Final Report of the Louisiana Purchase Exposition Commission

by Louisiana Purchase Exposition Commission

Cash on hand with treasurer …………………………. $199,888.36 Cash on hand with local treasurer ……………………. 508.33 Cash on hand with paymaster …………………………. 1,500.00 Cash on hand with police court ………………………. 300.00 Bills receivable, S.W. Bolles ……………………….. 153.10 Due from Alexander on account of insurance ……………. 2,040.80 Due from bonding company on account of gatemen ………… 335.20 Estimated revenue from admissions, three months ……….. 3,750.00 Estimated collections from concessions, balance due …………………………… $281,252.98 Estimated collections from Pike rentals, balance due …………………………… 23,862.00 —————— 20,000.00 Estimated collections from service bills, balance due …………………………… 109,211.01 10,000.00 Estimated collections from capital stock, balance due …………………………… 473,741.69 20,000.00 Estimated collections from other sources ……………… 5,000.00 Salvage, per certificates of deposit 463,662.56 Salvage, per bills receivable 150,000.00 —————— 613,662.56 Assets of General Service Company (excluding bills against Louisiana Purchase Exposition Company) ………………………. 40,000.00 Cash in hands of trustees, on account of ground rent ……………………………. 120,768.18 Cash in hands of trustees, on account of music …………………………………. 62,078.23 —————- 182,846.41 ————— $1,099,984.76

(See note.)

LIABILITIES.

Warrants unpaid ………………………….. $43,863.60
Less warrants payable to General Service
Company ……………………………….. 13,706.33
—————- 30,157.27
Special and trust fund ……………………………… 12,599.04
Vouchered accounts, no warrants drawn ………. 56,664.66
Less General Service Company vouchers ………. 26,255.93
—————- 30,408.73
Ground rent ……………………………………….. 9,500.00
Tesson heirs' claim ………………………………… 5,300.00
Unvouchered accounts:
Division of works—
Electrical department …………………. $31,257.10
Mechanical department …………………. 12,702.44
Civil engineering …………………….. 7,723.56
Director's office …………………….. 2,994.24
—————- 54,677.34
Concessions and admissions—
Woodward & Tiernan ……………………. 2,945.15
J.E. Allison …………………………. 39.28
David L. Grey ………………………… 456.00
—————- 3.440.43
Division of exhibits—
Director's office …………………….. 2,140.50
Awards ………………………………. 1,784.50
Art …………………………………. 262.87
Live stock …………………………… 59.25
Electricity ………………………….. 30.25
Education ……………………………. 4.10
Manufactures …………………………. .25
Physical culture ……………………… $30.70
Anthropology …………………………. 387.40
Machinery ……………………………. 76.00
Mines and metallurgy ………………….. 200.00
Model street …………………………. 30.70
Salary, three days in May ……………… 107.46
—————- $5,113.98
Park restoration, three days' salaries and wages ………. 448.41
Park restoration, Art Museum, salaries and wages ………. 117.17
Transportation, salaries and wages …………………… 29.04
Legal department, salaries and wages …………………. 112.11
Secretary's office, salaries and wages ……………….. 426.20
Auditor's office, salaries and wages …………………. 128.61
Collector and local treasurer, salaries and wages ……… 54.40
Treasurer's office, salaries and wages ……………….. 27.76
Care of buildings (janitors), salaries and wages ………. 17.91
Report of Congress of Arts and Sciences ………………. 4,213.91
Diplomas ………………………………………….. 44,000.00
Unmatured liabilities:
Administration expenses during liquidation of
Exposition Company (estimated) …………………… 100,000.00
Publication of president's report ………………….. 10,000.00
Publication reports Congress of Arts and
Sciences ………………………………………. 18,000.00
Publication of physical-culture reports …………….. 5,000.00
Restoration of Forest Park (estimated) ……………… 200,000.00
Restoration of leased tracts and additional
rental thereon (estimated) ………………………. 50,000.00
Taxes for three years on leased tracts, in litigation
(estimated) ……………………………………. 25,000.00
Contingent fund ………………………………….. 20,000.00
Administration expenses of superior jury ……………. 4,000.00
Excess of current assets over current liabilities,
which is exclusive of contingent liabilities in the
shape of suits pending versus Louisiana Purchase
Exposition Company, and other items as per memorandum
below …………………………………………… 467,211.45
—————
$1,099,984.76

CONTINGENT LIABILITIES.

Suits pending against Exposition Company:
Exposition Water Company ………………………….. 63,000.00
Fraternal Identification Company …………………… 50,000.00
Charles Holloway …………………………………. 2,000.00
Star Bottling Company …………………………….. 235,449.79
Do ……………………………………………. 30,600.00
Gardner T. Voorhees ………………………………. 25,000.00
Exposition Water Company ………………………….. 63,000.00
Bessie M. Liggett (two suits), action for rent
of New York office ……………………………… 1,500.00
Willis ………………………………………….. 15,000.00
John Culligan ……………………………………. 100.00
——————-
$562,849.79

(In addition to the above there are a number of claims made by concessionaires, aggregating a large amount, which have not yet been put in suit.)

CONTINGENT ASSETS.

There may be an appropriation made at next session of Congress to pay amount due Louisiana Purchase Exposition Company on account of Philippine exhibit, which amounts to ………… $100,000.00

(This is so uncertain that it can not be counted as a probable asset.)