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ScHOLAEsniPS. —The examinations for scholarships were held in June, and were conducted by Professor Cook and J. V. Colborne Veel, Esq. The number of candidates examined was 70, viz. :In Class A, 17 (under 11 years of age), 13 boys and 4 girls; in Class B, 22 (under 12), 16 boys and 6 girls; in Class C, 24 (under 13), 18 boys and 6 girls; in Class D, 7 (under 14), 4 boys and 3 girls. The successful candidates were : In Class A, Alfred Mennie and Matthew Butterfield, but Alfred Mennie, who stood first, being disqualified through age, the scholarship was divided between Janet Prosser and Thomas Green, who stood third with an equal number of marks ; in Class B, John Smith (who resigned the scholarship gained in 1879), Thomas Cresswell, Charles Garrard, and William Jackman ; in Class C, Catharine Lamb, Aimee Mills, Robert Speight (who resigned the scholarship gained in 1879), Joseph Zachariah, Mary Sword, and Robert Frizzell; in Class D, Margaret Lorimer and Ellen Pitcaithley (who resigned the scholarship gained in 1879). Savin gs-Banks.—Only two penny savings-banks have been opened in this district, viz., at Balcairn and Kaiapoi Island North. The amount of deposits received at Balcairn from the 23rd April, when the bank began operations, to the 31st December was £11 3s. 2d.; interest, 2s. Bd.; withdrawals, lis. lid. : leaving a credit balance of £10 13s. lid. At Kaiapoi Island North the amount deposited during the short time for which the bank was open before the end of 1879 was £7 7s. 4d., and of the deposits during 1880 £5 10s. Id., making a total of £12 17s. sd. ; interest, 4s. lOd. ; withdrawals, £5 65.: leaving a balance at credit of depositors £7 16s. 3d. Copies of the audited accounts of each of the banks accompany this report. I have, &c, The Hon. the Minister of Education. John Inglis, Chairman.

General Statement of Receipts and Expenditure for the Year ending 31st December, 1880. Receipts. £ s. d. Expenditure. £ s. d. To Balance, Ist January, 1880 — By Office and BoardMaintenance Account ... ... 9,883 5 5 Office staff, salaries ... ... 1,121 8 4 Special Buildings Grant ... ... 8,739 6 8 Departmental contingencies ... 245 11 6 Grants from Government — School Inspection— Statutory capitation (£3 155.) ... 36,889 15 2 Salaries ... ... ... 983 6 8 Grants to Committees (10s.) ... 3,289 9 2 Travelling expenses and forage allowScholarships (Is. 6d.) ... ... 855 17 11 ances ... ... ... 267 5 10 Inspection subsidy ... ... 500 0 0 Examination of pupil-teachers ... 91 19 5 Training ... ... ... 2,000 0 0 Teachers'salaries and allowances ... 38,136 17 8 Specially for buildings ... ... 14,500 0 0 School Committees, for educational purPayments by School Commissioners from poses ... ... ... 5,856 2 1 education reserves ... ... 6,929 18 7 Scholarships— From Public Libraries Vote ... ... 840 7 0 Paid to holders ... ... ... 765 0 0 Training fees ... ... ... 10 0 0 Expenses of examinations ... ... 142 17 8 Bent of school site, Mandeville Plains ... 5 0 0 Training of teachers ... ... 1,844 14 10 Sales of school sites ... ... ... 40 15 0 Scliool-Buildings— Deposits on contracts ... ... 252 10 0 New buildings ... ... ... 5,923 7 3 Interest ... ... ... ... 918 19 7 Enlargement, improvement, and repairs ... ... ... 9,802 18 1 School furniture and appliances (not included in preceding) ... 1,067 15 2 Purchase of sites ... ... 68 0 0 Plans, supervision, &c. ... ... 1,337 19 11 Library Committees, out of Public Libraries Vote ... ... ... 833 13 3 Drill instruction ... ... ... 407 9 6 Befund of deposits on contracts ... 408 14 0 Balance ... ... ... ... 16,350 3 4 £85,655 4 6 £85,655 4 6 John Inolis, Chairman. J. V. Colboene Veel, Secretary. Auditor's Certificate. —I have audited this account, and have compared the vouchers relating thereto with the several items of income and expenditure, and find it correct. The balance at the bank, after payment of outstanding cheques, is accurately stated. —J. Olliviee. 30th March, 1881. PENNY SAVINGS-BANES. Balcairn School. — General Account. £ s. d. £ c. d. Deposits received from 23rd April to 31st Bepayments from 23rd April to 31st December, December, 1880 ~, ... ... 11 3 2 1880 ... ... ... ... 011 11 Balance due depositors on 31st December, 1880 10 11 3 £11 3 2 £11 3 2 Balance-sheet. Liabilities. £ s. d. Assets. £ s. d. Balance due depositors on 31st December, 1880 10 11 3 Cash in Post Office Savings-Bank, including Surplus of funds to meet liabilities ~, ~. 0 2 8 interest, to 31st December, 1880 ... 718 8 Cash in hand ~, ~, ... ... 215 3 £10 13 11 £10 13 11

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