E.—ll

3

Statement of Receipts and Expenditure for the Year ending 31st December, 1907. General Account, Receipts. £ s. d. Expenditure. £ a. d. Balance, 31st December, 1906 .. .. 1,082 9 6 Salaries of stafi .. .. •■ 1,450 13 0 Interest on capital .. .. •• 1,052 5 0 Maintenance of students and stafi .. 1,754 18 7 Rent of reserves .. • • 815 6 4 Farm wages (including £250, proportion of Sales of farm-produce- Director's salary) .. .. .. 725 7 5 Wool ■ • • • 880 15 10 Purchases of live-stook — Dairy •• •• •• 144 11 8 Pigs .. .. .. .. 8 5 5 Wheat 253 19 1 Sheep 44 5 6 Peas .. ■• •• •• 9 5 4 Horses .. .. .. .. 150 3 8 Oats &c. .. •• ■• •• 36 15 11 Tradeaocounts (including saddlery, freights, Sales of live-stock sacks, woolpacks, binder-twine, bran, linp ias .. .. 305 17 11 seed, hardware, &o.) .. .. .. 271 10 2 Sheep " 1.180 9 2 Manures 249 2 7 Cattle 41 13 10 Seeds 169 17 2 Students'fees .. .. •• .. 1,487 3 8 Implements—Purchases and repairs .. 483 11 3 Maintenance of students and stafi (inolud- Laboratories—Chemicals, drugs, &o. .. 36 15 10 ing refunds for board of farm employees) 85 15 0 Contingencies (College)—Sundry expenses Trade accounts—Sales of sacks, poultry .. 57 14 6 of Director and staff, farmers' luncheon, Sales of books to students .. .. 42 12 3 &c .. .... 66 4 5 Laboratories—Refunds for drugs, &o. .. 23 2 6 Orchard, grounds, and plantations—Wages, Contingencies (farm)—Show prizes .. 413 6 &o. .. .. .. .. ■■ 120 14 1 Stationery, exchange on cheques .. 2 2 1 Buildings, repairs .. .. .. 459 7 5 Wages of farm—Refund of excess .. 0 13 4 Rates—Road Board, water and sheep rates 68 3 11 Buildings, repairs—Refunds for breakages 17 0 Insurance (College) — Buildings, and acEeg laying competition—Sales of eggs .. 332 18 3 countant's guarantee .. .. .. 26 13 11 Insurance (farm) — Buildings, maohinery, and employers' liability .. .. 31 9 0 Contingencies (farm) —Expenses in connection with shows, sales, &c. .. .. 30 8 3 Farm fuel .. .. .. .. 10 0 10 Permanent improvements — Labour and material .. .. .. .. 230 2 10 Stationery—Stamps, telegrams, mail-bag, telephone rent and obarges .. .. 64 18 7 Library—Books and periodicals .. .. 27 11 11 Students' books —Purohase of books and instruments .. .. .. .. 28 16 11 Workshops (manual training)—Instructor's fees, &c. .. .. .. .. 14 15 8 Students' travelling-expenses .. .. 44 17 6 Travelling-expenses of Board .. .. 33 10 0 Printing and advertising .. .. 14 17 3 Workshops wages (blaoksmith) .. .. - 62 15 6 Contributions to churches .. .. 10 0 0 Prizes and certificates .. .. .. 17 11 0 Workshops (material and tools) .. .. 5 13 Saddlery lessons—Instructor's fees .. 34 18 0 Egg-laying competitions—Wages and feed 236 16 5 Examiners' fees .. .. .. 10 10 0 Interest—Transfer to Harman and Stevens of interest on Canterbury College debt sold to them .. .. .. 61 4 0 Scholarships .. .. .. .. 30 0 0 Balance, 31st December, 1907 .. .. 292 2 5 £7,378 1 8 £7,378 1 8 Capital Account. Receipts. £ a. d. Expenditure. £ a. d. Balance, 1st January, 1907 .. .. 21,087 15 8 j Harman and Stevens —Transfer of balance Received from Canterbury College, balance of Canterbury College debt sold to them of Supreme Court award .. .. 3,500 0 0 on aocount of land purchased .. .. 874 5 3 New Zealand Government—Purohase of land .. .. .. .. 500 0 0 Balance, 31st Deoember, 1907 .. .. 23,213 10 5 £24,587 15 8 £24,587 15 8 Deposit Account. Receipts. £ a. d. | Expenditure. £ s. d. 1 Deposited with Permanent Investment and Balance, 31st December, 1907 .. .. 1,500 0 0 Loan Association .. .. .. 1,500 0 0 MOETGAGE OP FREEHOLD ACCOUNT. Receipts. £ s. d. Expenditure. £ a. d. Balance, 31st Deoember, 1907 .. .. 20,000 0 0 Loan on seourity of 6,000 acres .. .. 20,000 0 0