RANGITIKEI RACING CLUB.

Manawatu Standard, Volume LVIII, Issue 230, 27 August 1938, Page 10

RANGITIKEI RACING CLUB.

SUCCESSFUL SEASON. The report and balance-sheet of the Rangitikci Racing Club show that the club has had another very successful season. Revenue has increased on all sides, and the net profit shows that the club has enjoyed the boom in racing which marked all meetings held on this coast. The report read:! as follows: —"The committee has pleasure inprcsenting the annual statement of accounts, which show that, after expending £374 10s lid on maintenance and improvements, and writing off £179 ss, a profit of £IO6B 13s 4d was made on the year's working. It is very many years since the net profit reached four figures. In the 1936-37 season the profit was £634 12s lid; in 193536, £237 lis sd; and in 1934-35, £270 Is 3d Two very successful race meetings were held, racing being good and attendances iarge. Gate proceeds improved from £435 Is 6d in 1936-37 to £576 12s 6d, and members' subscriptions were £230. against £2OO. The totalisator handled £25,235, as against £18,415 the previous year. Stakes and trophies distributed- totalled £2014, an increase of over £4OO on the previous year. The club's appointments have been kept in good repair, and the new wiremesh fence at the rear of the stands has changed the gate system, cars now being parked quickly, and relieving congestion at the main gates. The enclosures and tracks are in good order, the latter having been top-dressed with soil and re : sown. The committee is going into the matter of better accommodation for members and visitors, and plans have been prepared for the enlargement and rearrangement of the members' stand. Despite the unfavourable season and sickness, the farm has again proved a very valuable asset to the club, the profit being £331, and "our thanks are due to members of the farm committee, Messrs Q. 0. Wilson, A. W. Anion and J. H. Russell. The committee recommends that Mr T. A. Duncan and Mr W. McA. Duncan, old members, and strong supporters, of the club, be elected honorary life members. Our thanks are due to the club's honorary officials, and to the permanent staff, who carried out their duties capably; to the hon. surgeon (Dr T. G. Harpur); to the hon. veterinary practitioner (Mr A. Seymour); and to members of the 1 Marton Division of St. John Ambulance, for -attendance on race days. The bank overdraft has been reduced from £1622 to £479 during the year, and the club's position is now a very sound one.".