REPORT OF THE TREASURER OF THE H. U. B. C.

THE following report is submitted in accordance with the provisions of the Constitution of the H. U. B. C. From the subscription-list of last year there was collected $1,226, and from other sources $1,573.11, - making a total of $2,799.11. The expenditures were:-

Bills of 1873, $516.68

" " 1874, 1,146.90

Tax on boat-house, 86.18

Expenses of crew, 1875, 1,040.07

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$2,789.83

Cash on hand, 9.28

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$2,799.11

There still remains a debt of about $500, which, together with the necessary expenses for '75-'76, will make the amount to be raised during the coming year $2,000. According to Art. VIII. Sec. 3 of the Constitution, it will be divided among the classes as follows:-

Class of '76, at 15 percent, owe $300- $76 subscribed.

" " '77, " 25 " " 500- 352 "

" " '78, " 25 " " 500- 20 "

" " '79, " 35 " " 700- 18 "

------------------------- -------- ------- 100 percent. $2,000 $466 "

Last year the classes were assessed as follows:-

Class of '75, at 15 percent, owe $375

" " '76, " 25 " " 625

" " '77, " 25 " " 625

" " '78, " 35 " " 875

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100 percent. $2,500

TRUMAN HEMINWAY, Assistant Treasurer.