Statement of Liabilities and Assets at March 31, 1940. Liabilities. £ s. d. Hector Memorial Fund Capital Account 1,184 18 1 Hector Memorial Fund Revenue Account 78 8 6 Hutton Memorial Fund Capital Account 1,506 8 6 Hutton Memorial Fund Revenue Account 149 11 10 Carter Library Legacy Capital Account 162 19 0 Carter Library Legacy Revenue Account 59 8 2 T. K. Sidey Summer-time Fund Capital Account 525 2 1 T. K. Sidey Summer-time Fund Revenue Account 54 4 8 Hamilton Memorial Fund Capital Account 67 9 10 Hamilton Memorial Fund Revenue Account 2 11 11 Cockayne Memorial Fund Capital Account 249 12 0 Cockayne Memorial Fund Revenue Account 29 11 3 Endowment Fund Capital Account 1,572 7 5 Endowment Fund Revenue Account 136 7 6 Library Fund 97 11 10 Research Grants Fund 127 0 6 Otago Daily Times Company—Vol. 69, Part 3 130 6 0 Balance of Assets over Liabilities 687 5 5 £6,821 4 6 Assets. £ s. d. Inscribed Stock 5,176 7 6 Bank of New Zealand 230 17 6 Post Office Savings Bank 881 17 4 Petty Cash in Hand 7 5 7 Sundry Debtors 58 10 10 Hector Memorial Fund—Post Office Savings Bank Account 78 8 6 Hutton Memorial Fund—Post Office Savings Bank Account 149 11 10 Carter Library Legacy—Post Office Savings Bank Account 59 8 2 T. K. Sidey Summer-time Fund—Post Office Savings Bank Account 79 4 3 Hamilton Memorial Fund—Post Office Savings Bank Account 70 1 9 Cockayne Memorial Fund—Post Office Savings Bank Account 29 11 3 £6,821 4 6 M. A. Eliott, Honorary Treasurer. The Audit Office, having examined the balance sheet and accompanying accounts required by law to be audited, hereby certifies them to be correct. Cyril Collins, Controller and Auditor-General.