The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-06-09

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psny. H. miprlernrh'c on n WIN M irtrf
Siew N whieh hn tod ~ hs fepapns h" and
ma rast nos had toe sttina ouf ttc said
This sntsfpfIar etnrat NO PROPERLY MANAGED
anlsta one devrtrt bic vholH um0 ~ " VI"
oouid M, ~ iha' and W. ~ no. Fani ~ have
aug lahofa ~ ouf future N thia neld confined
70 this ora enterprise" Hines ~ have been
herr w. have ha"u n'sl"ttitg mar nthef ehter-
p~risse-tamolt Luna raft and vanity Fair
tour new pntsrtftsu ~ Port Geufaci We have
had h work Hneen hours y dty and have
daily fun the chan0r NJ either beirE Killed ~
arrested IN automobiles In trying fo rn a. and
from Luna rafh We wanted a. do more than
be held up here. We have GOT q reputation
fof producing great succcases, and W. are
leaving the now n rolng concern.
va have been dosifous ~ getting out for
several months There was no hotter time
than this, because We have %comp'ccd all
arrangements and have acts booked from III"
opening In September mp 10 the first Of neHt
January. The company could practically run
itself uhtll thcn, even II no rev manager IL
secured, The acts va have arranged for are
the big gest acts we have ever given here,
Including n big polar bear act which We So
cured IN Europe. The enterprise II an aa-
sured success. aud we feel perfectly justified
now to carry out an intention we have had
for some time and devote our time 10 other
enterprise.
No one can properly understand the work
that this has been. No sooner IL one act put
on here than you have to be arranging for the
future. and II leaves scarcely any time for
anything else. Although We secured nine
acres Of ground NJ Fort George for our new
scheme VANITY Fair four months ago. j have
been so busy here that | have not been able
even to go up there and see II myself.
Mr.. Thompson replied to the suggestion
that there might have been dissatisfaction
over he financial ret urn on he investment
by showing he balance sheet struck on
In April, when the Hippodrome celebrated
It's first anniversary. The figures
showed a net income over and above all
expenses, including he rent on The ground,
OF sc5O.OJO. which would be M per cent.
on the total Capitalization Of the Hippo
dromc company-s2 600, 900.
Il think you can judge for yourself as
to the financial success, said Mr.. Thomp-
son, showing these figures. There is no
dissatisfaction among the stockholders or
directors We have parted the best of
friends. They understood { hat our deter
minatiUn to wit hdraw was inevitable and
eyeryt hing was harmonious to-day. The
story hat our receipts have been running
dovn recently is absurd. The thing will be
an even greater success next year, | should
say. We are really only retiring as man
ayers and will still retain our interest 20
that we will be connected with the Hippo
drome IN a way
According to Mr.. Thompson, when the
Hippodrome was oEened on April IL Of last
year the firm OF Thompson d Dundy and
the Hippodrome company made a contract
whereby Thompson Il Dundy were to act
as managers OF the enterprise until April IL,
1907. Is managers Thompson 4 Dundy got
a large salary in addition to the dividends
paid on the stock. The contract had nearly
a year more to run. According to MIR.
Thompson, it was at the request Of his part
ner and himself that this contract was ter
minated before it expired.
Thompson 4 Dundy conceived the project
q little over two years ago, They had no
dificulty in getting capital, for Mr. Gates,
admirers of Luna Park. The United States
Realty Company had bought the ground
on which the old car barns used to be and
this was leased to the Hippodrome company
that was then formed I'D This lease runs
pany put up the building and has managed
the enterprise, but, of course, Thompson
q Dundy have been the whole thing in the
management, Dundy taking care Of the
financial end and Thompson looking after
$1,000, 900,
yesterday was that the plan to extend the
Hippodrome idea to other cities, so widely
talked of after the Hippodrome's initial
success, had practically been a failure.
Tn reason for this, he explained. was that
In no city except New York could a show
such as that at the Hippodrome run all
the season and make money.
In order to see whether such a scheme
was possible the Hippodrome's first show,
"A Yankee Circus in Mars" was sent on
the road some months ago. 1t opened in
Chicago and played in Boston and Philadel-
phia. but the result, as Mr., Thompson said
yesterday, was to prove that not even In
Chicago were there enough people TO supply
an audience long enough to make a Hip
podrome pay. The plan has been aban-
doned. Whether other promoters will take
IL nm rema ina tO he SpaD.
The officers Of the Hippodrome company
have been Elmer S, Dundy, president;
r. G: Babbage, vice-president and secretary,
and Harry s. Black, Paul Starrett, John w.
Gates, William H.. Chesebrough, w. L.
Fellows and L.. L, Smith, directors. John A.
Drake, while not an officer, is said to be one
Of the largest individual stockholders,
Luna Park Is practically owned by Thomp-
Fair will also be practically their own.
Their interest In Linn Park il something