demonstrated when we appealed for volunteers to help the Antiquities and Monuments Board to grade buildings in Hong Kong which may have some historical interest. Around 20 volunteers have so far come forward and they have already been put to work. We need to thank Dr. Dan Waters for co-ordinating this project and hope that those who carry out this task will find their visits interesting enough to the extent that they may like to lead a Society trip sometime or even publish some brief notes for the Journal.
Last year I reported on our efforts to stimulate interest from corporations, and create a category of corporate membership. The idea was that for the comparatively small sum of $10,000 p.a. it was intended to give certain privileges to corporate sponsors particularly in the area of acknowledgement in our publications. Amongst the reasons for this move, apart from putting the Society on a firmer financial basis, was to bring to those corporations' attention the Society's achievements and interests. I regret to say that we have not made much progress on this, but the matter will be receiving the attention of the Council during next year.
Our Treasurer, Mr. Robert Nield will give you a detailed report shortly on the state of our finances. We are indeed fortunate to have them so professionally managed, to the extent that the Council now has computer graphs of our financial progress since the resuscitation of the Society in 1960. He will inform you, I hope, that our finances are in a reasonable state but the overall situation does need to be watched. You will notice therefore that later on this meeting we will be asking for approval to raise the annual subscriptions from $250 p.a. which was last set in January 1991 to $300 p.a., with corresponding increases in other category of memberships with effect from January 1993: this works out at a 20% rise over the two years which is around the rate of inflation over this period.
You will notice from the Librarian's report, by Mr. Y.C. Wan that the Library continues to be in a satisfactory state. However I regret to say that the books, although well kept, are still at the rather inaccessible Kowloon Central Library and not in the City Hall Central Library in a special collection room. It was hoped that by this time we would have knowledge of a definite move but in view of the possible re-development of the City Hall area it is not known whether the original plan will take place. It is intended to take this matter up further and I hope to be able to report on this more encouragingly next year.
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