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4. Estimated Assets and Liabilities of Nelson College on the 31st December, 1885. Assets. £ s. d. Liabilities. £ s. d. Mortgage securities— Governors of College— General endowment .. .. .. 8,292 5 0 Amount of fees invested . .. .. 1,500 0 0 Scholarship endowment .. .. 2,200 0 0 Amount of fees due 31st December, 1884 220 17 6 Simmons Prize .. .. .. 100 0 0 Amount of fees duo 31st December, 1885 100 0 0 Governors' fees .. .. .. 1,500 0 0 Mrs. Edwards—loan at 6 per cent, interest 5,000 0 0 On fixed deposit— G. B. Sinclair—balance of purchase-money Permanent Building Society .. • .. 1,000 0 0 of part of site of Girls' College .. SOO 0 0 Bank of New Zealand .. .. 1,000 0 0 Outstanding accounts .. .. .. 200 0 0 Bank of New Zealand—Loan Account .. 2,680 5 3 Estimated loss in collection of arrears inFreehold property, exclusive of buildings 12,025 0 0 eluded in assets .. .. .. 800 0 0 College buildings— Debtor balance of working accounts at the Boys' College .. .. 7,493 5 4 Bank of New Zealand .. .. 2,145 2 3 Add repairs, &c., 1.885 .. 158 1 6 Balance—excess of assets over liabilities .. 35,778 14 11 7,651 6 10 Less depreciation, 5 per cent. .. .. 382 11 0 7,268 IS 10 Girls' College .. .. 5,358 6 7 Less depreciation, 5 pelcent. .. .. 267 18 0 5,090 8 7 College furniture— Girls' College .. .. 1,589 13 8 Add additions, 1885 .. 11 510 1,600 19 6 Less depreciation, 5 per cent. .. .. 80 1 0 1,520 18 6 Boys' College .. .. .. 662 17 0 Interest due upon loans .. .. 1,136 6 0 Rents due from endowments .. .. 304 1 6 Board and tuition fees due— Boys' College .. .. .. 610 13 0 Girls' College .. .. .. 653 4 0 £46,044 14 8 £46,044 14 8 Oswald Cubtis, Secretary.
5. Wokk at Nelson College (Highest and Lowest) for 1885. Highest. —The University students attending Nelson College have, during 1885, been engaged in the work for the J3.A. examination of the year—Latin, Greek, French, English, political economy, constitutional history, mathematics pure and mixed—also in the work for the B.A. examination of 1886. (Vide University Calendar.) The Upper Form of unmatriculated pupils have been reading Horace, Virgil, Livy, Cicero, Greek Testament, Xenophon, mathematics, including mechanics without the differential calculus, English, French, German, chemistry, and preparing generally for the matriculation examination. Loivest. —The lowest Form in the school has been employed on English, elementary Latin, arithmetic, simple history, geography, and handwriting. For the pursuit of scientific studies Nelson College is equipped as follows : (1.) Chemistry : A chemical laboratory, with the necessary apparatus and chemicals. (2.) Physical Science: A tolerably complete set of apparatus for the study of the following branches: Heat, light, sound, electricity, and magnetism. (3.) Natural Science : A collection of mineral and other specimens made by the boys themselves. Nelson College, 25th February, 1886. J. C. Andbew.
BOYS' HIGH SCHOOL, CHEISTCHDECH. 1. Statement of Eeceipts and Exvendituee for the Year ending 31st December, 1885. Receipts. £ s. d. Expenditure. £ s. d. To Current income from reserves .. 2,422 8 9 By Balance at beginning of year .. 258 711 School fees .. .. .. .. 1,143 9 0 Office expenses .. .. .. 80 0 0 Balance at end of year .. .. 498 311 Teachers'salaries and allowances .. 2,807 12 8 Examiners' fees .. .. .. 35 0 0 Other examination expenses .. .. 4 15 0 Prizes .. .. .. .. 29 6 2 Printing, stationery, stamps, and advertising .. .. .. .. 114 1 6 Cleaning, fuel, light, &c. .. .. 38 19 3 Works .. .. .. .. 5 4 6 Fencing, repairs, <ic. .. .. .. 13 2 0 Rents, insurance, and taxes .. .. 139 5 0 Keeping grounds in order .. .. 8 3 0 Interest on current account .. .. 3 17 1 Expenses on Endowment Account .. 50 18 7 Interest on loan from New Zealand Trust and Loan Company.. .. 430 10 11 Legal expenses .. .. .. 15 15 2 Chemicals and apparatus .. .. 10 16 7 Attending to arms of cadet corps .. 15 0 0 Sundries .. .. .. .. 3 6 4 F. de C. Malet, Chairman. F. G. Stbdman, Registrar and Treasurer,