# Table X.
"Lee Hy-san" and "A. W. Grant" Scholarships.
Income and Expenditure Account for the year ending 31st December, 1918.
Expenditure. $ c. Income. $ c. To Scholarships 100 .00 By Balance from 1917 85 .64 Donation 15 .61 Interest on $2,000 Hongkong 6% War Loan 120 .00 Cheque Book 1 .25 Balance, Cash at Bank 120 .00 221 .25 221 .25Balance Sheet, 31st December, 1918.
Liabilities. $ c. Assets. $ c. Capital 2,000 .00 $2,000 6% War Loan Bonds (held by the Hongkong & Shanghai Bank) 2,120 .00 Cash at Bank 120 .00 2,000 .00 2,120 .00E. RALPHS,
Inspector of English Schools.