BETTER FINANCES

Hawke's Bay Herald-Tribune, Issue 190, 28 August 1937, Page 11

BETTER FINANCES

] Hawke's Bay Jockey Club's Affairs NEW OFFICIALS ELECTED Nearly 30 members were presont fer i Ma annual general rreeting of ihe ; Fawke's Bay Jockey Cvb held L r tlie Borough Otmcil Ch*uubers. Hastings, last evening. Mr G. D, BeatsoD sided.Moving the adoption of the annual : report and balance-sheet the chairman said he thought that the club had reason to congratulate itself upon the success of last year. In xecent years there had been a very small profit, or none at all, he said, and it was pleasing to know that the positioir of racing and of matters iinancial in general throughout the country were very much improved. "The general iruproveinent in the iinancial position of the country is reflected in the racing returns," he said, and went on to pbint out that during the past year there had been a general all-round increase compared with the previous years. Nominations and acceptances had-in-ercased froin £1116 to £1286, gate roceipts from £1400 to £1800, totalisator proilts from ' £6500 to £9600, and dividend tax collections from £2100 to £3200. Ae regards outgoings he pointed out that the stakes had been increased from £4100 to £5400, the totalisator taxes i'roiii £1900 to £2900, the dividend taxes from £2100 to £3100. The profit carried forward was £3596 this year as against £2006 last year. The farming account showed a slight proiit, but it was anticipated that during the coming year this aspect would show a big improvement. There had been a good improvement in membership, and generally, he said the club was in quite a uselul and satisfaetory iinancial position. Seconciing the motion, Mr F. P. Kelly paid a tribute to the fine work done during the '21 years he was in office by Mr H. S. Moss, the retired secretary, and he considered that at the next meeting of the commlttee the least that could be done was to make Mr Moss a life member in xecognition of his very valuable service. Thanks were also due to the late Mr A. O'Dowd, ^vho had given good service as clerk of the course. "I would like to stress the importance of' obt aining more members," he said, and isugges'ted 'that a membership iform be sent to every member with a ' request that' be' secure ' another member. iMr Kelly, .went on to refer to the :District;Tj^|t^un.d,sestablished for the benefit^f "'traiheris'and joCkeys/ ahd said thqt.the 'fiind was the b'iggest of its kind 'ih "New" Zealand, „ . s .. ••• ,C : : ; . . V. .... . " . ReinatiitutioD. ^of Classics. "It is. pje.asing to ,tsee that this, club is imprqving its position// he said. "After all.' this club is .a.inetropoiitaiT one, and the oldest in the district, and I feel that.it should .become more nnd more the leading club, as behoves its standing as a metropolitan club. I hope that the committee will consider the reinstitution of clagsic races. This was a matter discussed.by. the , Racing Conference and favoured, and I think the Hawke/s Bay Jockey Club should do so." . . ' In conclusion . Mr Kelly made rcf erence to the fact that two o fthe club's members, .Messrs J. S, McLeod and T. H. Lowry, had again been eleeted to the-positions' of . president and vicepresident' respectively of the; New Zoaland Racing Conference, two of the highest offices it was possible to hold in the sport of racing in New Zealand. There was a brief disoussion Tegarding the farm account, and just before putting the motion the chairman said that as further evidenee of the improved iinancial position generally it was interesting to note that the totalisator turnovcr last year was £72,400, an increase of £24,176. The motion was carried, * ;sl Election of Officers, The election of officers for the ensuing year resulted as follows: — President, Mr G. D. Beatson; vice-presidents, Messrs Geo. Ebbett and P. P. Kelly; committee, Messrs J. J. Gatenby, T. H. Lowry^ J. N. Lowry, G. A. Maddison, T. V. Morrin, H. R. Peacoek, i T. S. Roulston, J. W. Wcdd, "VV. J. Wood and the Hon. II. A. Russell; honorary troasurer, Mr J. S. McLeod. The followiug new members were eleeted:— Messrs T. H. Brenchley, Maraekakaho; C. C. Bushby, Hastings; N. K. Havidson, Hastings; H. J. Grievo, Hastings; C.^Hart, Opapa; W. L. Helean, Hastings; A. C. Hickey, Otane; A. Hyde, Napier; E. O. McDermott, Hastings; E. McHuff, Hastings; A. D. Siorris, Hastings; T. H. Morrison, Hastings; W. A. O'Dowd, Taradale; O. J. Parker, Hastings; A. F. Redgrave, Hastings; C. H. Slater, Hastings; J. Wattie, Hastihgs; E. E. Wattie, Hastings. Appointinent of Committee. Mr G. W. McCormick considered that it was not advisable for the whole committee to resign annually, but that only half should do so and the other hal'f the following year, making the term of office really two years. He said that this procedure was adopted almost througbout New Zealand. After accepting rulings from the chair^ Mr McCormick gave notice of his intention to movo at a special meeting a resolution aloug tlie'se lincs. Ou the moliou -of. Mr Ceo. Ebbett, sccunded by Mr G. A. Maddison, it was deeid'ecr to write to tlie Minister of Intcrnal Affairs cxpressing appreciation of tlie Tofuud of £500 grantcd by Ihe Governmeut on tlie totalisator duty, and expressing the hopo that the graufc would be continued. The chairman mentioned that at the recent Racing Conference the club and the Distriet Committee had been successful in having all tliree of its remits carried, and he considered that a remarkably fine performdnce. The remits referred to the uee of whip and spurs

by apprentices, the granting of an allowance to apprentice riders, and the universal standing start. "I have aivvays taken pride in the fact that we have the finest lot of ollicers in New Zealand. They havo ahvays met us in every sporting way and we sliouJd be very. grateful to thciu, " said the cJiairmau jn moving a vote of thanks to the honorary treasurer,. ]\[r J. t3, McLeod; surgcon, Dr. C. G. Ro maiue- Wright; hon. veterinary surgeon, Mr A. M. BrodieJ handicappcr, Mr H. Coyle; clerk of totalisator, Mr S. P. Spillcr; clerk oi ■scales^ Mr II. M. Bishop; clerk of course, Mr J. Hindrup; starter, Mr W. Price; judge, Mr W. P. Russell; hon. timekeeper, Mr H. Jones; auditors, Messrs Rainbow and Hobbs; and the secretary, Mr A. E. Wishart,