# Table IX.

#"Ho-Dealy-Ralphs" Scholarships.

Income and Expenditure Account for 9 months ending 31st December, 1920.

Expenditure. $ c. Income. $ c. To Scholarships. 250.00 By Balance from 1919 160.72 Cash 90.00 ?? Cheque Book 1.25 Interest on £500, 6% Exchequer Bonds Balance, Cash at Bank 175.01 to April 1st 60.13 "" Cheque 41.88 Interest to July 20th 73.53 $426.26 $426.26

Liabilities. Assets. To Capital £500 in 6% Exchequer Bonds, (held by the Hongkong and Shanghai Bank, London) at 3/21 (exch. rate on December 31st 1920) 3,137.25 Balance Sheet, 31st December, 1920. 3,312.26 Cash at Bank 175.01 $3,312.26 $3,312.26 $3,312.26

E. RALPHS,

Inspector of English Schools,

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