KEPORT OF EXECUTIVE COMMITTEE 101 



Disbursements — Continued. 



From funds for specific use, other than Freer 

 endowment : 



Investments made from gifts, from gain 

 from sale, etc., of securities and from sav- 

 ings on income $11,608.81 



Other expenditures, consisting largely of 

 research work, travel, increase and care 

 of special collections, etc., from income of 

 endowment funds and from cash gifts for 

 specific use (including temporary ad- 

 vances ) 94, 450. 36 



Reinvestment of cash capital from sale, 



call of securities, etc 164,432.67 



$270, 491. 84 



From Fi'eer endowment: 



Operating expenses of the gallery, salaries, 



field expenses, etc 67,882.17 



Purchase of art objects 213,876.72 



Investments made from gain from sale, etc., 



of securities 75, 756. 14 



Reinvestment of cash capital from sale, call 



of securities, etc 1, 431, 373. 56 



Accrued interest on bonds purchased 7, 072. 13 



1, 795, 960. 72 



Cash balance June 30, 1936 222,452.48 



Total 2, 360, 977. 90 



EXPENDITURES FOE RESEARCHES IN PURE SCEEXCE, PUBLICATIONS, EXPLORA- 

 TIONS, CARE, INCREASE, AND STUDY OF COLLECTIONS, ETC. 



Expenditures from general funds of the Institution : 



Publications $16, 555. 16 



Researches and explorations 17, 090. 34 



$33, 645. 50 



Expenditures from funds devoted to specific purposes : 



Researches and explorations 57, 669. 45 



Care, increase, and study of special collections 12, 545. 96 



Publications 6, 033. 72 



76,249.13 



Total 109, 894. 63 



The practice of depositing on time in local trust companies and 



banks such revenues as may be spared temporarily has been continued 



during the past year, and interest on these deposits has amounted to 



$925.30. 



The Institution gratefully acknowledges gifts or bequests from the 



following : 



Mrs. Laura Welsh Casey, for further contributions to Thomas Lincoln Casey 

 fund, for investigations in Coleoptera. 



