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ADMIRAL GRAYSON ENJOYING HIMSELF SARATOGA. N. Y., August 11. Noljody attending the races at Saratoga this year is having n better time than Admiral Cary T. Grayson, who is racing and -breeding in a small way. He owns among others the good handicap horse Gnome, and is up and out for a ride on the buck of a gray mare every morning. His day is a busy one between inspecting the training of the horses and looking over his own and the other yearlings which are to be sold during the next two weeks. AVhile Admiral Grayson has a Email stud his mares are all of the finest breeding, and he is certain to send some winners to the post, especially when he retires Gnome from the race course and crosses him with the fine English and French marcs he owns. c
