RHPORT OF THE EXECUTIVE COMMITTEE. 39 



Financial Statement. 



ASSETS. I^IABILITIES. 



Endowment $10,000,000.00 



Reserve fund and accrued interest 270,375.00 



Bonds (original cost) : 



U. S. Steel Corporation bonds, 5 % |io,ooo,ooo.oo 



|ioo,ooo Atch., T. & S. Fe Ry. Co. bonds, 4 % 100,112.50 



f 100,000 Northern Pacific Ry. Co. bonds, 4 % 101,800,00 



$50,000 Northern Pacific-Great North. 4 % 



joint bonds 46,500.00 



$50,000 Lake Shore & Michigan South., 4 % 



L. bonds 48,222.22 



$50,000 Central Pacific first bonds, 4 % 5i,937-5o 



Real Estate and Equipment : 



Furniture 4.342.24 



Station for Experimental Evolution : 



Construction (bldgs., grounds, &c.) $21,347.31 

 Equipment, apparatus, &c 1,854.50 



Tortugas Marine Biological Laboratory : 



Construction (bldgs., grounds, &c.) 5,306.13 



Equipment, apparatus, &c 1,768.35 



Yacht and tender 6,533.00 



Desert Botanical Laboratory : 



Construction (building) 4,101.55 



Equipment, apparatus, &c 2,008.81 



23,201.81 



13,607.48 



6,110.36 



Property investment (aggregate cost) 47,261.89 



Grants : 



Large 87,332.23 



Minor and research assistants 9°.830-54 



Publication 85,307.68 



Administration 3i>476.67 



Cash 468,295.92 



Unappropriated fund 25 1 ,546.02 



10,864,130.03 10,864,130.03 



I hereby certify that I have audited the accounts of the Carnegie Institution 

 of Washington, covering the year ending October 31, 1905, and found the above 

 statement correct and true to the best of my knowledge and belief. 



J. E. Bates, Public Accountant and Auditor. 



Carroll D. Wright, Chairman, 



Charles D. Walcott, Secretary, 



John S. Billings, 



Daniel C. Oilman, 



S. Weir Mitchell, 



Elihu Root, 



Robert S. Woodward, 



Executive Committee. 



Washington, D, C, November, 1905. 



