Clipping:Washington Club finances 3

19C Clippings
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Date	Saturday, July 5, 1890
Text	When he took charge of the club upon the death of his father the total debt was $43,458.84, including salaries due players under contract for September and October, 1888, $10,058,84, or a monthly expenditure of $5000 for salaries alone. At this time the assets were $1551.85 cash, and a deposit with the National League, as a guaranty fund, of $3000. When the club left the League he received for certain players $8200 instead of $14,000, as stated at the time; $12,000 for the option on the lease of the grounds at Capital Park and $7000 for the franchise, instead of $20,000 as alleged, and these sums have been utilized by him in maintaining the present Atlantic Association organization at the Capital.
Source	Sporting Life
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Submitted by	Richard Hershberger
Origin	Initial Hershberger Clippings

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