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has been as follows. Pood, £13 Bs., clothing, £3 55., superintendence and wages, £7 Is., fuel, light, &c, £3 Bs. total, £27 2s. The boys' earnings during the year have been £312 Bs. 3d., of which £119 14s. has been deposited in the savings-bank to their respective credits. The total amount now in the savings-bank to the credit of boys is £308 7s. Id. The trustees hope that the Auckland public will be satisfied with the measure of success that has followed the working of this institution, always bearing in mind that it is God who giveth the increase. W C. Daldy, Chairman.

Balance-sheet at the 31st Decembbe, 1893. Capital Account. Dr. £ s. d. £ s. d. Cr. £ s. d. Costley bequest 12,150 0 0 Land and buildings . 996 6 6 Less expended on buildings Mortgages 9 600 0 0 (authorised by statute) 3,000 0 0 Fixed deposit 500 0 0 9,150 0 0 Balance in cash . 159 8 10 Rebecoa Hodge bequest 672 3 9 Accrued interest invested 1,433 11 7 £11,255 15 4 £11,255 15 4 Bevenue Account. Dr. £ s. d. £ s. d. Cr. £ s. d. £ s. d. To Commission Account 15 0 0 By Balance from 1892 .. 1,380 4 11 General expenses 26 1 0 Interest received .. 599 10 0 Maintenance 793 14 10 Interest on fixed deposit 25 0 0 Boys' allowance 12 9 0 Earnings Account 313 5 8 Eepairs and improvements 6 17 0 Interest on Savings bank Sundry creditors (interest Account .. 11 18 1 unpaid) 186 15 0 Accrued interest unpaid 186 15 0 Earnings Account 108 8 5 Savings-bank Account .. 66 3 2 1,149 5 3 Balance unexpended 1,433 11 7 1,202 1111 £2 582 16 10 £2,582 16 10 I certify that I have examined the books and vouchers of the Costley Training Institute, and compared them with the balance-sheet and receipts and expenditure, and find them to be correct, and that the above statements exhibit a true and correct statement of the affairs of the Institute , and I further certify that I have personally examined the mortgage deeds, and find that the sum of £9,600 is secured thereby Auckland, 12th January, 1894. A. H. Gosset, Auditor Approximate Cost of Paper. —Preparation, not given; printing (1,450 copies), £L 4s. od.

By Authority: Samuel Costall, Government Printer, Wellington.—lB94.

Price 3d.]

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