SOUTH CANTERBURY JOCKEY CLUB'S TOTALISATOR DEPARTMENT.

Timaru Herald, Volume LXXX, Issue 12354, 22 April 1904, Page 3

SOUTH CANTERBURY JOCKEY CLUB'S TOTALISATOR DEPARTMENT.

To the Editor of. the Tjmaru Herald." Sir,—l notice by tlie report of the South Canterbury Jockey Club Committer .meeting in your issue ol 21st that the to-talisator-receipts at the late race meeting were £539 and expenditure £l7l, .leaving a profit of £368. Had the Club not run the machine themselves, the result -would have be?n —Receipts, 10' per cent, on amount, invested, £528; unpaid fractions, £54; total, £582; expenditure, commission li per cent, (which I understand was-what paid to the late proprietors), £§£>; Govern-, ment tax, 14 per cerit-'V £7a j total, £145, leaving a profit of £437, the Club thus losing £59, and gaining the disapproval cf their patrons, judging.from the everlasting 'growling tliat -is- on. the Ti* maru racecouise, of which the late iii'tetiug was no exception. The ;report shows the gross receipts from, the totalisator to - be£s39; from a rough . calculation. I make it £582, viz., 10 per cent, on £5285. £528; unpaid fractions, £54. This is a matter I have no doubt thj Editor will report on at the wpper time. Expenditure £l7l, deducting the Government tax £79, shows that It cost the £92 to run the . machine themselves, . whereas Messrs Mason and Roberis would have.done •go jfpr £66. I have femitted shillings and pence In all the above calculations. I am,' etc., " NEOPHYTE