Word: faires
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Dates: during 1930-1939
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These figures for 164 days of operation do not yet include the month of August (the Fair's,best so far) nor do they show that practically the entire operating profit was made in the last two months of the six accounted for. In 124 days (Aug. 1 to Dec. 2) to go the Fair has a good chance of breaking even...
...Golden Gate Exposition was not set up like New York's World of Tomorrow. The New York Fair burdened itself with $26,995,000 worth of bonds which were supposedly to be paid off, and although it has operating profits of $4,105,000, it has still some $30,000,000 of bonds and debts...
...instead of selling bonds collected $6,000,000 in "contributions" and the contributors have only an equity in any possible net profits. So the Exposition had as liabilities only its $4,900,000 of bank loans, debts to contractors etc., of which $686,000 has been paid off. The Fair has now in the till upwards of $1,500,000 (allocated to its creditors but not yet paid), leaving its net liabilities at approximately...
...which the San Francisco Fair must pay off to break even is only about 10% of the $50,000,000 invested in the Exposition. There are few figures to show whether the exhibitors who spent an estimated $13,000,000, the State which gave $5,000,000, and the Federal Government which spent $1,500,000 will get their money's worth. But there are data which indicate what the contributors of $6,000,000 to the Exposition corporation are getting in the form of business...
California has this year the biggest rush of tourists in its history, has taken from them at least $100,000,000 of new business. For this a quiet, gangling Texan named Clyde Milner Vandeburg (32), director of Fair promotion, and his assistant, beaming Crompton Bangs Jr. (29), former G-Man are largely responsible. Two years ago Promoter Vandeburg talked Fair managers into selling their Big Show rs a peg on which to hang a national campaign of travel to eleven far-western States instead of merely plugging San Francisco. To tie the westward movement into a national travel merry...