REPORT OF THE EXECUTIVE COMMITTEE OF THE BOARD OF 

 REGENTS OF THE SMITHSONIAN INSTITUTION. 



(For the year eudiug 30tli of Juue, 1888.) 



To the Board of Regents of the Smithsonian Institution: 



The Executive Committee of the Board of Regents of the Smithsonian 

 Institution respectfully submits the following report in relation to the 

 funds of the Institution, the appropriations by Congress for the National 

 Museum and other purposes, and the receipts and expenditures for the 

 Institution and the Museum for the year ending June 30, 1888. 



Condition of the fund July 1, 1888. 



The amount of the bequest of James Smithson deposited in the 

 Treasury of the United States, according to the act of Congress of 

 August 10, ]846, was $515,169. To this was added, by authority of 

 Congress, act of February 8, 1867, the residuary legacy of Smithson, 

 and savings from annual income and other sources, $134,831, To this 

 $1,0U0 was added by a bequest of James Hamilton, $500 by a bequest 

 of Simeon Habel, and $51,500 as the proceeds of the sale of Virginia 

 bonds owned by the Institution, making in all, as the permanent Smith- 

 son fund in the United States Treasury, $703,000. 



Statement of the Receipts and Expenditures of the Smithsonian Institution 

 July 1, 1887, to June 30, 1888. 



KECEIPTS. 



Cash ou haudJuly 1, 1387 $1,423.14 



Interest ou the fund, July 1, 1887 ) ., ^^, „ 



Interest ou the fund, January 1, 1888 ) 



Cash from sales of publications $481. 75 



Cash from repayments of freight, etc 271. 11 



752. 86 



Total receipts $44,35(i. 00 



KXPKNDITl'KES. 



Buildiug : 



Repairs, care, and iuiprovenuiits $2, (582. 37 



Furniture and fixtures 1, 088. ()4 



$3,771.01 



Expenditures (carried over) 3, 771. 01 



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