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MRS. CLAY TO CONTINUE IROQUOIS STUD. Lexington, Ky., February 10. It is not belivcd that the death of Captain .Tames B. Clay will cause the dispersal of his Iroquois Stud. The mares are registered with the- Jockey Club as .the property of his wife. Mrs. Eliza J. Clay, and it is likely she will carry on the establishment, calling to her aid the successful breeder, Walter S. Payne, of Maple-hurst Stud, who is her brother-in-law and neighbor.