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KING- ALFONSOS GOOD YEAR The flat racing year which has just closed in Spain has been the most prosperous since horse racing was instituted in that country. The Duke of Toledo King Alfonsos racing name heads the list of winning owners with a most substantial total, having won thirty-seven races worth 624,730 pesetas. The Baron de Velasco comes next with forty victories, worth 156,039 pesetas, closely followed by the Comte de la Cimera, Senor-ita Maria de Ussia, and Mr. Joseph Lieux. The Duke de Toledos most important success was gained in the Grand Prix Alphonse XIII., Avon by his three-year-old colt, Ruban. That prize, which was worth 500,000 pesetas this year, is, it is rumored, to be greatly increased in value next year. It is a curious coincidence that of all European countries where horse racing takes place, Spain was the last nation to adopt the sport. Yet today the richest turf prize in the world is decided on a Spanish race course, which did not exist a score of years ago. The president of the Spanish Jockey Club is M. G. Marquez, who is also director of the famous San Sebastian Casino, and it is not diflicult to understand that any deficit in connection with the big race is more than counterbalanced by the profits from the green-clothed tables.