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Wanganui Jockey Club

The annual report of the Wanganui Jockey Olub, to be presented at the annual meeting to be held on the 31st, isasfollows: — The statement of accounts for the year ending June 30th, 1888, are now placed before the club. Members comparing them with those of last year will find that the receipts exceeded those for 1887 by £94 5s 6d, the figures being £3346 7s lid as againßt £3252 2s sd. The stakes paid away amounted to £2534 15s 7d, this amount being an increase of £137 2s 6d. The entries show a better return by £207. Our privileges from all sources amount to £1960 6s sd, being a falling off of £77 19s 6d. The general expenses have been about £20 in excess of those for 1887, and our total expenditure has exceeded our receipts by £23 7s Id. The debit balance after providing for the Derbys and Two-year-old nominations, amount to £257 5s Bd, as against £233 18s 7d for 1887. Your committee are anxious to liquidate this balance, and therefore strongly recommend that a reduction in stakes for the year 1889 should be made. Your committee refrain from making any comments re the totalisator, as the matter is now under discussion in the House of Representatives. The Metropolitan Clubs have all agreed on what conditions the totalisator should be used, and have forwarded their suggestion to the proper quarter. The committee would draw the attention of the jockey clubs within the jurisdiction of the Wanganui Jockey Club to the necessity of sending their programmes in sufficient time for adoption, and that all such official programmes should be countersigned by the Secretary of the Wanganui Jockey Club, so as to. protect the owners of racehorses and the horses themselves from being disqualified! through runing at any meeting whose programme has not been properly passed.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18880721.2.23

Bibliographic details

Feilding Star, Volume IX, Issue 151, 21 July 1888, Page 3

Word Count
311

Wanganui Jockey Club Feilding Star, Volume IX, Issue 151, 21 July 1888, Page 3

Wanganui Jockey Club Feilding Star, Volume IX, Issue 151, 21 July 1888, Page 3

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