Clipping:The financial condition of the Athletic Club; the attendance

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Date Sunday, May 19, 1872
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[at the club monthly meeting of 5/13/1872] The treasurer’s report was first taken up and the items read by the president, Mr. Hayhurst, who congratulated the members upon the flattering condition of the finances. The sale of seats and season tickets, for which the cash had been received, amounts to $3310, the subscriptions of members, $370. These amounts, in addition to gate receipts on games already played amount to $5580.70. From this amount a portion of the club’s debt has been paid, together with salaries to players and other current expenses, leaving a balance on hand of $598.17.

The election of a director was then proceeded with, Messrs. William A. Porter and John I. Rogers being placed in nomination. The balloting was done on roll call, and resulted in the selection of Mr. Wm. A. Porter, the vote being as follows: Wm. A. Porter......63, John I. Rogers......48. Philadelphia Sunday Dispatch May 19, 1872

The treasurer reported 254 stockholders as paid up, which, at $15 each, gives a total of $3,810, an increase of $1,960 over the same source and same time of last year. The total receipts so far have been $5,580.70, out of which all expenses have been paid, and also part of the debt incurred last year. There is a balance of $598.17. Philadelphia Sunday Republic May 19, 1872

The treasurer’s report stated that the club numbered 254 members, paying $15 each at present; while, at the same period last year 370 members’ names, paying $5 each, were on the books; so the increase of subscription from $5 to $15 has made a material change for the better in the finances of the club, but loses the club quite a number of its early supporters. New York Clipper May 25, 1872

Source Philadelphia Sunday Dispatch
Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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