X.—6

66

Statement of Loans on Mortgage Account at 31st Deoember, 1914. A. Mortgage owing to Nelson College. £ s. d. £ s. d. Balance outstanding on 31st December, Balance outstanding on 31st December, 1913 .. .. .. .. 850 0 0 | 1914 .. .. .. .. 1,950 0 0 Mortgage investment, 1914 .. .. 1,100 0 0 i £1,950 0 0 £1,950 0 0 B. Mortgages owing by Nelson College. £ s. d. £ s. d. Amount outstanding on mortgage at 31st Amount outstanding on mortgage at 31st Deoember, 1913 .. .. .. 10,000 0 0 December, 1914 .. .. .. 10,000 0 0 £10,000 0 0 £10,000 0 0 R. Catley, Secretary. Examined and found correct, except that there is no authority of law for the grant of £15 to the Nelsonian. —R. J. Collins, Controller and Auditor-General. Statement of Monetary Assets and Liabilities of Nelson College at 31st December, 1914. Assets. £ s d. Liabilities. £ s. d. Mortgage securities .. .. .. 1,950 0 0 Mortgage on oollege .. .. .. 10,000 0 0 Rents due .. .. .. 127 10 0 Governors' fees .. .. .. 100 0 0 Interest duo .. .. .. ~ 33 0 0 Fees due .. .. .. .. 486 8 8 Capitation, free pupils— Boys' Colloge .. .. .. 645 16 8 Girls' College .. .. .. 570 16 8 Advanoes to boarders .. .. .. 181 4 0 „ arrears .. 18 17 9 Cash in bank .. .. .. .. 132 17 9 Cash on fixed deposit .. .. .. 3,000 0 0 Cash on deposit, Post Office Savings-bank 1,000 0 0 £8,146 11 6 £10,100 0 0 R. Catley, Secretary.

GREYMOUTH HIGH SCHOOL. Geneeal Statement of Accounts foe the Yeae ended 31st Decembeb, 1914. Receipts. £ s. d. Expenditure. £ s. d. Balance, 31st Docember, 1913 .. .. 1,888 13 3 Secretary's salary .. .. .. 10 0 0 Reserves revenue, Treasury .. .. 58 10 0 Audit and Bank oharges .. .. 13 4 Interest .. .. .. .. 95 10 5 Grant—Grey Education Board .. .. 142 16 8 Balanoe, 31st December, 1914 .. .. 1,888 13 8 £2,042 13 8 £2,042 13 8 Statement of Monetary Assets and Liabilities. delete. £ s. d. Liabilitee. National Bank .. .. .. .. 0 3 1 Post Office Savings-bank .. .. 188 10 7 Grey Borough debentures .. .. 1,700 0 0 Nil. £1,888 13 8 W. R. Kettle, Chairman. P. F. Daniel, Secretary.