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bearance manifested by all who are concerned therein, both here in Invercargill and at headquarters in Wellington. The many teachers, too, with whom I have had to do were most obliging, and to all concerned I can only tender my sincere thanks. I have also to acknowledge the fairness of the Central Department at Wellington in responding to the various claims for grants and capitation made during the year. Through the generosity of the Board, 1 was enabled to visit the Technical Schools in Auckland, New Plymouth, Stratford, Hawera, Wanganui, Napier, Wellington, Christchureh, and Timaru, where on every hand I received the most generous consideration. The tour was full of interest, and I gained much valuable information which I hope to make available in the service of the Board. I desire here to record my thanks to all with whom I came in contact, and who assisted to make my tour helpful and highly instructive. The balance-sheet refers to a period of nine months only. Hitherto the year has closed on the 31st March, by which time most of the grants on the year's operations were received from the Education Department. This was inconvenient, however, as the Treasurer's general statement was made out to the 31st December, and so it was decided to close the general account and the detailed account at the same period. This explains the apparent loss of £738 18s. 10d. on the year's operations. However, the assets at the 3lst December, representing capitation payments earned and other grants due, amounted (subject to correction) to about £1,300. Most of this has already been received, so that the finances are still buoyant. Balance-sheet for Nine Months ended 31st December, 190J/.. Receipts. £ s=. d. Expenditure. £ s. d. Balance from year 1903 .. .. .. 512 19 10 Central Account— Central Account— Advertising and printing .. .. 13 10 0 Refund rent from Government .. .. 10 0 Apparatus .. .. .. .. 33 5 10 Students' fees .. .. .. 106 18 6 Material .. .. ' .. .. 42 11 11 Government capitation .. .. 72 10 9 Salaries .. .. .. .. 211 4 0 Material refunded .. .. .. 24 19 8 Rent of rooms .. .. .. 3 0 0 Junior Scholarship capitation .. .. 27 13 6 Rent of section .. .. .. 2 10 0 School Technical Account (Invercargill)— Rates on new section .. .. .. 4 7 7 Grant for furniture and fittings .. 43 I 8 Janitor and lighting .. .. .. 13 13 4 Grant for permanent apparatus .. 49 9 8 Administration expenses .. .. 100 0 0 Voluntary contributions for prizes .. 4 0 6 Schools Technical Account (Invercargill)— Schools Technical Account (Gore) — Salaries .. .. .. .. 110 18 7 Refund rent from Department .. .. 23 2 6 Material .. .. .. .. 30 2 6 Government grant for furniture and fit- Furniture, fittings, and apparatus .. 101 16 8 tings .. .. .. .. 17 5 7 Sewing-machines .. .. .. 70 0 0 Government grant for refund material .. 9 0 2 Prizes .. .. .. .. 3 12 6 Schools Standard Account— Miscellaneous .. .. ' .. 110 0 Capitation on school classes .. .. 23 9 0 Schools Technical Account (Gore) — Government grants forpermanent material 40 8 4 Rent of Technical School .. .. 32 10 0 Mataura Technical Account — Sohools Standard Account — Students' fees .. .. .. 19 0 0 Non-permanent material .. .. 119 11 1 Refund rent from Government.. .. 0 10 0 Permanent material .. .. .. 47 2 0 Teachers' Training Account — Government Furniture and fittings .. .. 0 17 8 grant for material .. .. .. 29 12 1 Teachers' Training Account— Balance .. .. .. 224 19 0 Salaries .. .. .. 128 10 0 Material .. .. .. .. 56 14 5 Coach fares paid .. .. .. 15 15 0 Teachers' hotel expenses .. .. 6 0 0 Miscellaneous, janitor, &c. .. .. 9 15 6 Administration (two years) .. .. 33 5 0 Central Building Account—Lining wall .. 17 0 Mataura Technical Account— Salaries .. .. .. .. 27 12 6 Rent of rooms .. .. .. 0 13 0 Printing syllabuses .. .. .. 0 9 6 Lighting and cleaning .. .. .. 19 9 £1,229 15 4 £1,229 15 4 W. A. McCaw, Director of Technical Instruction. Approximate Cost of Paper.— Preparation, not given ; printing (3,750 copies i, £45.

By Authority: John Mackay, Government Printer, Wellington.—l9os.

Price Is. 3d.]

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