Zurich Citizens News, 1974-11-28, Page 10THURSDAY, NOVEMBI`R 28, 1974
Message fro
The accompanying state-
ment is a complete breakdown
of the financial operations of
the 1974 Festival, If considered
only in itself, one would quick-
ly reach the assumption that in
view of the large crowds in
attendance and the many long
hours of planning and operat-
ing by so very many willing
and unwilling volunteers, the
Annual Bean Festival is a
waste of time from a financial
standpoint.
However, we must look at
the overall picture if we are
to be objective about the
Festival. The committee which
was originally in charge of
starting this anticipated annual
event decided that the main
objective would be publicity
for this predominantly bean
growing area generally and the
immediate community specif-
ically. This objective has been
overwhelmingly successful
since you can find people who
have heard of our smallcomm-
unity's activity anywhere from
Halifax to Vancouver to Los
Angeles to Miami. Surely this
alone vindicates the decisions
of the organizers.
From a financial standpoint
we must remember a few very
pertinent facts:
(1) The Bean Festival Com-
ZURICH CITIZENS NEWS pAC
re president
mittee spends an average of
$2, 500 per year for advertising
and entertainment to attract
the crowds from which all
participating organizations and
individuals reap their profits.
(2) The only funds the Com-
mittee derives from the oper-
ation are from the sale of bean
dinners, packaged baked beans,
coffee outlets at three serving
tables, and concession rentals--
as may or may not be known
generally, area organizations
and individuals pay a rental
of $10, for their concession
space and keep all profits they
make --until 1974 this fee was
only $5.
(3) We make no admittance
charge for the day -long event
but allow our visitors to wand-
er unmolested about our mall
arrangement trusting that any
moneys they have to spend will
be left with our concessions
if we have satisfactory prod-
ucts and service.
(4) Although we have not
seen fit to request financial
reports from participating con-
cession holders, etc., verbal
estimates of relative profits
have been forthcoming in most
instances and from these we
readily ascertain that the Com-
mittee profits from the event
are just a small percentage of
the total. For instance in 1974
one participating organization
alone, and we don't say this
the least bit begrudgingly--
more power to them and their
excellent workers --derived
twice the profit of the commit-
tee itself,
(5) Gross income of the
Festival Committee over the
past nine years has been close
to $70, 000. A close estimate
of gross income for our organ-
izations and businesses, includ-
ing our local hotel, would be
a further $50, 000. This comb-
ines conservative estimate of
$120 000, gross income indic-
�Food
ates the finncial benefits der-
ived by the community.
(6) The Bean Festival Comm-
ittee owns equipment and inv-
entory conservatively estimated
at $6, 000. in addition to the
cash balance of $3, 000 and
the Village -held Trust Fund of
close to $3, 000.
As you may have surmised
by now, this preamble is not
merely to illustrate the import-
ance of the Festival to the corn-
munity, but also to endeavour
to create some interest in the
physical side of things. Since
its inception the planning and
the actual event have been dir-
ected by Stewart Deitz, Glen
Thiel, Doug Armstrong and
Ray McKinnon alternating from
year to year. Stewart Deitz
.and Doug Armstrong have left '
our community. Glen Thiel
and Ray McKinnon are just
tired of carrying the responsib-
ility. Every year Mr. and Mrs.
Gerald Gingerich have been
responsible for the food operas -
ion and have spent untold hours
of planning, ordering and hard
(continued on page 12)
ZURICH BEAN
1974 FINANCIAL
RECEIPTS
Meal Tickets
Coffee
Concessions & Midway
Sale of Meat, Beans, etc.
Donation (Pork Producers)
Interest
EXPENSES
Advertising
Rent
Bean Queen Contest
Entertainment
Horse-shoe
Coffee
Garbage
Insurance
Repairs, Maint., supplies
Stationary & Meal Tickets
Postage
TOTAL EXPENSES
1974 receipts over expenses
TRUST FUND HELD BY THE VILLAGE
ZURICH, April 1972
INTEREST EARNED TO DATE -
Balance Oct. 31, 1974
Balance cash in Bank $2,
TOTAL CASH ON HAND
Prepared by W,D, Armstrong, Treas.
FESTIVAL
STATEMENT
$ 7.376.L5
344.85
374.00
732.00
25.00 e
10.48
$8, 862.48
$ 4, 939.71
967..26
288.55
119.45
460.19
300.00
50.80
100.00
141.64
86.14
85,94,
10.00
$7, 549.68
1, 312, 80
OF
$2, 500.00
389.37
2, 889.37
999.19
$5, 845.69
Nov. 14/74
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CHEESE SLICES BLACK DIAMOND 8 OZ 5
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5
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NABOB SUNGOLD
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SUPRE 1 F
1. E S I I, E' S rp
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AP
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IPPS REGULAR 69¢ PKG
CASCADE
50 OZ
2 LB
ST
P
Ls 3 1/2 OZ PKG
PKG of 4
KE
UIT C
1 LB
L49
$L68
2/9""c
5/8 It
9c
2 LB 6 OZ
$1.5
BEAT THE NIGH CAST OF EATING...SHOP THESE
Extra
Special
6
DIFFERENT
MAKES .
img0e4 49641. 460*** 440110fr
Artificial
Christ " s
Trees
qif
COUNTRY STYLE
rr<,,
r er ,
SHOULDER CEHOPS or ROASTS
LE
SPRUCE
and
PINE
FULLY COOKED 2 I/2 - 3 1/2 LB
er
ESSEX VAC PAI:
$
LI3
LB
JPUU SPECIALS- Dere
CANADA NO 1
KRAFT 1 LB - SMOOTH or CRUNCHIE
ArP
U.S. NO 1
TANGERINES
2 DOZ 88
6 FOOT - 85 TIP ONLY
NOEL CANADIAN HR $15,99
7 FOOT - 165 TIPS REG $39.00
NOMACANADIAN,. HR $29.99
All trees at last year's prices - we
will not be undersold on any of our
trees
INDOOR a OUTDOOR
LIGHTS
SETS of 15 & 25
Wrapping paper, Icicles, Imitation
Snow, Hanging Decorations, Candles
ALL AT LAST YEAR'S PRICES
PEPPERIDGE FARM
FROZEN
Layer Cakes 78
HOME-MADE
LBea 3
�
se TIN
$2
COIL LB
7
With every purchase of $10 or more, fill
in this coupon and drop ft into our store.
DRAWFOR $25 `t:ERCHANDISE
(Name)
(Address)
Last week's winner Mrs. Joan Corriveau, Zurich
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C1-IIQUITA
BANANAS
2 L9 33C
U. S, NO 1
CELERY STALKS
s Mi4
U.S. NO1
HEAD LETTUCE
4iL
U.S. NO 1
GREEN GRAPES
2 LB }7c
SP
PhONF 238.2512
GRAND BEND
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