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FABLES ABOUT FRENCH BETTING We are Sold with much flourish and many cabled words that th Paris mutuel "take" on the Grand Prix race amounted to 1:1,450,000 francs ,072,8S5 at present exchange rates, and that 5,000,000 francs 1921.sh21,890 were taken on the other four races of last Sunday at Lnngchamps. These figures, translated, do not bear out the occasional stories or great French speculation. With such a race as the Grand Prix and five others and mutuel betting at an English or American race course in such cities as London or New York the "take" would have been nearer ,000,000 than ,294,775. Slap dash cable news about racing in these days distorts actual happenings most dismally.