REPORT OF THE EXECUTIVE COMMITTEE OF THE BOARD OF REGENTS 
OF THE SMITHSONIAN INSTITUTION, 
FOR THE YEAR ENDING JUNE 30, 1891. 
To the Board of Regents of the Smithsonian Institution: 
Your executive committee respectfully submits the following report 
in relation to the funds of the Institution, the appropriations by Con- 
gress, and the receipts and expenditures for the Smithsonian Institution, 
the U.S. National Museum, the International Exchanges, the Bureau 
of Ethnology, the National Zodlogical Park, the purchase of the Per- 
kins collection of prehistoric copper implements, the payment to daugh- 
ters of the late Prof. Joseph Henry, and the purchase of the Capron 
collection of works of Japanese art, for the year ending 30th June, 1891, 
and balances of former years. 
SMITHSONIAN INSTITUTION. 
Condition of the fund July 1, 1891. 
The amount of the bequest of James Smithson deposited in the Treas- 
ury of the United States, according to act of Congress of August 10, 
1846, was $515,169. To this was added by authority of Congress Feb- 
ruary 8, 1867, the residuary legacy of Smithson, savings from income 
and other sources,to the amount of $134,831. 
To this also has been added a bequest from James Hamilton, of Penn- 
sylvania, of $1,000; a bequest of Dr. Simeon Habel, of New York, of 
$500, and the proceeds of the sale of Virginia bonds, $51,500, making 
in all, as the permanent Smithson fund, $703,000. 
Statement of the receipts and expenditures from July 1, 1890, to June 30, 1891. 
RECEIPTS. 
Cash on hand July 1, 1890, including cash from executors of 
Dr. Jerome H. Kidder, $5,000, and from Dr. Alex. Graham 
Bell, tor. asocro-physical researeh) $5, 0005. 52 5...c.sc-osac5 6 occ seis nee $30, 192. 65 
EUesGst ONIN IL ye LOOU So oe ce enn ane reece = cc's Aes ccs $21, 090. 00 
Interest On fund danuaryel, L8OL.< 22s. cts cee t esos eeeslcces 21, 090. 00 
ee 42, 180. 00 
72, 572. 65 
SAA OUL SMES OL PUDIEAIONS... -.<<(snic eect ao nals cre oc ssS= = 418. 36 
(ash from repayments of freight, ete ............---..------- 6, 344. 01 
—— 6,762.37 
Sie Use LOUGH US eeepc tee Oa at trae Si cew is cacwin ja sciccen s Sena 79, 135. 02 
