Settling on the V.R.C. Meeting.

Te Aroha News, Volume IV, Issue 179, 20 November 1886, Page 2

Settling on the V.R.C. Meeting.

A.T the general settling over the lato Melbourne Cnp meeting at the Victorian Club, the build ing from tne opening of the banks till lato in the evening presented dn animated appcayanoer It is estimated that during the day and evening Jfrom £300,000, to £iOO,OOO cTianged liands, one bank alone ' having a call ,olose on £100.003. Altogether, ,the foul- days' racing has been greatly against the ring. Trident's Derby victory, of course, exercised great . infix; once on the Oup wagering,' and diverted attention pretty woil from everything else. Arsenal, it may be adde.d, received strong support throughout New Soiith Wales. The third day'a racing was a rare windfall for the public, and but lor their reverse of fortune on Saturday, the meeting must luwe proved one of the most disastrous ever experienced by the ring. As usual, the fielders met their engagements punctually. On the other hand, however, backers with losing accoiiuts were the reverse of prompt in meeting their liabilities, and several of the leading members of the ring wore early ia the day put to great inconvenience. One man in particular paid away over £15,000, and was obliged to diMw more money in order to satisfy the demands o£ his clients holding heavy winning balances. On the whole, bookmakers had good reason to complain of backers who neglected to conic up to settle. At one period of the evening tho unusual practice ot calling out the names of absent backers was resorted to, with no response It seems very likely that the settling will occupy sonic days, perhaps weeks, ere it is fu'ly disposed of. The Victoria Racing Olub piid away in stakes £15,<i5i, the largest winners being : W. G-annon. £2,865; Hon. jTamea While, £2 121; <J. L. MoDonald, £2,011.