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CLEARS ,000 FOR HIS NEW OWNER. When King Henry took place money in the Hln- doo Stakes at Gravesend Wednesday, an inter- esting yarn developed. King Henry is a three-year-old gelding, by Sir Dixon Sallle of Navarre, hence a half brother to Salvidere, the champion two-year-old. He was bred by the late S. S. Brown, but for some reason did not race as a, two-year-old. Last spring Robert Tucker brought him east, expecting to make a series of cleanups. JThe gelding started a number of times with heavy backing, but -was in each Instance badly beaten. Then Tucker sold him in disgust to Frank .Brown, who had the same kind of distressing luck with him. In despair Brown finally disposed of him for 00 to A. Cefalo, a Coney Island dance hall proprietor, who had developed a hankering for the turf and its vicissitudes.- When Accountant and Bel-mere were scratched King Henry was sure o third money, 50, no matter how far he finished in the rear, but when he actually managed to beat Vendor for the place Cefalo not only got his purchase money of 00 back together with his 50 subscription, but also cleaned up ,000 besides, aa the place money amounted to ,750.