E.—7.

Library. —Towards tie close of the year the newly appointed Librarian, Mr. John Harris, returned from England, where he had taken a course of training in the School of Librarianship, University of London. In an endeavour to provide reasonable facilities the Council has added to the library two small lecture-rooms, and a professors' private room, but the result may be regarded only as a temporary expedient. The library accommodation is not yet sufficient to allow of our receiving the gift of books offered by the Carnegie Corporation, whilst the loss of the lecture-rooms is causing difficulty in providing space for all classes. The Council feels strongly, therefore, that a new library building is urgently needed, and it trusts that means will be found during the current year for meeting this requirement. Benefactions. —The Council received during the past year a generous bequest from Dr. Daniel Colquhoun, Emeritus Professor of Medicine, who died early in the year. The bequest of £8,000 was to be invested and the income applied partly for general purposes, partly for the Medical library, and partly for the museum. Other benefactions include a gift of £500 from Mrs. Mickle, of Christchurch, for the endowment of a scholarship in Medicine, a gift of £157 10s. from the New Zealand Branch of the British Medical Association to the Sir Lindo Ferguson Fund, for assistance to the Medical School, and a gift of £106 from former students of Dr. Colquhoun for the establishment of a memorial to their former teacher. Training College.—The Council desires to record its appreciation of the action of the Government in re-establishing teacher-training in the four chief centres of New Zealand. This step, in the Council's opinion, will be of marked benefit to the educational system of the Dominion.

STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER, 1935. ARTS AND GENERAL ACCOUNT. Statement of Receipts and Payments. Receipts. Payments. £ s. d. £ s. d. £ s. d. £ s. d. Balance on Ist January, 1935 .. . 2,184 1 8 Salaries (including superannuation Government grants— contributions and unemployment Annual . . . . .. 5,009 19 3 tax) — On account of national endowment 2,284 18 10 Professors, lecturers, &c. .. 18,992 2 1 On account of Sir George Grey Cleaning and caretaking . . 999 15 1 Scholarship . . .. . . 50 0 0 Office .. .. .. 1,674 3 8 On account of chemistry laboratory 6 6 0 Library . . .. .. 544 14 5 7,351 4 1 22,210 15 3 University of New Zealand—On ac- Printing, advertising, and stationery . . . . 592 7 1 count of national endowment . . . . 991 710 Telephones, postages, &c. . . ' . . . . 166 6 6 Donations— Insurance .. . . .. . . . . 128 6 4 Presbyterian Church Board .. 2,400 0 0 Water .. .. .. ... .. 43 5 7 Trustees Executors Co., Ltd.—On Power . . . . . . . . 81 15 5 account of music . . .. 550 0 0 Lighting .. .. . . . . . . 212 9 3 Sundry donations . . .. 5 5 0 Heating .. .. .. . . . 450 jq jo 2,955 5 0 Travelling-expenses . . .. .. .. 60 16 8 Bent — Material— £ s. cL Pastoral reserves— Physics .. .. .. 139 4 9 Arts .. .. .. 2,193 13 0 Biology .. .. 74 8 4 Law . . . . .. 58 7 2 Chemistry .. .. . . 389 5 7 Castle Street .. . . . . 450 10 4 Botany .'. .. . . .. 1 12 3 Professors' houses . . . . 374 12 6 Geology.. .. .. . . 6 18 Education Board .. . . 0 5 0 General .. .. .. 10 17 8 King Street property .. .. 40 0 1 (521 10 3 Sundries .. .. .. 22 0 6 Equipment and apparatus— 3,139 8 7 Physics.. .. .. .. 296 9 9 Fees for chemical analysis .. .. .. 22 11 6 Biology .. .. 185 9 3 Students' fees .. .. .. .. 11,343 10 7 Chemistry .. .. .. 35 711 Interest on investments .. .. .. 1,796 12 3 Botany.'. .. .. .. 57 14 7 Calendar sales .. .. .. .. 9 9 2 Geology.. .. .. .. 52 11 11 Sale of notes, &c. .. .. .. .. 710 0 Psychology .. .. .. 133 5 5 Sundry receipts, including Government subsidies on General .. .. . . 123 0 5 work in grounds, &c. .. .. .. 648 8 11 883 19 3 Transfer from Beverly Trust Account—Salaries .. 789 8 9 Pees paid to lecturer on account of chemical analysis 15 6 0 Students' Association Account—Salary . . . . 134 11 5 Furniture . . .. .. , . ' 151 5 g Transfer from Hocken Library Account—Salary .. 92 12 3 Library .. . . . . .. 790 g jq Transfer from sundry accounts for ad- Buildings—Stoker and boiler, &c. . . .. 373 10 3 ministration— £ s. d. Repairs and maintenance of buildings .. .. 1,654 14 6 Dental .. . . .. .. 169 19 0 Cleaning materials and expenses .. .. 43 11 1 Medical .. .. .. 465 311 Fees paid to professors and lecturers and Students' Mining .. .. .. .. 48 7 8 Association .. . . .. ~ 632 15 9 Museum . . .. 20 0 0 Interest on University debentures .. .. 297 10 0 Home science . . . . .. 117 17 0 Pees refunded to students .. .. . . 187 8 6 Studholme House (two years) .. 150 0 0 Miscellaneous expenses— £ s. d. Studholme House Account—lnsurance I 7 5 Audit . . .. .. .. 83 5 0 972 15 0 Law-costs .. .. .. 83 2 1 Transfer from Hocken Bequest Account .. 154 4 11 166 7 1 Pees for vocational-guidance test, less paid to Rates .. .. .. .. ~ 46 9 8 assistant .. .. . . .. .. 514 0 Government subsidy on account of work Dr. cash balance at 31st December, 1935 .. 36 19 11 in grounds (paid to 0.U.5.A.) . . 142 6 0 O.U.S.A. proportion cost of tennis-courts 44 0 0 186 6 0 Other expenses .. .. . . ~ 55$ 4 q Bank of New Zealand commissions and bank charge 14 1 7 Sir George Grey Scholarship .. .. .. 50 0 0 Transfer to Mining School for adjustment of account wrongly debited . . .. .. .. 9 16 6 Balance at 31st December, 1935, on fixed deposit .. 2,000 0 0 £32,635 15 10 £32,635 15 10

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