E.—7.

University of Otago Scholarship and Prize Fund Account —continued.

Balance-sheet as at 31st December, 1925. Liabilities. £ s. d. Assets. £ s. d. Capital Accounts— Debentures and inscribed stock .. 75,223 15 0 Sales of property .. .. .. 3,812 5 9 Companies'shares .. .. .. 2,500 0 0 Dunedin Savings-bank .. .. 6,500 0 0 Deposit with Hallenstein Bros. (Limited) 7,364 13 3 Glendining gift .. .. .. 16,875 10 1 Sundry debtors— Wolff Harris endowment .. .. 2,100 0 0 Bacteriology fees due .. .. 698 13 0 Benmore exchange .. .. 255 0 0 Students' Association overpaid .. 2 2 0 Subscribed fund .. .. .. 2,249 0 0 Pathology fees due .. .. 358 7 0 Lothian bequest .. .. .. 600 0 0 Government grants due .. .. 3,039 16 9 Moritzson gift .. .. .. 222 6 11 Home Science Hostel .. .. 438 3 4 Donald Reid trust .. .. .. 6,675 6 9 Students'fees due .. .. .. 50 0 0 Ethnology gift .. .. .. 5,093 19 9 Timber royalties unpaid .. .. 30 410 Sir John Roberts'gift .. .. 2,060 0 0 Workers' Educational Association AcDr. Barnett's gift .. .. .. 2,000 0 0 count overdrawn.. .. .. 48 19 11 The Dean's Fund .. .. .. 2,495 14 0 Rents due— Mrs. Oliver's bequest .. .. 2,506 17 0 Otago runs .. .. .. 315 311 .. .. .. .. 9,510 0 0 Southland runs .. .. .. 14 12 6 Ralph Barnett .. .. .. 15,326 12 9 Castle Street .. .. .. 30 10 0 Ethnology Museum Building Account 7,364 13 3 Education Board .. .. .. 0 5 0 Unexpended balance of special accounts— Professors' houses .. .. .. 107 10 0 Chamber of Commerce .. .. 9 12 7 King Street property .. .. 96 14 10 Chemistry Apparatus Fund .. .. 24 13 4 Arts and General Account —Debit balance 2,002 1 9 Dental School Equipment Account .. 1,495 18 9 Ethnology books donation .. .. 20 15 7 Geology Gift Account .. .. 50 0 0 Ethnology Income Account .. .. 6 19 4 Hocken Library Account .. .. 295 0 0 Hocken Library Books Committee .. 120 17 11 Honorary medical staff, Dunedin Hospital 850 0 0 Medical School Library Special Account 111 8 11 Professor Parker's grave .. .. 10 19 7 Physiology Research Account .. 56 16 5 Rheumatoid arthritis research .. 106 1 10 Sir Ernest Rutherford Account .. 11 13 11 Hon. Downie Stewart Scholarship Account .. .. .. .. 100 0 0 Home Science School Account .. 2,182 8 9 Income Accounts in credit— Moritzson gift .. .. .. 36 12 0 Dr. Barnett's Account .. .. 435 19 3 Sir John Roberts' Account .. .. 440 16 11 Sundry creditors — Fees due to professors and lecturers .. 167 17 4 Assay fees to Professor Waters .. 4 11 0 Fees to be refunded to students .. 12 18 6 Bank of New Zealand debit balance .. 122 4 11 £92,321 13 1 £92,321 13 1 Note. —The University owes £7,000 on account of debenture debt.

34

; O.S' Jubilee Lissie Bat " bo » e ' SZlL Fowler | Cash in Scholarship? Scholarship. Scholarship. ! Bank. £ s. d. £ s. d. £ s. d. £ s. d. ! £ s. d. Balance on 31/12/24 .. .. 220 4 5 [ .. .. .. 736 17 1 Transfer from General Account .. .. : .. .. 70 0 0 Donations or bequests .. .. .. 2,997 10 0 2,000 0 0 Government subsidy .. .. .. j Transferred from General Account .. 220 4 5! Interest.. .. .. .. 9 3 9 | .. 31 16 5 26 1 11 449 12 7 2,997 10 0 | 2,031 16 5 j 726 1 11 736 17 1 Payment to holder .. 20 0 0 .. .. Bank charge .. .. .. 0 0 2 .. 0 0 10 .. j Balance, 31/12/25 — Invested ' .. .. .. 440 8 10 2,997 10 0 2,000 0 0 700 0 0 Current Account .. .. .. .. 31 15 7 26 1 11 57 17 6 460 9 0 794 14 7 Income Account overdrawn .. 10 16 5 .. .. .. 10 16 5 449 12 7 2,997 10 0 2,031 16 5 726 1 11 783 18 2