Balance December 1, 1907 $ 4,651.53 Membership dues: Proceeds special propaganda—Life $ 875.00 Proceeds special propaganda—Annual 3,530.87 --------- 4,405.87 Remitted by Branches 3,590.55 Interest on investments of Endowment Fund 847.00 Repayments 1.43 Donations 1,350.00 Proceeds, sale of Christmas Stamps 1,627.95 Proceeds, sale of badges, text-books, etc. 57.95 ----------- Total $ 16,532.28 DISBURSEMENTS. Salaries $ 2,979.08 Clerical services 382.75 Traveling expenses 72.57 Publication of BULLETIN (part) 1,936.36 Printing and stationery 554.05 Postage and minor office expenses 450.00 Telephone service 65.36 Telegraph service 85.84 Badges, text-books, etc. 105.00 Refundments 116.73 Transfer to “Guarantee Fund,” for special propaganda 2,500.00 Life dues received through special propaganda, transferred to Endowment Fund 875.00 ----------- Total $ 10,122.74 Balance December 1, 1908 6,409.54 ----------- $ 16,532.28 FOURTH ANNUAL MEETING OF THE RED CROSS Preceding the annual meeting a meeting of the Central Committee was held and the proposed revision of the by-laws discussed. The Committee voted unanimously in favor of the revision.