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1972 CAFR LQ
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1972 CAFR LQ
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12/14/2015 4:18:48 PM
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ON THE EXPENSE STATEMENT, SALARIES AND WAGES ARE UP 319,042. OVER <br />LAST YEAR BECAUSE CONTRACT NEGOTIATIONS FOR CLERKS AND BARTENDERS <br />FOR 1971 WERE NOT SETTLED UNTIL DECEMBER 1971. THEREFORE, THE 1ST <br />9 MONTHS OF 1971 EMPLOYEES WERE WORKING AT 1970 RATES. <br />THEN IN DECEMBER 1971 RETRO -ACTIVE PAY WAS PAID FOR ALL OF 1971. <br />THEREFORE WAGES SHOULD EVEN OUT SOME IN THE 4TH QUARTER OF 1972, <br />PROMOTIONAL DISCOUNTS ARE DOWN 310,29$. DUE TO A DECREASE IN <br />PURCHASES OF 383,335. <br />
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