ROUND THE CORNER

Evening Post, Volume 32, Issue 32, 6 August 1931, Page 10

ROUND THE CORNER

WELLINGTON TROTTING CLUB

CURTAILING EXPENDITURE

Tlit'ii' wan n voiy unotl iiUoiuliumo at I»mI iui{lil'h minimi lucoUuy of tho' WittIttißtort TiodliiK Club, w'liioh wiw liijld (it l'oloiio nilil |)ii>nldi<d ovci by Mr. J. Klinipc.

The nnmml u-pmt nnd bnliincd-Bhoet, which wvio (ulopluil wilhouL itiuuuKMfon, \veio_ vuviewud by Iho cliuhmun. 110 «m----phiisined thiil thu \itn\( youi 'wuh by far lliu most dilllctilt in tlio lilslmy 01 UlO chib. ft Htui'tcd the timing souaon by imllintt Uii'ouuh Ihu lotnlißiitoi 1 the Nuvanibot iMooting, and oy wliowitiK v y\ol\t of 0774. Thin led Iho 'club to oiTci v bunifici' putgtniunic for tho Gold Cmi IVicoiiiiK hi Jfttiuuiy, giving i*Uk^« .toliillniK £2550, nu«]l »> the Inttinm allow tho Nelson Tioltnig Club U) mco under the .WclluiKton'H Cliib's nuapiccH. Ilotvpviiv, thu AuiLiieial dupu«Hton iill'octcd coh' <litip\is ho tlmt only ti few ponndH' profit ■kbs mudo foi tho Gold Cup Hotting. As v Bilegmud the Htukes for the Fcbmniy Mooting rtcie 1 educed liom &202G to J^ 1705 Kij,r)(l economy w.is ulto practibed Advcisc ■woiithoi conihtioiiH seiiously humpeied tho club at the Fobuiury Meeting, and a loss of JE4OO was rliowd. Tho Aliuch ilteting showed a. piofit of £328. Although £100 wab given to the Katthquakc Kelief Fund, the loss for tho jeai was £1202 is, however, £1710 had been shown by way of depreciation, nnd was ineiely a book entiy, the actual opeiations of the club resulted in a cash surplus of £418. If the £100 given to the Earthquake Fund be addedji the surplus was £518. ' 1

As the ibank overdraft was just within the limit, nnd ub the improvements at the Paik weie llow completed, the chairman - as coitam the chlb had tinned the colnei, mid the letsons lelined fiom the' depression would bear fruit during the coming season The stewaids intended t6 curtail expendituie to a bare minimum,' aiid had passed a piogiamme for the Sep-1 tember Meeting ofienng^ stakes totalling' £1200, the smallest amount offered' since 1 1918. The club's financial conditions, in 'company with all other clubs, had been greatly aggravated by the heavy load of taxation imposed, by the Government. During the < past three ' years £18,000 had been spent on improvements to the Hutt Park, and the fact that only £4500 was owing spoke well for1 the efficient manner in which the club's finances had been handled. It now had a course in keeping with the importance of its fixtures It wa& stated that the stewards intended to elect Mr. H. r A. Ryder a life member. The following Vere elected the stewards for the ensuing year: Messrs. E. P. Armstrong1, H. L. August, J. E. August, J. Bentley, M A. Carr, J. T. Craig, W. H. Edwards, F. S Hewer, A. L. JoEnson, S. W. Kelly, J. M'Donald. K. M'Whirter, H. A. Ejder, J/W. Sharjje, J. Shaipe.