TOTE DIVIDENDS
AN OPTIONAL SYSTEM. A THREE HORSE DIVVY. (Per Press Association ; — Co yyright ) WELLINGTON, September 29. New regulations permitting the nßterlniative V.fi dividends, 'are expected to be finally approved! by the -racing conference executive to-morrow, and it is • understood that both Napie-r Park and Kiuirow Clubs will apply them on Saturday. The regulations, which are optional wi'th the old, provide for three dividends where there are nine tote; numbers, in the proportion of 70, 20 and 10 per cent; two dividends where there are over four and less than nine to-te numbers, in the proportion of 75 land! ■ 25, • and one’-dividend where there are only four and fewer numbers.
Each Club must decide before the meeting what system will apply: and must adhere to the one method throughout the meeting.
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Hokitika Guardian, 29 September 1932, Page 6
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131TOTE DIVIDENDS Hokitika Guardian, 29 September 1932, Page 6
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