3

E.—ll

GENERAL ACCOUNT. Receipts. £ s . d. Expenditure. £ 8 , (j. To Bent of reserves .. .. .. 1,592 9 4 By Balance at Ist January, 1898 .. .. 428 6 3 Interest on Supreme Gourt award .. 300 0 0 Salaries of staff .. .. .. 1,412 1 7 Interest on capital .. .. .. 801 14 2 Library .. .. .. .. 42 14 7 Reoeipts from students— Students' travelling-expenses .. .. 38 5 0 Pees .. .. .. .. 1,365 15 0 Printing and advertising .. .. 100 15 5 Sale of books and instruments .. 37 7 8 Laboratories—Reagents, apparatus, &o. 108 11 9 Penalties.. .. .. .. 1 10 8 Stationery, stamps, and telegrams (inMaintenanoe of students and staff—Re- eluding typewriter) .. .. 87 3 11 fund for Board of Directors, &o. .. 74 10 3 Law-costs .. .. .. .. 34 3 9 Repairs to buildings—Refund for break- Inspection of reserves .. .. 8 15 8 ages .. .. .. .. 512 7 Maintenance of students and staff .. 1,621 10 7 Grounds and plantations—Sale of fire- i Insurance of buildings, &o. .. .. 51 17 6 wood .. .. .. .. 3 0 5 Repairs to buildings and water-supply .. 144 9 6 Laboratories—Refund for breakages .. 518 1 Labour in grounds and plantations .. 82 10 2 Orchard—Sale of apples .. .. 0 7 6 Books and instruments for students .. 50 15 7 Balanoe from Farm Aooount .. .. 408 0 11 Contingencies (College) .. .. 69 9 10 Balanoe at 31st December, 1898 .. 362 7 0 Experimental work .. .. .. 91 1 2 Orchard .. .. .. .. 66 8 3 Workshops— Wages .. .. .. .. 48 8 9 Material and tools .. .. 29 16 9 Telephone connection .. .. 19 0 0 Fitting up Director's office .. .. 4 17 4 Veterinary laboratory .. .. 141 4 9 Examiners' expenses .. .. 106 17 6 Scholarships (four at £20 each) .. 80 0 0 Travelling-expenses of members of Board 89 3 0 £4,958 8 7 : £4,958 8 7

CAPITAL ACCOUNT. Receipts. £ s. d. Expenditure. £ a. A. To Balance, Ist January, 1898 .. .. 1,188 2 3 By Legal expenses in connection with Refund for excess of acreage in land sold Supreme Court award of £6,250 .. 187 18 11 to R. H. Chapman .. .. 43 13 3 Share of solicitor's expenses in conPayment of oapital by Canterbury neotion with preparing Bill for repayCollege .. .. .. .. 17,470 310 \ ment of £960 to G. H. Saxton .. 619 0 Share of surplus from sale of Saxton's Share of solicitor's expenses in oonestate .. .. .. .. 2,810 0 0 nection with sale of Gilmour's land .. 13 7 Share of surplus from sale of Gilmour's Balanoe .. .. .. .. 21,573 7 11 land .. .. .. .. 57 9 7 Payment of part of Supreme Court award .. .. .. .. 200 0 0 *21>Z69 9 5 £21,769 9 5

MORTGAGE OF FREEHOLD ACCOUNT. Receipts. £ s. d. 1898. Expenditure. £ s. il. To Balance .. .. .. .. 20,000 0 0 By Loan on security of 6,001 aores .. 20,000 0 0 By Balanoe, Ist Jan., 1899 .'. £20,000 0 0

BALANCE. Accounts. £ s. d. Bank and Investment. t s. <1 Gr. Capital Account .. .. ..21,573 711 Cr. Drawing Account .. £1,392 3 6 Dr. General Account .. .. .. 362 7 0 Less outstanding cheques 181 2 7 1,211 011 Mortgage on freehold .. .. .. 20,000 0 0 £21,211 0 11 £21,211 0 11 J. Baynb, Director. Examined and found correct.— J. K. Waebukton, Controller and Auditor-General. Approximate Cost of Paper.— Preparation, not given ; printing (1,575 copies), ±'2 11s. 6d.

By Authority : John Mackay, Government Printer, We'lineton —1899. Price 3d.]