4

H.—IB

Enclosure 2 in No. 1. ABSTRACT of ACCOUNTS of the UNIVERSITY of OTAGO for the Year ending 31st March, 1877.

No. 2. The Chancellor to His Excellency the Governor. Mt Lord, — University of Otago, 30th April, 1878. In compliance with the Otago University Ordinance, I have the honor to transmit to your Excellency the following report of the proceedings of the University of Otago for the year ending 31st March, 1878 :— The session opened on the Ist May, with a larger number of students than that of the previous year, which will be seen by the following statement.-— 1876. 1877. Number of students ... ... ... ... ... 55 76 Of whom matriculated ... ... ... ... ... 8 9 Numbers attending the several Classes. English language and literature ... ... ... ... 4 11 Latin ... ... ... ... ... ... ... 17 18 Greek ... ... Mathematics and natural philosophy ... ... ... ... 24 36 Mental and moral philosophy ... ... ... ... 9 13 Chemistry ... ... ... ... ... ... 10 11 Mineralogy ... ... ... ... ... 3 Anatomy ... ■ ... ... ... ... ... ... 1 Geology ... ... ... ... ... ... ... 4 4 Botany ... ... ... ... ... ... ... ... 1 Law ... ... ... ... ... ... ... 10 10 French ... ... ... ... ... ... ... 7 German ... ... ... ... ... ... ... 8 7 Total ... ... ... ... ... 94 114 Mr. P. S. Hay, a Bachelor of Arts under the old regulations of this University, who placed himself under the new regulations of the University of New Zealand, and gained first-class honors under those regulations, has had the diploma of the degree of Master of Arts conferred on him by the Senate, being the first M.A. degree conferred by the University. At the examination for the B.A. degree, five of our undergraduates took the first section of tho subjects of examination, all of whom were successful. The office of Vice-Chancellor having become vacant during the year by the expiration of tenure, the Rev. D. M. Stuart, D.D., was unanimously re-elected.

Receipts. £ s. d. Balance in Bank on 31st March, 1876 ... 1,072 2 11 1.—Endowments — Rent of Runs, Benmore ... ... 967 13 10 „ „ Burwood and Mararoa... 1,300 0 0 „ „ Barewood ... ... 500 0 0 „ „ Forest Hill ... ... 343 15 0 „ Building, basement floor ... 250 0 0 „ „ sundrv offices ... 150 0 0 Church Trustees ... ... ... 600 0 0 2.—FeesMatriculation ... ... ... 880 College ... ... • ... ... 55 13 0 Class 311 17 0 Analysis ... 16 16 0 3.—Provincial Government on account of Laboratory ... ... ... 110 0 0 4.—Interest — On Debenture ... ... ... 6 0 0 „ Deposits ... ... ... 43 19 8 5—Incidental ... ... ... ... 18 0 0 Expenditure. £ s. d. 1.—Salaries and Allowances— Professors — Classics ... ... ... 600 0 0 Mathematics and Natural Philosophy 600 0 0 Chemistry and Mineralogy ... 600 0 0 Mental Science ... ... ... 600 0 0 Anatomy ... ... ... 437 10 0 Natural Science ... ... ... 100 0 0 Lecturers — Geology ... ... ... 83 6 8 Law " ... ... ... 50 0 0 French ... ... ... 50 0 0 Clinical Medicine ... ... 33 6 8 Fees— University of New Zealand ... 880 Professors and Lecturers ... ... 303 9 0 Local Analyst ... ... ... 11 4 0 Registrar ... ... ... ... 200 0 0 Janitor ... ... ... ... 50 0 0 Porter (Dissecting-room) ... ... 27 0 0 2. —Investments ... ...' ... 600 0 0 3.—Fittings, furniture, and repairs ... 146 17 11 4.—Chemicals and instruments ... ... 152 11 6 5. —New University Site— Plans and sections ... ... ... 93 4 9 6. —Incidental Expenses— Insurance, £35 ; city rates, £4-0 ... 75 0 0 Gas, water, and fuel ... ... 128 12 1 Printing, advertising, and stationery ... 54 8 9 Bookbinding ... ... ... 4 6 0 Law, £46 Is. 4d.; freight, £6 18s. 7d. 52 19 11 Sundries ... ... ... ... 33 14 9 Balance in Bank ... ... ... 658 5 5 £5,754 5 5 £5,754 5 5 I have examined the above abstract, and hav( pass book, and the vouchers for payments, and I de ; compared it with the Registrar's books, the bank :clare it to be correct. H. Livingston, Auditor.