Clipping:Chicago Club finances and prospects

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Date Monday, November 5, 1877
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The [Chicago] Club has been paying $5,000 a year rent for its grounds on the South Side, which, together with enormous salaries to the players left the stockholders $6,000 in debt at the end of this season. It is now proposed to get much cheaper grounds somewhere on the West Side and to organize a Club of young players for next year at a total expense of not more than half the expenditures of last season. From such a club Chicago people would not expect the best results as they did this year, and expecting not too much they would not be disappointed nor disgusted. Chicago under fair treatment, is a good base-ball city, and such management as is contemplated ought to pay expenses, at least, and maybe net a good profit. It is known that Spalding and Anson have been secretly making overtures to players of late, and, spite of his announcement to the contrary, it should surprise no one to see Spalding at the head of the Chicago team of 1878. Cincinnati Enquirer November 5, 1877

This evening an ordinance was introduced in Council, and very favorably received, to lease the Club a portion of lake-front property which bears about the same relation to the business center that Fountain Square does to the business center of Cincinnati. Most of the Aldermen spoke in favor of the lease, and it will not doubt be granted at the next meeting. The ground is that on which such immense audiences were gathered in 1871. Cincinnati Enquirer November 13, 1877

Source Cincinnati Enquirer
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Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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