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LATONIA S REDUCTION OF PURSES. President Myers, Explaining Action Taken, Says Jockey Club Has Made No Money. Cincinnati. O.. .Tune 20. — The purses that will be hung up during the extension of the Latonia meet ing will not exceed ,000 dallv. and will not fall below a total of .S0O. In explanation of the reduction President Harvey Myers says the Latonia Jockey Cluti has made no money this spring. * " I " 11-le-s we get a :.ooiI break in the weather." he de clan-s. "tile additional days do not promise much. The ring has never paid the purses, and It is figurtd that if twelve haaka continue the track has a chance to make a little money." Present at the meeting which decided on the r.-iluctlon were Congressman Joseph L. Rhinock. Harvey Myers and John Hachmelster. The Isiok for the extension will give some of the horses a chance to run that were tossed out frequently during the regular meeting.