REPORT OE THE EXECUTIVE COMMITTEE. 



The Executive Committee respectfully submit to the Board of Ke- 

 gents the following renprt of the receipts and expenditures of the 

 Smithsonian Institution during the year 1860, with estimates for the 

 year 1861. 



RECEIPTS. 



The whole amount of Smithson's bequest deposited in the Treasury 

 of the United Sto.tes, is $515,169, from which an annual income, 

 at six per cent, is derived, of. $30,910 14 



The extra fund of unexpended income is invested as 

 follows, viz : 



In $75,000 Indiana 5 per cent, bonds, 



yielding $3,750 00 



In $53,500 Virginia 6 six per cent, bonds, 



yielding 3,210 00 



In $12,000 Tennessee 6 per cent, bonds, 



yielding 720 00 



In $500 Georgia 6 per cent, bonds, 



yielding 30 00 



In $100 Washington 6 per cent, bonds, 



yielding 6 00 



7,716 00 



Total income 38,626 14 



Balance in the hands of the Treasurer January 1, 1860, 

 $19,634 11, less the cost of $5,000 Tennessee bonds, 

 $4,600 , 15,034 11 



Total receipts 53,660 25 



EXPENDITURES. 



For building, furniture, and fixtures $2,424 76 



For general expenses.., 13,079 34 



For publications, researches, and lectures 13,852 99 



For library, museum, and gallery of art.... 7,781 21 



Total' expenditures 37,138 30 



Balance in the hands of the treasurer January 11, 1861. 16,521 95 



