i8 



CARNKGI^ INSTITUTION OF WASHINGTON. 



Cost of Site, Admin- 

 istration Building, 

 and Its Equipment. 



A summary statement of the items which go to make 

 up the total cost of the site, construction, and equipment 

 of the Administration Building is given in the following 

 table : 



In connection with the information furnisht by the last table, it is of in- 

 terest to note that the "building fund" set aside in 1902 has sufficed not only 



to defray the costs of the site and of the construction of 



Status of Budding ^^e Administration Building, but also to pay for nearly all 



of its equipment, including fixtures and furniture, the 



total cost of which latter, as shown by the table, being $18,534.13. The 



amount of the "building fund" and the interest thereon up to the end of the 



year 1909, when the building was completed, are shown as follows : 



Amount of investment $250,000.00 



Interest, 1903 1,500.00 



1904 8,500.00 



1905 10,375 .00 



1906 10,501.80 



1907 10,000.00 



1908 10,000.00 



1909 9,038.89 



Total 309,915-69 



It should be stated also in this connection that interest-bearing railway 

 securities of the nominal value of $100,000 are still held from this "building 

 fund," subject to demand call from the current cash account of the Institu- 

 tion. This retention has been made possible by reason of the relativly large 

 sum pledgd but not promtly cald for by the publication account, and by 

 reason of conservativ attention to current expenses and to bank balances. 



