78 TWENTY-THIRD ANNUAL YEAR BOOK— PART III. 



50c admission at the outside gate. Their statements show there was 

 an increase of about 8 per cent in the amount of premiums paid and 

 a slight reduction in the expense of all other departments. The de- 

 crease in the total expense of these fairs amounted to about S J / 2 per 

 cent. Sixty-seven fairs showed a profit of $136,144.30 and twenty- 

 seven a loss of $22,836.57, leaving a net profit on all fairs of $113,- 

 307.73. These figures take into consideration only the receipts and 

 operating expense of the fair. From this profit and the receipts 

 other than fair, such as stock sold, subscriptions, etc., must be paid 

 the maintenance of the grounds and buildings and any additions or 

 improvements made on the grounds. 



The receipts from the fairs were as follows : Outside gates, 

 $566,237.72; grand stand, $188,361.39; entry fees, speed depart- 

 ment, $31,617.62; concessions and privileges, $138,316.45; adver- 

 tising in premium list and programs, $29,946.86; state aid, $168,- 

 062.33; miscellaneous receipts, $150,211.49, making the total receipts 

 from the operation of all fairs, $1,272,753.86. Adding to this the 

 balance on hand at the beginning of the year, $85,690.36 and the 

 receipts other than fair, $257,627.52, which includes subscriptions, 

 stock sold, etc., makes the total receipts of all fairs $1,616,071.74. 



The disbursements covering the operating expense of these fairs 

 were as follows: Premiums other than speed, $323,217.69; purses 

 for speed events, $197,465.47; music and attractions, $276,580.78, 

 and the miscellaneous expense, $362,182.19, making the total ex- 

 pense of all fairs $1,159,446.13. 



In addition to the actual operating expense of the fairs, the in- 

 debtedness of previous years paid during the current year amounted 

 to $148,022.28, and there was expended for improvements, main- 

 tenance, etc., $234,801.84, making the total disbursements $1,542,- 

 270.25. 



Sixty-six fairs closed the year with a balance of $105,766.09 on 

 hand. Nineteen show an over-draft of $31,964.60, and ten show 

 their accounts just balance. The grounds and buildings are valued 

 at $3,896,645.60 and the interest bearing indebtedness amounts to 

 $1,133,326.58. 



The reports of these fairs indicate that the breeders and other 

 exhibitors are showing a keener interest in these institutions. This 

 is evident by a substantial increase in the number of exhibitors in 

 all departments and the increase in the number of head of live stock 

 shown. There is also evidence of a closer co-operation between 

 the management of these fairs and the farmer and the breeders of 



