Historical June 1980 report or notice. Original dates, prices and contacts describe the source period; current availability has not been established.
The Paper is pleased (and a bit startled) to report it is financially sound.
A year ago we labored under a heavy debt that was paid off later with contributions from area residents and organizations.
This month The Paper thanks the 5800 Waterman Block Club for its generous gift.
In addition to individual contributions, The Paper received a $750 grant from the First National Bank of St. Louis.
This covered the majority of costs for the Art Fair-House Tour issue (our first 16 pager). Also, the costumed Paper Route run (with its expenses underwritten by the Central West End Savings and Loan) added more than $500 to our coffers.
Our advertising staff, under the able management of Ken Cohen, has done much to ensure our current solvency.
We hope to pay future expenses entirely with advertising revenue, but we can do this only with additional volunteer salespersons. After paying the bills for the June issue, we will use some of our funds to purchase much needed equipment, and still approach the September issue with a financial surplus.
As is the custom, there will be no July or August printings.
We hope that the current staff, which has not only served the neighborhood well but also worked well together, will return with renewed enthusiasm after the summer hiatus. Even if we do retain most of the present staff, we still need new volunteers. Any interested resident should contact Peggy Griesbach at 726-5683.
Original photograph caption
Original newspaper finance illustration. The Paper, June 1980, page 2. Artist not credited.
Originally published in The Paper, June 1980.
Read this article in the original newspaper issue.
Original source: SD_Times1980_06.pdf, printed page(s) 2; PDF page(s) 2.
