518 REPORTS OF THE EXECUTIVE COMMITTEE. 



PUBLICATIONS, RESEARCHES, AND LECTURES. 



Smithsonian Contributions $6,000 00 



Keports on progress , 500 00 



Miscellaneous Collections 1,000 00 



Meteorology 3,000 00 



Investigations 700 00 



Lectures 800 00 



• 



LIBRARY, MUSEUM, AND GALLERY OF ART. 



Library.— Cost of books 2,500 00 



Pay of assistants 1,500 00 



Transportation 250 00 



Incidentals 50 00 



Museum — Salary of Assistant Secretary 2,000 00 



Explorations 300 00 



Collections 200 00 



Incidentals 1,000 00 



Assistants and labor 2,000 00 



Transportation 600 00 



Gallery of art 300 00 



$12,000 00 



10,700 00 



$38,000 00 



The committee have carefully examined all the books and accounts of the Institu- 

 tion, for the past year, and find them to be correct. 

 Respectfully submitted, 



J. A. PEAECE, 1 „ ,. n ... „ 

 A T) T5 A CTJV i Executive Uommittee.* 



Report of the Executive Committee for the year 1860. 



The Executive Committee respectfully submit to the Board of Eegents the follow- 

 ing report of the receipts and expenditures of the Smithsonian Institution during 

 the year 1860, with estimates for the year 1861 : 



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 



The extra fund of unexpended income is invested as follows, viz : 



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 $12,000 Tennessee 6 per cent, bonds] yielding 720 00 



In $500 Georgia 6 per cent, bonds, yielding 30 00 



In $100 Washington 6 per cent, bonds, yielding 6 00 



7,716 00 



Total income 38,626 14 



Balance in the hands of the Treasurer January 1, 1860, $19,634.11, less 



the cost of $5,000 Tennessee bonds, $4,600 15,034 11 



Total receipts 53,660 25 



EXPENDITURES. 



For building, furniture, and fixtures 2,424 76 



For general expenses 13,079 34 



For publications, researches, and lectures 13,852 99 



For library, museum, and gallery of art 7,781 21 



Total expenditures 37,138 30 



Balance in the hands of the Treasurer January 11, 1861 $16,521 95 



* General Totten, the other member of the Executive Committee, is temporarily absent in Cali- 

 fornia on official duty. 



