E.—7

Accommodation.-—I regret that it is again necessary for me to draw attention to the need for additional accommodation. The most pressing needs are a new library building and a new department of zoology. A new Home-science Hostel is also urgently required. The Council sincerely trusts that the Government may see its way in the near future to provide for these very essential buildings. The Dean of the Home Science Faculty toured New Zealand during the year drawing public attention to the needs of the Home-science School. By this and other means the sum of approximately £2,000 is now in hand towards the cost of a new hostel. As a temporary measure, pending the erection of a new hostel, the buildings previously used for the St. Helens Maternity Hospital have been adapted as an extension of Studholme House. I wish to thank the Government for its generosity in making this building available for the purpose referred to. Finance. — I wish to thank the Government for the increased annual grant made available during the past year in accordance with the live years' scheme submitted by the Conference of Colleges, and J. sincerely trust that the scheme will be followed for the unexpired portion of that period. As a result of this increased provision the staffing of the various departments has been substantially improved. I regret to report, however, that the Council is faced with a loss in its revenue from pastoral reserves. The tenants of the Council's property at Benmore all made application to the Commission established under the Tenants and Lessees Rehabilitation Act for a reduction in their rents. As a result of the Commission's findings the annual rent of Benmore, which in 1916 £5,520, is now reduced to £2,456.

STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31st DECEMBER, 1938. Statement of Receipts and Payments. ARTS AND GENERAL ACCOUNT. Receipts. Payments. £ s. d. Government grants— £ s. d. £ s. d. Balance on Ist January, 1938 .. .. .. 2,499 711 Under New Zealand University Salaries (including superannuation Amendment Act, 1928 .'. 12,845 0 0 contributions and unemployOn account of—■*. ment tax) — £ s. d. National endowment .. 2,422 0 0 Professors, Lecturers, &c. .. 25,509 17 I Sir George Grey Scholarship Cleaning and caretaking .. 1,099 3 8 and sundry bursaries .. 1,655 0 0 Office .. .. .. 2,137 0 0 Leith Wall .. .. 5,469 4 8 Library .. .. .. 1,144 5 0 Wool research .. .. 400 0 0 29,890 5 9 22,791 4 8 Printing, advertising, and stationery .. .. 679 17 0 University of New Zealand : On account of Telephones, postages, &c. .. .. •• 189 10 2 national endowment .. .. .. 959 16 9 Insurance .. .. .. . . .. 244 17 2 Donations — £ s. d. Water .. .. . . . . .. 82 3 0 Presbyterian Church Board .. 2,400 0 0 Power .. .. .. .. .. 137 I 6 Trustees Executors Co.: On Lighting .. .. .. .. .. 251 7 5 account of music .. .. 600 0 0 Heating . . .. .. .. .. 479 13 2 Arts Faculty for shrubs .. 10 0 0 Travelling-expenses .. .. .. .. 71 19 6 3,010 0 0 Material— £ s. d. Rents— Physics .. .. . . 94 I 1 Pastoral reserves Biology .. .. . • 140 17 1 Arts .. .. .. 1,834 12 2 Chemistry .. .. .. 663 9 4 Law .. .. .. 48 15 8 Botany .. .. .. 27 15 10 Castle Street .. .. 464 4 0 Geology .. . . .. 20 14 7 Professors'houses .. .. 355 12 0 General .. .. .. 1.1 5 9 Education Board .. . . 0 6 0 958 3 8King Street property .. ~ 37 16 11 Equipment and apparatus— Sundries .. .. .. 5 0 0 Physics .. .. . . 335 5 6 —.—-— 2,746 6 9 Biology .. .. . . 231 1 10 Students' fees .. .. .. .. 12,569 13 7 Chemistry .. .. .. 201 2 7 Interest on investments .. .. .. 1,722 5 8 Botany .. .. .. 62 12 6 Calendar sales .. .. . . .. 10 14 6 Geology .. . . . . .142 8 2 Sale of notes, &c. .. .. .. . - 37 1.8 9 General .. . . . ■ 347 17 9 Sundry receipts .. .. .. 204 19 8 — 1,320 8 4 Receipts from chemical-analysis .. .. 16 9 0 Leith Wall and grounds .. .. .. 5,509 12 4 Deposits for chemistry apparatus . . .. 141 10 0 Furniture .. .. . • • • ■ • 177 3 2 Transfer from Beverly Trust on account of salaries 800 0 0 Library . . .. ■. .. .. 842 16 3 Students' Association on account of salary, &e. .. 139 16 6 Buildings .. .. .. .. . . 240 1 3 Transfer from Hocken Library on account of salary 100 0 0 Repairs and maintenance of buildings .. .. 743 3 5 Transfer from Hocken Bequest Account.. .. 152 0 0 Cleaning materials and expenses . . .. 78 17 9 Transfer from Colquhoun Bequest Account .. 79 6 5 Fees paid to Professors and Lecturers and O.U.S.A, 1,000 11 3 Transfer from sundry accounts for Interest on University debentures .. . . 200 0 0 administration:— £ s. d. Fees refunded to students . . .. .. 158 10 8 Dental .. .. 194 6 8 Miscellaneous expenses .. .. .. 528 14 1 Medical .. .. .. 620 7 6 Audit .. .. .. . . . . 93 12 0 Mines .. .. .. .. 56 16 0 Architects' and engineers' fees ~ .. .. 112123 Home-science .. .. .. 171 18 3 Rates .. .. .. . ■ •. 65 4 0 Museum .. .. .. 20 0 0 Bank of New Zealand commissions and bank charge 10 17 2 Studholjne Houg? .. .. 75 0 0 Sir George Grey Scholarship and sundry bursaries . * 1,655 0 0 , 1,138 8 5 Unauthorized expenditure .. .. .. 6 15 0 Transfer sundry account for Library salaries .. 25 0 0 Transfer from Home Science Extension Account for light . . .. .. .. .. 5 0 0 Balance at 31st December, 1938 .. .. 1,577 14 6 £48,228 5 2 £48,228 5 2

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