Now what of the association's future? The field is boundless but the working cash is wanting. Faith is unlimited but works are conditioned by want of appeal to commercial powers. It is almost a vicious circle, no commercial appeal no money, no money no development to appeal to commerce. But we do make progress and it is accelerated progress. In time we must necessarily arrive at our goal. Our lines of advance are sketched out and our progress along these lines depends on the energy of the workers and the means with which they have to work. I shall ask the association to establish a rule as to when members are in good standing and when they should be dropped from the rolls for non-payment of dues. I shall also ask for a clear understanding, in the form of an amendment to the by-laws, on the question of annual dues and their combination with the American Nut Journal. It is desirable that we have a ruling as to a fiscal year. The delay in the issuance of the annual report was due to my unwillingness to contract debts for the payment of which funds were not in sight. The treasurer's report will show that we have a surplus in the treasury to date of about $50. The report of the treasurer is too long to be read at this time, so I will simply repeat that it shows on hand a cash surplus of $50. I will turn the detailed report over to the auditing committee for their action. TREASURER'S REPORT STATEMENT OF ACCOUNTS OF THE NORTHERN NUT GROWERS' ASSOCIATION FROM OCT. 3, 1923, TO AUG. 31, 1924, BOTH INCLUSIVE NOTE--Owing to delay in mails, the report given below is a later one than that used by the secretary. The one here included should have reached the secretary previous to convention, and it is the final, correct statement. RECEIPTS Membership--Plan No. 1 $ 2.00 Membership--Plan No. 2 19.25 Membership--Plan No. 6 111.00 Membership--Plan No. 7 149.50 Membership--Plan No. 9 8.25 Membership--Plan No. 10 7.75 ------- Total receipts from membership $297.75 Transfer of Funds from Former Treasurer 104.13 Contributions 235.00 Sales of Literature 10.01 Interest .10 ------- Total $646.99 EXPENDITURES