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1913, £2,670 17s. lOd.; balance, £159 12s. sd. Sinclair-Gillies Trust Account: Receipts, including balance of £3,881 ss. lOd. from 1913, £4,059 16s. lOd.; expenditure, £140; balance, £3,919 16s. lOd. Sinclair Bequest: Receipts, including balance of £28 17s. from 1913, £30 Is.; expenditure, nil; balance, £30 Is. Endowments : The income from the endowments was £751 2s. 3d. ; there was no expenditure. 5. Degrees and Honours. —The degrees and honours gained at last November examinations were as follows : Honours in Arts, 10 ; Honours in Science, 3 ; Honours in Law, 1 ; Master of Arts, 1 ; Master of Laws, I ; Bachelor of Arts (final section), 18 ; Bachelor of Arts (first section), 14 ; Bachelor of Laws (final section), 5; Bachelor of Laws (first section), 22 ; Bachelor of Science (final section), I ; Bachelor of Science (first section), 4 ; certificate of proficiency, M.A. standard (equivalent to second class), 1 ; Senior Scholarships, 5 ; Exhibition Science Scholarship, 1 ; the honours list comprised— First class (English and French), I ; first class (botany), 1 ; first class (mental science), 1 ; • second class, 5 ; third class, 3. 6. The various Schools of Music, Commerce, and Mining Engineering were attended during the year by the following number of students —-viz., School of Music, 183 ; School of Commerce, 100; School of Mines, 50. 7. The desire for providing better accommodation for University students is almost universal. Nothing has yet been done to remove the difficulty under which the College Council, professors, and students are labouring. The building now used was not built for the purpose of teaching, but was built sixty years ago for the meeting of the General Assembly, which met in it from 1854 to 1864.' It was for the ensuing ten years the Provincial Council. Chamber. It is to be hoped that the new House of Representatives, which meets this year, will deal promptly with providing a now University-site in the old city for the convenience of the sons and daughters of the citizens of Auckland. Jp *{£ 3p 5|C n* , V ' ■■ I have, &c, G. Maurice O'Rorke, Kt., Chairman.

ACCOUNTS AND BALANCE-SHEETS. Statement of the Receipts and Expenditure of the Auckland University College for thk Year ended 31st December, 1914. I. General Account. Receipts. £ s. d. Expenditure. £ s. d. Balance, Ist January, 1914 .. .. 4,527 2 5 Salaries .. .. .. .. 7,924 2 4 p. Prom Government— Offioe expenses .. .. .. 25 14 6 Statutory grant .. .. .. 4,000 0 0 Stationery .. .. .. .. 38 6 1 Additional grant .. .. .. 3,825 0 0 Printing .. ..- .. .. 129 10 6 Sir George Grey Scholarship .. .. 50 0 0 Advertising .. .. .. .. 44 11 9 Research Scholarship .. .. 10 0 0 Legal expensos .. .. .. 30 18 1 Endowments — Cleaning, lighting, and warming .. 178 14 8 Rents oolleoted by Registrar .. .. 395 610 Power (electrio) .. .. .. 312 4 Taupiri rent .. .. .. 110 0 0 Furniture and fittings .. .. .. 74 14 4 Eduoation reserves, Auckland .. 245 15 5 Water rates .. , .. .. .. 13 4 4 Hall receipts (Choral Hall) .. .. 114 12 0 Insuranoe .. .. .. .. 37 12 9 Musio examinations .. .. .. 166 7 6 Commission .. .. .. .. 8 2 0 Annual examinations .. .. 30 9 0 Repairs .. .. .. .. 33 12 7 Sale of calendars, &c. .. .. 311 2 Additions .. .. .. .. 113 11 5 Miscellaneous .. .. .. 84 14 8 Lecture requisites .. .. .. 303 6 6 Interest .. .. •• •• 83 17 11 Library .. ~ .. .. 138 9 6 Students'fees .. '.. .. .. 2,548 10 0 Premiums .. .. .. .. 46 10 6 Annual-examination expenses .. .. 9 17 9 Music-examination expenses .. .. 101 10 9 School of Music .. .. .. 7 14 6 Sir George Grey Scholarship .. .. 50 0 0 Audit expenses .. .. .. ' 6 0 0 Miscellaneous (including £320 2s. sd. pas-sage-money, &0., of three professors) .. 336 18 9 Students' fees (paid to two lecturers) .. 233 10 0 Students' fees (refunds to University bursars) .. .. .. .. 13 0 0 Balanoe, 31st Deoember 1914— Debentures .. .. £400 0 0 Mortgage (Grey Street) .. 750 0 0 Mortgages (2), (Mt. Edon) 825 0 0 P.O. Savings-bank .. 158 0 10 Bank of New Zealand (current acoount) .. 4,159 0 2 6,292 1 0 16,195 6 11 . £16,195 6 11