E.—7.

Statement No. 2. Liabilities. £ a. d. I Assets. Endowment sales .. .. .. .. 10,534 12 7 i Endowment sales investment— £ s. d. £ s. d. Endowment royalties.. .. .. .. 093 15 4 Auckland City Council debentures, General Endowment Fund .. .. .. 7,461 2 9 5 per cent. .. .. .. 10,200 0 0 Engineering Building Reserve Fund .. .. 1,449 15 10 Auckland Electric Power Board Depreciation and Endowment Fund .. .. 7,260 0 0 debentures, 5J per cent. .. ."!()() O 0 Mennie Bequest —School of Commerce .. .. 1,300 0 0 Fixed deposit, Bank of New ZeaBuilding Fund .. .. .. .. 50 11 3 land .. .. .. 34 12 7 Student Building Fund .. .. .. 101 6 3 10,534 1.2 7 Student Furniture Fund .. .. .. 81 10 8 Endowment royalty investment— Student fees in advance .. .. .. 128 14 6 Auckland City Council debentures, Land-utilization research grant .. .. 211 14 4 5 J per cent. .. .. .. 200 0 0 School of Engineering—Test fees suspense .. 7 8 9 Waitemata County Council debenPrizes— £ s. d. tures, 6 per cent. .. .. 100 0 0 Allum Prize .. .. .. 012 10 Northcote Borough Council debenJournalism Prize .. .. 10 5 0 tures, 6 per cent. .. .. 400 0 0 Forestry Prize .. .. .. 10 0 0 New Zealand Government debenAuckland Brick - manufacturers' tures, 5 J per cent. .. .. 200 0 0 Scholarship .. .. .. 75 0 0 Auckland Savings-bank .. 93 15 4 95 17 10 993 15 4 General Endowment Fund invest--29,668 13 8 ment— Revenue funds .. .. .. .. 806 3 11 Auckland City Council debentures, 5| per cent. .. .. ~ 3,400 0 0 Mount Eden Borough Council debentures, 5-J per cent... .. 1,300 0 0 Mount Eden Borough Council detures, 5| per cent. .. .. 500 0 0 Wbangarei Borough Council debentures, 5J per cent. .. .. 1,000 0 0 New Zealand Government debentures, 5J per cent. .. .. 200 0 0 Mount Albert Borough Council debentures, 5f per cent. .. 1,000 0 0 Auckland Savings-bank .. .. 612 9 7,461 2 9 Engineering Building Reserve investment— Auckland City Council debentures, 5| per cent. .. .. .. 1,200 0 0 New Zealand Government debentures, 5 J per cent. .. .. 200 0 0 Auckland Savings-bank .. 49 15 10 1,449 15 10 Depreciation and Endowment Fund investment— Buckland property .. .. 1,735 0 0 Mortgage, 6J per cent. .. .. 425 0 0 Auckland City Council debentures, ;-■: 5J percent... .. .. 2,000 0 0 Ellerslie Town Board debentures, '■'' 6 per cent. .. .. .. 1,000 0 0 Mount Eden Borough Council debentures,. 5J per cent. .. 100 0 0 Mount Eden Borough Council debentures, 5f per cent. .. 2,000 0 0 7,260 0 0 Mennie Bequest (School of Commerce) investment— New Zealand Government debentures, 5| per cent. .. .. 1,000 0 0 Auckland City Council debentures, 5J per cent. .. .. .. 300 0 0 — 1,300 0 0 Building Fund investment —Auckland Savings-bank .. .. .. 50 11 3 Student Building Fund investment —Auckland Savings-bank .. .. 101 6 3 Sundry debtors — Endowment rent— Accrued .. .. .. 66 5 9 Arrears .. .. .. 227 13 9 293 19 6 Depreciation and Endowment Fund interest— Cathcart .. .. .. 25 0 0 Gavin .. .. .. 6 18 2 31 18 2 Student fees— Sundry .. .. .. 40 0 0 Training College .. .. 145 19 0 186 5 0 Revenue investment, Post Office Savings-bank .. .. .. 3 0 0 Land - utilization research grant— Bank of New Zealand .. .. .. 211 14 4 Cash at Bank of New Zealand .. 1,004 2 4 Cheque in hand .. .. .. 28 19 9 1,033 2 ] Less unpresented cheques .. 39 0 11 994 1 2 Post Office Savings-bank .. .. 107 4 10 1,101 6 0 Less School of Forestry Funds, £68 4s. 7d. ; Medical Library Funds, £216 14s. Id. ; Landutilization research grant, £211 14s. 4d. .. .. .. 496 13 0 604 13 0 £30,482 14 0 £30,482 14 0

2—E. 7.

9