168 REPORT OF THE EXECUTIVE COMMITTEE. 



EXPENBITURES. 



For building : 



Repairs and improvements $538 63 



Furniture and fixtures 572 07 



$1, 110 70 



General expenses : 



Meetings of the board $237 00 



Lighting the building 55 40 



Heating the building 996 75 



Postage and telegraph 43 01 



Stationery 962 86 



Incidentals, freight, hauling, ice, 



blanks, &c 1, 027 97 



Books and periodicals 1, 979 26 



Salaries and labor 13, 266 50 



Publications and researches : 



Smithsonian contributions. 4, 577 44 



Miscellaneous collections 3, 170 03 



Annual reports . . - 2, 223 59 



Explorations 943 43 



18,568 75 



10, 914 49 

 Literary and scientific exchanges . 7, 467 84 



38,061 78 



Cash deposited with the Treasurer of the United 

 States to the credit of the Smithson fund, 

 being proceeds of sale of the Virginia bonds 

 ($50,514.98) and part of coupons ($985.02), by 

 virtue of act of Congress, approved February 



8, 1867 51,500 00 



Total expended 89, 561 78 





I 



Leaving balance on hand January 1, 1882 25, 255 52 



VIRGINIA BONDS. 



At the meeting of the Board of Eegents, 19th of January, 1881, the 

 Executive Committee was authorized to dispose of the Virginia securi- 

 ties owned by the Institution, and to deposit the proceeds in the Treas- 

 ury of the United States as an addition to the permanent fund. 



The committee having duly considered the subject, decided to make 

 the sale, which was effected through the agency of Messrs. Eiggs & Co., 

 bankers, with the following result : 

 $58, 700 00 par value, of Virginia consolidated bonds (sold 



at an average of about 79 per cent.) $46, 417 87 



29, 375 07 par value of Virginia deferred certificates, sold 



at about 13f per cent 4,039 08 



50 13 par value of Virginia scrip, at 115f 58 03 



88, 125 20 Total 50, 514 98 



