Table XI.
QUEEN'S COLLEGE.
Morrison Scholarships-Senior and Junior,
Income and Expenditure Account for the year ending 31st December, 1925.
Expenditure.
To Scholarships
$ 850.00
„ Dock Shares
$780.00
„ Dock Shares
$780.00
Hongkong & Whampoa Dock Shares
Hongkong & Whampoa Dock Shares
Balance, Cash at Bank
$3,180.83
$5,090.83
Income.
By Balance from 1924
$3,382.71
„ Income from Dock, Lands & Electrics.
$1,639.50
„ Bank Interest
$68.62
$5,090.83
Liabilities.
Balance Sheet, 31st December, 1925.
Capital...... $5,090.83
Assets.
52 “Dock" Shares at $57 2,964.00 100"Land" Shares at $67 6,750.00 375 "Electric" Shares at $54 20,250.00 Cash at Bank 3,180.83 $33,144.83$33,144.83
E. RALPHS,
Inspector of English Schools.