E.—6

4

Interest Account, Loan No 2 (Building Pur-poses), 1882, £15,000 at 6 per cent. £ s. d. £ s. d. Prom General Account .. .. .. 924 19 11 Interest paid to 31st December, 1896 .. 900 0 0 to date of repayment of loan .. 24 19 11 £924 19 11 £924 19 11

Debentures Sales Account: £15,000 to repay Loan No. 2, £800 for Reclamation Works. £ s. d. £ s. d. 158 Debentures.issued, of £100 each, at 4J Old loan (No. 2) debentures paid off ..15,000 0 0 percent. .. .. .. .. 15,800 0 0 Transferred to Reclamation Loan Account 800 0 0 £15,800 0 0 £15,800 0 0

Reclamation Works Account. £ s. d. £ s. d. From Debentures Sales Account.. .. 800 0 0 Balance, 31st March, 1897 .. .. 800 0 0

Balances. Cr. £ s. d. Cr. £ s. d. General Account .. .. .. 1,346 10 6 General Account, Bank of New Zealand .. 1,378 4 8 Richardson Scholarship.. .. .. 759 1 10 Richardson Scholarship Account.. .. 0 12 9 Sir Walter Scott Scholarship .. .. 289 8 5 Sir Walter Scott Scholarship Account .. 4 8 5 Taieri Scholarship .. .. .. 250 3 5 Maeandrew Scholarship Account.. .. 34 13 5 Women's Scholarship .. .. .. 531 17 9 i Macgregor Prize Fund Account .. .. 9 0 0 School of Mines .. .. .. 67 18 11 Smart Prize Fund Account .. .. 106 0 0 Maeandrew Scholarship.. .. .. 732 14 5 ! Mortgage .. .. .. .. 600 0 0 Macgregor Prize Fund .. .. .. 109 4 1 ! Fixed deposits .. .. .. .. 3,472 4 10 Stuart Prize Fund .. .. .. 106 0 0 Reclamation Works Account .. 800 0 0 Dr. 5,605 4 1 Women's Scholarship Account .. £5 4 0 Outstanding cheques .. .. 607 0 9 612 4 9 £4,992 19 4 £4,992 19 4

A. Hamilton, Eegistrar. Examined and found correct.—J. K. Warburton, Controller and Auditor-General.

B. —Report of the Dean of the Medical School. Sic, — University of Otago, Dunedin, 12th July, 1897. As requested, I beg to present the following report on the Medical School during the past year:— Graduates. —Two of our students (Miss M. B. Cruikshank and Mr. A. E. A. Palmer) were admitted to the degrees of Bachelor of Medicine and Bachelor of Surgery of the University of New Zealand. Attendance of Students. —The number of students attending classes this session is seventythree, as against sixty-five in 1896, and fifty-nine in 1895. Eight of these have passed the second professional examination of the New Zealand University, and are in their last year of study. Twelve have passed their first professional examination, while the intermediate examination has been passed by twenty-three. The following table shows the class attendance during the sessions 1895, 1896, and 1897 :— 1897. 1896. 1895. ' 1897. 1890. 1895. Physics .. .. .. 19 24 16 Practical pathology.. .. ..11 11 3 Practical physics .. .. .. 18 24 15 Surgery .. .. .. .. 22 10 15 Biology .. .. .. .. 21 22 18 Operative surgery .. .. .. 14 Practical biology .. .. .. 19 22 22 Clinical surgery .. .. .. 39 26 Chemistry .. .. .. .. 21 20 23 Medicine .. .. .. .. 20 13 6 Practical chemistry .. .. 18 25 20 Clinical medicine .. .. .. 12 14 Organic chemistry .. .. .... 7 8 Medical jurisprudence and public Anatomy .. .. .. ..33 24 27 health .. .. .. ..8 2 3 Practical anatomy .. .. .. 31 25 28 Materia medica .. .. .. 19 18 9 Physiology.. .. .. ..25 26 18 Midwifery and gynoeology .. ..21 12 9 Practical physiology .. 15 16 13 Diseases of the eye .. .. .. 12 .. 4 Pathology .. .. .. .. 12 12 3 Mental diseases .. .. .. 12 .. 5 It will be seen from the above table that not only has the number of students in the school increased, but also that a larger proportion complete their course here than was the case formerly. Operative and Practical Surgery is now a distinct class, held during the summer session. This new arrangement enables the teacher to give much more thorough instruction in the very important matters dealt with than was possible when the_y were taken up as part of the winter course on Systematic Surgery. The Anatomical and Pathological Museum, owing to lack of funds, has unfortunately not made much progress during the past year. A number of valuable specimens have, however, been