The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1893-05-12
BIG FINANcIAL pKonLEsI
Connected With tho FaIr-Tho Expenses of
the Big Show,

Connected WIN tho rnlr-IhO Expenses oil
the Big Show,
Nsw York Tins,
Now that the gates of the Worlds
Fair have been opened and the exhibit
ton unanimously declared to be the
greatest ever held, taking into con-
sideration the number and excellence
OF the various displays and the archi-
tectural merit OF the buildings, tho d.
rectors arc confronted with tho very
serious problem OF how to make both
ends meet
How serious d problem this Is may
DO shown by plain statement OF fact,
Over $33, $50, 900 has been expended in
tho construction of the 200 or more
buildings within the limits OF Jackson
Park. OF this amount the national and
state governments have spent over
Sl2,000,0O0.
These receipts amount TO about
300, 900, leaving $l4300,00O OF the
100000 received from other sources.
The $l4,G50,0O0 which will have to be
accounted for under any circumstances
includes the following amounts: Six
per cent debenture bonds, duo January
/, next year, S4094.500; loan from the
city OF Chicago, secured by bonds,
S5,000,0O0; on stock subscriptions,
5000, 200, the exact amount being
Sl+G4S,2G0,
Not counting the interest on, say, in
round numbers Sl5,00O,000, tho amount
which must remain in tho treasury at
the end OF the fair, after all expenses
are paid, is either Sl5,00O,00O, or ST..
100000 il the fair is kept open on Sum
days.
The directory has figured all along
that the operating expenses would be
paid by the receipts from the conces-
sions which have been granted. In all
cases where concessions have been
granted tho exposition hiss insisted on
receiving from the concessionaires from
10 to rs per cent OF the gross receipts.
The department OF concessions refuses
to give out any figures, but it is esti-
mated that about $50 concessions have
been granted.
Some OF them arc very valuable and
others will not bring much money, but,
taking the fair officials at their own es-
innate, that the receipts from conces-
sions will offset tho daily running eX-
penses, there is still the $4,000, 900 or
$780, 900 to be provided for.
This can come only from tho gate re-
ceipts. The daily gate receipts must
aggregate either $4,000 or $4,000 in
round numbers TO cover the amount.
which means daily attendance Of
either 10000 or 10000 people paying
fifty cents each.
On the opening day 1886 people
paid TO get inside the gates. Since then
the paid admissions have fallen off to
10000 or 10000 n day. II will be seen
from this that, even with the big ut
tendance OF the opening day. the re-
ceipts were not large enough to come
up to what must be the average re-
ccip's for 1888 days.
Then, TOO, the attendance on the open.
ing day or since then is no proof OF
what it will be later. So many reports
had been sent out OF the incomplete
ness OF the EXHIBITS that few strngers
visited Chicago on May /. The rail
roads report that, all together, they
only brought into the city 1000 people
from outside Cook county last Monday.
Most OF the strangers who we're here,
however, came ahead OF time. There
were probably not $1,000 OF these all
told.