The Masonic Charities.

in April this year . The election has already taken place , and it is with satisfaction Ave heard that our Lincolnshire candidate Avas amongst the successful ones . There were 49 applicants , 16 were elected in consequence

of 2 death vacancies , hence 33 are left out in the cold . Up to the jiresent time 1221 boys have been admitted to the benefits of the Institution , ancl 16 more will be admitted in January next , when the

total number will be 1237 . The cost of the buildings , Avbich are constructed so that they can be adapted to receive 200 boys at a comparatively inconsiderable outlay for additional dormitory accommodation onlyAvas

, , Avith the lodges and freehold on 31 st December , 1870 , £ 47 , 116 6 s . 4 d . The Avliole of Avbich sum , Avith the exception of £ 4 , 000 part of a loan from the bankers , has been paid by the munificent charity of the Brethren .

The 1872 Statement of General Account shoAA r s : — RKCEIPTS . £ s . d . Balance in hand from 1871 916 14 5 Donations , Subscriptions , & c 7 , 894 15 2 Purchased Admissions , Presentations , & e 1 , 952 17 0 £ 10 , 764 6 7

EXPENDITURE £ s . d . £ s . d . Paid to Bankers in reduction of Loan of £ 6 , 000 2 , 000 0 0 Paid to Sustentation and Improvement Fund 1 , 100 0 0 of

Purchase - Land 284 9 11 London Office expellees : Secretary's , Clerks ' , and Collector ' s Salaries ; Stationery , Rent , Rates , Election

Expenses , & c 830 16 2 Establishment , Wood Green . Salaries of Masters , Doctor , Chaplain , & c 847 0 0 „ Household , Lodgeand

Gar-, den 2 S 5 12 9 Provisions 1 , 439 13 10 Clothing 98 G 19 o Household 901 11 3 5 , 841 13 5

Extraordinary Expenses Interest to Bankers on Loan Advances , & c 1 S 7 IS 10 Secretary ' s Annual Grant , Travelling Expenses , Collector ' s

Commission , University Fees , Summer Fete , & c 411 11 10 Gratuities and Grants to lioys on leaving tho Institution ... 119 0 0 Votes of Thanks to

Stewards for 1869 , 70 , 71 , and 72 SI 0 0 757 10 8

£ 9 , 483 14 0 Balance in hand £ 1 , 280 12 7 The Salaries of Secretary , Clerks , and Collector , are 7 per cent ., and the London Office

ExpensesRentSta-, , tionery , & c , 4 per cent , on gross receipts . The yearly cost per head of boys , as giA r en in the School Report for 1872 , is as folio AVS : — Total Cost Per

. Boy * - ' £ s . d . £ a . d . School Salaries ... 847 0 0 7 3 6 | „ Wages ... 285 12 9 2 8 5 Provisions 1 , 489 13 10 12 12 6 Farm and Garden Expenses 3 2 0 0 0 6 J Clothing 986 19 5 8 7 3 i

Coals , Gas and AVater 389 4 1 3 5 11 J School Stationery and Books 60 2 11 0 10 2 £ Bates and Taxes ... 163 15 11 17 9 Petty Expenditure , Wood Green ... 78 6 0 0 13 3 £ Educating of Boys out of Establishment 21 1 11 0 3 61 Incidental Expenses 65 1 0 0 11 0 J Furniture , Linen , & c . 120 17 5 10 6

£ 4 , 510 17 3 £ 38 i 6 £ GeneralOlliceExpenscs 830 16 2 7 0 Of Total as per " Ordinary Expenditure" £ 5 , 341 13 5 £ 45 5 4 £ To this add the division per head of extraordinary expenses not included in

the above amount , viz : £ 411 lis . 10 il ., in order to show the total gross expenses , and the entire cost of working the Charity ... 3 9 10 Also 3 i per cent , on the Buildings and Freehold , as a rental charge 14 0 0 Which makes a total , per boy , of ... j £ 62 15 2 V 2