﻿128 
  ANNUAL 
  REPORT 
  SMITHSONIAN 
  INSTITUTION, 
  1922. 
  

  

  Robert 
  Stanton 
  Avery, 
  is 
  still 
  retained 
  by 
  the 
  institution 
  and 
  yields 
  

   a 
  nominal 
  revenue. 
  

  

  The 
  institution 
  has 
  further 
  received 
  from 
  the 
  executors 
  of 
  the 
  

   Charles 
  L. 
  Freer 
  estate 
  shares 
  of 
  Parke, 
  Davis 
  & 
  Co. 
  representing 
  a 
  

   book 
  value 
  of 
  $589,140, 
  which, 
  in 
  turn, 
  have 
  been 
  temporarily 
  de- 
  

   posited 
  with 
  a 
  local 
  trust 
  company 
  as 
  collateral 
  to 
  secure 
  a 
  lftan 
  

   for 
  the 
  purpose 
  of 
  liquidating 
  inheritance 
  and 
  other 
  taxes, 
  which 
  as 
  

   residuary 
  legatee 
  of 
  the 
  Freer 
  estate 
  the 
  institution 
  is 
  required 
  to 
  

   pay. 
  This 
  loan 
  is 
  being 
  paid 
  as 
  revenues 
  will 
  permit. 
  

  

  The 
  total 
  amount 
  of 
  dividends 
  and 
  interest 
  received 
  by 
  the 
  insti- 
  

   tution 
  from 
  this 
  estate 
  during 
  the 
  year 
  for 
  all 
  purposes 
  was 
  $83,- 
  

   127.36. 
  The 
  further 
  sum 
  of 
  $55,823.44 
  was 
  transferred 
  to 
  the 
  books 
  

   of 
  the 
  institution 
  for 
  account 
  of 
  the 
  Freer 
  building 
  fund. 
  

  

  The 
  itemized 
  report 
  of 
  the 
  auditor 
  is 
  filed 
  in 
  the 
  office 
  of 
  the 
  

   Secretary. 
  

  

  Detailed 
  survey 
  of 
  financial 
  operations. 
  

  

  Ordinary 
  receipts 
  : 
  

  

  Cash 
  balance 
  on 
  hand 
  July 
  1, 
  1921 
  $11,229.34 
  

  

  Income 
  from 
  miscellaneous 
  sources 
  available 
  for 
  general 
  pur- 
  

   poses 
  56, 
  361. 
  40 
  

  

  International 
  Exchanges, 
  repayments 
  to 
  the 
  institution 
  for 
  

   specific 
  purposes 
  5, 
  510. 
  74 
  

  

  Total 
  resources 
  for 
  ordinary 
  purposes 
  73, 
  101. 
  48 
  

  

  Ordinary 
  expenditures 
  : 
  

  

  Care 
  and 
  repair 
  of 
  buildings 
  7, 
  124. 
  46 
  

  

  Furniture 
  and 
  fixtures 
  1, 
  466. 
  73 
  

  

  General 
  administration 
  25, 
  338. 
  83 
  

  

  Library 
  2, 
  893. 
  23 
  

  

  Publications 
  (comprising 
  preparation, 
  printing, 
  and 
  distribu- 
  

   tion) 
  14, 
  325. 
  63 
  

  

  Researches 
  and 
  explorations 
  3, 
  847. 
  90 
  

  

  International 
  Exchanges 
  7, 
  752. 
  39 
  

  

  Total 
  ordinary 
  expenditures 
  62, 
  749. 
  17 
  

  

  Advances 
  and 
  repayments 
  for 
  field 
  expenses 
  and 
  other 
  temporary 
  

   transactions 
  during 
  the 
  year: 
  

  

  Advances 
  13, 
  886. 
  62 
  

  

  Repayments 
  11, 
  308. 
  12 
  

  

  Difference 
  2, 
  578. 
  50 
  

  

  The 
  above 
  difference 
  will 
  be 
  adjusted 
  in 
  due 
  course. 
  

  

  EECEIPTS 
  AND 
  EXPENDITURES 
  FOB 
  SPECIFIC 
  OBJECTS. 
  

  

  Receipts 
  : 
  

  

  Avery 
  fund 
  $1, 
  863. 
  50 
  

  

  Harriman 
  trust 
  fund 
  12, 
  400. 
  00 
  

  

  Hodgkins 
  fund 
  6, 
  862. 
  00 
  

  

  Hamilton 
  fund 
  173. 
  00 
  

  

  Rhees 
  fund 
  43. 
  59 
  

  

  Addison 
  T. 
  Reid 
  fund 
  809.96 
  

  

  Lucy 
  T. 
  and 
  George 
  W. 
  Poore 
  fund 
  1, 
  947. 
  95 
  

  

  George 
  H. 
  Sanford 
  fund 
  81. 
  36 
  

  

  