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TO CONTROL HOUSE SALES. The prevailing mania for strong combinations to control specific lines of business or production seems to have invaded the ranks of the thoroughbred breeders and owners, as witness the following from Mondays New York Herald: "During the week there will be incorporated under the laws of the state of New York an association of horse breeders, owners and other turfmen who will conduct on a co-operative basis sales of the annual thoroughbred crop, horses in training, etc. While the precise title of the organization has not been definitely fixed, it will most probably be known as The American Horse Breeders and Owners Co-operative Sale Association. The association will acquire the sale plant, paddocks, etc., and good will of the Easton company at the Sheepshead Bay racecourse, retainining the services of Mr. William Easton as auctioneer. In the prospectus of the association are these clauses : "The business of the association will be conducted strictly in accordance with American customs and methods, and the management, financial and otherwise, will be absolutely in the hands of a Board of Directors, elected annually by five trustees. "These five trustees are to hold all the capital stock of the company; they are to be selected from among the members of the association who are subscribers ; they are to issue certificates to the various subscribers, exchangeable for stock only at the end of five years. "The trustees are Mr. James B. Haggin. Mr. August Belmont, Mr. J. Story Curtis, General W. H. Jackson of Belle Meade, and Colonel C. F. Clay of the Buunymede Stud. Among the subscribers are Marcus Daly, Bitter Boot Farm, Moct. ; A. H and D. H. Morris, W. C. Whitney, the Messrs. Thompson of Brookdale, H. B. Headley, John E. Madden, Wyndham Waldeu and Sons, O. H. Chenault, W. B. Shipp and J. M. Camden. Promises of support and letters commending the project have been received from all parts of the country. "The new association proposes, as far as is practicable, concentrating the annual sales of thoroughbred yearlings, and the co-operative and elective principles of the organization will place the entire control of this business in the hands of the breeders themselves. This is somewhat on the lines on which the sale business is conducted iu England, where the Tattersall familly have held a virtual monopoly for more than a century. CONTINUED ON SECOND PAGE. I TO CONTROL HORSE SALES. Continued from 1st Page. "A more than probable result of such an organization would be the settlement of fixed dates for these Bales— twice a year— one fixture in the spring and one in tbe fall. The idea of bringing together the early and late crops in two big sales is partly with the expectation of attracting English and European buyers. It is proposed to place advertisements of such great semi-annual sales in English and other foreign papers. "In connection with the idea of holding only two great sales each year a prominent English owner says that it would inevitably lead to the formation of a syndicate of British buyers, who could be depended upon to take scores of American yearlings for outcrossing."
