10 REPORT OF THE ACTING SECRETARY. 



cash and deposited in the United States Treasury to the credit of the 

 current account of the Institution. 



The income of the Institution during the year amounted to 

 $67,588.08, derived as follows : From interest on the permanent fund, 

 $57,900; from interest on the Hodgkins residuary legacy, $3,225.55; 

 from rentals, $437.53; from miscellaneous sources, $6,025^all of 

 ■which were deposited to the current- fund account in the Treasury 

 of the United States, which, through the courtesy of the Treasurer, 

 is now receiving and collecting miscellaneous checks for the Institu- 

 tion, thus making unnecessary the intermediary of a bank. With 

 the addition of the nominal balance of $5,153.92, brought forward 

 from the previous year, the total credits for the year reached 

 $72,742. The disbursements, which will be given in detail in the 

 rejiort of the executive committee, amounted to $62,557.87, leaving 

 a credit balance on June 30, 1906, of $10,184.13. 



Mr. W. I. Adams, chief clerk of the International Exchanges, was 

 on June 12, 1905, appointed accountant of the Smithsonian Institu- 

 tion and disbursing agent for the Government appropriations for 

 the National Museum, the International Exchanges, the Bureau of 

 American Ethnology, the Astrophysical Observatory, the National 

 Zoological Park, and such other objects as may from time to time be 

 placed by Congress under the direction of the Institution. 



Certain additional safeguards suggested by experience were 

 adopted early in the fiscal year for the protection of the funds of 

 the Institution and the Government. 



The Institution was charged by Congress with the disbursement of 

 the following appropriations for the year ending June 30, 1906 : 



International Exchanges $28, 800 



American Ethnology 40, 000 



Astrophysical Observatory 15,000 



United States National Museum : 



Furniture and fixtures 22,500 



Heating and lighting 18,000 



Preservation of collections 180,000 



Transportation of exhibits acquired at the Louisiana Purchase 



Exposition 6, 500 



Books 2, 000 



Postage 500 



Kent of worlishops 4,580 



Building repairs 15, 000 



New building for the National Museum 1,500,000 



National Zoological Park 95,000 



Total 1, 927, 880 



The estimates forwarded to Congress in behalf of the Government 

 branches under the Institution and the appropriations based thereon 



