REPOET OF THE SECRETARY. 9 



The sum of $251.95 was received during the year as the first pay- 

 ment of a bequest of $500 made by the will of Mr. William Jones 

 Ehees, for many years an officer of the Institution. This fund has not 

 been invested. 



In addition to the above there are four pieces of real estate 

 bequeathed to the Institution by the late R. S. 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, 189-1. 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 

 $107,483.68, was derived as follows : 



Interest on the permanent Foundation, $58,375.12; contributions 

 from various sources for specific purposes, $43,230.95, and from other 

 miscellaneous sources, $5,877.61; 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 $32,176.70, on July 1, 1909, the total resources 

 for the fiscal year amounted to $139,660.38. The disbursements, 

 which are given in detail in the annual report of the executive com- 

 mittee, amounted to $104,295.50, leaving a balance of $35,364.88 on 

 deposit June 30, 1910, in the United States Treasury. 



The Institution was charged by Congress with the disbursement of 

 the following appropriations for the year ending June 30, 1910 : 



International Exchanges $32, 000 



American Ethnology 43, 000 



Astrophysical Observatory 13, 000 



National Mnsenm : 



Furniture and fixtures 200, 000 



Heating and lighting 60,000 



Preservation of collections 250, 000 



Books 2,000 



Postage 500 



Building repairs 15, 000 



Moving collections to new building 4,000 



National Zoological Park 95, 000 



International Catalogue of Scientific Literature 6,000 



Total 720,500 



EXPLORATIONS AND RESEARCHES. 



As far as the resources of the Institution and contributions from 

 individuals has permitted, various scientific explorations and re- 

 searches have been carried on during the past year, and it is gratify- 

 ing to report that the Institution's activities in these lines have been 



