REPORT OF THE EXECUTIVE COMMITTEE OF THE BOARD OF 

 REGENTS OF THE SMITHSONIAN INSTITUTION FOR THE YEAR 

 1881. 



The Executive Committee of the Board of Eegents of the Smithso- 

 nian Institution respectfully submit the following report in relation to 

 the funds of the Institution, the ax>propriations by Congress for the 

 National Museum and other purposes, the receipts and expenditures 

 for both the Institution and the Museum for 1881, and the estimates for 

 the year 1882: 



Condition of the funds January 1, 1882. 



The amount originally received as the bequest of James 

 Smithson, deposited in the Treasury of the United 

 States in accordance with the act of Congress of August 



10,1840 $515,109 00 



Eesiduary legacy of Smithson added to the fund by act 



of Congress, February 8, 1807 20, 210 03 



Additions to the fund, from savings, &c., by act of Con- 

 gress, February 8, 1807 108, 020 37 



Bequest of James Hamilton, of Pennsylvania, 1874 1, 000 00 



Bequest of Dr. Simeon Habel, of New York, 1880 500 00 



Proceeds of sale of Virginia bonds, 1881 51, 500 00 



Total permanent Smithson fund in the Treasury of the 

 United States, bearing interestat per cent. per annum. $703, 000 00 



Statement of the receipts and expenditures for the year 1881. 



RECEIPTS. 



Interest for the year 1881, from the United 



States '. $41, 735 54 



Sale of Virginia bonds and deferred certificates 50,514 98 



Sale of Virginia coui>ons due January 1, 1881. 1,032 20 



Balance cash on hand January 1, 1881 20, 934 52 



Total receipts 114, 817 30 



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