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No better illustration of the wisdom in appointing a Graduate Treasurer and Manager could be had than the reports of the financial standings of the different teams for last year. A summary of the expenses and receipts is given below. It will be seen by a comparison with figures of previous years that there has been a constant tendency to increase the expenditures, a necessary result of the present system of management and of the competition which exists between college teams. A recapitulation of the total expenses and receipts follows:
RECEIPTS
Lawn Tennis Association $1,058.41
Cycling Association 367.67
Athletic Association 5.048.65
Foot Ball Association 17,802.28
Base Ball Association 20,239.86
Cricket Club 581.06
Boat Club 7,415.66
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Total $52,513.59
EXPENSES
Lawn Tennis Association $1,010.27
Cycling Association 321.81
Athletic Association 5,038.79
Foot Ball Association 11,487.50
Base Ball Association 18,840.26
Cricket Club 580.11
Boat Club 7,401.31
-
Total $44,680.05
Retained by teams 3,018.76
Surplus fund 4,814.78
-
Total $52,513.59
If to this was added the accounts of the freshman teams, the result of the year's business for all the athletic organizations under the articles of agreement is:
Receipts $58,441.59
Expenses 50,259.05
Retained by teams 3,233.69
Surplus fund 4,948.88
-
Total $58,441.59
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