Clipping:Chicago Club finances 3

19C Clippings
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Date	Wednesday, January 8, 1890
Text	The Chicago League Club has declared a dividend of 20 per cent..., which goes to show that the season was not so disastrous as alleged. It has been the custom of the club to place every year a certain sum to the credit of the sinking fund, which is the reason the dividend declared was not greater. When the League club bought the new grounds, near the County Hospital, it paid $103,000 in cash for them, all of this having come out of the sinking fund. Had it not been for the competition of the new Brotherhood club the League club would have spent at least $150,000 on new grounds, whereas now they will not spend a cent, having leased the old grounds for another year.
Source	Sporting Life
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Submitted by	Richard Hershberger
Origin	Initial Hershberger Clippings

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