E.—7

32

Income and Expenditure Account. Expenditure. £ s. d. Income. £ s. cl. Salaries— Interest on debentures .. .. .. 1,100 0 0 Professor .. .. .. .. .. 929 3 4 Balance .. .. .. .. .. 925 5 9 Assistants . . .. .. .. .. 300 0 0 Apparatus and chemicals .. .. .. 578 510 Library .. .. .. .. 165 0 9 Travelling-expenses . . .. .. .. 44 710 Stationery .. .. .. .. .. 246 Bank charges .. .. . . .. 6 0 0 Bank interest .. .. .. .. 0 3 6 £2,025 5 9 £2,025 5 9 Balance-sheet. Inabilities. £ s. d. Assets. £ s. d. Balance, 31st December. 1926 .. .. .. 20,906 9 5 Cash at Bank of New Zealand—Buchanan Account 41 3 8 Less balance, Income and Expenditure Account 925 5 9 Wellington City debentures .. .. .. 20,000 0 0 £20,041 3 8 £20,041 3 8 MARINE OBSERVATORY FUND. Receipts and Payments Account. Receipts. £ s. d. Payments. £ s. d. Balance forward .. .. .. .. 361 2 6 Balance in Post Office Savings-bank .. .. 373 18 10 Interest .. .. .. .. 12 16 4 £373 18 10 £373 18 10 Income and Expenditure Account. Expenditure. • £ s. d. . Income. £ s. d. Balance .. .. .. .. 12 16 4 interest .. .. .. .. 12 16 4 Balance-sheet. Liabilities. £ s. d. | Assets. £ s. d. Balance, 31st December, 1926 .. .. .. 361 2 6 Cash at Post Office Savings-bank .. .. .. 373 18 10 Balance of Income and Expenditure Account .. 12 16 4 £373 18 10 £373 18 10 T. MACARTHY ACCOUNT. Receipts and Payments Account. Receipts. £ s. d. Payments. Balance forward . .. .. .. 10,000 0 0 £ s. d. £ s. d. lntorest . .. .. •• - •■ • r )4'7 10 0 Transferred to General Account .. .. 547 10 0 Balance — Inscribed stock.. .. .. 499 8 8 Wellington City debentures .. 9,500 0 0 In Bank of New Zealand —GeneraJ Account .. .. .. 0 II 4 10,000 0 0 £10,547 10 0 £10,547 10 0 Income and Expenditure Account. Expenditure. £ s. d. Income. £ s. d. Transferred to Gonoral Account .. 547 10 0 Interest on debentures .. .. .. .. 547 10 0 Balance-sheet. Liabilities. £ s. d. I Assets. £ s. d. Balance, 31st Decembor, 1926 .. .. .. 10,000 0 0 Wellington City debentures .. .. .. 10,000 0 0