view raw text
Jockeys Guild Spends 5,995 For Welfare Work in 1952 NEW YORK, N. Y., May 6.— The Jockeys Guild spent 5,995.34 from its welfare fund for financial and medical aid and donations during 1952, secretary Sterling I Young announced today. This was the largest sum ever expended during one year since the inception of the Guild, a fraternal organization devoted to aiding its less fortunate members. Medical grants, paid in addition to benefits under the Guild master policy carried with Lloyds of London, aided 45 jockeys and ranged from ,462.74 given one rider to .50 given another. The total of ,381.50 included 40 for reducing pills. Financial aid totaling 0,524.44 was given 38 members while 13 was made in donations. In addition, ,976.35 was given in interest free "loans." Total outstanding loans at the end of 1952 amounted to 0,296.39. The Guild raises its funds through dues, a "Guild Day" on which members give their fees to the organization, donations from racing associations and benefits.
