SATISFACTORY YEAR.

Auckland Star, Volume LXIX, Issue 177, 29 July 1938, Page 12

SATISFACTORY YEAR.

CANTERBURY PARK CLUB.

INCREASED CREDIT BALANCE.

The Canterbury Park Trottin~ Oub', annual report discloses that" after deducting depreciation, £1026, the 5" £1 3 8 3 CO, w^ V l er ex " en <l'ture' amounts 10 4.1J83, which must be considered s^ t r f s fl °-- Duri,,g the of £?mn £S9 '°™ Bt akes, an increase of £1010 over the previous vear tJ,J 1 ~?- S^- t f n,ent of ac «>unts shows that ir 6 £ e iV™T ?' r r enue were tota,isatore £17,090, stands and gates £2098 S5 *SK' eptances £16^' £MM S£ d fi^ d deposit withdrawn £8«7?' n ex Penditure included stakes *.»»70, Government taxes £5561 ex penees of race meetings £1355, repairs and maintenance £1287; totalisator expenses £1808 and Bell Punch electee totahsators £1824. A sun, of £1500 was placed on fixed deposit, and after starting with a credit of £1289 the ye ™ ° ,OSed with a cred >t of £1466 PtSa *^ et ! imlude eash 5n bank £/540, investments £1005, land £1479 buildings and machinery ±.bBOO, and buildings £7743. the total being £25,336, with no liabilities.