REPORT OF THE EXECUTIVE COMMITTEE OF THE BOARD OF 

 REGENTS OF THE SMITHSONIAN INSTITUTION FOR THE 

 YEAR ENDING JUNE 30, 1918. 



To the Board of Regents of the Smithsonian Institution: 



Your executive committee respectfully submits the following report 

 in relation to the funds, receipts, and disbursements of the Institu- 

 tion, and a statement of the appropriations by Congress for the 

 National Museum, the International Exchanges, the Bureau of Ameri- 

 can Ethnology, the National Zoological Park, the Astrophysical Ob- 

 servatory, the International Catalogue of Scientific Literature, etc., 

 for the 3 T ear ending June 30, 1918, together with balances of previous 

 appropriations : 



SMITHSONIAN INSTITUTION. 



Condition of the fund July 1, 1918. 



In addition to the total sum of $1,000,000 deposited in the Treasury 

 of the United States and authorized under section 5591, Revised 

 Statutes, the details of which were given in our last report, there has 

 accumulated from incomes, bequests, and by transfer the sum of 

 $60,024.38, which has been invested in bonds of approved character 

 for the following specific accounts and carried on the books of the 

 institution as the consolidated fund, viz : 



Hodgkins general fund $37,275.00 



Rhees fund 37. 00 



Avery fund 10, 020. 38 



Addison T. Reid fund 672.00 



Lucy T. and George W. Poore fund 1,295.00 



George K. Sanford fund 74. 00 



Smithson fund 651. 00 



Chamberlain fund 10,000.00 



Total 60, 024. 38 



The guaranteed bonds of the West Shore Railroad Co., previously 

 reported by your committee at their par value, have now been trans- 

 ferred to the consolidated fund with specific credit to the Hodgkins 

 general fund at their market value. 



One of the three pieces of real estate bequeathed to the Institution 

 by the late Robert Stanton Avery has been sold, and the proceeds 

 reinvested in bonds comprising the consolidated fund. 



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