6 ANNUAL REPORT SMITHSONIAN INSTITUTION, 19 30 



Disbursements — Continued. 



From funds for general work of the Institu- 

 tion — Continued. 



Researches and explorations $19, 294. 39 



International exchanges 4, 830. 35 



$67, 140. 52 



From funds for specific use other than Freer 

 endowment : 



Investments made from gifts, from gain, 

 from sales, etc., of securities and from 

 saving on income 20, 659. 95 



Other expenditures, consisting largely of 

 research work, travel, increase and care 

 of special collections, etc., from income 

 of endowment funds and cash gifts for 

 specific use 147, 063. 31 



Cash capital from sale, call of securities, 



etc., reinvested 174, 900. 30 



342, 623. 56 



From Freer endowment : 



Operating expenses of gallery, salaries, 



purchases of art objects, field expenses, 



etc 337, 207. 13 



Investments made from gain from sale, etc., 



of securities and from income 50, 045. 48 



Cash capital from sale, call of securities, 



etc., reinvested 1, 433, 233. 95 



1, 820, 486. 56 



Balance June 30, 1930 214, 870. 17 



Total 2, 445, 120. 81 



Recapitulation of receipts, exclusive of Freer funds, during the year ending 



June 30, 1930 

 General uses : 



For addition to endowment $16, 564. 55 



Reserved as income 80,309.09 



$96, 873. 64 



Specific uses: 



Gifts accretions to endowment 1, 000. 00 



Gifts for specific use not to be invested 105, 710. 88 



Cash income from endowments for addition to en- 

 dowment 6, 961. 38 



Cash income from endowments and from other 

 sources for conducting researches, explorations, 



etc 67, 316. 62 



Cash capital from sale, call of securities, etc. (to 

 be reinvested) 175,357.85 



356, 346. 73 



Total receipts exclusive of Freer funds 453,220.37 



