E.—7

44

Balance-sheet of the University of Otago, 31st March, 1911. Liabilities. £ s. d. Assets. £ s. d. To Capital Account .. .. .. 3,801 14 9 By Officers' Training Corps .. .. 2S 5 0 6,500 0 0 ' Mrs. Leask's trust.. .. .. 4 17 8 2,249 0 0 Dental School Building Account .. 55 14 6 Capital Wolff Harris Trust .. .. 2,100 0 0 Department of Pubbo Health .. 14 16 4 Arts and General Aooount .. .. 880 6 4 Hospital Board .. .. .. 25 18 9 Home Science School .. .. 1,091 2 2 TYcs short-banked .. .. (I 19 6 fees held over .. .. .. 34 13 0 Government grant owing (since paid).. 170 11 0 Fees paid in excess .. .. .", lii S Stock Exchange debentures, 4J per Students' Building Account .. 500 0 0 cent. .. .. .. .. 1,800 0 0 Dunedin City Tram debentures, 4 per cent. .. .. .. 400 0 0 Dunedin City Tram debentures, 4h per cent. .. .. .. .. 2,000 0 0 Government debentures, 4 per cent... 100 0 0 Mornington Borough debentures, 44 per cent. .. .. .. .. 700 0 0 (loverninent debentures, 4 per cent... 6,500 0 0 „ .. 2,200 0 0 „ 600 0 0 Dunedin City Tram debentures, 4 per nut. .. .. .. .. 289 9 0 Due by Beverlv Trust, grants .. 145 6 0 (ash in bank .. .. .. 2,126 15 2 £17,162 12 11 £17,162 12 11 Debentures owing by University .. £11,000 0 0

Statement showing how the Capital Accounts are invested, 31st March, 1911.

Aims ami GENERAL. Receipts. £ s. d. Expenditure. £ s. d. To Goldfields revenue .. .. .. 41 11 0 By Debit balanoe, 31st March, 1910 .. 278 8 4 Presbyterian Church Board .. .. 1,800 0 0 Water, light, and fuel .. .. 159 13 10 Interest on investments .. .. 495 12 6 Expenses .. .. . . .. 304 15 3 „ on Mrs. Lothian's Trust .. 46 6 3 Insurance .. .. 34 711 Bents, Burwood and Mararoa (includ- Printing, advertising, and stationery .. 145 4 0 ing arrears, £564 3s. 4d.) .. 1,864 3 4 Salaries .. .. .. 4,626 0 0 „ Barewood (including arrears, Fees paid to professors and lecturers .. 1,623 6 0 (£526 3s. 10d.) .. .. 1,426 310 Government commission on rents .. 169 11 10 ~ 79c (including arrears, £10 15s. Interest on debentures .. .. 554 6 7 9d.) .. .. .. 27 15 3 Bank charge and interest .. .. 5 10 0 Benmore .. .. .. 3,000 0 0; > Law-costs .. .. .. 212 6 Castle Street .. .. 273 0 0 ! Repairs, general .. .. .. 35 18 9 ~ Professors' houses .. .. 240 0 0 I „ professors' houses .. .. 20 15 3 ~ Forest Hill (including arrears, Materials and renewals .. .. 65 7 5 £28 6s. Bd.) .. .. 48 6 8 \ Equipment and apparatus .. .. 336 1 8 timber licenses .. .. 16 13 2 \ Library .. .. .. .. 80 18 5 Hot-water supply, refund .. .. 3 0 0 New works .. .. .. 39 10 5 Students' fees ' .. .. .. 2,620 0 0 Transfer, Mining School .. .. 329 0 1 Beverly grant to electrical installation 222 9 2 1 ~ Dental School .. .. 404 2 4 salary 1910-11 .. 200 0 0 „ Medial School .. .. 2,181 811 ~ applied mechanics .. 50 0 0 ~ Museum .. .. .. 343 1 4 applied physics .. 200 0 0 Balance .. .. .. .. 880 6 4 books .. .. .'in 0 0 „ purchase .. .. 15 6 0 £12,620 7 2 £12,620 7 2 To Balance .. .. .. .. £880 6 4

Capital Account. Dunedin Amount. stock Exchange 4 J per Cent. Dunedin Dunedin Government Mornington City Tram City Tram Debentures Borough Tram 4 per Cent. 4t per Cent. 4 per Cent. 4J per Cent. Sales of property Dunedin Savings-bank .. Subscribed Fund Wolff Harris Trust £ s. d. t s. d. 3,801 14 9* 1,800 0 0 6,500 0 0 2,249 0 Of 2,100 0 0 £ s. d. £ s. d. £ s. d. £ s. d. 689 9 0 .. 600 0 0 j 700 0 0 8,500 0 0 2,200 0 0 2,000 0 0! 100 0 0 14,050 14 9 1,800 0 0 689 9 0 | 2,000 0 0 9,400 0 0 700 0 0 * Uninvested, £12 5s. 9d. t Uninvested, £49.