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SYNDICATE STABLE PROFIT Project Started in Fun Results in Good Financial Return. NEW YORK, N. Y., July 17. Last August at Saratoga Springs Mrs. F. Ambrose Clark 1 and Mrs. R. Penn Smith, Jr., decided that it would be a lot of fun to go into partnership J in a racing stable. Nothing elaborate was 1 planned, but It was rather for the entertainment that would come from the developing of some cheap yearlings. Only ,000 was j spent in the purchases and Simon Healy was j put in charge of eight that were bought. It is natural that spending only 55,000 for eight thoroughbreds that not much could be expected. But both Mrs. Clark and Mrs. Smith , are ardent horsewomen and, while , the selections were more or less culls, they gathered together a string that has afforded them no end of enjoyment. This racing establishment was christened the Syndicate Stable and both the fair partners took a lively interest in the training of the horses. In the spring the Syndicate Stable was a , shining mark for the sickness that was abroad and it looked for a time that much , of the fun would be knocked on the head. But Simon Healy brought the string through the epidemic, though at one time he did not have a well horse in the stable. Then the fun began in earnest. Scare Crow, well named by reason of his appearance when the name was chosen, was the first one to break into the winning column. With one victory, a second and two thirds he brought in ,100 as his share. Then he was claimied for ,500, so that he really contributed ,600. Then along came Suspicion, with two winning races that netted the Syndicate Stable ,567.14 and right away the yearling purchase price was all back. But that was not all. Susiana and Sister Sue each contributed 00 to the stable pot and altogether this ,000 purchase has brought in ,767.14 and there are still seven horses in the string. The seven are to be sold In the Yonkers paddock before the end of the present meeting. That was a part of the agreement when the partnership waa formed and when the sale is over it is a sure thing that the fun that the Syndicate Stable has afforded Mrs. Clark and Mrs. Smith will have been profitable fun. The sale of the horses does not mean that there will be no Syndicate Stable next year. Rather, it means that the yearling purchases this August will be more pretentious than those of last year and it is entirely possible that this new racing establishment will go on to a much higher place on the turf. It is from such beginnings that many a big racing establishment has been built up and it is a big thing for racing to have the patronage of such sportswomen. The selection of the yearlings and their development from babyhood to the race course is intensely interesting, and it was for that diversion that the Syndicate Stable was formed. It would be well if there were other racing ventures along the same lines and the success of Mrs. Clark and Mrs. Smith may induce the forming of other like partnerships.
