THE DARTMOUTH COLLEGE CLUB OF NEW YORK
The Board of Governors of the Dartmouth College Club of New York City has issued its first report under date of September 1. The prospects of the Club are most promising and some idea of its status can be gathered from the following quotations from the report of the Board of Governors.
''Without anticipating the Treasurer's report, which will no doubt relieve the minds of those members who somehow doubted the financial success, of a Dartmouth Club, it may be said that a great deal of whatever progress has been made, is due to the increased membership beyond the expected number on which the financial structure of the Club was based. The original men, to the number of 426, who in years past subscribed varying amounts for a club when, if and as organized, for the most part completed their requirements for admission. A considerable number, however did not, due to changed conditions, removals from town, and no doubt, in the case of the younger men, to an unanticipated increase in the birth rate.
'"From an expected membership of 500 resident members, this has grown to 650, the number billed on Sept 1, 1927'. The non-resident members on that date amounted to 395, a total of 1045. That there will be a shrinkage from that is to be expected, but the membership should not fall below 1000 this fall, even without adding the members which we can normally expect to receive from the Class of 1927, which, if it does as well as 1926, should add 50. Nor does it allow for the increase in non-resident members, a growth which is apparent almost daily as more men from out of town become familiar with the Club. What limit there may be for non-residents is hard to say. There are 14,000 graduates and non-graduates of the College, and surely 400, the present number, is a very small percentage. The Membership Committee, now with A. L. Smith 'l2, as chairman, is at work on further increases, and should get them especially this fall with the various activities of "the season centering around the Club.
"The initial resident of the Club moved in November 2. This first month showed a slow increase in the number of guests, either resident or transient. By December, however, the Club was more largely used, and barring some probably seasonal slumps, the number of rooms has not been far ahead of the demand, while on several occasions, we have been forced to take the extra room in the Fraternity Clubs building to take care of the overflow. What the fall business will amount to is difficult to determine, though the reservations now on file promise to keep the rooms very well filled. The room revenues, since November, have not fallen below $l4OO per month, with $1725 as the high mark. It is fair to assume that the average for the coming year will be close to $1550 per month, at which rate or even lower the Club will continue to break better than even. The rooms have given general satisfaction, though more single rooms would be helpful. The only weakness in the room situation is the bath rooms, but plans for improving them have been considered and authority to make them given by the Board.
"The dining room situation, while offering no profit to the Club, has proved a decided money maker in that the Club is relieved of all investment and expense, having only to make a certain guarantee. While this guarantee was not quite met during the months of July and August, the average for all other months so far exceeded the guarantee that no comment has been made by the Allerton Cos., on those months which were short of the guarantee."
The treasurer's report, which is issued in the same bulletin of the Club, shows in its condensed Profit and Loss Statement an excess of income over expenses of $4,570.43.
