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LATONIA JOCKEY CLUBS AFFAIRS. Cincinnati, O., July C Concerning the affairs of the Latonia Jockey Club, the Enquirer makes the following comment: "The track management claims that the meeting was not a financial success. Neither was last fall or the preceding spring, and anyone could go a bit further back than that and the tale would be the same. The public has failed to support the game in the manner that it did formerly. "There seems to be a doubt as to the racing at this once popular course in the future. Much of this comes from the fact that there is a clash between the various Interests that, bound together, control the destinies of the course. This breach has existed for some time, and it looks now as if neither will give way to the other, and it would be no surprise if one or the other did not sell out. It is claimed tliat the L. and N. Railroad stands ready to buy the course for 00,000. The capital stock Is about 50,000. and this would make each share the pur value of which Is 00 worth double that amount. There is, however, a bonded indebtedness on the track of $."0,000, and this would reduce the value to ; per share. As I.oiiis A. Cella and his associates are credited with paying 30 a share for their half of S25 shares, it can be seen that tiiey are not going to wax fat on a deal Willi the railroad company. "Inasmuch as the fate of bookmaking in Kentucky is -not known, and will not be known until some time in September, it is hardly probable that any stock in the course will change hands before the Court of Appeals makes its decision."
