134. ANNUAL REPORT SMITHSONIAN INSTITUTION, 1946 
Disbursements—Continued 
From Freer endowment—Continued 
Reinvestment of cash capital from sale, 
call, of securities, cte= = $1, 595, 344. 67 
Cost of handling securities, fee of invest- 
ment counsel, and accrued interest on 
bonds: purchased 2222S ene 25, 730. 45 
$1, 803, 512. 10 
Cash: balance: June’ SOs Ta oe eh oo ee ee Seem ia eer ees 807, 410. 45 
Total 2S Fs a a eee ee aaa ie eer ete ae ee 3, 247, 863. 87 
Included in the above receipts was cash received as royalties from 
sales of Smithsonian Scientific Series to the amount of $26,498.52. 
This was distributed as follows: 
Smithsonian Institution Endowment Fund__---_--_______-________ $11, 753. 71 
Smithsonian Institution Emergency Fund__-__-------____-____---_ 2, 938. 42 
Smithsonian Institution Unrestricted Fund, General____-______-____ 8, 815. 28 
Salaries 225 00h OPO! Bie ee Oe a en See 3 Gy 2299S tt 
26, 498. 52 
Included in the foregoing are expenditures for researches in pure 
science, publications, explorations, care, increase, and study of collec- 
tions, etc., as follows: 
Hxpended from general funds of the Institution: 
Pier Cav til © ras eens a a $14, 995. 12 
Researchesvand? explorations. == 00 bys eee 21, 888. 11 
$36, 883. 23 
Expenditures from funds devoted to specific purposes: 
Researches and explorations______________________ 40, 495. 84 
Care, increase, and study of special collections_____- 5,586.81 
er Ca tO Sigua eee oS a eee 4, 184. 80 
50, 267. 45 
eR co eal et sas a Se a le I hee a 87, 150. 68 
The practice of depositing on time in local trust companies and banks 
such revenues as may be spared temporarily has been continued during 
the past year, and interest on these deposits has amounted to $739.72. 
The Institution gratefully acknowledges gifts or bequests from the 
following: 
Audrey H. Madden, for ‘Northern Mexico Archeological Fund,” to further archeo- 
logical investigations in Mexico. 
National Academy of Sciences and Social Science Research Council, for ‘““Commit- 
tee for the Recovery of Archeological Remains.” 
Research Corporation, for printing “Smithsonian Elliptic Functions Tables,” by 
G. W. Spenceley. 
John A. Roebling, as a further contribution for research in radiation. 
All payments are made by check, signed by the Secretary of the 
Institution on the Treasurer of the United States, and all revenues 
are deposited to the credit of the same account. In many instances 
deposits are placed in bank for convenience of collection and later are 
withdrawn and deposited in the United States Treasury. 
