MANAWATU RACING CLUB.

Manawatu Standard, Volume L, Issue 220, 13 August 1930, Page 8

MANAWATU RACING CLUB.

FIFTIETH ANNUAL REPORT. A SATISFACTORY YEAR. The annual report of the Manawatu Racing Club to be presented at the meeting of members on the 25th states, inter alia: —The totalisator turnover for the year amounted to £171,124, showing a very satisfactory increase on the previous year of £17,093, this being attributed to the fine weather experienced at both our summer and autumn meetings. The income and expenditure account shows a credit for the year’s working of £2328 7s 2d,. and after writing off the sum of £2273 4s 9d, for depreciation tire balance of £55 2s 5d has been added to the accumulated funds. The tracks, buildings and other appointments of the club have been well maintained, and are in good order and repair. During the year the committee completed an agreement with the Manawatu Hunt Club, whereby this club takes over the totalisator license formerly held by the Hunt Club. The first meeting under the arrangement was held recently, the totalisator license for the 1929-30 season being used on July 31, 1930, and the license for the 1930-31 season on August 2, 1930, this making a two days’ fixture. Owing to the severe financial depression at present existing, the returns for the meeting were less than anticipated, and a loss on the meeting will bo shown.

The committee desire to thank the honorary officials and permanent staff for the efficient manner in which they have carried out their various duties. Tho committee records, with great regret, the death of the late Mr J. M. Johnston, who had been secretary of the club for 28 years. Mr Johnston’s services were of great benefit to the club, and he was responsible for the beautiful course and grounds we have at Awapuni to-day. Wo have also to record, with regret, the deaths during the year of the late Mr R. Stevens, a life member and for many years an official of the club, and Messrs G. Potts, F. Robinson and D. H. Speedy, members of the club. TAXES PAID. The Manawatu Racing Club have paid since 1914 tho following taxes to tho Government :

Total paid by the club £78,550 9 4 GOVERNMENT’S QUOTA. The undermentioned taxes havo boon collected by tho Manawatu Racing Glub for the Government: —

Racing year 1914-15 Totaiisator Tax. £ s. ... 3394 17 d. 6 1915-16 2928 16 0 1916-17 3627 8 6 1917-18 4561 15 6 1918-19 3715 9 0 1919-90 6410 3 0 1990-21 7188 8 0 1921-22 5319 15 6 1922-23 4521 2 6 1923-24 4464 0 0 1924-25 4458 2 6 1925-26 5141 15 6 1926-27 4115 7 6 1927-28 4466 8 6 1928-29 3850 15 6 1929-30 4278 2 0 1914-15 Tax £72,432 5 on Receipts. 82 6 0 3 1915-16 85 9 8 1916-17 86 5 6 1917-18 130 1 1 1918-19 96 0 6 1919-20 166 17 5 1920-21 186 7 0 1921-22 160 17 6 1922-23 146 14 0 1925-24 143 0 0 1924-25 149 0 0 1925-26 162 14 1 1926-27 153 10 11 1917-18 Amusement £1727 3 'lax. ... 200 11 11 8 1918-19 145 10 6 1919-20 268 7 4 1920-21 500 17 5 1921-22 345 18 5 1922-25 506 6 1 1923-24 457 10 8 1924-25 321 15 6 1925-26 383 18 10 1926-27 375 17 6 1927-23 399 17 9 1928-29 317 11 5 1929-30 346 17 4 £4371 0 5

Dividend Tax. Racing year. £ s. d. 1910-Id ... 2056 6 6 1916-17 ... 3265 3 0 1917-18 ... 4097 0 0 1918-19 ... 3544 5 0 1919-20 ... 5769 12 0 1920-21 ... 6469 19 0 1921-22 ... 9576 9 0 1922-28 ... 8138 17 0 1923-24 ... 8036 1 0 1924-25 ... 8025 10 0 1925-26 ... 9256 0 0 1926-27 ... 7408 14 0 1927-28 ... 8040 10 0 1928-29 ... 6932 5 0 1929-30 ... 7700 15 0 £98,697 6 6 lax on Stakes. 1915-16 86 17 0 1916-17 93 9 0 1917-18 85 9 0 1918-19 97 9 0 1919-20 ... 121 15 0 1920-21 ... 176 10 0 1921-22 ... 1655 0 0 1922-23 ... 1272 0 0 1923-24 ... 1028 10 0 1924-25 ... 638 10 0 1925-26 ... 638 10 0 1926-27 ... 651 0 0 1927-28 ... 594 15 0 1928-29 ... 612 10 0 1929-30 ... 577 10 0 £8329 14 0 Total £107,027 0 6