AnnualReport-1924 — Page 540

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Table X.

The Lugard Scholarship.

Income and Expenditure Account for the year

ending 31st December, 1924.

Income.

$

C.

Expenditure.

$

To Balance from 1923

540.89

By Scholarships

255.00

Income from In-

לי

vestments

490.00

19

Balance, Cash at

Bank

790.47

Refund

7.54

رو

Interest on Cur-

72

rent Account

7.04

1,045:47

Balance Sheet, 31st December, 1924.

Liabilities.

Capital

1,045.47

$

Assets.

$

10,290.47

On Fixed Deposit with

Hongkong & Shanghai

Bank

8,000.00

10,290.47

Hongkong War Loan

Bonds (in custody of Hongkong and Shanghai Bank)..... Cash at Bauk, in Cur-

rent Account

1,500.00

•

790.47

10,290.47

E. RALPHS,

Inspector of English Schools.

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