IIEI^ORT OF THE EXECUTIVE COMMITTEE OF THE BOARD OF 

 REGENTS OF THE SMITHSONIAN INSTITUTION. 



(For the year eudiiig 30tli of June, 1888.) 



To the Board of Eegent.s of the Smithsonian Institution: 



The Executive Conimittee of the Board of Re.ueiits of tlie Sniithsoiiian 

 lustitutiou respectfully submits the following report iu 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. 



Gondition of the fund Jultj 1, 1888. 



The amount of the becpiest of James Smithson deposited in the 

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

 August 10, 1846, was $515,109. To this was added, b}-- authority of 

 Congress, act of February 8, 18C7, 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 becpu-st 

 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 Smitii- 

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



Statement of the Receipts and Expenditures of the Sinithsonian Institution 

 July 1, 1887, to June 30, 1888. 



HKCKIPTS. 



Cash on liaudJiily 1, 1387. $l,4-,>:?. 1-1 



Interest on the fnnd, July 1, 1887 > ,., -.^^ qq 



Interest on the fund, January 1, 1888 ^ 



Casli from sales of i)ublications p\H\. 75 



Cash from repaymen ts of freight, etc '27 1 . 11 



752. 8t) 



Total receipts $44,35(5.00 



i:XI'KNI>ITt:UF:.S. 



Building : 



Repairs, care, and iiuprovenionts $2,682. 37 



Furniture and lixtnres 1, 088. 64 



$:?,771.01 



Expenditures (carried over) :?, 771.01 



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