The Council reported that they had awarded the Keith Prize for the biennial period 1863–65, to Principal FORBES, St Andrews, for his “Experimental Inquiry into the Laws of Conduction of Heat in Iron Bars” which was printed in the last Part of the Transactions of the Society.

The Council also reported that they had awarded the Neill Prize for the triennial period 1862–65 to Andrew Crombie Ramsay, F.R.S., Professor of Geology in the Government School of Mines, and Local Director of the Geological Survey of Great Britain, for his various works and memoirs published during the last five years, in which he has applied the large experience acquired by him in the Direction of the arduous work of the Geological Survey of Great Britain to the elucidation of important questions bearing on Geological Science.