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MARYLAND JOCKEY CLUB FINANCES. .15alJ,."2"v- December 30. That something like ,.jO,000 was bet on tlie races at Pimlico in the twenty-six days of the two meetings held at Pimlico this year is indicated by the annual financial statement of the Maryland Jockey Cluti, which has just lieon made public. As its gross share of this money, based on a commission of 5 per cent, to which is added the "breakage" or odd cents, th club received 77.474.S0. Tlie "breakage" is estimated at between 1 and 2 per cent. It is explained, however, that a large part of the monev bet probably was deposited in and collected from the machines several times. Tlie statement shows the clubs total revenue for the year to have been 50,G35.7S, and, after, paying the excuses of operation, including the stakes and making allowance for depreciation of plant, and so on, and after paying 0 per cent to the stockholders, that there was left a surplus of ,SM. which was devoted to certain charities, in accordance with a decision of the directors readied more than a year ago. As figured out in the report, there was a surplus from all operations of S,1!3, which, added to a balance from the previous year, made a total 2,019. After certain amounts were charged off, and. the 0 per cent dividend, amounting to ,000. was paid, there was left the ,S00 surplus, whicj. as stated, went to charity. The total receipts from admissions, club dues and sale of boxes was ,432. less than ,000 a dav. And out of the gross receipts from the pari-mutud betting machines there was paid a total of 7,003 for the cost of their oiierating. This was at tin rate of about ,847 a day aud is exclusive of tlie pay of the racing officials and the policing of tlie grounds, tlie cost of which was 7,773. According to the statement there would have been, but for the revenue from the betting, a deficit for the year of 1,378. tlie cost of operating, exclusive of tlie mutuel system, being 73,500. with a revenue from sources other than the betting of 2,100. The statement of assets and liabilities show that the club has. a working capital iu cash or liquid securities of 20,-542, to which is added an equity in permanent improvements in propcrtv held under lease valued at $,050. The club has a capital of 0,0C0 and a surplus of 00,000.
