E.—7

16

Balance-sheet— continued. Statement No. 2. Liabilities. £ s. d. Assets. Endowment sales .. .. .. .. 10,534 12 7 Endowment Sales Investment — £ s. d. £ s. (I. Endowment royalties .. .. .. 71.0 2 8 Auckland City Counoil debentures, General Endowment Fund .. .. .. 2,481 II 3 5 per cent.' . . .. .. 10,200 0 0 Engineering building reserve .. .. .. 1,234 I 0 Auckland Electric-power Board Depreciation and Endowment Fund .. .. 5,165 4 0 debentures, 5J per cent,. .. 300 0 o Student fees in advance .. .. .. 2 10 0 Fixed deposit .. .. .. 34 12 7 Auckland Briok-manufacturers' Scholarship .. 130 0 0 10,534 12 7 Journalism prize .. .. .. .. 10 5 0 Endowment royalties investment. — John Court Scholarship .. .. .. .1,000 0 0 Northeote Borough Council deRevenue funds as at 31st December, 1927 .. 595 8 11 benturcs, 6 per cent. .. 400 0 0 Waitemata County Council debentures, 6 per cent. .. 100 0 o Auckland City Council debentures 5<J per cent,.. .. .. lot) o o 000 o o General Endowment Fund investment — Auckland City Council debentures, 5i per cent.. . .. .. 2,400 0 0 Auckland Savings-bank (temporary) .. .. .. 8.1 11 3 2,481 II 3 Engineering Building Fund investment — Auckland City Council debentures, 5J per cent... .. .. 1.200 0 0 Auckland Savings-bank (temporary) .. .. .. 34 I 0 1,234 1 0 Depreciation and Endowment Fund investment — Mortgages .. . . .. 425 0 0 Auckland City Council debentures, 51 per cent.. . .. .. 400 0 0 Ellerslie Town Board debentures, 6 per cent. .. .. .. 1,000 0 0 War-loan certificates .. .. 5 4 0 Buckland property .. .. 1,735 0 o Post Office Savings-bank (temporary) .. .. .. 1,600 0 0 5,165 4 0 Physics notes in stock . . . . .. 28 3 5 Law notes in stock .. .. .. 13 10 0 Debtors — Endowment rent — Accrued .. .. .. 151 12 6 Arrears .. .. .. 162 0 0 3] 3 12 (i Mortgage interest accrued .. .. 6 18 2 Student fees .. .. .. .. 18 5 0 Grant, Professor of Education, due .. 2.12 10 0 School of Engineering— Capitation . . .. .. .. 87 10 0 Test fees 10 10 0 Cash at Bank of New Zealand .. 998 3 7 Less unpresented cheques .. 53 9 2 944 14 5 Less School Forestry Fund, £502 16s. 6d„ and Medical Library Fund, £310 17s. sd. .. 813 13 I I 131 0 6 Cash at Post Office Savings-bank-General .. .. .. 26 7 0 John Court Scholarship .. 1,000 o o 1,157 7 6 £21,863 15 5 £21,863 15 5