Clipping:Athletic Club finances 3
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| Date | Tuesday, November 9, 1875 |
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| Text | [reporting on the Athletic Club annual meeting] The Board of Directors submitted their report, from which we gleaned that the receipts of the present season fell two thousand dollars short of that of last year, while the expenditures exceeded that of last season by forty-five hundred dollars. ... The treasurer’s report was next presented, and showed that there was a balance of $875.19 from 1874; total receipts during the past season, $23,609.90; receipts of games, $18,682.02; salaries, $13,775.11; traveling expenses, $5570.93, leaving a deficit of $261.90. Philadelphia All-Day City Item November 9, 1875 [reporting on the Athletic Club annual meeting] Great expense had been incurred by the club in getting players, while the season was unprofitable. ... The scarcity of money among the patrons of the game, and the disrepute brought by gamblers, had been the causes of the falling off in the receipts, and it is hoped the club will do something to counteract the growing evil of gambling, which, if not suppressed, must eventually ruin the game. ... The treasurer’s report showed a balance from 1874 of $875.19. The receipts from [illegible] members were $2083 [?]; from games, 18,628,02, and the total receipts were $23,699. The expenditures amounted to $23,900.90, of which $13,745.11 were to players for salaries, $5570,93 for traveling expenses, and $37.64 [?] for grounds. The deficit is $261.90. There is a floating debt, which will soon be extinguished. Philadelphia Sunday Mercury November 14, 1875 |
| Source | Philadelphia All-Day City Item |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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