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KENTUCKY BREEDERS IN QUANDARY. Lexington. Ky„ June is. — The annual June sales of thoroughbred yearlings will open at Sheeps lead Bay next Tuesday, l.ul the offering will be tin-lightest since the inauguration of the New York auction system. There will not Ik- over 130 Iie.nl. if that many, to go under the hammer. The reason for the curtailment of the scheflureH consignment- is found in tlie signing of the amendments to the betting laws by Governor Hughes and in the un certainty of the racing situation in New York. The breeder* an- admittedly in doubt as to the probable --l.it is of the market. TIi-.m- who enn afford to do so have decided to hold tbeic yearlings until fall, when they expect tli. iiejjmii.1 to be stranger. The smaller brcedCB find sonic gratification in the announcement that youngsters from the establish mi nts ot James I!. Haggin. James B. Keene. Clar "Hit H M.i.k.iv and August Koine. nt are to go abrad This irill take out of the country something lik. 250 head, or about one third of tlie entire Ken lucky crop of this year. The Virginia and New Jeraey yearlings are likewise fewer this year, and -o it is argued that the supply will nol exceed the demand, though it is not contended that this will i. ring back the high prices thai the breeders enjoyed before the agitation against racing in New York.