DERBY SWEEPSTAKES
SALE OF TICKETS CURTAILED. (Britiab Official Wirelego.) RUGBY, April 26. The sweepstakes on the Derby this year are on a much restricted scale as the result of a declaration recently made by Mr Clynes (Home Secretary), setting forth the Government’s views on the subject. Mr Clynes’s statement was in effect a warning that sweepstakes must be conducted privately, and that tickets must not be sold to the general public. The Stock Exchange sweepstake, which last year reached the enormous total of £1,000,000 owing to the participation of the general public, has this year reached only £70,000, tickets being sold only to stockbrokers. The Smithfield Meat Market's sweepstake has been abandoned owing to a threat of proceedings by the police, tickets having apparently reached the outside public.
Other institutions, such as the Baltic Exchange and the Royal Automobile Club, are conducting sweepstakes as usual, but every effort is being made to confine the tickets to members only. In all cases a large percentage, generally 10 per cent., is allotted to charities.
The shrinkage of the Stock Exchange sweepstakes will mean that £7OOO instead of £IOO,OOO will be distributed.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/THD19300429.2.70
Bibliographic details
Timaru Herald, Volume CXXV, Issue 18554, 29 April 1930, Page 9
Word Count
189DERBY SWEEPSTAKES Timaru Herald, Volume CXXV, Issue 18554, 29 April 1930, Page 9
Using This Item
Stuff Ltd is the copyright owner for the Timaru Herald. 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.