O 47
Table XII.
QUEEN'S COLLEGE.
Ho-Dealy-Ralphs" Scholarships.
(Comprising Ho Wing, Ho Iu, Ho Kwong, Dealy, Ralphs, Scholarships)
Income and Expenditure account for the year ending December, 1924.
Expenditure.
$
C.
Income.
$ c.
To Scholarships
250.00
By Balance from 1923
119.18
""
Balance, Cash at Bank 112.27
""
Interest on£550,5 %
War Loan to 1.12.23
226.75
22
Cheque (Feb. 19th).
16.34.
Liabilities.
To Capital
$362.27
Balance Sheet, 31st December, 1924.
$
C.
4,743.85
$4,743.85
Assets.
£550 in 5% War Loan 1922/1924 (held
by the Hongkong and Shanghai Bank, London), at 2/4
(exch. rate on De- cember 31st, 1924)
$362.27
€
c.
4,631,58
Cash at Hongkong &
Shanghai Bank
112.27
$4,743.86
E. RALPHS,
Inspector of English Schools.