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CALIFORNIAS FUTURITY. The California Jockey Club has decided to make a new departure in the line of establishing a fixed event of great value for two-year-olds. Concerning this new stake the San Francisco Chronicle says: "The Futurity to bs given by the California Jockey Club promises to be one of the sensational events of the American turf every year. The added money is to be ,750, which is the amount added by the Coney Island Jockey Club The first California Futurity will be ran in 1901, and the conditions are very similar to the classic racs decided in New York every year, except that cash payments will be exacted, so that forfeits will be entirely dispensed with. The breeders and owners throughout America will doubtless second the enterprise of the California Jockey Club by making such a big entry list that the first California Futurity will be worth 0,000 in gold coin. The distance iB to be six and a half furlongs, and will be run every year in D ecember. "The institution of this stake will bs hailed with interest by all turfmen in the country, and will be accepted as a valuabla evidence of the permanence and stability of racing at "Ban Francisco. It ehould, and no doubt will, receive flattering entries from all sections, and will have a tendency to increase the number of turfmen from the east who are to annually take part in the winter campaign at the big coast city. This enterprising venture should be supplemented by a big stake for three-year-olds. With such a stake in addition to the proposed Futurity and the already established 0,000 Burns Handicap as attractions, President Williams would, in the not far distant f ature, have as gnest turfmen who up to this time have hardly even thought of racing their horses at San Francisco."