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I l I RACING PROSPERITY IN NEW ZEALAND. Most rarng clubs in New Zealand are in a |iar-ticulary prosperous Condition, thanks to the heavy totalisator s|ieciilation during the current season. The oiveniment tax is a big drain, hut the •Canterbury Times" says that despite this stakes are going up steadily, and as Ik* clubs continue to show a protit on their meetings further ini reas.s in prize-money may be looked for. "That." says the paper inoted. "is one of the great aetata to lie urged in favor of New Zealand racing melhods. All the clubs exist exclusively for the furtherance of sport, the proprietary element having been banished long ago. As a result. Hire are no shareholders to pocket fat dividends after a successful meeting, and the greater the profits the more money there is to provide conveniences for tiie public and stakes for the owners. In both these directions it can Ik* claimed that New Zealaud occupies a poaition which challenges niniparisou with any country in the world." The Canterbury .*V ekey Clubs Easter fixture concluded its raoim; for ihe current season, and in ten days it has distributed 8181,800 iu prize money. It ■net In- added though that, unlike the Australian Jockey Club, it has received a large return in the way of nomination and acceptaace fees, still, even under such conditions, an average of 82.270 a nana is a splendid one for a club In a city the size of Christchurch. Totalisator investments for the season aggregated 81,874.010, an increase of 8238.315, as compared with the Canterbury Jockey clubs meetings during 1012-13. and in New //aland the speou-lali.in on the course has a direct bearing on the prize money to In- distributed the following season. — Sydney Iteierec
