The third of a very interesting series of papers on Students' Athletic Management appeared in last Friday's New York Evening Post. This paper is devoted almost exclusively to the financial aspects of athletics here, and treats the matter so fully and concisely that a few extracts will be of interest to the college at large. After explaining the personnel and duties of the Committee on the Regulation of Athletic Sports. commonly known as the Athletic committee, the writer goes on to explain the duties of the graduate treasurer, and the causes which led to the establishment of that office. After a short notice on the affairs of the athletic association, comes a complete statement of the financial condition of the football association, which is as follows:

"In former years Harvard's football expenses have been enormous; but the economical management which has marked the increased efficiency of the FootBall association this fall has greatly reduced the cost of this sport in the university. For the year 1886-89 the total receipts of the association, inclusive of the surplus of $1,181.86 with which the year's account began, were $4,896,88, which sum was $4,043.53 less than the income in 1887-88. The expenses, including the bills payable, were $7,214.38. The debt at the beginning of the present year was, therefore, $2,317.50.

The football season this fall opened with a great outlay in preparing the Springfield grounds for the Yale-Harvard games. In this expense Yale shared. The following summary of the club's revenue and outlay since September is very nearly complete, and has been courteously furnished by the manager for this publication:

RECEIPTS.

Subscriptions, and sale of season tickets. $3,477.00

Princeton game, Cambridge. 5,106.50

Yale game, Springfield. 6,900.00

U. of P. game. Cambridge. 842.75

$16,326.25

EXPENSES.

At Springfield:

Hiring grounds. $100.00

Constructing seats. 1,058.50

Work on field. 233.84

Police. 102.00