5.-FINANCIAL STATEMENT OF LOVEDALE SEMINARY,
Year ending 31st Dec. 1866.

Income.

Received from Government,

for School Fees and Board and Education of Pupils, from Trades' Departments for Board of Apprentices, for Wool, Agricultural Produce, and Rents, Interest charged against Trades' Departments for Capital advanced to them, etc., .

Received for Articles sold from remains of Stock in the

Carpenter's Department, now discontinued, Fines imposed on Apprentices, .

£400 0 0

789 15 6

95 0 0 982 19 6

130 3 4 460 12 6 6 61 11 7

296

1 15 0

2. INDUSTRIAL DEPARTMENT.

(1.) PRINTING.

Received for Goods sold and Work done during 1866,
Government Allowance for Apprentices,

£580 5 0

46 5 0

£626 10 0

0

£606 14
143 5 6

174 3 4

197 13 4

Excess of Expenditure above Income,

The value of the Stock at the end of 1865 exceeded that

£7 14 10

at the end of 1866 by

So that the total loss in 1866 is,

3 07

£10 15 5

(3.) BLACKSMITH'S DEPARTMENT.

Received for Work,
Government Allowance for Apprentices.

Total Income,