Clipping:Chicago Club finances; grounds
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| Date | Thursday, August 29, 1889 |
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| Text | Mr. Spalding is a big loser, personally, thus far through poor attendance, but takes his loss as a man should. He says he supposes it is Chicago's turn to have a bad year; that, while the present season is not remunerative, the club will not be in the hold it was in in 1884, when it closed the season without a dollar in the treasury. Such a statement may not be credited, but it is a fact nevertheless. When the club left the lakefront grounds all the assets it had was its charter and the old wood from the stands and fences. Its surplus had been given away to the stockholders, and the treasury was bare, but it hasn't been since and won't be again, for the directors in 1885 instituted a sinking fund and have it today. The fund, it is said, at present amounts to nearly $100,000, so there is no immediate danger of the club's throwing up its charter. That a good deal, if not all, and more, too, will be expended by the directors in the next two years is by no means uncertain, for the club proposes to spend a vast sum on the new park. Boston and Philadelphia have beautiful stands, but, according to Mr. Spalding, the new grand stand and park will be the best in the world. The ground is 650 feet long by 632 wide. Where is the batter that can hit a ball out of such an inclosure?, quoting the Boston Herald |
| Source | Chicago Tribune |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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