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THE LOTTERY OF HORSE BUYING. New York, September 7. The careers of Ostend and Levengston furnish an illustration of the chancy character of horse trading. Ostend and Levengston were in California last winter under the charge of Peter Wimnier. John Madden owned them and. acting pn Ills order. Wimnier sold them to Walter House. Houses backer paid ,500 for Levengston. a maiden of apparently little account, and 00 for Ostend. He did not want to take Ostend at any price. Ostend has won four straight races and is considered one of the best second-rate youngsters in the country.
