REPORT OF THE EXECUTIVE TOMMITTEE OF THE BOARD OF 

 REGENTS OF THE SMFFHSONIAN INSTFfUTION 



For thk Yeah Ended Ji'ne 30, 1905. 



To tlw Ijou I'd of Regents of the SuiltJisoiudn I/hstitut/'on : 



Your executive committee respectfully submits the following- report 

 in relation to the funds of the Institution, the appropi'iations by Con- 

 g"ress. 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- 

 phj'sicai Observatory for the year ending June 30, 1905, and balances 

 of former years: 



SMITHSONIAN INSTITUTION. 



Condition of the fund July i, 190o. 



The amount of the bequest of James Smithson deposited in the 

 Treasury of the United States, according- to act of Cong-ress of August 

 10, 1816. was $515,169. To this was added ])v authority of Cong-ress, 

 Februar}^ 8, 1867, the residuar}' 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. Ilodgkins, of New York, of $200,000 and $8,000, 

 being- a portion of the residuar}^ legacy of Thomas (t. 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 an additional sum received upon the death 

 of Thomas G. Ilodgkins, which is invested in registered West Shore 

 4 per cent l)onds of the par value of $12,000, and which were, by order 

 of the committee, under date of JNIay 18, 1891, placed in the hands of 

 the Secretary of the Institution to be held by him subject to the con- 

 ditions of said order. 



