E.~ 7

24

Balance-sheet as on 31st December, 1921. Liabilities. £ s. d. Assets. £ s. d. Capital Account — Debentures and inscribed stock . . 53,828 14 0 Sales of property .. .. .. 3,801 14 9 Companies'shares .. .. .. 2,500 0 0 Dunedin Savings-bank .. .. 6,500 0 0 Cash on deposit .. .. .. 400 0 0 Glendining gift .. .. .. 16,475 10 1 Sundry dobtors — Harris Endowment.. .. .. 2,100 0 0 Assay fees overpaid .. .. 910 3 Benmore Exchange . , . . 255 0 0 Bacteriology fees duo .. .. 146 13 2 Subscribed fund .. ~ .. 2,249 0 0 Pathology fees due.. .. .. 04 5 0 Lothian bequest .. . . . . 000 0 0 Interest due .. . . .. 5 5 0 Moritzson gift .. . . . . 222 3 0 Studholmc House —Payments due . . 244 2 11 Donald Reid bequest .. .. 5,473 10 2 Students' fees due . . .. .. 00 0-0 I'lthnology gift .. .. .. 4,500 0 0 Rents due Sir John Roberts Endowment . . 2,020 0 0 Otago reserves .. .. .. 3,993 2 0 The Dean's Fund .. .. .. 2,116 1 4 Southland reserves .. .. 101 18 9 Dr. Barnett's Fund .. .. 2,000 0 0 Castle Street reserves .. .. 0 10 0 Mrs. Oliver bequest .. .. 2,006 17 0 Education Board .. .. .. 0 5 0 Government grant .. .. .. 6,500 0 0 Professors' houses .. .. .. 75 0 0 Unexpended balances of special accounts — Government grants due .. .. 2,976 18 9 Chamber of Commerce Prize Fund .. 10 11 9 Arts and General Account —Debit balance 1,870 7 0 Chemistry Apparatus Fund .. . . 29 5 1 Bacteriological Special Account .. 526 6 1 Pathological Special Account . . 128 8 5 Hoekon Library Account .. . . 413 1 8 Hookon Library Books Committee .. 710 5 Grant from Dunedin Hospital, stall' .. 750 0 0 Physiology Research Fund .. .. 101 16 5 Workers' Educational Association Account .. .. .. 300 16 10 British Medical Association grant . . 52. 11 11 Medical bursary grant .. . . 483 3 0 Dental bursary grant .. .. 8 8 0 Income Accounts at credit— Moritzson Account .. . . 20 16 1 Ethnology Account .. .. 66 11 4 Dr. Barnett Fund .. .. .. 100 16 3 Sir John Roberts Endowment .. 61 15 6 Sundry creditors— Fees due to professors, &c. .. .. 556 6 9 Income-tax Dopartmont, on account of Professor Sale .. ... .. 13 2 6 King Street rents due to Government 64 15 8 Bank of New Zealand overdraft .. 3,135 4 0 Home Science School—Credit balance . . 2,637 14 4 £66,288 18 4 £66,288 18 4 Memo. —Tho University owes £7,000 debciituro debt.

¥. REPORT OP THE C3\NTERBURY AGRICULTURAL COLLEGE (LINCOLN), 1921. Board of Governors. Visitor. —His Excellency tho Governor-General. Appointed by His Exoolleney the Governor-General—Dr. Clias. Chilton. Elected by membors of tho Legislature—H. A. Knight, Esq. (Chairman) ; Hon. D. Buddo ; and R. W. Loohhead, Esq. Eleoted by governing bodies of agricultural and pastoral associations—John Deans, Esq.; Thos. Blaekley, Esq.; and B. E. H. Tripp, Esq. Staff. Director. —R. E. Alexander. Lecturer on Veterinary Science. —A. Taylor, M.A., F.B.C.V.S. Lecturer on Biology. —P. W. Hilgondorf, M.A., D.Sc. Lecturer on Chemistry. —W. C. Purdie, B.Sc. Lecturer on Applied Mathematics, die. —F, G. Thomas. report of the director (abridged). Sir, — I have the honour, by direction of the Board of Governors, to submit the following report on the work of the institution for the year 1921, and in pursuance of the Canterbury College and Canterbury Agricultural College Act, 1896 : — Fifty-three students were enrolled in 1921, and the number in residence during the whole year was up to the full limit of accommodation. Of these, six were holders of agricultural bursaries under the Department of Education, two were holders of Kitchener Scholarships, and nine wore returned soldiers. Ten students entered for various subjects set for the degree ; one student completed his degree course at Canterbury College, and four others completed, in all but one or two subjects. The, work of tho students both in class and farm work was satisfactory, and competition for prizes was very keen. Sixteen students left the College during the year, of whom four had been in residence for one year, three for two years, and nine had completed the full course. Of the latter, six satisfied the examiners and were awarded the diploma of the College. Mr. L. ,1. Wild resigned his position as Lecturer in Chemistry, and Mr. W. C. Purdie, B.Sc, an ex-student of the College, was appointed to the vacancy.