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Balance-sheet as at 31st December, 1922. (Statement No. 2.) Liabilities. Assets. £ s. d. £ s. d. Sundry creditors— .. £ s. d. £ s. d. Balance from Statement No. 1 .. 24111 7 Trade creditors .. 201 15 0 Cash at Bank of New ZeaStudents' fees in ad- land— vance .. .. 2 10 0 General Account .. 11,794 14 8 Superannuation Fund 94 2 6 Imprest Account .'. 0 15 5 298 7 6 Cash in handChamber of Commerce Scholarship unox- General Imprest Acpended .. .. .. .. 20 0 0 count .. .. 28 19 7 Now Building Fund .. .. .. 5,931 7 2 Biology Imprest AcWorkers' Educational Association .. 392 510 count .. .. 315 10 Endowment sales .. .. .. 10,246 0 0 11,828 5 6 Revenue Account— Sundry debtors— Balance, Ist January, Rent in arrears .. 505 18 5 1922 .. .. 8,888 10 4 Mortgage interest in Less — Refund from arrears .. .. 676 4 6 1919, £20; Wilson Students' fees in arrears, bequest, £500; 1921 .. .. 139 0 0 W.E.A. funds, £703 Students'fees in arrears 10s. lOd. .. .. 1,223 10 10 1922 .. .. 917 6 7,064 19 6 W.S.Gray.. .. 21 9 0 Add—Refund on engi- State Forest Service .. 0 6 8 noering equipment, 1,352 10 1 £1,835 ss. lid.; Mortgage investments .. 3,525 0 0 refund on Arts Build- Auckland City Council doing, £1,455 ; archi- bentures ' .. .. 400 0 0 tects' deposits un- 3,925 0 0 claimed, £42 .. 3,332 511 Endowment sales investment — 10,997 5 5 Auckland City Counoil Excess of expenditure over income .. 223 5 0 debentures .. 10,200 0 0 War-loan certificates .. 46 0 0 10,246 0 0 Unexpired insurances .. .. 68 7 9 £27,662 0 11 £27,662 0 11 1 Fredk. M. Sanoar, Acting-Registrar.

C. REPORT OF THE VICTORIA UNIVERSITY COLLEGE COUNCIL. (The Victoria College Act, 1905.) Visitor. —The Hon. the Minister of Education. Members of Council. Chairman. —P. Levi, Esq., M.A. Appointed by Governor-General in Council —A. R. Atkinson, Esq., 8.A., and Sir Robert Stout, P. 0., K.C.M.G. Elected by Court of Convocation —C. Watson, Esq., 8.A.; W. H. Morton, Esq., M.lnst.C.E.; P. Levi, Esq., M.A.; and A. Fair, Ksq., LL.B. Elected by teachers in primary schools —H. A. Parkinson, Esq., M.A., and F. H. Bakewell, Esq., M.A. Elected by members of Education Boards —F. W. O. Smith, Esq.," and R. McCallum, Esq. Appointed by Wellington City Council—M. F. Luckie, Esq. Elected by teachers in secondary schools and technical high schools—E. K. Lomas, Esq., M.A., M.Sc. Elected by governing bodies of secondary schools—T. Forsyth. Esq. Elected by the Professorial Board—E. J. Wilson, Esq., M.A., B.Sc., and J. Adamson, Esq., M.A., LL.B. Staff. Professors.—Classics—J. Rankine Brown, M.A. English —H. Mackenzie, M.A. Modern Languages— E. J. Wilson, M.A., B.Sc. (Chairman). Philosophy—T. A. Hunter, M.A.,. M.Sc. History—F. P. Wilson, M.A. (Dean of Faculty of Arts). Economics —B. E. Murphy, M.A., LL.B., B.Com. Education—J. S. Tennant, M.A., B.Sc. Mathematics—D. M. Y. Sommerville, M.A., D.Sc., F.R.S.E., F.N.Z.lnst. Biology—H. B. Kirk, M.A., F.N.Z.lnst. Physics—E. Marsden, M.C., D.Sc, F.N.Z.lnst., and D. C. H. Floranoe, M.A., M.Sc. Chemistry— P. W. Robertson, M.A., M.Sc, Ph.D. Geology—C. A. Cotton, D.Sc, A.0.5.M., F.G.S. (Dean of Faculty of Science). Law —J. Adamson, M.A., LL.B. (Dean of Faculty of Law), and J. M. E. Garrow, 8.A., LL.B. Registrar —G. G. S. Robison, M.A. Librarian —B. H. Ward, B.A.