E.—7

The alterations and additions to Studholme House were completed last year, just before blaster. The house is now very commodious and convenient; but the incoming number of new students has been so great that already I have had to take outside bedrooms for eight students, though our kitchen and dining-room accommodation is still ample and sufficient, so that they can come to Studholme House for meals, and enjoy the life in the common room, open-air study, &c. The Home Science buildings are nearing completion, and I hope the formal opening will take place soon after Easter, when those interested will be able to see the beautiful rooms, and the satisfactory fittings and equipment, which the generosity of some of the citizens of Dunedin and the Education Department has provided, in order that the school may be adequately housed and allowed room for expansion and development. The number of students enrolling this year is larger than ever before, fifteen students left us last year having finished the work for the degree or diploma, but so many have entered that the number on the roll for 1920 is at present seventy-one as against fifty-nine last year. STATEMENT OP ACCOUNTS OF UNIVERSITY OF OTAGO. Statement of Cash Receipts and Payments for Yeab enoed 31st December, 1919. Receipts. £ s. d. ■ Payments. £ s. d. Balance on 31st December, 1918 .. 438 17 3 Salaries .. .. .. .. 23,295 14 9 Sundry refunds .. .. .. 257 18 2 Superannuation deductions .. .. 844 8 0 Donations, contributions, and bequests— Pees paid out— Donations for Hockcn Library .. 239 8 0 Assay fees to Professor Waters .. 7 4 0 Donations for home-science buildings . . 708 18 6 X-ray fees to operator .. .. 7 5 9 Donations for ethnology .. . . 200 0 0 Students' fees paid to professors and Donations for commerce class .. 133 16 0 lecturers .. .. .. 4,127 6 9 Estate of late Donald Iteid .. .. 5,000 0 0 Investments — Otago Hospital Board, for— Purchase of New Plymouth debentures 804 0 0 Bacteriology .. .. .. 400 0 0 Purchase of Christchurch debentures .. 7,200 O 0 Dental School .. .. .. 400 0 0 Purchase of Timaru Harbour Board Pathology Department .. .. 250 0 0 debentures .. .. .. 4,011 0 0 University of New Zealand Account, Purchase of Napier Harbour Board National Endowment .. .. 939 9 0 debentures .. .. .. 1,005 0 0 Presbyterian Church Board .. .. 1,800 0 0 Interest on University debentures .. 402 10 0 Otago Institute, for electric light .. 10 0 0 Interest on loan .. . . .. 187 10 0 Sundry donations .. .. .. 235 711 Interest advanced in purchsae of debenFees— tures .. .. .. .. 99 14 3 Students'fees .. .. .. 13,029 (i 3 Interest on overdraft and bank charges .. 16 16 3 Dental patients'fees .. .. 825 7 1 Equipment and apparatus .. .. 1,851 511 Assay fees .. .. .. .. 15 19 0 Insurance .. .. . . .. 158 4 2 Fees for bacteriological reports .. 273 15 3 Library .. .. .. . • 058 10 6 Fees for pathological reports . . .. 170 L 6 0 Materials and renewals of stock .. 1,564 15 10 Fees for chemical analyses .. .. 5 5 0 Printing, advertising, and stationery .. 888 8 0 Rents — New works — Otago runs .. .. .. 7,128 911 New Home Science School .. .. 0,093 19 0 Southland runs .. .. 974 15 8 Studholme House Additions and fur Castle Street property .. .. 310 0 0 nishiugs . . .. .. 1,380 14 10 Professors'houses .'. .. .. 225 0 0 Sundry new work .. .. .. 821 0 4 Government grants— Repairs .. .. .. ■ • 505 10 7 Statutory .. .. .. .. 5,000 0 0 Water, light, and fuel .. .. .. 859 11 5 Share of national-endowment .. 1,880 13 2 Repayment portion of loan .. .. 1,500 0 0 Subsidies on voluntary contributions .. 8,990 3 0 General expenses .. .. .. 1,148 8 8 Grant for new home-science buildings .. 6,273 0 0 Sundry payments- - Grant for Mining School . . .. 750 0 0 Scholarship .. .. .. 20 0 0 Grant for Home Science Hostel .. 500 0 0 I Bursaries, medical students .. . . 573 4 0 Grant for Bacteriology Department .. 543 08 I Bursaries, dental students .. .. 243 16 0 Grant for Pathology Department .. LOO 00 I Refund of students'fees .. .. 259 0 9 Grant for Public Analyst's laboratory . . 50 0 0 King Edward Technical College for Capitation on home-science classes '.. 809 18 2 teaching cookery .. .. .. 100 0 0 Capitation on commerce classes .. 153 3 8 Income-tax-of Professor Sale .. .. 7 10 0 Grant for medical bursaries .. .. 800 0 (I Chamber of Commerce prizes .. 0 6 0 Grant for dental bursaries .. .. 500 0 0 Payment of Registrar Aocount, Court of Interest on investments .. .. 1,133 0 0 Convocation .. .. .. 15 15 0 Miscellaneous receipts . . .. .. Mil I 11 Red roofs Hospital — Admission of students to clinical practice .. 30 9 0 £ s. d. Balance as per pass-book I ,275 6 2 I,ess cheque outstanding 243 15 10 1,031 10 4 £62,283 2 7 j £02,283 2 7

Summary of Separate Accounts.

4—E, 7,

25

Balance at Account. 31st December. 1918. £ s. d. Vrts and General j Dr. 3,221 10 0 vledical School Receipts to 3lst December, 1919. £ 8. d. 19,490 0 9 9,931 0 8 Payment! to Deficiency 31st December, of Income 1919. for 1919. £ s. d. £ s. d. 18,755 3 4 12,886 6 4 2,955 6 1 S lnoome° f How disposed of. Ba for 1919. iorwara. £ s. d. £ s. d. 735 8 5 I .. Or. 2,480 6 7 I Tra sferred to Arts and General Account D.tto j Cr. 797 9 10 dining School.. Cental School.. iome - science ; CV. 1,299 19 8 Sohool 1,415 14 9 2,215 6 10 9,401 4 4 2,174 17 10 759 8 1 3,023 17 1 808 10 3 9,90:5 M 2 502 9 10