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WANGANUI HIGH SCHOOL. Statement of Receipts and Expenditure for the Year ending 31st December, 1890. General Account. Receipts. & s. d. Expenditure. £ s. d. To Balance at beginning of year .. .. 2,270 02 By Office —salary .. .. .. 50 0 Transferred from Investment Account .. 665 0 0 Members' expenses .. .. .. 416 7 Leases .. .. .. 123 0 0 Printing, stationery, and advertising .. 13 10 2 Interest on moneys invested and on un- Cleaning, fuel, light, &o. .. .. 312 0 paid purchase-money .. .. 453 1 1 New school and site .. ■ .. .. 3, 448 8 0 Interest transferred from the bequest of Insurance .. .. .. .. 19 5 1 the late Dr. Roes .. .. .., 760 6 0 Interest on current account .. .. 110 Contractors' deposits .. .. 105 0 0 Proceeds of endowments invested .. 500 0 0 Legal expenses (transfers, &c.) .. .. 11 11 10 Plans and supervision.. .. .. 61 4 6 Contractor's deposit refunded .. .. 100 0 0 Balance in hand and in bank at end of year 207 18 1 £4,376 7 3 £4,376 7 3 Maintenance Account. Receipts. £ s. d. Expenditure. £ s. d. To Balance, 31st Decombor, 1889,-— By Fixed deposit transferred to General Mortgage Account .. .. ..5,730 12 11 Account .. .. .. 665 0 0 Fixed deposit .. .. .. 665 0 0 Balance, 31st December, 1890,— Transferred from General Account .. 500 0 0 Mortgages.. .. .. ..6,230 12 11 £6,895 12 11 £6,895 12 11 'Gilbert Carson, Chairman. A. A. Browne, Secretary and Treasurer. Examined and found correct. —James Edward FitzGerald, Controller and Auditor-General.

WANGANUI COLLEGIATE SCHOOL. 1. Eepoet of the Trustees. The Trustees of the Wanganui Collegiate School Estate, in presenting to the Synod a statement of receipts and expenditure for the year ending the 30th June, 1890, have again to report that the financial position is satisfactory. Notwithstanding that it has been necessary to expend a considerable sum —£129 16s. Id.—in repairs and improvements, the bank overdraft has been reduced by £85 6s. 7d. All the property belonging to the estate is occupied, the debt on the building has been reduced to £1,873 165., and the balance of liabilities over assets, as shown by the statement, amounts to £2,519 ss.' 4d., which sum is well covered by the value of the property and buildings. The school, under the able management of Mr. Empson, the Headmaster, continues to prosper, and applications for admission of pupils have to be refused owing to want of accommodation. Wellington, 24th September, 1890. O. Wellington, Chairman. 2. Statement of Receipts and Expenditure for the Year ending 31st December, 1890. Receipts. £ s. d. Expenditure. £ s. d. To Current income from reserves .. .. 750 19 0 By Balance at beginning of year .. .. 129 1 6 Refund insurances .. .. .. 212 9 Office—salary .. .. .. 40 0 0 Refund re advertising .. .. .. 016 6 Other office expenses .. .. .. 5 5 0 Balance at end of year.. .. .. 71 4 4 Other expenses of management.. .. 15 8 2 Printing, stationery, and advertising .. 5 8 0 Buildings— Purchases and new works .. .. 228 10 9 Fencing, repairs, &c... .. .. 77 17 3 Insurance .. .. .. 50 2 11 Taxes .. .. .. 71 10 0 Interest on current account, &o. .. 202 9 0 £825 12 7 £825 12 7 O. Wellington, Chairman of Trustees. E. N. Liffiton, Treasurer. Audited and found correct, in accordance with the books of the Trust.—A. C. Ritchie, Auditor. Wanganui, sth January, 1891.

3. Work of Highest and Lowest Classes. Highest. Latin, Greek, French, science, English, mathematics, drawing. Lowest.—Latin, English; arithmetic, reading, writing, history, geography.