REPORT OF THE EXECUTIVE COMMITTEE OF THE BOARD OF 
REGENTS OF THE SMITHSONIAN INSTITUTION FOR THE 
YEAR ENDING JUNE 30, 1919. 
To the Board of Regents of the Smithsonian Institution: 
Your executive committee respectfully submits the following report 
in relation to the funds, receipts, and disbursements of the Institution 
and a statement of the appropriations by Congress for the National 
Museum, the international exchanges, the Bureau of American Eth- 
nology, the National Zoological Park, the Astrophysical Observatory, 
the International Catalogue of Scientific Literature, etc., for the 
year ending June 30, 1919, together with balances of previous appro- 
priations : 
SMITHSONIAN INSTITUTION. 
Condition of the fund July i, 1919. 
In addition to the total sum of $1,000,000 deposited in the Treasury 
of the United States, and authorized under section 5591, Revised 
Statutes, the details of which were given in our last report, there" 
has accumulated from incomes, bequests, and by transfer the sum of 
$74,794.38, which has been invested in bonds of approved character 
for the following specific accounts and carried on the books of the 
Institution as the consolidated fund, viz : 
Hodgkins general fund $37,275.00 
Rhees fund 74. GO 
Aveiy fund 14, 824. 45 
Addison T. Reid fund 1,348.00 
Lucy T. and George W. Toore fund 2, 819. 00 
George K. Sanford fund 142. 00 
Smithson fund 984. 00 
Chamberlain fund 10, 000. 00 
Bruce Hughes fund 7, 327. 93 
Total 74, 794. 38 
One of the pieces of real estate bequeathed to the Institution by 
the late Robert Stanton Avery has been sold and tliC proceeds rein- 
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