REPORT OF EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS 

 OF THE SMITHSONIAN INSTITUTION. 



(For tlie year ending 30th of June, 1889.) 



To the Board of Regents of the Smithsonian Institution : 



Your Executive Committee respectfully submits the following report 

 in relation to the fumls of the lustitutiou, the appropriations by Con- 

 gress for the National Museum and other purposes, and the receipts and 

 expenditures for the lustitutiou and the Museum for the year ending 

 June 30, 1889 : 



Condition of the fund July 1, 1889. 



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, 1846, 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 

 $1,000 have been 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 perma- 

 nent Smithsonian fund in the United States Treasury, $703,000. 



Statement of the receipts and expenditures of the Smithsonian Institution 

 July 1, 1888, to June 30, 1889. 



RECEIPTS. 



Cash on hand .July 1, 1888 $4, 809. 23 



Interest on fund July 1, 1888 ,$21,090.00 



Interest on fund January 1, 1889 „.... 21,090.00 



42, 180. 00 



$4(5,989.23 



Cash from sales of publications 431. 82 



Cash from repayments of freight, etc 3, 328. 71 



3, 760. 53 



Total .^)0,719. 76 



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