E.—7

Statement of Income and Expendituee. Expenditure. £ s. d. Income. Balance on Ist January, 1927 .. .. .. 6,418 6 6 Government grants — £ s. d. £ s. d. Salaries. £s. d. Under New Zealand University Professors, lecturers, etc .. 14,262 II 10 Amendment Act, 1919 .'. 2,400 0 0 Cleaning and. caretaking .. 680 16 0 National endowment, under New Office .. .. .. 1,338 16 8 Zealand University Amendment Library .. .. .. 160 0 0 Act, 1919 .. .. .. 2,155 4 0 16,442 4 6 On account of deficiency in 1926 3,000 0 0 Printing, advertising, and stationery .. .. 517 7 9 On account of Professor of EducaInsuranco .. .. .. .. .. 323 19 8 tion .. .. .. 850 0 0 Water, light, and fuel .. .. .. .. 602 19 7 On account of commerce capitation 200 0 0 Material— £ s. d. On account of special bursary and Physics .. .. .. 9 5 9 scholarship .." .. .. 70 0 0 Chemistry .. .. .. 39 8 6 8,735 4 0 Biology .. .. .. 17 16 9 University of New Zealand, for library .. .. 376 II I) 66 11 0 Donation, Otago Presbyterian Church Board .. 2,500 0 0 Repairs and maintenance of buildings .. .. 478 5 7 Rents — £ s. d. Payments to scholarship-holders .. . . 70 0 0 Reserves (allocation on account of Fees paid to Students' Association .. .. 1,095 12 9 Arts and Science) .. .. 3,087 17 11. Fees paid to professors and lecturers .. .. 40! 19 0 Reserves (on account of Law School) 82 3 0 Interest on University debentures .. .. 402 10 0 Castle Street .. .. .. 439 0 0 Interest on Oamaru Borough debentures (advanced) 13 4 8 Professors'houses .. .. 321 14 10 Students' fees refunded .. .. .. 2 3 0 King Street property .. .. 170 1 4 Bank of New Zealand—Commission .. .. 25 2 0 Education Board .. .. 0 5 0 Premium on debentures written oft' .. .. 5 2 0 4,101 2 1 Law-costs .. .. .. .. .. 22 15 6 Students'fees .. .. .. .. 9,945 19 1 College fee written oil .. .. .. . . 15 0 Sale of calendars .. .. .. .. 18 10 3 Miscellaneous expenses . . .. . . 701 9 0 Salo of instruments and notes . . . . .. 30 2 6 Transfer to Ethnographic Museum Building Fund Sundry receipts .. .. .. .. 157 6 1 Account —Grant from City Corporation . . 250 0 0 Transfer from Arts and General Investment AcSundry transfers to capital— count (No. 42) —Interest on investments .. 1,902 9 0 Appropriation ( for equipment— £ s. d. Transfer from sundry acoounts for administration .. 525 0 0 Physics .. .. .. 354 3 8 Transfer from Home Science Account (No. 44) for Biology .. .. .. 141 19 2 payment of duplicator .. .. .. 10 0 0 Chemistry .. .. .. 399 4 5 Balance .. .. .. .. .. 925 16 9 General .. .. .. 120 11 5 1,015 18 8 Appropriation for library .. .. .. 307 1 7 Appropriation for improvement University site .. 64 3 9 £29,228 1 6 £29,228 1 6 ARTS AND GENERAL SCHOOL INVESTMENT ACCOUNT. Statement of Receipts and Payments. Receipts. Payments. £ s. d. Balance on 31st December, 1926— Transfer to Arts and General Account (No. 1) .. 1,439 810 Debentures— £ s. d. £ s, d. Balance on 31st December, 1927—Debentures .. 28,433 2 9 Mrs. Lothian's Account .. 600 0 0 Cash .. .. .. .. • ■ 375 0 0 Land-sales Investment Account 4,067 5 9 Dunedin Savings-bank Profit Act, 1902 .. .. .. 6,500 0 0 Mrs. Oliver's bequest .. .. 2,506 17 0 General Purposes Investment Account .. .. .. 9,510 0 0 University Endowment Fund .. 2,249 0 0 Lectureship in Physics .. 1,000 0 0 26,433 2 9 Donations and bequests— Dunedin Savings-bank .. .. 1,000 0 0 Ross bequest .. .. .. 50 0 0 New Zealand Society of Accountants 1.00 0 0 1,150 0 0 Government subsidies — On contribution from Trustees, Executors Co., for music . . 125 0 0 On gift for Lectureship in Physics. . 1,000 0 0 1,125 0 0 Interest .. .. .. .. .. 1,439 810 £30,147 II 7 £30,147 11 7 Statement of Income and Expenditdbe. Expenditure. £ s. d. Income. Transfer to Arts and General Income Account Balance on Ist January, 1927, beina interest ac- £ s. d. (No. 41) .. .. ~ .. .. 1,902 9 0 crued .. .'. .. •• •■ 434 18 7 ' Interest 1,467 10 5 £1,902 9 0 £1,902 9 0

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