International Catalogue of Scientific Literature.

Transactions and Proceedings of the Royal Society of New Zealand, Volume 37, 1904, Page 596

International Catalogue of Scientific Literature. The New Zealand Institute having been appointed regional bureau in this country for the International Catalogue of Scientific Literature, in accordance with the wish of the International Council, publishes the following balance-sheets:— 1. Balance-Sheet, 29th February, 1904. 1. Balance-Sheet, 29th February, 1904. Liabilities. Loan from Royal Society— £ s. d. Amount free of interest 300 0 0 Amount subject to interest at 4 per cent. per annum 3,500 0 0 Subscriptions from countries received in advance 649 6 0 Accounts in respect of the first annual issue unpaid— Printing and binding 683 18 10 Publishers' commission 30 0 0 Experts' fees 109 0 0 — — — £5,272 4 10 — — — Assets. £ s. d. £ s. d. Furniture 137 0 6 Typewriting machinery 69 11 7 Office fixtures 19 9 0 Catalogue apparatus 79 7 6 Reference books 45 4 7 — — — 350 13 2 Less one-tenth thereof transferred to Income and Expenditure Account 35 1 4 — — — 315 11 10 Preliminary expenses incurred before 31st December, 1901— Printing 763 10 6 Director 500 0 0 Honorarium to Dr. Morley as secretary of Provisional International Committee 250 0 0 — — — — — — Carried forward 1,513 10 6 315 11 10 £ s. d. £ s. d.

Brought forward 1,513 10 6 315 11 10 Preliminary expenses, &c.—ctd. Rent of office 213 0 0 Legal charges 77 11 2 Salaries 335 4 2 Travelling-expenses 9 3 1 Stationery 45 11 5 Office expenses 26 3 10 Postage and telegrams 61 1 8 — — — 2,281 5 10 Less one-fifth thereof transferred to Income and Expenditure Account 456 5 2 — — — 1,825 0 8 Amount due from countries, &c., for volumes sold 2,648 0 8 Suspense Account— Payments on account of second annual issue 1,518 13 1 Less received for volumes sold 1,342 7 3 — — — 176 5 10 Balance at bank— Robarts, Lubbock, and Co. 192 2 1 Union of London and Smiths Bank 81 9 8 Balance in hand 0 5 0 — — — 273 16 9 Excess of expenditure over income on the first annual issue 33 9 9 £5,272 4 10 — — — I have examined the above balance-sheet and accompanying Income and Expenditure Account with the books and vouchers, and have found them correct. I have also verified the balance at the bankers'. Administrative expenditure has been apportioned by the directors between preliminary expenses and expenses of the first and second annual issues. W. B. Keen, Chartered Accountant. 3, Church Court, Old Jewry, E.C., 27th April, 1904.

2. Income and Expenditure Account of the First Annual Issue. 2. Income and Expenditure Account of the First Annual Issue. Expenditure. £ s. d. Printing and binding 3,444 11 0 Publishers' commission 330 4 8 Experts' fees 614 3 4 Expenditure from 1st January, 1902, to 30th June, 1903— Director 750 0 0 Salaries 817 5 2 Rent of office 345 0 0 Stationery and catalogue cards 53 17 9 Office expenses 33 3 8 Postages and telegrams 45 12 9 Insurance 8 4 0 Interest on loan 183 11 2 One-tenth of cost of furniture, &c., written off, as per balance-sheet 35 1 4 One-fifth of preliminary expenses written off, as per balance-sheet 456 5 2 — — — £7,117 0 0 Income. Sales of subscription copies 6,913 18 6 Sales of trade copies 169 11 9 Excess of expenditure over income carried to balance-sheet 33 9 9 — — — £7,117 0 0 — — — [No estimate has been made of the income expected from the number of copies not yet sold, which at the 29th February, 1904, were about 12,700.]