New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-03-15
MANHATTAN CLUB FINANCES
THE ANNUAL. REPORT SHOWS y DE-
FICIENCN.
BrrrBIICAN VICTORIES CAUSE MANY RESIGNA-
TIoNS FROM THE BIG DEMOCRATIC CLUB
THE RENT or THE CLUBHOUSE

THE RENT OF TILL LII DIV 80
RAISED $500.
The annual report Of the Manhattan CinD '"r me
wear ending February Is presents some hgureS
and statistics which furnish considerable iood ior
corof,,I consideration ami serious reflection by the
members Of the club and 10y the public in general
u ,iu NOT be surprising for the people of NewNork
~ learn that the great tidal wave Of Republican
votes of last November has had an appreciate
effect upon the Manhattan club, ana the people
who are fond OF studying results of political land
sudos may read the annual report of the cub
with "a ken interest; and they viii probably
roach the conclusion that the great Democratic
cIuh may have 10 observe the strictest kind OF
economy If it wishes to continue in the Stewart
mansion at Fifth-avc. and Thirty-fourth-St Among
\ew-York clubmen there has often been talk
about the wisdom Of the Manhattan Club IN living
in its present headquarters and the opinion has
often been expressed that the tremendous rental
would sooner or later drive the club to other quar-
tiers.
The most surprising thing in the clubs annual
report is that it shows that PA members nave re-
signed in the year 1t is TO be supposed that tins
number of designations is confined cmehy 10 Ohe
Few months following the November election to the
end of the year. The fact that number OF ram
many oficeholaers have been thrown out OF the"
soft berths with fat salaries may be one rea'o"
for the decrease in the membership OF the 'I"''
This is where the effect of the recent elecuo" Oh
The club can be seen. 1t has Impoverished some "a
the members. Besides the 2ii members WIG =,
signed forty-siX others were dropped from inc I'
and twenty-five died, making total loss u QUO
This number represents $3.50 in dues LdS' S'i'
only thirty-one new members were elected anu IL
does not seem probable that after the nara Demo
cratic times many new members VIII oe taken III
this year 50 the loss in dues from the $l5 members
who resigned, died were dropped from the cruz
last year. will be almost net loss.
The estimate Of the clubs expenses for the year
is S5l 200 and Of this amount $500 j. 10 be raid
for rent which is increase of $3.50 from las;
year. The clubs payroll is estimated AT $77"N To
meet expenditures Of S52p the club estimates that
1t VIII receive $1,000 from initiation fees and dues
and $4,000 from profits and room rent The total
membership Of the CLUB eAeIuSEe ot ''e men VIZ
exempt from paying dutS, Is LUIS ana as W
annual dues are 500. the cub NIL receive AulNO
in dues unless the present ratio Of designations Il
According to lie report the excess Of expenditures
income fer last year was >ll'6l % In the as
sets OF the club is included SN0W& wAlch l. du"
and owing from the members. The cash held 10y
the club in the bank is 1893 a. against $-N in the
previous year. The wine and liquor stock account
Of the club was S-53l4. The value of the furniture
is put at $1,000 The OF the club for tne year
were 500 500 which includes $3.50 In bank, $500
and &12gs in misce laneous l,eHs. Against ms a.
Liabilities SILK IN unpaid bills, Ne" INeS PAL
in advance. and $3.50 from surplus account o. lN}
Here some Of the items taken from tn ~
pcuSe account Of the annual report To saarl's
wages and board OF servants, $"i ~, mes ana ',-
pairs OF furniture. sl9Vi; rent %3"h IN eN-
penses for the last year we're $lWI%. and the re-
cepts N5o22s leaving deiic; OF SO35l. The report
says distinctly That <9V-2> Is tn' ota! income rom
all sources but II adds that during the yea. 500
received in initiation foes. This amount j.. de-
cents leaving deficiency for the year OF ISL
In view of the fact that there j. a deficiency for
last year. that Sl5 members have ieit the eps ana
clubmen do not think that the Manhattan can
probably continue in its present headquarters.