Clipping:Worcester Club finances
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Date | Thursday, January 6, 1881 |
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Text | The annual meeting of the stockholders of the Worcester Base Ball Club was held at the Bay State House last evening, the president, Hon. Chas. B. Pratt, in the chair. The report of the treasurer, Freeman Brown, was read and laid on the table. The receipts of the year, including $1558.82, the balance from the previous year, were $20,028.09; expenses, $17,139.51; balance on hand, $2883.58. The directors in their report say that in pursuance of the vote passed at the last annual meeting they made application for membership in the National League of professional base ball clubs; the application was favorably received by that organization, and the club admitted. The action then taken without dubt saved the club from bankruptcy and dissolution. The National association, tow hich we belonged in 1879, had not vitality enough to survive the season of 1880, and had we remained in it, we should have inevitably succumbed to disaster, and base ball would have received a fatal blow in Worcester. ... Our receipts at home and abroad in 1880 were $4147 more than in 1879, when we played under the 25 cent tariff. Our salary list was $3563 greater in 1880 than in 1879, and our traveling expenses $1300 more, yet the net and inevitable deficiency was only 30 cents more. In 1879 the deficiency was $1617.38; in 1880 it was $1617.68, of which $200 was lost in the professional walking match venture at the skating rink, so that in reality the loss by base ball in 1880 was $200 less than in the previous year. Worcester Daily Spy January 6, 1881 The Worcester Club held its annual meeting Jan. 5, when the old board of officers was unanimously re-elected. The treasurer's report showed that the receipts of the year were $18,454.27 and the expenses $17,130.31. New York Clipper January 15, 1881 |
Source | Worcester Daily Spy |
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Submitted by | Richard Hershberger |
Origin | Initial Hershberger Clippings |
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