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Balance-sheet for Nine Months fnding 81st December, 1915. Liabilities. £ s. d. Assets. £ s. d' Capital Aooount £ s. d. Stock Exchange debentures .. .. 1,800 0 0 Sales of property .. 3,801 14 9 Dunedin City Tramway debentures .. 2,689 9 0 Dunedin Savings-bank 6,500 0 0 New Zealand Government debentures .. 10,060 0 0 Wolff Harris Endowment 2,100 0 0 Borough of Mornington debentures .. 700 0 0 Subscribed fund .. 2,249 0 0 Eees overpaid to professors .. .. 0 2 0 Mrs. Lothian's bequest. . 600 0 0 Homo Science Hostel, one-third salary of 15,250 14 9 demonstrator .. .. .. 37 10 0 Arts and General Account . . .. 237 12 5 Mrs. Leask's Trust . . . . .. 4 17 8 Chamber of Commerce, donation for prizes Eees short-banked .. .. .. 10 0 not yet expended .. .. .. 10 10 0 Bank of New Zealand, credit balance .. 2,146 5 3 Chemistry Apparatus Eund .. . . 43 14 8 Eees due to Professors .. . . 5 5 0 Bacteriological Laboratory Eund . . 36 10 I Itocken Library Fund .. .. 151 11 3 Home Science School .. . . 456 6 0 Otago Hospital Board, to dental patients' fees' .. .. .. .. 28 16 7 Income-tax Department Account .. 3 2 6 Pathological Block, Professor's salary for nine months .. .. . . 525 0 0 University of New Zealand, amount of grant unspoilt .. .. .. 690 0 8 £17,439 3 II £17,439 3 11 Debentures owing to Univorsity . . £8,000 0 0

F. REPORT OF THE CANTERBURY AGEICULTUEAL COLLEGE, 1915. (Tho Canterbury College and Canterbury Agricultural College Aot, 1896.) Visitor. —His Excellency the Governor. Board of Governors. Appointed by His Excellency the Governor —W. P. M. Buckley, Esq., B.A. Elected by members of the Legislature—H. A. Knight, Esq. (Chairman) ; R. W. Lochhead, Esq. ; and G. Rennie, Esq. Eleoted by governing bodies of agricultural and pastoral associations—J. Deans, Esq.; T. Blaokley, Esq.; and B. Tripp, Esq. Staff. Director. — R, E. Alexander. Lecturer on Veterinary Science.- -A. Taylor, M.A., M.R.C.V.S. Lecturer on Chemistry.— L. J. Wild, M.A., F.G.S. l/ecturer on Biology. —P. W. Hilgendorf, M.A., D.Sc. Lecturer on Applied Mathematics. —C. VV. Foster, M.N.Z.I.S.

REPORT OF THE DIRECTOR. Sir, — 1 have the honour, by direction of the Board of Governors, in pursuance of the Canterbury College and Canterbury Agricultural College Act, 1898, to submit the following report on the work of the institution for the year ending 31st December, 1915 : — The Board records with regret the death of the Hon. E. C. J. Stevens, who had been a member of the Board since its formation, and Chairman for sixteen years, and had always taken a deep interest in the work and welfare of the College. Forty-nine students were enrolled in 1915, the average number in residence being about 10 per cent, under the number for which accommodation is provided. The smaller attendance is due to the fact that all boys of military age have volunteered for active service. I am glad to be able to state that the work of the students on the farm and in the College was on the whole satisfactory, although on some of our older boys the war had an unsettling effect, which militated against their putting undivided effort into the College-work. The competition for scholarships and prizes offered by the Board was just as keen as formerly. Twenty-nine students left the College during the year : sixteen of these left at various times during the year (as they became eligible for military service) to go into camp, and several of the remainder have volunteered since leaving. Five students completed the full three-years course and passed all their examinations, and were awarded the diploma of the College. As in former years, we are indebted to a number of public bodies and friends for presenting the College with very valuable trophies to be given as prizes to the students. These gifts are very much appreciated by both staff and students, as they stimulate a very wholesome spirit in . the general work of the College. Students, as usual, competed at the competitions for judging stock and sheep-shearing promoted by the Canterbury Agricultural and Pastoral Association at the Metropolitan Show, and gained all the awards but one. Mr. Alex. Taylor, M.R.C.V.S., lecturer on veterinary science, volunteered and was accepted for active service in Egypt. An arrangement has been made with Mr. A. A. Johnson, M.R.C.V.S., to carry on his work until he returns. Mr. Foster, accountant and lecturer on surveying and mathematics, resigned in September. It was found impossible to fill the position, and temporary arrangements have been made for carrying on the work. The wheat-breeding experiments are still being carried on. The dry winter and spring, unfortunately, had a very serious effect on many of the plots, and work on many of the selections has been set back. From one of the selections, from Hunter's wheat (named " College Hunters "), a fairly la*ffie area was sown in 1915 not only on the College farm, but by farmers

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