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! I PENSACOLA MEETING NOT SUCCESSFUL. Peaeecola, Fla.. April :: . The inaugural me. -ling ot the PcnsaeaU Fair Association, which terminated »terday, was not the annus its promoters hoped for. The management is reported to have lost m OU the venture. While the racing itself was of tow cktKS, i: has s. rved to create a demand among the p ople of Pensacola for the sport and it is pre* able that a track v.ill be built with local capital with the hiea of holding a short meeting nexl fall. W. II. Bilker-, who was l! riginal promoter of the Pensacols meeting, but who was forced to step 1 kl before the Southern Jockey Club would sane Hon the meeting because of his record, was arrested after the lose of the meeting as a result of gelling Into a list ii- roatro ersj with a man whom he had Induced to bet upon a sure thing" that lost.