E.—o

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NELSON COLLEGE. 1. Eeport of the Governors. The Governors, in publishing the accounts of both colleges for the year just ended, have little to add to what may be learned from them in conjunction with the comparative return of the number of pupils upon the rolls during the last and preceding year, and the tabular statements of the number, yearly value, and tenure of the scholarships attached to each college. The number of pupils attending the Boys' College fell off to some extent, it will be seen, during the earlier quarters of the year, but the return for the last quarter shows a number exactly corresponding with the roll for the same period in the previous year. The roll of the Girls' College shows a somewhat marked decrease in the numbers for the latter quarters ; but the decrease is owing, the Governors believe, to then existing circumstances of quite a temporary character. At the close of the September quarter the Governors accepted with much regret the resignation of Miss Lilian Edger, the Second Mistress. They also, about the same time, lost the valuable services of the Matron, Miss Bell. The vacancies thus occurring have been filled up by the appointment of Miss C. E. M. Harrison, 8.A., as an assistant teacher, and of Mrs. Joseph Mirams as Lady Matron. The reputation of the College, the Governors are glad to be able to report, has been fully maintained at the late Civil Service Examination. The accounts appended to this report show that the finances of the College are in a satisfactory condition, and the Governors do not feel that any comment upon them is required on their part. By order of the Council of Governors. Oswald Curtis, Secretary.

2. Abstract of the Eeceipts and Expenditure for the Year ending the 31st December, 1884. Receipts. £ s. d. Expenditure. £ s. d. To Balance at Bank of New Zealand on the By Scholarships— 31st December, 1883 .. .. 737 14 3 Foundation .. .. .. 60 0 0 Interest Account .. .. .. 886 4 2 Endowed .. .. .. .. 84 0 0 Kent Account .. .. .. 424 15 0 Governors' fees .. .. .. 62 10 0 Boarding Account .. .. .. 1,697 17 8 Exhibitions .. .. .. .. 97 10 0 Tuition Account .. .. .. 1,089 13 4 Simmons Prize .. .. .. 6 0 0 Stationery Account .. .. .. 41 16 3 Boarding Account .. .. .. 1,518 5 8 Miscellaneous receipts .. .. 95 10 6 Tuition Account .. .. .. 1,689 16 3 Suspense Account .. .. .. 44 17 6 Stationery Account .. .. .. 90 610 Eepairs Account .. .. .. 257 3 1 Suspense Account .. .. .. 19 1 0 Audit charges .. .. .. 7 9 0 Examiners' fees .. .. .. 29 8 0 Insurance from fire .. .. .. 75 18 3 City rates .. .. .. .. 41 9 2 Subscriptions to sports .. .. 14 0 0 Printing and advertising .. .. 20 11 6 Piano .. .. .. .. 38 0 0 Law costs .. .. .. .. 5 10 Office-rent and expenses .. .. 65 14 7 Sundry expenses .. .. .. 28 19 10 Secretary's salary .. .. .. 200 0 0 Balance at the Bank of New Zealand on the 31st December, 1884 .. .. 607 9 6 £5,018 13 8 £5,018 13 8 Oswald Curtis, Secretary. We hereby certify that we have examined the above accounts and compared them with the several Touchers relating thereto, and found them correct.—H. C. Daniell, J. T. Catley, Auditors.

3. Abstract of Beceipts and Expenditure of the College for Giels for the Year ending the 31st December, 1884. Receipts. £ s. d. Expenditure. £ c. d. To Balance at Bank of New Zealand on the By Tuition Account .. .. .. 1,332 3 6 31st December, 1883 .. .. 297 611 Boarding Account .. .. .. 850 14 3 Tuition Account .. .. .. 1,403 18 0 Stationery Account .. .. .. 65 12 4 Boarding Account .. .. .. 1,131 14 0 Printing and advertising .. .. 52 19 11 Government subsidy .. . ■ 500 0 0 Insurance from fire .. .. .. 44 2 0 School Commissioners' subsidy .. 150 0 0 City rates .. .. .. .. 16 2 3 Gas .. .. .. .. 36 8 6 Proportion of office expenses .. .. 40 0 0 Examiners' fees .. .. .. 17 17 0 Auditors' fees .. .. .. 5 5 0 Interest on loan .. .. .. 336 0 0 Secretary's salary .. .. .. 100 0 0 Sundry expenses .. .. .. 42 8 1 Balance in reduction of overdraft at the Bank of New Zealand .. .. 543 16 1 £3,483 8 11 £3,483 8 11 Oswald Cuetis, Secretary. We hereby certify that we have examined the above accounts and compared them with the several vouchers relating thereto, and found them correct. —H. C. Daniell, J. T. Catlbt, Auditors,