89

E.—l

General Account —continued. Receipts. £ s. d. j Expenditure. £ s. d. Brought forward .. .. 2,185 12 Oi Brought forward .. .. 294 12 5 To Land sales (£l6, secondary) .. .. 84 10 0 By Primary education—continued. Furniture .. .. .. .. 2 13 Taranaki Education Board .. .. 393 3 8 Wanganui Education Board .. 273 16 4 Secondary education— Salaries .. .. .. .. 11 9 2 Printing .. .. .. .. 2 0 0 Advertising .. .. .. 10 0 Commission ... .. .. 890 Legal expenses .. .. .. 5 6 4 Bates .. .. .. .. 3 15 11 Surveying .. .. .. .. 3 4 9 Labour, &o. .. .. .. 18 9 New Plymouth High School .. 275 0 0 Purchase of school site .. .. 12 10 0 Proceeds of sale of school site, paid to Education Board .. .. .. 40 0 0 Balance .. .. .. 942 4 5 £2,270 2 0 I £2,270 2 0 Deposit Account. £ s. d. | £ s. d. Balance, 31st December, 1888 .. .. 0 0 1 ; Transferred to General Account as rent .. 73 3 6 Receipts .. .. .. .. 154 15 5 Refunded to depositor .. .. .. 10 5 0 Balance .. .. .. .. 71 7 0 £154 15 6 £154 15 6 Statement of Balances on 31st December, 1889. Account. £ s. d. | Bank. £ s. d. Gr. General Account .. .. .. 942 4 5 Or. Current Account .. ".. £344 6 0 „ Deposit Account .. .. .. 71 7 0 „ Fixed deposit .. .. 323 18 0 „ Fixed deposit, Savings-Bank 278 12 2 „ Deposit Account .. .. 71 7 0 1,018 3 2 Dr. Outstanding cheque .. .. 4 11 9 £1,013 11 5 j £1,013 11 5 Statement of Assets and Liabilities, Hist December, 1889. Assets. £ s. d. Liabilities. £ s. d. To Cash balance—General Account .. 344 6 0 By Outstanding cheques .. .. .. 411 9 Cash balance—Land Fund .. .. 602 10 2 Land Fund .. .. .. 602 10 2 Arrears of rent .. .. .. 641 2 5 Balance of assets .. .. .. 980 16 8 £1,587 18 7 £1,587 18 7 T. King, Chairman. E. Veale, Secretary. Examined and found correct. — Jambs Edwakd FitzGehald, Controller and Auditor-General.

WELLINGTON. Sik, — 16, Queen's Chambers, Wellington, 7th March, 1890. On behalf of the School Commissioners for the Wellington Provincial District, I have the honour to present, for the information of His Excellency the Governor and the Government, the eleventh annual report of their administration of education reserves, being that for the year ended the 31st December, 1889. In the early part of the year the Commissioners held their first sale under the provisions of "The Public Bodies' Powers Act, 1887,'' when 2,378 acres were disposed of at an average annual rental of Is. 2-Jd. per acre. Subsequently 611 acres were taken up, which increased the area disposed of to 2,989 acres, producing an average annual rental of Is. 5Jd. per acre. The second series of sales under the provisions of the same Act has just concluded, and the result shows 28.rural and suburban sections disposed of on lease, representing an area of 3,636 acres 1 rood 8 perches, at an average annual rental of Is. BJd. per acre. In addition to this, two small sections were sold (also under lease) for £3 per annum each, being town sections (of 23-J- perches each) in the Town of Palmerston North—thus augmenting the annual revenue by £312 Bs. 7d., which, subject to small allowances in a few instances, will come into the accounts for the current year (1890). The Commissioners regret that no portion of these moneys can be applied to the purposes of secondary education. Time after time, for many years past, the Commissioners have endeavoured to show the necessity for setting aside endowments for secondary education in the Wellington Provincial District, but without any result. In their .last report (1888) they strongly represented this necessity ; and they once more respectfully request? the Government to take advantage of the law as it stands, and set aside the much-needed endowments in support of secondary institutions within this district. 12— E. i.