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AUCKLAND'S BIG PROFIT

Another highly profitable year's operations are revealed in the balancesheet to be presented at the annual meeting of members of the Auckland Racing Club on Monday week. The balance transferred to capital account is £18,733. The value of the club's properties is listed as £117»354, and further assets in cash, Government loan, and sundry debtors total £51,000. The statement of race-meeting accounts shows that stakes totalled £58,550, officials, gatemen, and bands absorbed £7631, amusement tax £2515, stakes tax £584, and Remount Encouragement Fund £431, Nomination and acceptance fees were £9499, books and privileges £39,924, and net totalisator revenue £65,807*

The Auckland district committee made allowances from its funds to distressed trainers, jockeys, and their dependants, £10L '

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390804.2.151.16

Bibliographic details

Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 13

Word Count
119

AUCKLAND'S BIG PROFIT Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 13

AUCKLAND'S BIG PROFIT Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 13