﻿6 
  ANNUAL 
  REPORT 
  SMITHSONIAN 
  INSTITUTION, 
  1921 
  

  

  Freer 
  GalUry 
  of 
  Art. 
  — 
  The 
  invested 
  funds 
  of 
  the 
  Freer 
  bequest 
  are 
  

   classified 
  as 
  follows 
  : 
  ^ 
  

  

  Court 
  and 
  grounds 
  fund 
  $3G5, 
  441. 
  13 
  

  

  Court 
  and 
  grounds, 
  maintenance 
  fund 
  78,953.36 
  

  

  Curator 
  fund 
  ^^ 
  316, 
  830. 
  25 
  

  

  Residuary 
  legacy 
  3, 
  410, 
  655. 
  87 
  

  

  Total 
  4, 
  171, 
  880. 
  61 
  

  

  The 
  practice 
  of 
  depositing 
  on 
  time 
  in 
  local 
  trust 
  companies 
  and 
  

   banks 
  such 
  revenues 
  as 
  may 
  be 
  spared 
  temporarily 
  has 
  been 
  con- 
  

   tinued 
  during 
  the 
  past 
  year, 
  and 
  interest 
  on 
  these 
  deposits 
  has 
  

   amounted 
  to 
  $3,813.38. 
  The 
  income 
  during 
  the 
  year 
  for 
  current 
  ex- 
  

   penses, 
  consisting 
  of 
  interest 
  on 
  permanent 
  investments 
  and 
  other 
  

   miscellaneous 
  sources, 
  amounted 
  to 
  $65,392.21. 
  Revenues 
  and 
  princi- 
  

   pal 
  of 
  funds 
  for 
  specific 
  purposes, 
  except 
  the 
  Freer 
  bequest, 
  amounted 
  

   to 
  $320,977.75. 
  Revenues 
  on 
  account 
  of 
  Freer 
  bequest 
  amounted 
  to 
  

   $249,737.84; 
  amount 
  received 
  from 
  sale 
  of 
  stocks 
  and 
  bonds, 
  $1,152,- 
  

   735.58; 
  aggregating 
  a 
  total 
  of 
  $1,788,843.38. 
  

  

  The 
  disbursements, 
  described 
  more 
  fully 
  in 
  the 
  annual 
  report 
  of 
  

   the 
  executive 
  committee, 
  were 
  classed 
  as 
  follows 
  : 
  General 
  objects 
  of 
  

   the 
  Institution, 
  $57,518.69; 
  for 
  specific 
  purposes 
  (except 
  the 
  Freer 
  

   bequest), 
  $305,220.90; 
  and 
  investments 
  and 
  expenditures 
  pertaining 
  

   to 
  Charles 
  L. 
  Freer 
  bequest, 
  $1,358,165.70. 
  The 
  total 
  of 
  balances 
  on 
  

   hand 
  June 
  30, 
  1927, 
  from 
  all 
  funds 
  and 
  mainly 
  bearing 
  interest 
  on 
  

   deposit, 
  was 
  $202,827.49. 
  

  

  The 
  following 
  appropriations 
  were 
  made 
  by 
  Congress 
  for 
  the 
  

   Government 
  bureaus 
  under 
  the 
  administrative 
  charge 
  of 
  the 
  Smith- 
  

   sonian 
  Institution 
  for 
  the 
  fiscal 
  year 
  1927: 
  

  

  International 
  Exchanges 
  $46, 
  260 
  

  

  American 
  Ethnology 
  57, 
  160 
  

  

  International 
  Catalogue 
  of 
  Scientific 
  Literature 
  7, 
  500 
  

  

  Astrophysical 
  Observatory 
  31, 
  180 
  

  

  Additional 
  assistant 
  secretary 
  6,000 
  

  

  National 
  Museum 
  : 
  

  

  Furniture 
  and 
  fixtures 
  $23, 
  730 
  

  

  Heating 
  and 
  lighting 
  78, 
  140 
  

  

  Preservation 
  of 
  collections 
  450, 
  000 
  

  

  Building 
  repairs 
  12,000 
  

  

  Books 
  1, 
  500 
  

  

  Postage 
  450 
  

  

  565, 
  820 
  

  

  National 
  Gallery 
  of 
  Art 
  29, 
  381 
  

  

  National 
  Zoological 
  Park 
  173, 
  199 
  

  

  Printing 
  and 
  binding 
  90,000 
  

  

  Total 
  1, 
  006, 
  500 
  

  

  > 
  The 
  sinking 
  fund 
  has 
  been 
  discontinued 
  and 
  each 
  fund 
  credited 
  with 
  its 
  poi-tion 
  of 
  

   same. 
  

  

  