E.—7.

ARTS AND GENERAL—continued. Balance-sheet as at 31st December, 1937. Capital Statement. Liabilities. Assets. £ s. d. £ s. d. Buildings and equipment— £ s. d. Capital balance, Ist January, 1937 239,145 0 0 Arts— Add purchases from — Building .. .. .. .. 127,040 0 0 Revenue .. .. .. 1,406 11 4 Furniture .. .. .. .. 7,070 0 0 Engineering grant .. .. 54 16 1 Students' — Architectural grant .. .. 96 8 5 Building .. .. .. .. 22,800 0 0 Carnegie grant .. .. 1,230 7 1 Furniture .. .. .. .. 700 0 0 Caretaker's cottage .. .. .. 1,710 0 0 241,933 211 Swanson cottage .. .. .. .. 400 0 0 Less depreciation .. .. 3,028 2 11 Engineering— — 238,905 0 0 Building .. .. .. .. 445 0 0 Add grant, Biology Block .. .. 9,967 19 6 Equipment .. .. .. .. 1,620 0 0 Furniture .. .. .. .. 50 0 0 Science — Building .. .. .. .. 19,300 0 o Equipment .. . . .. .. 3,' 100 0 0 Furniture .. .. .. .. 225 0 0 Biology Block .. .. .. .. 10,492 19 6 Office equipment .. .. .. .. 330 0 0 Grounds equipment . . .. .. 40 0 0 Library .. .. .. .. .. 10,630 0 0 Properties— £ s. d. Science Building site .. .. 5,920 0 0 Arts Building site .. .. 24,500 0 0 30,420 0 0 Endowment lands .. .. .. .. 12,500 0 0 £248,872 19 6 £248,872 19 6 Statement No. 2. Liabilities. Assets. £ s. d. £ s. d. Endowment sales .. .. .. .. 10,592 19 3 Endowment sales inyestment .. .. .. 10,592 19 3 Endowment royalties .. .. .. 1,640 3 0 Endowment royalties investment .. .. 1,640 3 0 General Endowment Fund .. .. .. 8,878 14 1 General Endowment Fund investment .. .. 8,878 14 1 Engineering Building Reserve Fund .. .. 2,042 8 1 Engineering Building Reserve Fund investment .. 2,042 8 1 Depreciation and Endowment Fund .. .. 5,492 0 2 Depreciation and Endowment Fund investment .. 5,492 0 2 Mennie Bequest: School of Commerce .. .. 4,938 14 0 Mennie Bequest: School of Commerce .. .. 4,938 14 0 Engineering Endowment Fund.. .. .. 5, 026 5 0 Engineering Endowment Fund.. . . .. 5,026 5 0 Building Fund .. . . . . .. 64 12 1 Building Fund .. . . . . . . 64 12 1 Students' Building Furniture Depreciation Fund.. 137 14 1 Students' Building Furniture Depreciation Fund. . 137 14 1 Carnegie Grant unexpended .. .. .. 38 9 6 Sundry debtors — £ s. d. School of Engineering Account revenue .. .. 190 14 2 Endowment rent arrears .. .. 240 3 4 School of Architecture Account .. .. 58 711 Endowment rent in suspense .. 285 13 4 Land Utilization Research Fund .. . . 12 7 7 525 16 8 Dr. Kagawa Essay Prize .. .. .. 110 Depreciation and Endowment Fund interest: Journalism Prize .. ... .. .. 5 0 0 Cathcart .. .. .. .. 28 10 0 Swanson Hut Funds .. .. .. .. 26 13 1 Student fees arrears .. .. .. 39 4 0 Sundry creditors — I Hire of rooms outstanding .. .. .. 71 10 0 Rents in suspense .. .. .. .. 285 13 4 j Sale of books .. . . . . .. 3 0 0 Rents in advance .. .. .. .. 116 0 Paterson Bequest Funds .. .. .. 0 4 9 Student fees in advance .. .. .. 70 6 0 j Physics notes in stock .. .. .. 10 18 6 Telephone installation .. .. .. 150 0 0 Revenue .. .. .. .. .. 5,384 711 Appointments to staff .. .. .. 20 0 0 Medical Library Funds .. .. .. 68 7 7 | £ s. d. Bank of New Zealand overdraft .. 5,125 12 1 Less Post Office Savings-bank balance 0 6 5 5,125 5 8 £44,877 1 7 £44,877 1 7 1 SC.HOOL OF ENGINEERING. Statement of Receipts and Payments. Receipts. Payments. Government grant — £ s. d. £ s. d. £ s. d. £ s. d. Statutory .. .. .. 2,300 0 0 Salaries .. .. .. .. 2,668 2 0 Restoration of salaries .. .. 242 8 0 Salaries: Part arrears, 1935 . . 181 13 6 2,542 8 0 2,849 15 6 Student fees .. .. .. .. 592 18 0 Lecture requisites .. .. .. .. 113 2 9 Testing fees .. . . .. .. 64 13 II Library— Interest from Endowment Fund .. .. 101 11 1 Books .. .. .. .. 35 3 1 Fees from extension lectures .. 222 0 0 Periodicals .. .. .. 19 13 0 Less expenses ...... 26 5 2 54 16 I 195 14 10 .. . . . . .. .. 16 17 6 Transfer from Arts and General for payment of Advertising .. . . .. .. .. 58 17 6 arrears of salary .. .. .. .. 181 13 6 Lighting, gas, power, and water.. .. .. 25 17 9 Repairs .. . . .. .. . . 39 5 1 Syllabus .. .. .. .. .. 18 10 0 Premiums and brokerage .. .. .. 233 10 0 Sundries . . .. .. .. .. 13 1 3 Administration . . .. .. .. 50 0 0 Duplicating .. .. .. .. .. 14 11 9 Balance, 31st December, 1937 .. .. .. 190 14 2 £3,678 19 4 £3,678 19 4

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