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on the endowments would probably be double what it is at present; and, if this were the case, the Museum, School of Art, and Library could each be maintained in a state of efficiency. School op Ageicultuee. Satisfactory progress has been made in this institution during the past year. The total number of students receiving instruction was 50. The number in residence last term was 32. Of these, 10 came from the District of Auckland, 4 from Nelson, 4 from Hawke's Bay, 3 from Otago, 2 from Southland, and 9 from Canterbury. The Board pays the passage to and fro once yearly for each student. At the last annual examination, held in December, three students—namely, W. V. Brown, H. A. Knight, and J. T. Partridge, passed their final examination, and have been granted certificates under the seal of the Board. Certificates of honour have been granted to the students who obtained the first place in each subject at the examination. Their names are :C. L. Cross, L. A. Cuff, H. Ellis, D. Murray, J. Partridge, E. H. Eogers, E. Whitcombe, and W. B. White. At the end of last year it was thought desirable by the Board to have a report made on the school by two practical farmers, and Messrs. J. W. Overtoil and J. Eennie undertook the duty. Extracts from their reports will show that the scholars are doing good work. "Our time was spent principally with those of the third year, whom we found to have a sound general knowledge of the various rotations of crops most suitable for different soils without exhausting the land." "We examined them in the management of stock, and find that they understand the breeding, feeding, raising," &c, &c. "We thoroughly approve of the method of teaching them the practical use of machinery and implements." Acting upon the suggestions contained in their report, the Board requested Messrs Overtoil and Eennie to inspect the farm three times a year—namely, at seed-time, shearing, and harvest, and to furnish a yearly report. As these gentlemen have agreed to perform this important service, the Board will, no doubt, in due time receive a valuable report, which can be made public for the information of those interested in the school and in agricultural pursuits. In accordance with an order of the House of Eepresentatives, dated the Ist June, 1882, a return was made showing receipts and expenditure of the farm since the reserves were vested in the Board of Governors, the number of students in each year, and the results obtained from the different agricultural experiments made at the farm., &c, &c. This return was laid before Parliament and ordered to be printed. [See Paper E.—7a, 1882.] In March His Excellency the Governor visited the school, and appeared to be well satisfied with the arrangements. Mr. Bowron, an expert in dairy matters and a gentleman well and favourably known to agriculturists, at the request of the Board, gave his valuable services in selecting a skilled practical dairyman. Since his arrival at the farm in November last, 3f tons of cheese have been'made, and readily sold at a good price. Want of sufficient room for cheese-drying necessitated the erection of a new store, which has bees completed at a cost of £136 10s. It was deemed expedient to make additions to the cottage on the land purchased last year, so that suitable accommodation might be provided for the Lecturer on Chemistry. This addition will cost £351 Bs. and will be finished in. July. Some changes have been made in the teaching staff, to take effect from the commencement of the second term. Mr. Kirk having resigned, Dr. Yon Lendenfeld has been temporarily appointed as Lecturer on Natural Science. Mr. Gray, who came out to the College as assistant to Professor Bickerton in 1874, has been appointed Lecturer on Chemistry, in place of Mr. Barkas. Accounts. The accounts of the Board for the financial year ending the 31st December, 1882, have been audited and certified as being correct by Mr. Ollivier, who was appointed by Government for that purpose. Absteact of Accounts of the Board of Governors of Canterbury College, for the Year ending 31st December, 1882.

Receipts. £ s. d. ■ To Girls' High School — Grants .. .. .. .. 300 0 0 Pees . . .. .. 1,089 7 6 Interest, loan .. .. .. 130 0 0 College— Pees, rents .. .. .. 880 2 0 Text-books .. .. .. 87 310 ■ Boys' High School, fees .. .. 1,438 10 0 Public library maintenance .. .. 522 5 4 Laboratory .. .. .. .. 43 12 7 School of Agriculture— Fees .. .. .. .. 1,197 3 4 Sale of stock produco .. .. 1,303 7 9 Interest from loans .. .. 3,495 911 Rents— Classical Schools .. .. .. 2,324 311 Superior education .. .. 1,863 19 7 Boys' High School.. .. .. 1,710 0 9 Girls' High School.. .. .. 219 18 4 Technical Science .. .. .. 1,450 13 3 School of Agriculture .. .. 974 6 8 Land sales .. ... .. .. 3,851 1 9 Bepayment of loans .. .. .. 19,350 0 0 Loans .. .. .. 12,500 0 0 Interest, Technical Science ..^ .. 1,470 14 8 Interest, superior education .. .. 180 0 0 School of Art, fees. ... .. .. 288 14 2 £56,736 15 i

Expenditure. £ s. d. By Balance brought forward .. .. 462 9 5 CollegeMaintenance .. .. .. 5,216 19 2 Buildings .. .. .. .. 4,341 10 0 Fees to professors .. .. .. 741 6 0 Text-books .. .. .. 77 3 9 Library .. .. .. .. 90 10 6 Public Library— Maintenance .. .. .. 1,140 6 5 Beference .. .. .. 55 7 4 Museum— Maintenance .. .. .. 1,4-33 7 0 Buildings.. .. .. .. 328 4 9 Laboratory .. .. .. .. 115 10 8 Girls' High School, maintenance .. 1,585 12 11 Boys' High School, maintenance .. 3,290 5 2 School of Agriculture— Buildings, permanent improvements, and plantations .. .. .. 4,321 0 4 Live stock .. .. .. 234 13 G Implements .. .. .. 03 4 2 Maintenance .. .. .. 0,150 10 0 School of Art .. .. .. 1,172 7 4 School of Mines .. .. .. 107 0 1 Land purchase .. .. .. 2,250 0 0 Loans .. .. .. .. 15,150 0 0 Refunds account, land sales, &c, .. 2,806 811 Deposits of contractors .. .. 349 0 0 Interest .. .. .. .. 1,859 0 4 Balance at bankers .. .. .. 3,081 18 1 £56,736 15 4