E.—7

8

(2.) To Victoria University College, the sum of £300 for carrying on the work of the Workers' Educational Association and for University extension classes, and the balance for founding a School of Economics. (3.) To Canterbury College, the sum of £300 for carrying on the work of the Workers' Educational Association and for University extension classes, and the balance for the College library. (4.) To the University of Otago, the sum of ,£3OO for carrying on the work of the Workers' Educational Association and for University extension classes, and the balance for the Chair of Economics and History, and for the library. In exercise of its statutory functions the Board of Studies met. in Wellington in November, 1917, and its recommendations were dealt with by the Senate at its annual session. ACCOUNTS AND BALANCE-SHEETS FOR THE YEAR ENDED 31st DECEMBER, 1917. General Account. ReceipU. £ s. d. Statutory grant .. .. .. .. .. .. .. 3,000 o 0 Degree fees .. .. .. .. .. .. .. .. 695 2 0 Examination fees .. .. .. .. .. .. .. 0,627 12 0 Admission ad eundem .. .. .. .. .. .. 21 0 0 Certificates .. .. .. .. .. .. .. .. 127 3 0 Medical registration .. .. .. .. .. .. .. 140 14 0 Scholarship matriculating .. .. .. .. .. .. 18 18 0 General .. .. .. .. .. .. .. .. 119 6 5 National endowments .. .. .. .. .. .. .. 3,349 15 1 £14,099 10 6 Payments, Senate sessions .. .. .. .. .. .. .. 846 9 11 Office expenses .. .. .. .. .. .. .. 1,140 11 2 Printing, stationery, and sundries .. .. .. .. .. 1,110 2 6 Examinations — • February .. .. .. .. .. .. .. 226 3 2 Special .. .. .. .. .. .. .. 193 12 7 May 208 3 10 April .. .. .. .. .. .. .. .. 62 13 8 July 417 5 10 November .. .. .. .. .. .. .. 1,495 I 8 December .. .. .. .. .. .. .. 1,913 5 9 English agency .. .. .. .. .. .. .. 1,854 19 5 Transfers to Ordinary Scholarship Account .. .. .. .. 1.500 0 0 National endowments .. .. .. .. .. .. 3,349 1.5 1 £14,318 4 7 Balance-sheet.—General Account. Dr. £ s. d. Cr. £ s. d. Balance from 1916 .. .. .. 2,084 5 6 Payments of 1917, as per list .. .. 14,318 4 7 Receipts for 1917, as per list .. .. 14,099 10 6 Balances as under— £ s. d. Bank overdraft .. .. .. 217 8 0 Imprest, English agent .. 1,950 14 1 Potty cash .. .. 1 19 0 Post Office Savings-bank deposits .. .. 1,380 510 Due by othor accounts .. 1,000 0 0 4,332 19 5 Due to other accounts— Ordinary Scholarship 2,250 0 0 2,082 19 5 £16,401 4 0 £16,401 4 0 Balance-sheet—Ordinary Scholarship Account (including Investments). Dr. £ s. d Or. £ s. d Balance from 1916 .. .. .. 27,187 18 6 Payments of 1917 .. .. .. 1,620 14 10 Receipts for 1917 .. .. .. 2,819 15 7 Balances— £ s. d. Cash in bank .. .. 664 8 5 Inscribed stock .. .. 1,500 0 0 War certificates.. .. 325 0 0 Loans on mortgage, as per list .. .. .. 23,400 0 0 percent. 1,000 0 0 Post Office Savings-bank.. 183 9 5 Due by other accounts .. 2,250 0 0 Interest due and unpaid .. 05 0 5 29,387 18 3 Less due to General Account, £1,000; Tinline Account, 19s. .. 1,000 19 0 28,386 19 3 £30,007 14 I £30,007 14 1