112 ANNUAL REPOET SMITHSONIAN INSTITUTION, 1912, 



That part of the fund deposited in the Treasury of the United 

 States bears interest at 6 per cent per annum, under the provisions of 

 the act of Congress of August 10, 1846, organizing the Institution, 

 and the act approved March 12, 1894. The rate of interest on the 

 West Shore Railroad bonds is 4 per cent per annum. The real estate 

 received from Robert Stanton Avery is exempt from taxation and 

 yields onl}^ a nominal revenue from rentals. 



Btatcment of receipts and disbursements from July 1, 1911, to June 30, 1912. 



RECEIPTS. 



Cash on deposit July 1. 1911 $32,425.66 



Interest on fund deposited in United States Treasury 



due July 1, 1911, and Jan. 1, 1912 $5G, G95. 12 



Interest on West Sliore R. R. bonds due July 1. 1911, 



and Jan. 1, 1912 1, 680. 00 



Repayments, rentals, publications, etc 27,643.19 



Contributions from various sources for specific purposes. 21, 150. 00 



107, 168. 31 



130. 593. 97 



DISBURSEMENTS. 



Buildings, care and repairs $5,460.36 



Furniture and fixtures 999. 16 



General expenses : 



Salaries $18, 159. 22 



Meetings 225. 75 



Stationery 702. 85 



Postage, telegraph, and telephone 675. 58 



Freight 86. 55 



Incidentals 1, 763. 52 



Garage 2, 322. 90 



Fuel and lights 87. 25 



24, 023. 62 



Library 2, 045. 93 



Publications and their distribution : 



Miscellaneous collections 4,014.72 



Reports 284. 61 



Special publications 497. 11 



Publication supplies 423.13 



Salaries 6, 681. 16 



11,900.73 



Explorations, researches, and collections 19,191.37 



Hodgkins specific fund, researches and publications 5,666.76 



International Exchanges 6. 121. 32 



Gallery of Art 252. G3 



Advances for field expenses, etc 30,872.00 



106, 533. 88 

 Balance, June 30, 1912, deposited with the Treasurer of the United 



States 33, 060. 09 



139, 593. 97 



