review by the said University Court, in terms of the said Act of Parliament, 21 and 22 Victoria, cap. 83: And we, with special consent, approbation, and concurrence foresaid, do hereby declare, that we and our successors in office shall have full power to lay out and invest said mortified sum on good and approved Heritable Securities, or in the purchase of well secured Feuduties, or of Debentures of well established lines of Railway, or in the purchase of Government Stock, and when we or they see fit to call up and realize said investments, and to reinvest the same on like securities: And we and our foresaids shall be noways liable for the sufficiency or insufficiency of the security or securities on which the said sum or any part thereof is invested: And we and the said Sir David Baxter consent to Registration hereof for preservation.-In witness whereof.

Annual Salaries, etc.

Annual SALARIES (EXCLUSIVE OF CLASS FEES) ATTACHED TO THE OFFICE OF PRINCIPAL, AND TO THE PROFESSORSHIPS, ASSISTANTSHIPS, AND EXAMINERSHIPS IN THE UNIVERSITY, BY ORDINANCE OF UNIVERSITIES' COMMISSIONERS.

STATEMENT

SHEWING THE INCOME AND EXPENDITURE OF THE UNIVERSITY FOR THE YEAR 1866-67, AND

CAPITAL IN 1868.

The University is maintained-1. By interest, &c., accruing from Capital Funds in charge of the Senatus Academicus; 2. by Annual Payments made from Crown and Parliamentary Grants, and from Leith Dock * This includes £100 formerly paid to the Regius Keeper of the Botanic Garden.

Dues; 3. by Matriculation, Graduation, and other Fees, paid annually; and 4. by payments made annually by public bodies or private persons, from Bursary Funds, of which neither principal nor interest is in the hands of the Senatus. The income derived from the last of these sources is omitted from the present Statement, because the Senatus have not hitherto been able to obtain the information necessary for determining its amount. The total amount is believed to be about 1600 annually. The Senatus have no control over these funds or the application of them. N.B.-Shillings and pence omitted.

A.-CAPITAL IN CHARGE OF THE SENATUS ACADEMICUS, As at May 1, 1868.

I.

SPECIALLY DESIGNED BY DEED, STATUTE, OR ORDINANCE.

1. For Salaries of Professors, viz :—

(1.) Pulteney Found. (Agricul. Chair), £938 o
(2.) Thomson Found. (Nat. His. Chair), 1, 118 0
(3.) Muir Foundation (Sanskrit Chair), 4,000 o
(4.) Reid Foundation (Music Chair), 12,000
(5.) Baxter Found. (Engineering Ch.), 5,000
TOTAL Prof. Salary Fund,

2. For Expenses of Class and Assistants (Music Chair), 3. Class Expenses (Engineering Chair),

4. Reid Commemoration Concert,

5. Scholarships and Bursaries, viz. :—

(1.) Macpherson Bursary,
(2.) Jardine Bursary,

(3.) Short Bursary,
(4.) Tarsappie Bursary,

(5.) Pitt Scholarships,

(6.) Baxter Scholarships,

£2,688 0
800

O

200 O

100

3,654 O 6,000 o

£23,056 0 8,500 0

1,000 O 8,000

(7.) Mackenzie Scholarship,

(8.) Gray Scholarship,

(9.) Tyndall Bruce Scholarships and

Bursaries,

3,000 O

1,750

10,267 0

2,500

TOTAL Bursary Funds,

1,000 2,500

2,500 0
2,000 O

1,000

O O O O O O

(19.) Shaw Scholarship,

925 4, 100

6. For Prizes, viz. :-Hope Prize Fund,

47,664 o 2,060 0

I.

£659 0

B.-INCOME OF THE UNIVERSITY, 1865-66.
INCOME DESTINED BY DEED, Statute, or Ordinance.

1. For Salaries of Professors :

(1.) From Interest, &c., of Funds in
Charge of the Senatus. See
Statement of Capital, A. I. I,'

* £699 0 O

(2.) From Leith Dock Bonds,
(3.) From Parliamentary Grants prior
to University Commission,

(4.) From Parliamentary Grants by
Financial Ordinance of Uni-
versity Commission, including

1,099 O O

1,210 O O

half of Sanskrit Chair Salary, 3, 104 0

(5.) From Deanery of the Chapel Royal, 1,008 o
(6.) From Land Revenues of the Crown,

(7.) Foundation for Conveyancing

Chair, paid yearly by Society

of Clerks to H. M. Signet, .

100 O

2. For Class Assistants and Class Expenses :

(1.) From Reid Fund for Music
Chair. See Statement of
Capital, A. I. 2,

(2.) From the Gen. Univ. Fund, for the
Chairs of Chemistry, Nat. Phi-
losophy, Anatomy, Materia
Medica, and Med. Jurispr.,

105 0

£300 0

735 O

£1,035 0

0 £7,325 o

O

* No interest yet drawn for A. I. 1 (5.)

Carry forward,

3. For Non-Professorial Examiners in Arts and Medi

cine, from New Parliamentary Grant, 4. For Scholarships and Bursaries :— (1.) From Capital Funds in charge of Senatus. See Statement of Capital, A. I. 4,*

(2.) From Leith Dock Bonds,

5. For Reid Commemoration Concert, from Reid Fund,

£1,905 0
381 0 O

2,286 o

See A. I. 3,

300 0 O

II.-DISPOSABLE INCOME OF General UniVERSITY FUND 1866-67.

*No interest payable last financial year from Nos. 2, 17, 18, and 19.

11,886 0

£19,208 0