66 EEPORTS OF COMMITTEES. 



EEPOl^T or THE EXECUTIVE COMMITTEE. 



The Executive Committee respectfully submit to the Board of Ee- 

 gents the following report of the receipts and expenditures of the 

 Smithsonian Institution during the year 1857, witli estimates for the 

 year 1858 : 



KECEIPTS. 



The whole amount of Smithson's bequest deposited in 

 the treasury of the United States is $515,169, from 

 which an annual income, at 6 per cent., is derived, of $30,910 14 



Extra fund from unexpended income invested as 

 follows : 

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



yielding $3,750 00 



In $53,000 Virginia 6 per cent, bonds, 



yielding 3,210 00 



In $7,000 Tennessee 6 per cent, bonds, 



yielding .^ 420 00 



In $500 Georgia 6 per cent, bonds, yield- 

 ing 30 00 



In $100 Washington 6 per cent, bonds, 



yielding 6 00 



7,416 00 



38,326 14 

 Balance in hands of Treasurer Janu- 

 ary 1, 1857 7,164 32 



Total receipts $45,490 46 



GENERAL STATEMENT OF EXPENDITURES. 



For building, furniture, and fixtures „ $4,062 65 



For items common to the different objects 



of the Institution 13,035 18 



For publications, researches, and lectures. 11,051 52 

 For library, museum, and gallery of art.. 6,999 81 



$35,149 16 



Balance in the hands of the Treasurer January 1, 



1858, of which $5,000 belongs to the extra fund. 10,341 30 



