HUNT LOSES £lO6
Race Profit Of £1255 A profit of £1255 on the annual race meeting is shown in the annual report and balance sheet to be presented to members of the South Canterbury hunt on February 28. But the other activities of the hunt during 1961 offset all the race meeting profit and resulted in a loss of £lO6 for the year. Totalisator receipts from the race meeting, amounting to £4517, compared with £4935 in 1960. were the hunt’s main source of income. Gate receipts, at £l7B, were down £7l on the previous year, but nomination and acceptance fees rose from £629 to £667 10s. The principal items of expenditure on the race meeting were stakes £2450, totalisator commission £5ll, salaries and wages £449, and rent of the Washdyke course £3OB.
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Press, Volume CI, Issue 29746, 13 February 1962, Page 4
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132HUNT LOSES £lO6 Press, Volume CI, Issue 29746, 13 February 1962, Page 4
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