THE ECONOMETRIC SOCIETY ANNUAL REPORTS, 1986 REPORT OF THE TREASURER.

The article provides an overview of the 1986 report of the Econometric Society presented by treasurer Robert J. Gordon. The report covers the 1985 profit update of the organization, target revenue, expenditure, and surplus for 1986 and 1987, balance sheet, recommendations, and investment policy. The profits and losses of Jacob Marschak Fund and of the World Congress Travel Fund reflect the unstable figures in the fund balances with a total net loss amounting to $20,282. The impact of the travel grant program in regulating the total net worth of the organization is emphasized. Gordon recommends the approval of the oil price bonus through increase in membership dues and subscription rates in 1987.