KEPOirr OF THE EXErUTIVK COMMITTEE OF THE BOAllD OF 

 RE(;EiNTS OF THE SMITHSONIAN INSTITUTION 



For the Year Ending Jxtne 80, 1904, 



To the Board of Regcnffi of the Smithsionum Im^tHvt'ion : 



Your executive counnittee respectfuHy submits the following report 

 ill relation to the funds of the Institution, the appropriations by Con- 

 gress, and the receipts and expenditures for the Smithsonian Institu- 

 tion, the IT. S. National Museum, the International Exchanges, the 

 Bureau of Ethnology, the National Zoological Park, and the Astro- 

 physical Observatory for the year ending June 30, 1004, and balances 

 of former years : 



SMITHSONIAN INSTITUTION, 



Condition of the fund Jnlij /, lOOJf. 



The amount of the bequest of James Smithson deposited in the 

 Treasury of the United States, according to act of Congress of Au- 

 gust 10,'l84(), was $515,100, To this was added, by authority of Con- 

 gress, February S, 1<S07, the residuary legacy of Smithson, savings 

 from income and other sources, to the amount of $134,831, 



To this also have been added a bequest from James Hamilton, of 

 Pennsylvania, of $1,000; a bequest of Dr. Simeon Habel, of New 

 York, of $500; the proceeds of the sale of Virginia bonds, $51,500; a 

 gift from Thomas G, Hodgkins, of New York, of $200,000 and $8,000, 

 being a ])ortion of the residuary legacy of Thomas G. Hodgkins, and 

 $1,000, the accumulated interest on the Hamilton bequest, savings 

 from income, $25,000, making in all, as the permanent fund, $937,000, 



The Institution also holds the additional sum of $42,000, received 

 upon the death of Thomas (t. Hodgkins, in registered \Vest Shore 

 Railroad 4 per cent bonds, which were, by order of this committee, 

 under date of May 18, 1804, placed in the hands of the Secretary of 

 the Institution, to be held by him subject to the conditions of said 

 order. 



XXXV 



