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SIR ROBERT STOUT SCHOLARSHIP. Dr. £ s. d. Cr. £ s. d. Donation—Sir Robert Stout .. .. .. 200 0 0 Balance—Christchurch City debentures .. .. 400 0 0 Government subsidy .. .. .. .. 200 0 0 £400 0 0 £400 0 0 LADY STOUT BURSARY. Dr. £ s. d. Or. £ s. d. Donation -Lady Stout .. .. .. .. 50 0 0 , Balance —Christchurch City debentures .. .. 100 0 0 Government subsidy .. .. .. 50 0 0 £100 0 0 j £100 0 0 FRESHWATER FISH FELLOWSHIP. Receipts and Payments Account. Receipts. £ s. d. I Payments. £ s. d. Balance forward .. .. .. .. 400 0 0 ! Expended on salary of Follow .. .. 125 0 0 Advertisement, travelling-expenses, and material .. 32 16 4 ! Balance at Bank of New Zealand—General Account.. 242 3 8 £400 0 0 j £400 0 0 Income and Expenditure Account. Expenditure. £ s. d. \ Income. £ s. d. Salary of Fellow .. .. .. .. 125 0 0 S Balance .. .. .. .. .. 157.16 4 Advertising, travelling-expenses, and material .. 32 16 4 £157 16 4 £157 16 4 Balance-sheet. Liabilities. £ s. d. £ s. d. Assets. £ s. d. Balance forward . . .. .. 400 0 0 In Bank of New Zealand —General Account .. 242 3 8 Less balance Income and Expenditure Account.. .. . . .. 157 16 4 242 3 8 £242 3 8 j £242 3 8 CARNEGIE GRANT FOR WORKERS' EDUCATIONAL ASSOCIATION LIBRARIES. Receipts and Payments Account. Receipts. £ s. d. Payments. £. s. d. Payment by New Zealand University .. .. *508 15 10 Balance— Wellington City debentures .. .. .. 200 0 0 Post Office Savings-bank .. .. .. 308 15 10 £508 15 10 £508 15 10 * £254 7s. lid. represents Government subsidy. ATHOL HUDSON RESEARCH FUND. Receipts and Payments Account. Receipts. £ s. d. Payments. £ s d. Balance forward, i .. .. .. 92 110 Balance, Post Office Savings-bank .. .. 95 15 5 Interest .. .. .. .. 3 13 7 £95 15 5 £95 15 5 Income and Expenditure Account. Expenditure. £ s. d. Income. £ s. d. Balance .. .. ' .. .. ... 3137 Interest .. .. .. .. .. £3 13 7 Balance-sheet. .................4i Liabilities. £ s. d Assets. £ s. d. Balance, 31st December, 1926 . . .. .. 92 110 Cash at Post Office Savings-bank .. . . .. 95 15 6 Balance of Income and Expenditure Account .. 3 13 7 £95 15 5 £95 15 5

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