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2. General Statement of Eeceipts and Expenditure for the Year ending 31st December, 1891. Receipts. £ s. d. Expenditure. £ s. d. To Balance at beginning of year .. .. 1,586 3 8 By Office salary .. .. .. .. 60 0 0 Endowments— Other office expenses .. .. .. 10 8 4 Current income from reserves .. 277 5 6 Legal expenses .. .. .. 10 17 0 From property not a reserve .. .. 745 0 0 Teachers' salaries and allowances .. 1,550 6 8 Interest on moneys invested and on mi- Portion of scholarships spent on board, paid purchase-money .. .. 144 7 0 and rail .. .. .. .. 92 4 0 ■ Paid by School Commissioners —£80 Examiners'fees—two years .. .. 40 7 0 grant to paint buildings; £20 exa- Music teachers .. .. .. 121 4 0 miner's fee .. .. 100 0 0 Prizes .. .. .. .. 913 6 School fees .. .. .. .. 1,144 10 2 Printing, stationery, and advertising .. 23 2 0 Boarding-house fees—Portion of School Cleaning, fuel, light, &c. .. .. 109 1 6 Commissioners' scholarships paid on Book and stationery account, and other board of scholarship-holder, and rail temporary advances.. •■ .. 69 0 4 charges* .. .. .. .. 92 3 0 Site and buildings, from current revenue— Books, &c, sold, and other refunds .. 77 1 6 Purchases and new works .. .. 10 14 10 Other receipts— Fencing, repairs, &c. .. .. 170 9 9 Half of dividing fence .. .. 6 13 7 Eents, insurance, and taxes .. .. 156 19 5 Deposit of contractor .. .. 5 0 0 Deposit of contractor returned.. .. 5 0 0 Balance at end of year — Current account .. .. .. 313 16 1 On fixed deposit in bank .. .. 1,425 0 0 £4,178 4 5 £4,178 4 5 * The value of the scholarships was J3326 15s. j>234 12s. are included in school fees; the remainder as above. J. D. Oemond, Chairman. David Sidet, Secretary. Examined and found correct.—James Edward FitzGebald, Controller and Auditor-General. 3. Woek of Highest and Lowest Classes. Boys. Highest. —Mathematics: Euclid, Books 1.-IV., with deductions and exercises. Algebra: To binomial theorem. Trigonometry :To solution of triangles. Statics, dynamics, and hydrostatics. General arithmetic. Latin: Cicoro, De Ofticiis ; Virgil, iEneid V. ; GflSsar; prose composition and grammar. French: Le Consent ; composition, selected readings, and grammar. English: Historical; grammar ; composition ; and Shakespeare's Henry V.; Prologue to Canterbury Tales. Geography : Physical and general. History : 1600-1837. Natural Science : Physiology. Classsinging and Drawing. Lowest. —The work of the lowest form was that of the Third Standard of the elementary code of the Education Department. Girls. Highest. —Latin : Virgil, /Eneid II.; Belcher's Latin Prose Composition. French: Macmillan's Third; Geruzer Histoire de le Litteratare Franchise ; Dumas, Tulipe Noire. German: Macmillan's Second German Course ; Otto's Eeader. Arithmetic : Complete course. Algebra :To permutations and combinations, quadratics &c. included. Euclid 1.-VI. Chemistry: Matriculation work. Geography : Outlines of World, Europe, India, and Australian Colonies. Grammar : Meiklejohn's Historical English Grammar, Accidence, and Syntax. History : 1689-1837. Literature: Shakespeare's Henry V. Physiology : Matriculation work. Drawing: Freehand, model, and geometrical. Calisthenics. Lotuest. —Arithmetic: Simple and compound rules; reduction. French: Bue's First French Course ; easy conversation lessons. Geography : New Zealand and Europe. Physical Geography : Geikie, easy lessons on. Grammar: Parts of speech, easy analysis and parsing. History: 1066-1377. Object-lessons on animals, light, heat, &c. Beading: Eoyal Eeader No. 5. Mental Arithmetic. Drawing: Freehand and model. Sewing. Calisthenics. 4. Scholarships. The school gave free education to twenty-one holders of scholarships given by the School Commissioners, five by the Education Board, and four by the Caledonian Society.

GISBOENE HIGH SCHOOL. General Statement of Receipts and Expenditure for the Year ending 31st December, 1891. Receipts. & s. d. Expenditure. £ s. d. To Balance at beginning of year .. .. 984 0 0 By Dr. balance at beginning of year .. 109 8 6 Endowments — Teachers' salaries and allowances, under Current income from reserves .. .. 50 0 0 section 4of " Gisborne High School Paid by School Commissioners .. 208 12 4 Act 1885 Amendment Act, 1887" .. 150 0 0 Other receipts .. .. .. 47 18 9 Interest on current account .. .. 1 710 Balance at end of year— Current account .. .. .. 10 14 9 Fixed deposit .. .. ..1,079 0 0 £1,350 11 1 £1,350 11 1 W. L. Williams, Chairman. C. A. De Lautoue, Secretary and Treasurer. Examined and found correct.—James Edwakd FitzGebald, Controller and Auditor-General.

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