THREE DIVIDENDS
(Press Assn.-
KEW 'TQTE REGULATIONS ARE APPROVED BY CONFERENCE
-By Telegraph — Copyrlght)
Wellington, Friday. Authority to racing clubs to pay out three dividends in fields of nine or more totalisator horses and two dividends in fields of five or more has been conferred by speeial resolutions finally approved by the Racing Conference executive to-day. The authority is direct, and it is not necessary for clubs specially to apply for permission to adopt the new methods of computation. One or other or both of the powers conferred may be adopted, so that now there are four possible combinations in the way clubs may apportion dividends.
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Bibliographic details
Rotorua Morning Post, Volume 2, Issue 342, 1 October 1932, Page 5
Word Count
106THREE DIVIDENDS Rotorua Morning Post, Volume 2, Issue 342, 1 October 1932, Page 5
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