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 '
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
119AUCKLAND'S BIG PROFIT Evening Post, Volume CXXVIII, Issue 30, 4 August 1939, Page 13
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. 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.
Log in