H. A. A. REPORT FOR 1931-1932

1931-1932 Receipts for the Twelve Months Ended June 30  $923,644.09 Guarantees Paid to Visiting Teams  284,008.98 Amount Available for Athletic and Physical Education  $639,635.11 Total Expenses for all these Purposes  602,905.75 Excess of Income over Expenses  $36,729.36 Income and Expenses of Athletic Association   1931-1932   *Income  Expense Varsity Baseball Team  $13,018.02  $23,401.44 Varsity Crew  3,109.95  27,688.70 Varsity Football  483,756.98  110,776.97 Varsity Track Team  15,378.68  41,059.13 Varsity Hockey Team  9,552.69  20,117.67 Minor Sport Teams and Physical Education Department  123,762.67 Maintenance and Operation of Athletic Buildings and Grounds  151,459.88 Permanent Improvements, Grounds and Buildings  1,666.17 Administrative and Other Expenses  102,973.12     $602,905.75 *Income after deducting guarantees paid to Visiting Teams