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Abstract of the Receipts and Expenditure of the Nelson College for the Year ending 31st December, 1869.

We hereby certify that we have examined the above accounts, and compared them with the several vouchers relating thereto, and find them correct. H. 0. Daniell,) . -~, J. T. Catley, 'tutors.

Estimated Assets and Liabilities of the Nelson College, December, 1869.

Miscellaneous Trusts vested in the Superintendent.

Copy of a Letter from Mr. G. Hodgson, to the Secretary to the Commission. g IR] Superintendent's Office, Nelson, 15th March, 1870. I have the honour to forward herewith a schedule containing the information relative to Public Reserves in this Province, applied for in your letter of the sth instant. I have, &c, P. Wakefield, Esq., Wellington. Geo. Hodgson, Clerk.

Receipts. Expenditure. £ s. d. £ s. d. Interest on Loans —General Endowment.. .. 803 19 11 Interest on Loans—Special Scholarships .. 80 0 0 Boarding Expenses: £ s. d. Pupils as per contract 383 4 0 Boarding Expenses; Masters as per contract 109 10 0 £ s. d. — 883 19 11 Rents from Endowment Property .. 252 3 0 Boarding Receipts: 1st Quarter, Boarders .. 10-. „ „ Day Boarders .. 7 2nd „ Boarders .. .. 11 Day Boarders .. 61 «,„ 6 „ 3rd „ Boarders .. .. 12 f S5a b ° „ „ Day Boarders .. 3 4th „ Boarders .. .. 14 „ „ Day Boarders .. 2/ Tuition Fees: 1st Quarter .. .. 49 Pupils^ 2nd „ .. .. 50 . „„ „ 0 3rd 45 „ f 579 6 0 4th .. .. 50 „ j Books and Stationery .. .. .. 35 2 8 Amount to debit on 31st December, 1869 .. 139 16 5 Masters' Salaries and Fees Books and Stationery Repairs and Upkeep of College General and Incidental: Insuranoe .. .. 59 10 0 Audit Expenses .. 7 16 0 Interest on Mortgage 31 5 5 Advertising, &c. .. 28 18 8 Secretary .. .. 125 0 0 Sundries, Stamps, Rates, Office Rent, &o. .. 59 0 0 492 14 O 995 10 0 40 10 4 133 0 S Foundation Scholarships Endowed Scholarships Exhibitions Amount standing to debit at oommencement of year Cash in hand 311 10 1 52 10 0 97 10 0 68 15 "0 256 15 7 0 2 0 £2,448 17 6 £2,448 17 6

A8SETS. Liabilities. £ s. d. Loans on Mortgage : General Endowment .. 8,806 0 0 Balance in Bank to credit of Loan Fund .. .. 60 0 0 £ s. d. £ a. d. Loan from Trustees of Trust Funds .. 2,000 0 0 Provincial Government Account of Drainage 135 0 0 Outstanding Accounts .. .. .. 214 13 7 Amount Overdrawn at end of year .. 139 16 5 Suspense Aocount:— 8,866 0 0 Loans on Mortgage : Endowed Scholarships .. 700 0 0 Balance in Bank to oredit of ditto .. .. 100 0 0 £ s. d. Governors' Fees for 1864 86 0 0 1865 93 15 0 1866 90 1 11 1867 99 0 0 1868 99 18 4 1869 79 0 0 Freehold Property, estimated at.. College Buildings, estimated at .. .. 9,894 6 2 Less depreciation, at 2Jper oent. .. .. 247 7 2 800 0 0 6,500 0 0 — 547 15 3 9,646 19 0 Depreciation in College Buildings .. .. 247 7 2 Less amount paid for Upkeep and Eepairs .. 133 0 6 College Furniture, Books, &c, as per valuation in 1868 .. .. 868 19 8 Less depreciation, at 2J per cent. .. .. 21 14 6 114 6 8 Difference m Estimated Value of College Buildings, from December, 1864, to December, 1868 .. .. .. 1,932 3 1 Difference in Valuation of Furniture and First Cost .. .. ,. 715 18 0 Estimated Balance of original Capital .. 21,248 1 8 Interest due on Mortgages to end of year .. Amount due for Eents to end of year Amount due for Boarding and School Fees, &o. Cash in hand 847 5 2 268 1 0 79 15 0 39 12 6 0 2 0 £27,047 14 8£27,047 14 8