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COUNTY RACING CLUB

NEWS OF THE TURF

YEAR’S PROFIT £774 The annual report of the Ashburton County Racing Club, to be placed before members on Tuesday afternoon next, includes the follOAVing: “Fine Aveather Avas expereinced for the spring, autumn and winter meetings, four days in all, although the winter meeting Avas postponed a Aveek on account of adverse conditions. All .fixtures Avere most successful and Avere Avell supported by owners and the public. A loss Avas made on the tAvo-day autumn meeting, owing principally to it being held the Aveek follOAVing Easter. Our thanks are due to owners and trainers for their generous support at all meetings. “A total of £9140 Avas paid in stakes, and the totalisator handled £144,142, a record for the club. The Government received £13,793 16s Id in taxation. After making provision for income and social security tax (£316 13s Sd) and allowing for depreciation, the net profit for the year is £774 2s 3d.” The report then revieAvs the negotiations for a neAV stand and other course improvements, as outlined in the Trotting Club’s report, and concludes Avith the statement that .25 neAv members were elected during the year.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19490824.2.53

Bibliographic details

Ashburton Guardian, Volume 69, Issue 267, 24 August 1949, Page 5

Word Count
194

COUNTY RACING CLUB Ashburton Guardian, Volume 69, Issue 267, 24 August 1949, Page 5

COUNTY RACING CLUB Ashburton Guardian, Volume 69, Issue 267, 24 August 1949, Page 5