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ENGLISH NATIONAL STUD A PAYING CONCERN. " It was reserved for the National Stud to set the e market, says a London report of the Newmarket sales, for until the appearance of "our" yearlings s in the ring no hid of 1,000 guineas or more had been n made, but with their appearance buyers woke up. . Mr. I. Eraser had to go to 1,150 guineas before e securing the colt half-brother to Flash of Steel by White Eagle; Sir G. Tatem to 1.500 guineas before being the owner of the half-brother by y Royal Realm to Prince Palatine. These were the top prices. It remains;- however, to add that the ten National Stud yearlings realized 5,085 guineas average just oyer 5GS guineas. Perhaps the most !t satisfactory, feature is that it leaves the National Stud a paying concern in this, the" first year of its ts existence as the property of the nation.