This year's financial statement of the Union shows a deficit of $6,667.63, the largest loss in recent years, last year's deficit being $3,990.46, while the total loss of the year previous was $6,614.62. The net loss of the House Department was practically the same as last year, both income and expenses being some-what lower. The gain from pool and cigars was almost identical with that of last season, the former department showing some increase and the latter a small decrease. The greatest point of difference was in the restaurant, which last year showed a gain of nearly $1,000 and this year a loss of more than $1,500. The last figures, however, are somewhat misleading, as certain large purchases had to be made early in the year.

The complete report for the period ending February 29, 1916, is as follows: HOUSE DEPARTMENT.   Receipts. 1-2 Membership,  $8,695.00 1-2 Rent acct.,  462.50 Care of Rooms,  70.00 Bedrooms,  687.00 News Stand,  109.06 Miscellaneous,  5.91 Loss,  5,890.64   Expenses. Service,  $3,210.86 Board of Help,  1,372.00 Periodicals,  133.45 Telephone,  97.56 Laundry,  138.96 Heating,  1,573.25 Electric Light,  867.25 Water,  143.83 Stationery, Printing,  518.45 House Linen,  74.80 Interest,  76.33 Repairs,  610.98

Entertainment,  462.28Miscellaneous,  872.75Rent of Land,  630.00Insurance,  336.05Taxes,  2,983.73Office Service,  1,255.50Office Board,  205.00Library Service,  414.93Library Expenses,  32.15$15,920.11  $15,920.11RESTAURANT DEPARTMENT.  Receipts.Dining Rooms,  $16,734.65Ladies' Cafe,  246.40Help's Table,  3,833.00Stock on Hand,  850.40Loss,  1,569.63  Expenses.Purchases,  $13,477.27Services,  5,535.62Board of Help,  2,190.00Kitchen Fuel,  275.19Gas,  81.31Kitchenware,  198.20Tableware, Linen,  435.59Laundry,  380.58Printing,  74.82Miscellaneous,  675.50$23,324.08  $23,324.0