4 ANNUAL REPORT SMITHSONIAN INSTITUTION, 1919. 
world. That portion of Mrs. Bacon’s will relating to the Institution 
reads as follows: 
(f) To Smithsonian Institute the sum of fifty thousand dollars ($50,000), to be 
used in establishing a traveling scholarship, to be called the Walter Rathbone 
Bacon Scholarship for the study of the fauna of countries other than the 
United States of America; the incumbents to be designated by said Institute 
under such regulations as it may from time to time prescribe and to hold 
such scholarships not less than two years, and while holding such scholarship 
to conduct for said Institute investigations in the fauna of other countries 
under the direction of said Institute. | 
The terms of the will had not been executed at the close of the 
year. . 
FINANCES. 
The invested funds of the Institution are as follows: 
Deposited in the Treasury of the United States under authority 
o£ Gotigres§2. 52. sot! ota gos eel ed Efe ee Payoh phe $1, 000, 000. 00 
CONSOLIDATED FUND. 
Brooklyn Rapid Transit 5 per cent notes, due July 1, 1918______ 8, 528. 44 
American Telephone & Telegraph Co. 4 per cent collateral trust 
boends,,,due,,dvily Vj) 1929-27 3. teh ht aed Se ps eee 15, 680. 00 
Province of Manitoba 5 per cent gold debentures, due Apr. 1, 1922_ 1, 935. 00 
West Shore Railroad Co. guaranteed 4 per cent first mortgage 
bonds, due Jan. le 2oole a Pa pla acpi hil it. consid dala 37, 275. 00 
Cleveland Electric Illuminating Co. first mortgage 5 per cent 
SON eho corn hs Uae OBO tae oa a A ae 5, 670. 00 
Wnited, States.Ginst. Liberty JO@AM 222 nS? Se Rn 200. 00 
United States second, Liberty loan eg 100. 00 
Wnited States “third” Lverly ddan ee ee 10, 150. 00 
United States fourth Liberty loan-_~_-~2_--~~__+-_-~---2__-_-__ 50. 00 
United States war-savings stamps, series of 1918-_-_-_----=-_-_ 100, 00 
PA GUUSEIMENES (PtP eee es ee kk ee 105. 94 
TOtalEBich: FR 5s)! Be NO EE aay (OPT OAR ON Leraetes 1, 074, 794. 38 
The sum invested for each specific fund and the manner in which 
the several investments were made is given in the following state- 
ment: 
"iressury.. [dated fana,| Total 
ShaavigeyeyalaqpbnG (So 22 Son soa oe oan Ee oneee oe Sou oS Ecos moSocueeESs $727, 640. 00 $984. 00 $728, 624. 00 
Sta bolhiundencs. Jew ene Mee cee ea ere eben deer wadan 500: 00 [e--- acon sn-0 500. 00 
Hamilton fund 22 1. AS Ee POR OL RIA 23500200 | Jee 2, 500. 00 
Hodgkins general fund. . .-..-.--+--s.-. Sete tere oe eearee> ee 116, 000.00 |. 37, 275.00 153, 275.00 
Hodgkins specific fund. - 0-20-5522 sos -65s2.0 deren ssteewe- = 100, 000. 00 |......---..- 100, 000. 00 
HOUSE ENG cere saeco meert ter aeee cae meena srianine= crise mace cere 590. 00 74. 00 664. 00 
Bby oryMund2t < $33 Tes SE. ee Rt OS. BOI 14,000:00 | 14, 824. 45 28, 824. 45 
AddisoniT.. Reid-fund.. fof": fared. 8 cath ee et Te 11,000.00 | 1,348.00 12,348.00 
Lucy T. and George W. Poorefund..............--2----2-2--+ 26,670.00}. . 2,819.00 29, 489.00 
George K. Sanford fund 3 io. sec ces- cess ene men consee acca seneuaes 1, 100. 00 142. 00 1, 242. 00 
Chamberlain fand2£: 1.0115. 435.) Dee BA, Be Brea be bie par CCRT 10, 000. 00 10, 000. 00 
Bruce, Hughes finds--0 4. Ag ogeescee Sh er then eth. . ot peel ol. se dep ede. 7,327. 93 7,327.93 
Totale leegc (BE sae 2uS sae Ne CME os 1,000, 000/00 | 74,794.38 | 1,074, 794.38 
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