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Financial Report for the Year Ended 31 December 1970

The accompanying audit summarizes the financial condition of the Society for the year ended 31 December 1970. The present report can be looked at with cautious optimism. It shows an increase in a) cash balance of $8,273.68 and b) net worth of $5,810.67. The slightly more favorable financial posture of the Society last year, compared with 1969, is evident in the "Schedule of Journal Income and Expenses" which shows an excess of receipts over expense of $1,037.06. Improved billing procedures instituted by the former Secretary-Treasurer with Allen Press have resulted in more prompt collection of bills from authors for extra pages, subvention, line revisions, and art work.

GEORGE R. HEALY, Ph.D. Secretary-Treasurer

28 March 1971 To the Officers and Councilors of the American Society of Tropical Medicine and Hygiene: We have examined the statements of assets, liabilities, and net worth (prepared on a cash basis with the exceptions noted below of The American Society of Tropical Medicine and Hygiene and of the Tropical Medicine and Hygiene News as of 31 December 1970, and the related statements of cash receipts and disbursements for the year then ended.