126 ANNUAL REPORT SMITHSONIAN INSTITUTION, 1D25 



Expenditures : 



Operating expenses of the pallery, salaries, pur- 

 chase of art objects, field expenses, and inci- 

 dentals $99, 744. 53 



Investments in sinking fund, including interest 84, 445. 7o 



Total expenditures .$184, 190. 26 



Balance June 30, 1925 78, 117. 11 



SUMMARY 



Total balances of all funds, July 1, 1924 , 102, 565. 16 



Receipts during year ending June 30, 1925 : 



Parent fund for general expenses G2, 507. 06 



Revenue and principal of funds for specific objects, except Freer 



bequest 148, 252. 88 



Freer bequest 231, 073. 64 



Total 544, 398. 74 



Exi)enditures : 



General expenses of the Institution i 59,921.20 



Specific objects, except Freer bequest 128,334.53 



Freer bequest 184, 190. 26 



Total balances of all funds June 30, 1925 171,952. 75 



Total 544, 398. 74 



All payments are made by check, signed b}' the Secretaiy of the 

 Institution, on the Treasurer of the United States, and all revenues 

 are deposited to the credit of the same account. In some instances 

 deposits are placed in bank for convenience of collection and later 

 are withdrawn in round amounts and deposited in the Treasury. 



The practice of investing tem])orarily idle funds in time deposit? 

 has proven satisfactory. During the 3ear the interest derived from 

 this source, together with other similar items, has resulted in a total 

 of $1,610.15. 



The following appropriations for the Government bureaus under 

 the administrative charge of the Smithsonian Institution were made 

 by Congress for the fiscal year 1925 : 



Bureau : Appropriation 



International Exchanges $49, 550. 00 



American Ethnology 57,160.00 



International Catalogue of Scientific Literature 8,861.66 



Astrophy.sical Observatory 21, 580. 00 



Additional Assistant Secretary 6,000.00 



Additional fire protection 8,500.00 



