Vacancy in Honorary Membership: One vacancy was declared in the Honorary Membership owing to the death of Dr. A. C. Haddon. Fellowship Royal Society of N.Z.: On the recommendation of the Fellowship Selection Committee Dr. R. S. Allan and Mr A. W. B. Powell were elected Fellows of the Royal Society of New Zealand. Vacancy: One vacancy in the list of Fellows owing to the death of Dr. E. Kidson was announced, and it was decided that this vacancy should be filled at the next Annual Meeting. Qualifications of Nominees: Certain suggestions with respect to the manner of setting out the qualifications of nominees for the Fellowship had been received from Sir William Benham. On the recommendation of the Fellowship Selection Committee it was decided to adopt the recommendations. Member Bodies' Reports and Balance Sheets: The following reports and balance sheets were laid on the table and referred to the Hon. Treasurer for report:—Auckland Institute for the year ending 31st March, 1940; Wellington Branch for the year ending 30th September, 1939; Canterbury Branch for the year ending 31st October, 1939; Otago Branch for the year ending 31st October, 1939; Nelson Institute for the year ending 30th September, 1939; Southland Branch for the period ending 31st March, 1940. Report of the Standing Committee: On the motion of the President the following report of the Standing Committee was adopted:— Report of the Standing Committee for the Year Ending 31st March, 1940. Meetings: During the year six meetings were held, the attendance being as follows:—The Rev. Dr. J. E. Holloway, President, Dunedin, 1; Professor W. P. Evans, Vice-President, Wellington, 6; Dr. H. H. Allan, Wellington, 5; Mr. B. C. Aston, Wellington, 2; Mr. F. R. Callaghan, Wellington, 6; Mr. M. A. Eliott, Palmerston North, 2; Mr. G. V. Hudson, Wellington, 6; Dr. E. Marsden, Wellington, 0; Dr. P. Marshall, Wellington, 4; Dr. W. R. B. Oliver, Wellington, 5. Publications: The four quarterly parts of Volume 69 were published during the year, the fourth part being issued before the end of March. The decision to publish the Proceedings (annual reports, minutes of annual meetings, and Presidential Address) in Part 1 of each volume instead of in Part 4 has already proved to be a wise one. The further decision of the last annual meeting to revert to the practice of publishing in the Transactions the chief features in the annual reports of the Member Bodies together with brief abstracts of the more important papers read before them and not published in full, will be put into effect in Part 1 of Volume 70. It is felt that this will help to create a more general interest in the Transactions and at the same time serve the purpose of linking the Member Bodies more closely in their work. Finances: The annual grant has remained at £750, but the cost of the Transactions has been steadily rising. A comparison of the last five volumes shows that there has been a steady increase accounted for mainly by the rise in printing costs, which has been passed on to the Society in an additional 1s 6d per page of text and 4s 6d additional per page of plates, 1s 6d of this additional cost being incurred by the Society's decision to print plates on one side of the page only. The improvement of the plates, however, has warranted this additional expenditure. Another factor in the increased cost is that