GREYMOUTH FINANCES
Improvement In
Position
(From Our Own Reporter) GREYMOUTH, September 1. “We are In a better position today than we have been for many years, and we owe no debts at all,” said the treasurer (Mr J. P. Low) at the annual meeting of the Greymouth Jockey Club on Wednesday evening.
Mr Low said all debenture holders had been repaid, the holders having foregone two years’ interest which meant a saving of £3OO. The treasurer said that some of the debts had stood for years. The balance-sheet would not have been so good except for the unpaid work members of the committee did around the course.
Mr Low said that the club had shown a profit last year of £322. as against a loss of £2OO the previous year, and £l7OO in the season before that.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19600902.2.29
Bibliographic details
Press, Volume XCIX, Issue 29299, 2 September 1960, Page 5
Word Count
137GREYMOUTH FINANCES Press, Volume XCIX, Issue 29299, 2 September 1960, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in