E.—6.

2

During the past year the Eev. A. E. Fitchett gave the classical instruction, acting for Professor Sale, who received leave of absence for the session ; Dr. Barnett lectured on surgery, as locum tenens for Dr. H. W. Maunsell. Dr. Maunsell has recently resigned the lectureship, and Dr. William Brown has been appointed as his successor. Mr. W. Butler-Williams, 8.A., received the appointment of lecturer on the German language. The Council have during the past year spent a considerable sum in completing the equipment of the Mining School. They have also had a. long correspondence with the Minister of Mines, and at his desire have modified the arrangements so as to meet the requirements of all classes of students. The soundness of the instruction given at the school is well shown by the positions now held by the students who have gone through the course of study prescribed for the associateship. The Council have great pleasure in noticing, from the monthly class returns made by the Professors and Lecturers, that the lectures in the various courses have been duly delivered, and that the attendance of the students at the classes is regular. The balance-sheet for the year ending 31st March, 1892, is appended. I have, &c, D. M. Stuabt, His Excellency the Governor of New Zealand. Chancellor. *

Abstract of Beceipts and Expenditure for the Year ending 31st March, 1892. Receipts. & s. d. Expenditwrfi. £ s. d. Balance forward, 31st March, 1891 .. 1,557 10 8 Salaries— Rents— Professors .. .. .. .. 5,100 0 0 Burwoocl and Mararoa .. .. 1,300 0 0 Lecturers .. .. .. .. 1,475 0 0 Barewood .. .. .. .. 1,750 0 0 Registrar .. .. ... .. 250 0 0 Benmoro .. .. .. .. 3,000 O 0 Attendants .. .. .. .. 348 8 6 Forest Hill .. .. .. 43 2 6 Fees—Professors and lecturers .. .. 1, G42 4 0 Ga'stle' Street, house .. .. .. 52 0 0 Apparatus, &o.— Loith Street, houses .. .. .. 16 11 10 Chemical laboratory .. .. .. 55 7 11 Church Board of Property .. .. 1,800 0 0 Physical laboratory .. .. .. 19 19 2 Pees— - Biological laboratory ~ .. .. 34 8 6 College .. .. .. .. 221 10 6 Medical School .. .. .. 128 6 1 Class fees .. .. .. 1,584 19 6 School of Mines laboratory .. .. 30 18 8 Analysis fees .. .. .. .. C 2 10 0 Repairs and alterations .. .. 41 18 5 Interest— Law costs .. .. .. .. 2 2 0 On fixed deposit ■ .. .. .. G5 12 3 Library .. .. .. .. 95 12 8 On deferred payment .. .. .. 20 1 2 Prizes Account .. .. .. C G 6 ■Government subsidy, School of Mines .. 500 0 0 Insurance .. .. .. .. 41 17 6 ■Goldfields revenue .. .. .. 204 10 0 Water, fuel, and light .. .. .. 238 5 4 Refund from Treasury .. .. .. 1 11 2 Printing, advertising, and stationery .. S8 7 9 Transferred from Museum Account -.. 15 5 8 Rates (municipal) .. .. .. 11l 17 6 Incidental expenditure .. .. .. 55 13 3 Expenditure on Leith Street houses .. 21 2 7 School of Mines, Building Account . .. 250 9 4 Addition to Museum, Buildings Account .. 14 6 6 Interest .. .. .. .. 900 0 0 Goldfields Account expenses .. .. 26 8 0 Balance, 31st March, 1892 .. .. 1,822 5 7 £12,501 5 3 £12,801 5 3 Bichardson Scholarship Fund. £ s. d. £ s . a. Balance, 31st March, 1891 .. .. 730 9 9 Payment to holder of scholarship .. 40 0 0 Receipts—lnterest of mortgage .. .. 42 0 0 Interest on overdraft .. .. .. 0 10 Interest on fixed deposit .. 6 0 0 Balance, 31st March, 1892— Investment on mortgage .. .. 600 0 0 Investment on fixed deposit .. .. 126 13 0 Bank, current account .. .. 11 15 9 £778 9j9 £778 9 9 Sir Walter Scott Scholarship Fund. £ s - <3- £ s d Balance, 31st March, 1891 .. .. 285 0 0 Balance, 31st March, 1891 .. .. 81G 1 Interest on debentures .. .. .. 31 7 0 Interest on overdraft .. .. .. 0 2 6 Payment to holder of scholarship .. 15 0 0 Investment on debentures .. .. 285 0 0 Bank, current account.. .. .. 7 8 5 £316J7_0 £316 7 0 Taieri Scholarship Fund. £ s. d. £ s. d Balance, 31sfc March, 1891 .. .. 191 4 2 Expenditure Nil Interest on fixed deposit .. .. 9 6 0 Balance on Fixed deposit, 31st March, 1892 2Oo' 10 2 £200 10 2 £200 10 2