CURRENCY.-Continued. COUNTRY BANKS. Average amount of Promissory Notes in Circulation in England and Wales in each week, ended on a Saturday, for the Third Quarter of 1853.— (Continued from page 288, vol. xvi.) Fixed Issues-Private Banks, £4,655,619; Joint Stock Banks, £3,409,987. Average amount of Promissory Notes in Circulation in Scotland and Ireland during the Months ended the 9th of July, the 6th of August, and the 3rd of September, 1853.—(Continued from page 288, vol. xvi.) Fixed Issues-Scotland, £3,087,209; Ireland, £6,354,494. CURRENCY. BANK OF ENGLAND. An Account, pursuant to the Act 7th and 8th Victoria, c. 32, for each Week ended on a Saturday, for the Fourth Quarter of 1853. CURRENCY.-Continued. COUNTRY BANKS. Average amount of Promissory Notes in Circulation in England and Wales n each Week ended on a Saturday, for the Fourth Quarter of 1853. Fixed Issues-Private Banks, £4,616,609; Joint Stock Banks, £3,325,857. Average amount of Promissory Notes in Circulation in Scotland and Ireland during the Months ended the 1st of October, the 29th of October, the 26th of November, and the 24th of December, 1853. Fixed Issues-Scotland, £3,087,209; Ireland, £6,354,494. QUARTERLY JOURNAL OF THE STATISTICAL SOCIETY. JUNE, 1854. Twentieth Anniversary Meeting of the Statistical Society. [Held at No. 12, St. James's Square, London, Wednesday, 15th March, 1854.] THE RIGHT HON. THE EARL FITZWILLIAM, K.G., F.R.S., President, in the Chair. The Secretary read the following Report of the Council on the progress of the Society during the past year: Report of the Council. THE Council of the Statistical Society are happy to be able to meet the Fellows, at this their Twentieth Anniversary Meeting, with congratulations on the highly satisfactory condition of the Society's affairs. Though the Society has, since the last Report, sustained unusual losses by deaths and by resignations, the new elections, which have amounted to thirty-two in number, have left a slight balance in its favour. In reference to the financial condition of the Society, the Council are in a condition to repeat the satisfactory statement of last year, "that all its sources of income for the past year exhibit an increase over the corresponding items in the account of the previous year." The subscriptions and compositions for the year ending 31st December last exceed the very large receipts of the previous year by 157.; the sale of the Journal is in excess of the same source of income for the same year by 207.; while the very satisfactory arrangement with the Institute of Actuaries, which was alluded to in the last Report, has added a new source of income to the amount of 751. From these three sources the Society has added to its receipts to the extent of nearly 1107. By the arrangement with the Institute of Actuaries, the expenditure of the Society in one or two material items is also economized. The Council would especially invite the attention of the Fellows to the increasing sale of the Journal, as affording an indication of the growing estimation in which the Society is held. In 1851, the Society derived from the sale of its Journal a sum of 507.; in 1852, VOL. XVII. PART II. H the receipts amounted to 707.; and in the last year to 907. The Council have reason to believe that the publication of the Index to the first fifteen volumes, to which a more lengthened allusion will presently be made, will lead to a still further augmentation of this branch of the Society's receipts. On the side of the expenditure, the financial transactions of the Society for the past year are equally satisfactory, though they stand in need of some explanation. The current ordinary expenditure of the year slightly exceeded 7007., and fell short of the current income by upwards of 2007. After defraying the usual current expenses, the Council were able to discharge a liability for printing the Journal for three-quarters of a year, amounting to 1827. 5s. 9d., and a smaller liability of 107. 7s. for stationery, as well as to vote a sum of 251. on account of the General Index. Owing to these causes, the total payments of the year 1853 slightly exceeded the income of the year. The Council are happy to state, that on the 1st of January, of the present year, the Society had but one liability, being a sum owing for printing the Journal, to the amount of 1351. 2s. 9d. That liability has been since discharged; and as there is good reason to calculate on the income for the year 1854 exceeding the current expenditure by upwards of 2007., the Council hope to be able to congratulate the Fellows, at their next anniversary meeting, not only on having commenced the current year free from debt, but on possessing a surplus, to devote to the extension and improvement of the library, to original inquiries, or to other purposes of importance. The Council, indeed, have already devoted a portion of the funds at their disposal to a highly useful purpose, of which mention was made in their Report of last year. They allude to the General Index to the first fifteen volumes of the Journal. This useful work they have entrusted to the able and practised hands of Mr. Wheatley, the bibliographer and librarian. The Index is now passing through the press, and will shortly be published. The Council have made arrangements for supplying the work to the Fellows at a moderate cost; and they anticipate such a demand for it as will enable them to defray the expense of its publication, without incurring any fresh liability. The additions made to the library during the past year are considerable. They comprise a second collection of books from Dr. Edward Jarvis, of Dorchester, Massachusetts; a donation of upwards of fifty volumes of standard Italian and French works, presented by Signor Fabrizio Fabiani, of Genoa; and a valuable and complete collection of documents, comprising the Statistics of the kingdom of Sardinia, from Signor G. Flechia, Librarian and Keeper of the Archives of the Senate of the kingdom of Sardinia, presented through the medium of Colonel Sykes. The Council have also authorized the expenditure of a larger sum than usual for the improvement of the library, which sum has been devoted chiefly to the completion of sets of valuable statistical works of reference. Among the works so completed, may be mentioned "The Annual Register" and the "Annales d'Hygiène et de Médecine Légale;" and among the works which have been brought nearly to a state of completion, the |