Pawtucket Financial Report, Daily Racing Form, 1938-10-21

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PAWTUCKET FINANCIAL REPORT PAWTUCKET R I Oct 20 The Narra ¬ gansett Racing Association Inc dividend checks together with the financial state ¬ ment of the corporation for the summer meeting were received by stockholders to ¬ day The statement showed that during the thirtysix day meeting the total amount wagered throughthe mutuels was 13808387 a daily average of 383566 There was a daily average attendance of 12900 people Profits before deducting depreciation and obsolescence items and setting up federal income tax reserve was 26967707 Depre ¬ ciation and obsolescence items and federal income tax reserve amounted to 10837056 leaving a net profit for the period of 16130651 equivalent to fortysix cents per share after deductions


Persistent Link: https://drf.uky.edu/catalog/1930s/drf1938102101/drf1938102101_34_5
Local Identifier: drf1938102101_34_5
Library of Congress Record: https://lccn.loc.gov/unk82075800