Below is given a report of the receipts and expenses of last year's freshman teams. It will be seen that by the transference of a small amount of the baseball receipts to the crew management, both teams were enabled to clear expenses, while the football team had a considerable surplus:

Freshman football:-

RECEIPTS.

Subscriptions, $401.50

Receipts from games, 3,003.00

Not accounted for, .51

Total, $3,405.83

EXPENSES.

Expense of games, $1,707.81

Outfits, 401.00

Medical attendance, 265.00

Rubbing, 82.75

Training table, 394.54

Care of grounds, 6.00

Travelling expenses, 15.00

Sundries, 128.85

$3,000.95

Retained by club, 50.00

Graduate club-surplus fund, 354.88

$3,405.83

Freshman baseball:-

RECEIPTS.

Receipts from games, $931.65

Subscriptions, 416.50

Total, $1,348.15

EXPENSES.

Expense of games, $785.65

Outfits, 438.76

Care of grounds, 60.00

Printing, 6.00

Rubbing, 6.00

Sundries, 27.40

$1,323.81

Transferred to freshman crew, 24.34

$1,348.15

Freshman to crew:-

RECEIPTS.

Subscriptions, $2,386.24

Class races, 43.00

'96 baseball club, 24.34

Graduate Treasurer surplus, 20.12

Graduate Treasurer's '96 football

surplus, 354.88

Total, $2,828.58

EXPENSES.

Outfits $71.05

Boats and oars, 1,122.10

University crew, 250.00

Training table, 523.00

New London, 802.73

Rubbing, 4.00

Medical, 42.00

Sundries, 13.70

$2,828.58

Recapitulation for freshman teams:-

Receipts by football, $3,405.83

Receipts by baseball, 1,348.15

Receipts by crew, 2,828.58

Total, $7,582.53

Expenses of teams, $7,153.34

Retained by teams, 50.00

Transferred from '96 baseball to '96 crew, 24.34

Transferred from '96 football to surplus, 354.88

$7,582.56

In this connection, it is of interest to compare the accounts of former years. In 1890 the total receipts were $3,826.19, and the expenses $3,663.54; in 1891 the receipts were $5,818.98, and the expenses $4,460.80; in 1892, receipts were $5,928.00 and expenses $5,578.97; and in 1893, $7,582.56, against $7,153.34.