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school may be established by the commencement of the session of 1914. I would submit to your Excellency, however, that, no matter how desirous the Council may be of extending the University's works in this direction, the finance of the undertaking must be assured by the Government. It will be evident from the latter portion of this report that the Council has no moneys of its own to expend upon the establishment of this school. Extension Lectures. During the year the Council has had under consideration the establishment of extension lectures, and a scheme has been evolved by which certain of the professors will, during the winter months, deliver a series of popular lectures. It is thought that in the future the scheme may be extended to allow of lectures being delivered at other centres, such as Invercargill and Oamaru. Finance. In the annual reports for some years buck- attention has been directed to the unsatisfactory nature of the University's finances. Unfortunately, it is my duty once more to emphasize this matter, for during the past year the University mis gone back financially to the extent of about £800. It is true that a great deal of extraordinary expenditure had to be, faced in renovating the chemical laboratory and in other works, but even after taking this into consideration a deficit still remained. Your Excellency may rest assured that the Council in its expenditure throughout the year has had regard only to the efficient working of the various departments. And attention may properly be directed to the large number of departments controlled by this University. Not only does it give instruction in the ordinary course of arts ami science (including iiome science), but it also equips students for the important professions of medicine, dentistry, mining, law, and accountancy. The value of such an institution to the public of the Dominion is unquestionably very great, and the Council thinks it may fairly look to the Government for increased support. I have to record the Council's thanks for the substantial amount of £2,000 which was last year voted by the Government towards the redemption of debentures owing by this University. The balance of these debentures now- stands at £8,000, and the Council trusts that such provision may be made as will enable the whole of this amount to be liquidated in the very near future. I have, &c, Andrew Cameron, Chancellor.

The Chairman of the Professorial Board, to the Chancellor, Otago University. Sir — I have the honour to report, on behalf of the Professorial Board, in regard to the conduct and work of the University during the year ending 31st March, 1913. Attendance : The Registrar has kindly supplied mc with statistics as to the number of students who attended lectures in the various departments during the past year : — Men. Women.' Total. 1911. Arts .. .. •• ..128 95 223 248 Science 20 6-26 50 Law 40 .. 40 14 Commerce .. .. .. .. 46 .. 46 Medicine 112 9 121 108 Dental .. 10 1 11 10 Engineering .. .. .. .. 2 .. 2 Mining .. .. .. •- ..14 .. 14 14 Home science .. .. .. .... 30 30 27 Totals 372 141 513 471 Of these, 18 men and 7 women were graduates. 82 men.and 31 women were not matriculated. The increase of 42 students shown in the above table is obviously due to the large number of stuentsd in accountancy and law, for the number of students in science and arts decreased by 49. This decrease is probably due to the higher standard of the Matriculation Examination. & Academic results : The following table shows the number of students who passed examinations for the various degrees during the academic year compared with the number who gained the corresponding degrees in the three previous years:D.Sc. I I M.D 2 2 I 3 MA •• -- ■•"11 15 l 3 3 Misc.! 5 3 2 I BA ..... 23 25 17 22 B.Sc." 3 7 3 6 LL.B 2 4 I 2 MB •• •• •• 1* 1° '1 12 B.D.S. 2 1 3 B.E 2 64 68 55 49