REPORTS OF COMMITTEES. 



97 



REPORT OF THE EXECUTIVE COMMITTEE. 



The Executive Committee respectfully submit to the Board of Re- 

 gents the following report of the receipts and expenditures of the 

 Smithsonian Institution during the year 1859, with estimates for the 

 year 1§G0: 



Receipts. 



The whole amount of Smithson's bequest deposited in 

 the treasury of the United States is $515,169, from 

 which an annual income, at six per cent., is derived, of $30, 910 14 



Extra fund of unexpended income, invested as 

 follows: 



In $75,000 Indiana 5 per cent, bonds, 



yielding $3, 750 00 



In $53,500 Virginia 6 per cent, bonds, 



yielding > 3, 210 00 



In $7,000 Tennessee 6 per cent, bonds, 



yielding 420 00 



In $500 Georgia 6 per cent, bonds, 



yielding 30 00 



In $100 Washington 6 per cent, bonds, 



yielding ■ 6 00 



» 7,416 00 



38,326 M 

 Balance in the hands of the Treasurer 



January 1, 1859 16,141 36 



54,467, 5<> 

 Expenditures. 



For building, furniture, and fixtures ••• • $1,720 57 

 For items common to the different objects 



of the Institution 11,519 04 



For publications, researches, and lectures 11,072 32. 

 For library, museum, and gallery of art- • 10,521 46 



34,833 39 



Balance in the hands of the Treasurer January 1, I860,. 



including $5,000 of the extra/and not yet invested- • 19,634 11 



7 



