V.R.C. Profit Increases
(N Z. Press Association) MELBOURNE. The Victoria Racing Club showed a profit in the 1968-69 financial year of $69,000 an increase of $27,000 over the previous year’s figures, according to the club’s annual report, released yesterday. Operating costs rose from $815,009 to $903,000 and income tax from $31,000 to $57,000. These figures are adjusted to the nearest $lOOO. Attendances were down for the season at Flemington. For the 1968-69 season 475,039 went to Flemington compared with 488,509 the previous year. Prize money increased from $711,028 in the 1967-68 year to $774,660.
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Press, Volume CIX, Issue 32068, 16 August 1969, Page 6
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94V.R.C. Profit Increases Press, Volume CIX, Issue 32068, 16 August 1969, Page 6
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