FINANCIAL.

Our receipts during the eight months of the fiscal year closing May 31 from collections and donations have amounted to $131,434.37. The collections and donations for the same months last year were $159,900.45, a decrease of $28,466.08. The legacies for these months last year were $31,516.63, while for this year they have been $47,450.24, an increase of $15,933.61. The total receipts for this year in collections, donations and legacies have been $178,884.61 against $191,417.08 for the same period last year, a decrease of $12,532.47. This decrease causes us great anxiety.