WELLINGTON RAGING CLUB.

Dominion, Volume 3, Issue 916, 8 September 1910, Page 5

WELLINGTON RAGING CLUB.

■; ; v: : .-;:- balance-sheet;.; >; ■; The annual .report: and -balance-sheet, of the Wellington Racing Club .is' to. be presented to 'members at; the ; annual general meeting to be 1 < held at': tho ■liamber of:Commerce,-,:;on v Thursday/ September; 2!).; It records', prosperity during the.past year. Tho .balince-sheot' for th'e.V twelve. . months, ended July 31/ last -'shows- that,the income amounted-"to' £26,125 65." 3d., as against -, £27,616 -14s. for tho previous' year, there being thus a. sbrinkago ■ of ■' £1491 7s. 9d. : Tho totalisator receipts were £9771■125.. lid.; against £11,246 11s. 'Bd.;' gates and' railway ■£5015 : ;13_5.:8d. ) as compared with £5410. 95.; privileges, - and licenses yielded : '£5219 lls;. 2d.V against jfi4Bßo' 19s. 10d.; members' subscriptions: and■ entrance fcos totalled'-£793 16s'., while in the previous year they amounted U>'£682 10s.; .Selling Races'-brought in £99 12s.' 6d., against' £68 2s. 6d., anil thero werosomo minor receipts. , . . '.' ./' Tho expenditure totalled £24,256 13s; 4d.j.as-compared witli £23,892 16s. 6d.; showing -a-;slight increase.- ;Tliis, year it is proposed to write •£1675.155; 7d; off freoliold property and buildings, ; and £150 off luncheon aiid tea-room.-.;plaiit:.' The amount written off in .the previous year.: was only: ;.£960: 18s. . Sd..-.,,Th0; ' amount paid in stakes ■ during tho year. was £17,308,' agauist' : £l7,l7o;■'salaries; absorbed £1331, against. £1352 13s. ,"4d.-; in,aintenance and' improvomeiits: cost £1926 ss. 4d., as,.c6mpared witlr:£l74s ,2s. 7d..: ; interest' accounted ;for ;£1373,

15s lOd., as agauisb £1481 11s. 2d., and thero wero a numbei of smallei espouses.