The President, Mr. William P. Tatham, in the Chair. Present, 197 members, and 31 visitors. The President, upon calling the meeting to order, remarked : "I desire to say, on behalf of the Managers of the Electrical โข'xhibition, which was closed last Saturday without ceremony, that we express our gratitude to the Almighty, that the prosperity which was invoked at the opening of the exhibition was continued to the close. Tile chairman of the general committee is present, and, no doubt, will be glad to make a verbal and necessarily imperfect report of the results of that exhibition. It will be his duty hereafter to make a detailed report to the Board of 5/[anagers. This will be published, and he will then have the pleasure of giving the credi~ which is due to everyone who has been concerned in the exhibition and contributed to its success. In case he, with his characteristic modesty, should omit to mention himself, I desire to mention his part myself.
"Col. Banes has been the chairman of the standing ' Committee on Exhibitions' for a number of years, during which he had only to watch his opportunity. This opportunity at last arrived and the Board of Managers then charged him with the care of the exhibition, and clothed him with adequate and corresponding power; and I must saythat he has exerted those powers with excellent judgment, moderation and success. His clearness of perception and his energy in direction, t~is quickness of decision and execution, and his admirable judgmept, have made him the very model of a m an ager for the electrical exhibition."
Col. Banes remarked :--"Mr. Chairman, I desire to thank you for the very kind and flattering words that you have said. Permit me to say through yon, to the menlbers of the Institute, that any report that I can make at this time would, of course, be exceedingly imperfect. In the first place we have not by any means closed our financial affhirs, and certain very important matters ye~ in progress will probably require two or three weeks before they are settled.