E.—7,

STATEMENT OF ACCOUNTS FOE THE YEAR ENDED 31st DECEMBER, 1938. Statement of Receipts and Payments. Receipts. Payments. £ d. £ s. d. ' £ g, d. £ s. d. Government grants— Balance .. .. .. .. 3,0f,7 3 10 New Zealand School of Agriculture 11,499 18 8 Salaries: Administration .. 8,110 5 4 Entertainment grant .. .. 199 19 8 Farm wages .. .. 3,448 910 11,699 18 4 Maintenance wages .. .. 1,197 16 7 Sundry College receipts— Domestic wages . . . . 1,539 5 I Rents .. .. .. 2,106 6 2 14 295 16 10 Inscribed stock interest— Staff Benefit Fund .. .. .. ' 71 12 1 Wreford Reed .. .. .. 318 3 Student maintenance .. .. .. 1,4.35 210 Osborne . . .. .. 19 11 2 Interest on— Bledisloe Medal .. .. 318 3 Overdraft .. . . .. .. 185 9 27 7 8 Rattray's mortgage .. .. .. 87 10 0 Interest, Mortgage Account .. .. 173 19 10 Travelling-expenses .. 670 10 8 Students'fees .. .. .. .. 3,391 17 6 Rates .. .. .. .. 211 4 3 Short-course fees . . .. .. 80 0 6 Insurance .. .. . . 212 *1 11 F.A.S. fees .. .. .. 807 0 4 Less rebate .. .. .. 31 13 2 Less travelling-expenses.. .. 342 15 6 g p 464 4 10 Laboratory— Board and meals .. .. . . 127 .14 4 Materials .. .. .. .. 326 0 3 Petty easli refund .. .. .. 100 0 0 Equipment .. .. .. .. 149 jo 4 Shell Scholarship Fund . . . . .. 25 0 0 Stationery and advertising .. .. 310 1 9 Dr. Hilgendorf Trust Fund .. .. 105 13 7 Bursaries allowance : Students .. . . 149 14 1 Donations— Books .. .. , . .. .. 36 17 8 General .. . . .. .. 7 2 0 Telephones and postages .. .. 238 5 8 Research . . . . , . .. 65 0 0 Railage and cartage .. . . . . 232 7 6 Sundry farm receipts— Light and power .. . . .. 431 9 3 Sheep ■■ ■■ 2,736 9 9 Legal expenses .. .. .. .. 63 15 3 Cattle . . .. .. 530 8 11 Petty cash .. . . .. . . 100 0 0 Dairy .. . . . . 146 15 3 Entertainment .. . . .. .. 74 19 9 Crops .. .. .. 2,014 11 10 General expenses .. .. .. 249 7 5 Pig B • • ■ • • • 645 16 6 Permanent improvements .. , . 398 8 9 Skins and fats .. .. .. 140 10 6 Audit fee .. .. . . . . 52 6 3 .15 arm trades .. .. . . 59 1 8 Sundry College charges— Wool .. .. .. 70 19 I Furnishings . . . . .. 395 3 5 Eggs •• •• .. .. 218 10 Repairs to building .. .. 226 14 11 Poultry .. . . .. 0 15 8 Library .. . . .. 475 11 fi Stock prizes .. .. .. 51 17 0 Prizes' .. .. 40 7 6 6,400 5 0 Repairs to furniture . . . . 219 6 Balance .. .. .. .. 4,699 13 5 Utensils .. .. .. 80 411 General College expenses .. 22 6 7 £ s. d. Orchards and gardens 94 15 7 Less receipts .. 71 611 23 8 8 1,266 17 0 Sundry farm expenses— Sheep .. .. .. 1,594 1 2 Horses .. .. . . 38 0 0 Cattle .. .. .. 358 15 0 Poultry . . .. .. 13 18 6 Pigs .. .. .. 22 4 6 Fodder . . .. . . 196 3 1 Manures .. .. . . 438 17 I Repairs, plant, and machinery .. 228 4 2 Farm fuel .. .. .. 212 4 5 _ Board and meals .. .. 118 9 2 Sacks and woolpacks .. .. 219 6 1 Saddlery .. . . .. 211 9 3 Seed ' .. .. .. 216 9 I Stud fees .. .. .. 13 5 0 Machinery and replacements .. 71 15 7 Subscriptions to breeding-societies 33 11 3 Workshops .. . . . . 98 14 9 Architect fees.. .. .. 46 19 0 Farm tools .. . . .. 139 8 2 Subterranean clover expenses .. 17 6 6 4,289 1 9 £29,474 3 2 £29,474 3 2

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