# Table IX.
"Ho-Dealy-Ralphs" Scholarships.
Income and Expenditure Account for 9 months ending 31st December, 1918.
Expenditure. $ Income. $ To Scholarships 250.00 By Balance from 1917 278.66 Cheque Book 1.25 Interest on £500, 6% Exchequer Bonds... 196.46 **Balance, Cash at Bank 218.87 $465.12 $475.12Balance Sheet, 31st December, 1918.
Liabilities. $ Assets. $ To Capital (Scholarship Fund.) 3,547.20 £500 in 6% Exchequer Bonds (held by the Hongkong and Shanghai Bank, London) 8,333.33 Cash at Bank 213.87 $3,547.20 $3,547.20E. RALPHS,
Inspector of English Schools.