LOSS OF OVER £70.
RECENT NORTH ISLAND AIR PAGEANT. FINANCIAL STATEMENT. According to a financial statement presented to a meeting of the committee held last night, the Wairarapa and Ruahine Aero Club made a loss of £76 16s 7d on the recent North Island Pageant. Thb balance was subject to outstanding receipts for programmes and to certain unpresented accounts. On the receipts side, the principal item was gate takings which amounted to £l5l 10s Bd. The dance held at night brought in £24 3s and the sale of tenders showed a profit of £24 3s. Receipts from passenger flights totalled £29 17s 3d.
Advertising and printing cost £6B 8s lOd and board for visiting pilots £49 18s 6d. Expenditure on petrol and oil amounted to £56 5s while entertainment eost £26. Preparation of the ground and the erection of tents etc. cost £2B 6s 6d and expenditure on the dance was £3O Ils. Total expenditure amounted to £413 18s 3d, resulting in a loss of £76 16s 7d being made on the pageant.
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Bibliographic details
Wairarapa Age, 12 April 1935, Page 4
Word Count
173LOSS OF OVER £70. Wairarapa Age, 12 April 1935, Page 4
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