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students who are candidates for the teachers' examinations. 2,900 candidates were exempted in this manner from the necessity of passing the Intermediate Examination, of which number 1,262 are not included in the total of examination entries given above. The number of candidates actually presenting themselves for the various examinations during the last three years is shown below : — 1922. 1923. 1924. Junior National Scholarships and junior free places .. .. 2,500 2,564 2,481 Public Service Entrance, Senior National Scholarships, and Intermediate .. .. .. .. .. .. .. 3,544 4,222 5,192 Teachers D and C .. .. .. .. .. .. 3,227 3,319 3,353 Kindergarten Certificate Examination .. .. .. .. 5 6 3 Special Public Service Entrance Examination in June .. .. .. . . 162 London University Examinations .. .. .. .. .. 1 1 Qualifying Examination, Railway Engineering Cadets .. .. 9 4 1 9,285 10,116 11,193 Of the 2,310 candidates for Junior National Scholarships in 1924, 249 obtained the scholarship qualification, 1,530 qualified for a free place in the scholarship examination, and 531 failed. There were also 171 candidates for free places only, of whom 53 qualified and 118 failed. Of the 1,083 candidates for Senior National Scholarships 134 gained scholarships, 711 qualified for senior free places, and 191 failed. Only six of the total number of candidates were examined on the Scheme (Rural and Domestic) Course, none of whom qualified for scholarships. There were 3,132 entries for the Intermediate Examination, 2,555 candidates presenting themselves, of which number 551 passed and 1,343 failed to do so. The number present at the Public Service Entrance Examination was 1,601, 904 of the number passing and 697 failing the examination. The number present at the Public Service Entrance Examination held in June was 162, 106 of the number passing and 56 failing the examination. By arrangement with the General Manager, New Zealand Railways, a qualifyingexamination was held for Railway Engineering Cadets. One candidate presented himself for examination but failed to qualify. The number of candidates who sat for the different stages of the teachers' certificate examinations was 3,353 (527 for the whole or part of Class C and 2,826 for Class D). Of the total number 499 obtained complete passes in Class D, 140 in Class C. 1,955 improved their status and 759 failed to improve their status. Teachers' Superannuation Fund. The position of the fund at the 31st January, 1925, and the principal figures concerning the transactions for the year, compared with those for the thirteen months ended 31st January, 1924, are given below : — 1923-24. 1924-25. £ £ Balance at credit of fund at end of year .. .. .. .. 858,662 942,755 Increase over balance at end of previous year .. .. .. .. 79,027 84,093 Income for the year — Members'contributions .. .. .. .. .. 101,632 111,025 Interest .. .. .. .. .. .. .. 48,725 53,689 Government subsidy .. .. .. .. .. 63,833 68,000 Total income .. .. .. .. .. £214,190 £232,714 Expenditure — Retiring and other allowances .. .. .. .. .. 112,861 126,232 Contributions refunded, &c. .. .. .. .. .. 19,189 19,462 Administration expenses .. .. .. .. .. 3,113 2,927 Total expenditure .. .. .. .. .. £135,163 £148,621