EJ.—7

ARTS AND GENERAL ACCOUNT—continued. Statement of Income and Expenditure. Expenditure. Income. £ s. d. £ s. cl. £ a. d. £ s. d. Balanoe on Ist January, 1938 .. .. .. 1,949 12 5 Government grants — Salarios—• Under New Zealand University Professors, Lecturers, &c. .. 25,509 17 1 Amendment Act, 1928: StatuOleaning and caretaking •• 1,099 3 8 tory .. .. 12,845 0 0 Office .. .. .. 2,137 0 0 On account of — Library .. .. .. 1,144 5 0 National endowment .. .. 2,422 0 0 . 29,890 5 9 Leith Wall .. .. .. 5,469 4 8 Printing, advertising, and stationery .. .. 620 18 3 Sundry bursaries and scholarTelephones, postages, and exchanges .. .. 189 10 2 ships .. .. .. 1,655 0 0 Insurance • . • • • • • • • • 244 17 2 Wool research : Salary, alteraWater .. .. . . .. .. 82 3 0 tions, light, chemicals, &c. .. 400 0 0 Power .. .. .. .. .. 137 1 6 — 22,791 4 8 Lighting .. . . • . ■ • . . 251. 7 5 University of New Zealand grant .. .. 959 16 9 Heating .. .. .. .. .. 479 13 2 Donations — Travelling-expenses . • .. .. . . 71 19 6 Arts Faculty for shrubs . . 10 0 0 Repairs and maintenance of buildings .. .. 743 3 5 Presbyterian Church Board .. 2,400 0 0 Cleaning materials and expenses .. . . 78 17 9 2 410 0 0 Miscellaneous expenses.. .. .. .. 568 210 Rent of reserves: Allocation on Bank of Nev<' Zealand for commission . . .. 10 17 2 account of —■ Fees to Professors, Lecturers, and Students' Associa- Arts and Science .. .. 1,834 12 2 tion .. .. .. .. .. 1,019 16 3 Law .. .. .. .. 48 15 8 Interest on University debentures .. .. 200 0 0 Castle Street .. .. . . 420 0 0 Audit fee . . .. . . . . . . 93 12 0 Education Board .. . . 0 6 0 Payment to Sir George Grey scholar and sundry Professors' houses . . .. 343 2 6 bursars .. .. .. .. .. 1,655 0 0 King Street props rty .. .. 74 10 10 Law-costs .. . . . . . . . . 19 10 0 Sundries .. . . .. 5 0 0 Rates .. .. .. .. .. 65 4 0 —. 2,726 7 2 Architects'and engineers'fees .. .. .. 112 12 3 Students'fees .. .. .. .. 12,398 22 Material — £ s. d. Calendar sales . . .. .. ~ 10 14 6 Geology . . . . .. 20 14 7 Sale of instruments and notes .. .. .. 37 18 9 Chemistry .. .. .. 663 9 4 Interest on investments .. .. 1,719 5 tj Botany . . . . . . 27 15 10 Sundry receipts . . .. .. .. 204 19 8 Physics .. .. .. 94 ! I Sundry receipts on account of chemistry deposits. . 141 10 0 Biology . . . . . . 140 17 I Rent allowance and salary allowance from Students' Arts: General .. .. II 5 9 Association.. .. .. .. .. 115 19 0 958 3 8 Chemical-analysis fees •• •• .. .. 7 10 6 Sundry transfers to capital— Grant from Beverly Account for salaries .. .. 800 0 0 Appropriation for — Grant from Trustees Co. for salary .. .. 600 0 0 liquipment—- Income from Colquhoun Bequest .. .. 79 6 5 Chemistry .. .. 201 2 7 Grant from Hocken Library for salary .. .. 100 0 0 Physics . . .. .. 335 5 6 Grant from Hocken Bequest Income Account .. 152 0 0 Biology .. . . .. 231 110 Transfer from sundry accounts for administration Botany .. .. .. 62 12 6 and library salaries '.. .. .. .. 1,088 8 5 Geology . . .. .. 14.2 8 2 Transfer from Home Science Hostel for administraEducation.. .. .. 94 19 11 tion .. .. .. .. .. 75 0 0 General . . .. .. 252 17 10 Transfer from Home Soience Extension for heat and 1.320 8 4 light .. .. .. .. .. 5 0 0 Buildings .. .. .. .. 240 1 3 Balance at 31st December, 1938 .. .. 1,116 0 6 Library .. .. .. .. .. 842 16 3 Furniture .. .. . . .. 177 3 2 Site : On account of— Leith Wall .. .. 5,469 4 8 Ground .. .. .. 40 7 8 5,509 12 4 Unauthorized expenditure : Wreaths &c. .. 6 15 0 £47,539 4 0 £47,539 4 0 Balance-sheet as at 31st December, 1938. Liabilities. Assets. Capital Account — £ s. d. £ s. d. £ ,[. Amount at 31st December, 1937 844,626 14 1 Endowment lands .. . . .. . . 139 064 0 0 Less total donations and sub- University site and protective wall .. .. 38,922 1 2 sidies on capital to 31st University buildings .. . . . . ~ 345 702 15 8 December, 1937 .. .. 208,821 1 10 Equipment— £ s. d. Arts and General .. . . 11,420 2 7 635,805 12 3 Medical .. .. .. 13,434 11 10 Add accretion to capital on Dental, Home - science, Mining, maturity of debentures .. 33 15 0 Museum (including exhibits), 635,839 -7 3 Home-science Extension . . 58,235 7 8 Total donations in Capital Ac- . ~~ 83,090 2 I count to 31st December, 1937 140,169 4 8 Office equipment .. .. . . 675 0 0 Donations received in 1938 .. 2,466 4 8 Furniture .. .. 8,684 3 3 142 635 9 4 Llbrar y (including Hocken) .. .. 35,140 0 8 "' Laboratory material . . . . .. 4,456 0 0 Total subsidies in Capital Ac- Investments— count to 31st December, 1938 .. 68,651 17 2 Debentures and inscribed stock 200,612 1 2 Transfer from Income and Ex- Shares in sundry companies and penditure Account— in Bank of New Zealand .. 2,576 0 0 Mary Glendining . . .. 100 0 0 Deposits in Post Office and Donald Reid .. .. 493 9 0 Dunedin Savings-Bank .. 1,570 14 6 Sir J. Roberts .. .. 10 0 0 Loans 011 mortgage .. .. 7,800 0 0 Sir Lindo Ferguson's Fund .. 177 15 I 212 558 15 8

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