4. ANNUAL REPORT SMITHSONIAN INSTITUTION, 1911. 
In addition to the above, there are four pieces of real estate be- 
queathed to the Institution by the late R. 5. Avery, some of which 
yield a nominal rental and all are free from taxation. : 
That part of the fund deposited in the Treasury of the United 
States bears interest at 6 per cent per annum, under the provisions 
of the act organizing the Institution and an act of Congress approved 
March 12, 1894. The rate of interest on the West Shore Railroad 
bonds is 4 per cent per annum. 
The income of the Institution during the year, amounting to 
$83,435.30, was derived as follows: Interest on the permanent foun- 
dation, $58,375.12; contributions from various sources for specific 
purposes, $14,518.43 ; and from other miscellaneous sources, $10,541.75 5 
all of which was deposited in the Treasury of the United States to 
the credit of the current account of the Institution. 
With the balance of $35,864.88 on July 1, 1910, the total resources 
for the fiscal year amounted to $118,800.18. The disbursements, 
which are given in detail in the annual report of the executive com- 
mittee, amounted to $86,374.52, leaving a balance of $32,425.66 on 
deposit June 30, 1911, in the United States Treasury. 
The Institution was charged by Congress with the disbursement 
of the following appropriations for the year ending June 30, 1911: 
jimierinminiemell GxeWeINYeS. eS Se Se $32, 000 
AMERICA TOO) aa re ee SSS SSS 42, 000 
SEO pHyA CAs CO SCL Vel COI y= ea ee ee eee 13, 000 
National Museum: 
Hurniturevand aixtures i= 22" ==! see ee ee 125, 000 
Heahineand ichting# = ee 50, 000 
Preservation Of collections 2122 2. seeee a. = ee ee ee 300, 000 
BPG es ee sa EES ee ee de a ee 2, 000 
POSURE Ca ee OS ee ee ee eee eee 500 
Building. “repairs= 2.226 Soh th. Se se enh as ee eee sie Pee eee 15, 000 
BU GIN ey 22S SS ee SA ee aS Se ee Ss See 77, 000 
National Zo0o0logicaleP anes sss 32 2 Sk se eso Soe ees ee ee 115, 000 
International Catalogue of Scientific Literature____________________-_ 7, 500 
MievyavoOrs pO Mth sonian Bull ding sss Sees te eee 10, 000 
ATO Teall Semesancr es 2s i Tak bree SC OP Re 789, 000 
EXPLORATIONS AND RESEARCHES. 
Various scientific explorations and researches have been carried on 
during the past year by the Institution as far as its limited income 
and the generosity of its friends would permit. There have also been 
important biological, ethnological, and astrophysical researches by . 
the National Museum, the Bureau of American Ethnology, and the 
Astrophysical Observatory, respectively, which are discussed else- 
where in this report. 
