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SMITHSONIAN INSTITUTION 552 
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MADE BY BAKER-VAWTER CO. 
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Liggett and Myers Tobacco Company, 7 per cent gold bonds, due in 1944.
New York Central and Hudson River Railroad Company 4 percent gold debenture bonds, due in 1934.
New York Central Railroad Company, refunding and improvement 5 per cent bonds, due in 2013.
Brooklyn Rapid Transit 5 per cent secured gold notes, due in 1918 (in hands of receivers).
Real estate 7 per cent trust notes on improved property in the District of Columbia, due in 1925.
United States First Liberty Loan.
United States Second Liberty Loan.
United States Third Liberty Loan.
United States Fourth Liberty Loan.
United States War Savings stamps, series of 1918.
Atchison, Topeka, and Santa Fe Railway Company, 5 per cent preferred stock.
American Smelting and Refining Company, 7 per cent preferred stock.
Baltimore and Ohio Railroad Company, 4 per cent preferred stock.
California Electric Generating Company, 6 per cent preferred stock.
Electric Bond and Share Company, 6 per cent preferred stock.

Respectfully submitted,

(Signed):
Henry White
John B. Henderson
Charles D. Walcott

Permanent Committee.


On motion of Mr. Johnson, the following resolution was adopted:

RESOLVED: That the Board of Regents of the Smithsonian Institution accepts the annual report of the Permanent Committee just read, and approves and ratifies the actions taken by the Committee since the last annual meeting.

ANNUAL REPORT OF THE SECRETARY.

In submitting his annual report for the fiscal year ending June 30, 1922, the Secretary stated, in relation to publications, that since the last Annual Meeting of the Regents, 131 publications, comprising 7,785 pages, have been
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