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JIM GAFFNEY, FRANK J. FARRELLS USEFUL YOUNG RACER. Jim Gaffneys victory In the Albany Handicap at Saratoga yesterday stamps that young son of Golden Carter Miss Maxim a rare good mud runner and is further evidence of the fact that Frank J. Farrell has in him a useful racer, if not a coming star. Jim Caffney was bred at the Rancho del Paso Stud in California and was sold to Mr. Farrell as a yearling in June, 1000, for ,500. To date lie lias started in seven races and has won 2,375 net. His first start was at Sheepshead Ray in an over-night race June 25, when he was unplaced. He got none of the money the second time he started, but ran in improving form. In his third start he was second to Woodford Clays good colt Nimbus. Then came his second to Fair Play in the Flash Stakes and this was followed by his second to Colin in the Grand Union and then his victory in the Hopeful Stakes last Saturday. In these races Jim Gaffney has shown himself to be a better horse than was his full brother, Golden Maxim, at the same age in 1002 and Golden Maxim was a rapid runner. He was owned by J. P. Kraner, but because of bad legs his career on the turf was brief, covering only the seasons of 1!02 and 1003, In which he won four races, was second three times, third once and took 2,010 out of sixteen starts. He is now in the stud at II. T. Oxnards Blue Ridge Farm in Virginia. As a two-year-old Golden Maxim was second to Mexican in the First Tart of the Double Event, won the Zephyr Stakes, was third for the Prospect Handicap and won the Great Eastern, in which he took the measure of Africander after a game struggle. As a three-year-old his winning races were an over-night affair and the Islip Handicap, hut in finishing second to Whorler for the Brooklyn Derby and to Africander In the Lawrence Realization, when that mighty horse broke all records for the mile and five-eighths by running ii in 2:451, lie gave undisputed evidence of having inherited the good qualities of a long line of illustrious progenitors, which are named in the following tabulated pedigree of his younger brother: l Stockwell The Baron. f Doncaster Pocahontas. ,.; I Marigold Teddington. o f Bend Or - Sis. to Singapore. L Thormanby A VXinaiVU"iV Rouge Rose J Alice Hawthorne. c5 mien Home I Redshank. S f Golden Garter- Delhi. p. Lord Clifden 5 Newmlnster. fWenloek hUwv. Mineral Rataplan. ISauda .A Manganese. Stockwell The Baron. a L Sandal Pocahontas. . Lady Evelyn Don John. - . Industry. J ,. . Toxopholite Longbow. H rMnsket J Legerdemain. S Daughter of j West Australian. rMaxini A Brown Bess. a Vespasian Newmlnster. , I Realization X Vesta. M . ,-j u - -zif Hopeful . Dchess.. iYM- .Dutchman, .g .-l-MissMaximrr hT - r 1 Kspair. J ; Vandal. Glencoe. rVirgll. Levitys dam. g ilymenia i Yorkshire. .Ventura . Little Peggy. a I Lexington J Boston. s Ulrica 1 Alice Carneal. Emilia i Young Emiiius. Persian. Imported. tMelbourne or Windhonnd.- Windhound given. Miss Maxim, the dam, was a good winner as a two-year-old, scoring seven victories. She is a full sister to Principle, a good horse in his day. Ventura, the second dam, also threw Bismarck, Tytura, Ventoro, Wallenstein and Profitable, and she was a full sister to Ben Ali and Memento. Memento won the Hopeful, Flash, Spinaway, Autumn, Central and Chesapeake Stakes and lias given the turf a nuraler of good winners and producers, including Lady Lindsey. Ulrica, the third dam, .is the grandam of Spin-away, one of the best mares that the American turf has ever known. Goldsn Garter, as a four-year-old in 1002, was one of the best handicap horses in England, nis sire ami ids grandsire were winners of the Derby, and his half brother, Sainfoin, won the Derby and sired the Derby winner, Rock Sand, for which August Belmont gave .25,000. There is speed and stamina galore in the pedigree of Jim Gaffney and If he encounters no afflictions and is properly handled he will surely give his owner returns far above the average. Jim Gaffneys remaining August engagements are the United States Hotel Stakes, Saturday; the Adirondack Handicap, Wednesday, and the Futurity, a Aveek from Saturday. It is not to be expected that, with his burden of 130 pounds, lie will beat Colin witli Ills 125 pounds for the Futurity, hut it is not improbable that he will fill one of tlie two money positions behind the champion.