At the annual meeting of the Lawn Tennis Association last night the following report of the treasurer was read and accepted:
"Last fall the rates for play were materially lowered. The system of season and coupon tickets was introduced, and has proved a great convenience to both players and managers. The reduction of rates caused a lessening in receipts, which was offset by greater economy in the management of the tournaments. The debt originally incurred for making the courts, has been reduced by $150 and now amounts to $250. The following is a summary of the accounts for the year:
To bal. on hand, Oct. 15, '88 $187.71
To bal. '92 subscription for debt 160.00
To bal. Court receipts 402.00
To bal. Sale of season tickets 412.00
To bal. Tournament receipts 69.45
To bal. Sundries 5.00
Total $1236.71
CR.By reduction of debt $150.00
By Interest on debt 24.00
By Labor on courts 240.36
By Repairs on courts 223.02
By New Haven expenses 92.60
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William L. Chase '76.
