F. P. Clement, Jr., '16, secretary-treasurer of the Junior class, has made the following semi-annual report of the class finances, extending from the beginning of the academic year to the middle of March, 1915. The total balance of the class is now $1188.24.

The statement is as follows: INCOME ACCOUNT. Balance from S. M. Felton, Jr. Reserve Fund,  $500.00 In Bank,  255.00 Class Dues,  631.50 From Junior Dance Committee: For Loan,  50.00 Proceeds,  50.00 Rebates,  8.50   -----  ----- Total Income,  $1,495.22  $1,495.22 EXPENDITURES. Current Expenses: First Smoker,  $75.50 Second Smoker,  107.75 Third Smoker,  80.75   -----  -----   $264.00  $264.00 General Expenses: Student Council Dues,  $10.00 Printing,  11.75 Finance Committee,  6.23 Loan to Dance Committee,  50.00 Postage,  1.00 Flowers,  14.00   -----     $92.98   -----  ----- Total Expenditures,  $356.98  $356.98 Balance on Hand: Reserve Fund,  $500.00 In Bank,  638.24   ----- Total Balance,  $1,138.24  $1,138.24     -----     $1,495.22