XXIV REPORT OP THE EXECUTIVE COMMITTEE. 



That joart of the fund deposited in the Treasury of the United 

 States bears interest at G per cent per -annum, under the provisions of 

 the act of August 10, 1846, organizing- the Institution, and an act of 

 Congress approved March 12, 1894, The rate of interest on the West 

 Shore Raih'oad bonds is 4 per cent per annum. 



By the final settlement of the estate of the late Thomas G. Hodg- 

 kins during the past year the Institution received, in May, 190G, the 

 balance of the residuary legacy left by this benefactor. It amounted 

 to $7,850, in the form of registered bonds of the United States, noAv 

 recorded in the name of the Smithsonian Institution, and held subject 

 to the order of the Board of Regents. Interest had accumulated on 

 these bonds to the amount of $3,225.55, which sum was paid in cash 

 and deposited in the United S^tates Treasury to the credit of the cur- 

 rent account of the Institution. 



statement of receipts and disbursements from Julij 1, 1905, to June 30, 1906. 



Cash on deposit in the United States Treasury .Tuly 1, 1905 $5, 153.92 



Interest on fund deposited in the United 



States Treasury to July 1, 190.j ?28, 110. 00 



Interest on fund deposited in the United 



States Treasury to January 1, 1900 28,110.00 



.$56,220.00 



Interest on West Shore Railroad honds to January 1, 



1906 1,680.00 



Accumulated interest on Hodgkins residuary legacy 3, 225. .55 



Real-estate rentals, Avery bequest 440.41 



Repayments, cash from sale of publications, etc 6,096.43 



67, 662. 39 



Total receipts 72, 816. 31 



DISBURSEMENTS. 



Buildings, care and repairs 4,462.31 



I'urniture and fixtures 368.87 



General expenses : 



Salaries .$15,61.5.28 



Meetings 699.20 



Stationery ,568.80 



Postage and telegrams 279.09 



Freight 139.66 



Incidentals 3,316.17 



20, 618. 20 



liibrary : 



Purchase of books, binding, etc 826. 00 



Salaries 1, 19.3. 00 



2,019.00 



