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Balance in Treasury ZlU 4o

 From the above statement will be seen how low are the funds of the Society at present. owing chiefly 10 the recent purchase of the three story house and lot adjoining the old Asylum. The ''managers" were induced incur this additional expense for several reasons. ls. It deemed proper that the male and female orphans, hitherto, from necessity, resi- ding iu the house, and about equal in numbers, should be kept in separate establishments, which could not be done wiihaui procuring another house. 2d. The ''sisters of charity" lately arrived from the North to take charge of the lns itution papose con ducting in addition to the Asylum, free school for such children ther parents are unable to educate, for which they had m room in the house already oc- "mrIed hg inc rrhaas.

 An additional nlot'ye Tn this purchase, besides-its immediate conncctog with the other Asylum and the healthiulness of the lGation was the conn afatyely small for whichh his very spacious and salilly constructed building was obtained from the RI. Rev. Bishop Portier, with the extensive lot annexed to it. the whole purchase nofeY being but thiee thousand dollars, (s3000) little than half what the build ing itself cost and of which, Gas specified above) S2540 are already liqvidaed.

 The Managers weu still further encouraged in thus extending the useulIss of their society, especially the large number ol children in and about the city, who, for want of means, destitute of education, by their confident reliance lr proverbially gener charity of this community, of which they have had already such any Ile testimonies.

 It may be well to mention here that, in the last item of expenditures (S452,) besides inc travelling expenses of the four "ssters" from Maryland 10 Mo- bile, also ncluted s201, the annual amonnt, (vz only $50 for each sister) given to the nutherhouse, out of which they furnished, during the year, with all necessary clothing.

 After the above plain statement of their manage ment during tic past eleven months, the ladies deem it entirely unnecessary to make further app al to the generous sympathIes of their patrons, in behalf of the numerous, inteIcsting, but bless family, (now 36 orphans,) under their charge and almost wholly de- pendant for support, during the coming year, the proceeds of the Fair to be held New Years Eve, for their benefit, at the Ahambra. as the public are already notified.

 The managers would merely add that, while they fatter themselves, the above ''account of their stew ardship" will meet the appreciation of their friends, they would also hope that the present solid and per manent basis which both Asylums now esab lished, and the persons, who of all others best adapted to the duty, in charge of their inmates, will give additional confidence to their humane and generous patrons.

 lliurther lnducement were necessary, the mana gers woui beg cave their friends, that tlle Indies of the society, assisted by many others, have piled all their ski n'combinng the useul and JeaUti- fi, in the articles prepared for their New Yeal ; acceptanoe--ail of which is respectfully submitted.

 z. GUESNARD, President.

 M. McNALLY, Sec'y.

 December 18th, lSll.

 The Advertiser and Ledger will please copy.