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# Table XII.
## QUEEN'S COLLEGE.
### Ho-Dealy-Ralphs" Scholarships.
(Comprising Ho Wing, Hou, Ho Kwong, Dealy & Ralphs, Scholarships)
Income and Expenditure account for the year ending 31st December, 1925.
### Expenditure.
To Scholarships $ C. 250.00 2.50 ### Income. C. By Balance from 1924 112.27 " Interest on £550, 5% War Loan to 1.12.24 230.75 Cheque 25.49 Cheque Book " Balance, Cash at Bank 116.01### Liabilities.
To Capital $368.51 ### Balance Sheet, 31st December, 1925. $ C. ### Assets. £550 in 5% War Loan - 1922/1925 (held by the Hongkong and Shanghai Bank, London, at 2/4 exchange rate 31st December 1925)... 4,747.59 Cash at Bank 116.01 $4,747.59 $368.51 $0. 4,631.58 116.01 $4,747.59E. RALPHS,
Inspector of English Schools.