E.-7.

56

Balance-sheet of the University of Otago for the Year ending 31st March. 1909. Receipts. • £ s. d. £ s. d. Expenditure. £ s. d. £ s. d. Balance, 31st March, 1908 .. .. .. .. .. 474 7 8 Salaries, professors and lecturers .. .. .. .. 9,025 0 0 Part debenture .. .. .. .. .. .. 8 16 7 Less—Museum (Curator), £250; Medical School, £3,000; Dental 488 4 3 Sohool, £500; School of Mines, £1,700 .. .. .. 5.450 0 0 Rents— 3,575 0 0 Burwood and Mararoa .. .. .. .. .. 1,309 0 0 Salaries, assistants .. .. .. .. .. .. 868 0 0 Barewood .. .. .. .. .. .. 1,125 0 0 Less— School of Mines, £78; Medical Sohool, £28 2s. 6d., Benmore .. .. ' .. .. .. 3,000 0 0 £221 5s., £132; Dental School, £131 4s. 2d. ; Museum, £277 Forest Hill, Hay .. .. .. .. .. .. 40 0 0 8s. 4d. .. .. .. .. .. .. 868 0 0 Forest Hill, Miller .. .. .. .. .. 868 Run 79c, Barewood.. .. .. .. .. .. 17 16 3 Salaries, office and janitor .. .. .. .. .. 400 14 0 Castle Street Reserve .. .. .. .. .. 273 0 0 General expenses .. .. .. .. .. .. 155 9 n Professors' houses .. .. .. .. .. .. 235 0 0 Water, fuel, and light.. .. .. .. .. 128 15 0 5,999 2 11 Repairs (main building) .. .. .. .. .. 17 0 6 Government Specialisation Fund .. .. .. .. 2,000 0 0 Insurance .. .. .. .. .. 48 5 6 Transferred to Dental School Aocount, £500 ; transferred to Less— Dental School, £2 13s. 6d., Medical Sohool, £11; School of Medical School Account, £1,500 .. .. .. .. 2,000 0 0 Mines, £1 4s.; Museum, £7 6s. ... .. .. 22 3 6 96 2 0 Interest on invested funds .. .. .. .. .. 597 10 0 Apparatus and material— Tiansferred to Wolf Harris Endowment Fund .. .. .. 94 0 0 Biological .., .. .. .. 28 14 11 503 10 0 Anatomical .. .. .. .. 123 Hot-water supply (refund) .. .. .. .. .. 600 Chemical Laboratory .. .. .. 18 13 10 Church Board of Property .. .. .. 1,800 0 0 Physical .. .. .. .. .. .. .. 11 2 0 Goldfields revenue .. .. .. .. .. .... 43 15 6 Physiological .. .. .. .. .. 95 0 5 Timber licenses .. .. .. .. .. .. .. 4 18 0 154 13 5 Incidental receipts .. .. .. .. 783 Printing and stationery .. .. * .. .. .. 177 4 6 Interest on Mrs. Lothian's legacy .. .. .. .. .. 30 0 0 Less— Medical Sohool, £3 4s. 4d.; School of Mines, £2 Is. : Beverley Trust (cash).. .. .. .. .. .. 250 18 8 Dental Sohool, £42 iOs. 6d.; Museum, £2 6s. .. .. 50 1 10 (fixed deposit receipts) .. .. .. 668 15 0 127 2 8 919 13 8 Class fees (professors and lecturers, and refunded) .. 2,947 17 5 Fees .. .. .. .. .. .. .. 4,118 1 1 Repairs to professors' houses .. .. .. .. .. 38 5 0 Less transferred to Medical Sohool Account, £117 9s. ; less Bank charges .. .. .. .. .. .. 5 10 9 transferred to School of Mines Account, £55 13s. .. .. 233 2 0 Government commission (Land Fund) .. .. .. .. 133 15 10 3,884 19 1 Transferred to Interest Aocount .. .. 495 0 0 Analysis fees .. .. .. .. .. .. .. 5000 Library .. .. .. .. .. 38 13 4 Building Acoount .. .. .. ... .. 136 16 3 Subscription to Maternity Home .. .. .. 25 0 0 Law-costs .. .. .. .. .. 52 11 4 Transferred to School of Mines .. .. .. 1,857 8 5 » Dental Sohool .. .. .. .. 220 18 4 Medical Sohool.. .. .. .. 1,866 9 11 Museum Account .. .. 263 15 11 Land Sale Investment Account .. .. .. 8 16 7 Balance on 31st Maroh, 1909— Current Acoount .. .. .. .. .. 388 0 1 Beverley fund of fixed deposits .. .. .. .. 668 15 0 1,056 15 1 £13,732 11 8 £13,732 11 8

ACCOUNTS AND BALANCE-SHEET.