The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-02-12

FRos Trs INCORPORATION TO THE lsT OF DscEM
BN, 1868,
Receipts.
Capita! stock $500 COO, ueductng ITO
shares not issued sl4 600 ........ $4,000 90
Sale o. tickets daily, mosthly, and sea
SOL, from l4th July to 30th Novea-
Der, inclusive. .................., SGO,7O2 20
Refreshments. $3.50. .....-..... s.31l So
Sale OF catalogue, 10 Isl December, in
Cash loaned by directors. ........ b 900 90
CASH advanced by Duncan, Sherman 4
Co..................... 1896 50
Bills payable. Observation-Disclosures. 6,35l Y
Total. ACKNOWLEDGEMENTS. 1891 ,O7O ~
Expenditures.
Construction account, including inside railing and
outside fences IN part, plumbing, outside awning,
laying cut grounds, boiler house and store house on
Forty second and Forty.third streets. 1888 70S As
Glaim on CITY government Tor tagging. 1890 80
Fitting, furnishing and decorations, in.
Guiding ga fixtures, counters ana Ia
bles flags and fagstaDs, Office turn
ture, &c, &c. .......... ...,........ lOl,l72 81
IrciG6Tt0k E3pfnSeS.-E ward Riddle,
purchase of lease. ................ 10000 90
Char as Buscnek, general agent in Eu-
rope, in.ludtne parchase Of Amazon 10000 90
Charles Baschek-Resoluton OF Board. 500 90
4 slndry charges ... ,079 "A
Col Hughes special European agent. 5.4l2 ~
Sundry travelling ia tie United States l,S3l Ii
Seven local committees ............. 3G5l 9S
Foreign freight and marine insurance,
paid under special agreement, for TX
bbition of 1853 ................ 1920 os
Fire insurance. ACKNOWLEDGEMENTS. 4,203 10
Custom House department.. .......... 6,2SG 50
Receiving goods and Custom House
charges paid under special agree.
ment, az above. ........,.....e... 2Gl9 10
American freight. .................. AS 81
Postage. before aRd since the opening
OF the Exhibition. ..........,.... ga so
Office expenses, well before as since
the Coz petion ., the building III. 2,sl2 %
Publicity, advertising, stationery, en-
CRAVING. ................... l7l7G 81
General charges including conribu-
tons TO benevolent societies, imposed
Salaries from May, 1852, to the date of
statement :. ....................... 1904 81
Catalogue. Observation-Disclosures. S462 10
jury department, TO date Of state nent) 7s6 80
Design Of ptize medal. .............. 275 90
Expenses and rent q room for meeting
OF BoaId and sundry committees I. $50 90
Interest = Duncan Sherman Co... 3,2l7 II
Discount. Observation-Disclosures. AS 81
Police, before l4ih July .............. s,095 50
Sl52 1856 S3-
Superintendencc and manage nent of
the Exhibition including pay OF 30.
ice. wages il All the different depart.
meats. gas, &c, &C &c., from July
"a, 70 December /. [Tbis includes
very considerable sum paid for wages
before the opening as it was neces.
sary to employ many hands from tue
time that goods began to be received
in the b1ildingl ................ 99,l32 GO
Total ,.......... ss9l O7o u
G. Z. ANDERSON, Treasurer.
1t viii be observed that the above
statement is made ont only To the lst of
December Since that date the receipts
have been from al sources, to Febru-
ary /, 1854 ...-...........',..'...,. 47,so2 %
During that time the heat ne arrange.
ments have been made, and various eX-
penses incurred in regard TO the jury
department the foreign agency ana the
exhibition Of 1854, which consi ieraby
]. increases the tebt Of fhe association as
IL appeared on the lst OF December
The present indebtedness of the compa-
nv over sn6 above all receipts, nclud.
ing all bills presented TO this time which
gre admitted or believed 10 be due, is 1925 900 90
This IS in part secured by mortgage on the bnid-
ing.
1t is apparent, from the foregoing statement that
abe disappointment in regard TO the financial results
at the enterprise is Que msuly 10 the fact OF the
tuliing not being completed At the time for which
Il was intended, viz; the first OF May, 1853.
This was owing TO causes over which the directors
had no control. The exhibition was VITA great ef-
fort aud difficulty got ready FOR opening The l4th
of July, aud tten but in vSry incomplete state
Neither the machinery set IN motion nor the pic.
fure gallery opened till the LIST Of September aud
the season closed on the LIT of December the ex.
hbitors then being entitled 20 permission TO with.
daw their goods Instead Therefore Of a period of
exhibition Of seven months, the Association had in
fact but about three; during that three months the
sum received from the sale Of daily tickets, was
S245 800 90.s
II it had been opened in May, it is plain that the
result would have oeen very different
The delay OF the opening also operated very in
"A
building was ready 70 receive goods II became the
duty, a. II was the interest OF the Association, to
make every exertion TO relieve the exhibitors many
of whom had been already waiting a long time;
and, in Consequence, q large amount OF wages
and OF expense was incurred by the Association
which in the regular state OF things would
not have been necessary. II was indispen
ably requisite also to organize the police tor some
time before the doors were opened TO the public and
this has always been one Of the heaviest hesds O.
expense.
The period from the lIth OF July 10 the Soth No.
yember Ia ll9 working days. The above expen.
diture would make daily charge Of 1888 05. Bat
tlis is greatly beyond the proper or necessary ex.
pense OF the Exhibition. During the recent season
il was possible that the Association might have been
considered insurers OF the goods against loss
theft, and an eXtrsor binary expense for police
Therefore incurred. From the lat OF December, al
doubt on this point has been removed by the pub
ished circulars Of the Association aud the police Is
now greatly reduced.
The present weekly expenses OF the establishment
Including salaries, police wages stationery adyerts.
ing, fuel rent, &c, are as follow
WEEKLY ExPENsEs.
Salaries Of officers, &c......'-,s.. s25s 60
Psv-rell OF hands employed in the building 500 90
9Once.. '....''''...., t,.,,........... 500 90
9etty CASH '.'''''''.. ',,t.,',.,....,.... - 90
IsaV de,s 90
Jury department .''''..,.,,..'.,.,...... : 90
Aarpentersi &c, 't.. =. ........ 10 90
Advertising and publishing ........,...,. 2j 90
Gart9ge. ...,..,..... ......... 90
fuel, on &C, ......... ..,.,... $50 90
Rents. OBSERVATION-DISCLOSURES. 80 90
t2I89 Go
VI, per Gay ,,ss..tt.s..tss .tJUD w
Ds't pts from the sale OF daily sts-The
reeeyls we've, fol the month Of
GUY, ~ slp,eSZ 70