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j HUNTS STAKE INCREASING Value of Initial Handicap, to Close Next Month, Should Be More Than ,000. NEW YORK, N. Y., Dec. 2S. The United Hunts Racing Association, which has the distinction of opening and closing the racing season in New York State each year at Belmont Park, has announced to close on January 2, 1925, the Initial Handicap for three-year-olds and ispAvard at three-quarters mile, ,000 added. The added money, Avith the probable entrance and starting fees, should bring the value of the CAent to be-tAA-een ,000 and ,000, thus making the spring meeting of the association an opening of real importance. It should attract the best horses in training in the vicinity of New York. Eventually it may become an cAent ranking in importance with the Pau-monok Handicap at Jamaica and the Metropolitan Handicap at Belmont Park, which mark the opening of these tracks. For years this sporting organization has "carried on" at a financial loss, but this year, for the first time it will close the fiscal year with a credit balance. In pursuance of its by-laws to the effect "the funds of the association shall be deA-oted solely to the purpose for Avhich it Avas incorporated im-proving the breed of horses and the conduct of running and steeplechase meetings and no part thereof shall be divided among its members at any time," the association will increase the value of its stakes and purses as generously as it can afford each year, after allowing for the actual necessary expenses of operation. The conditions of the Initial Handicap are as follows: For three-year-olds and OAer. By subscription of 5 each ; starters to pay 0 additional to the Avinner, with ,000 added, of Avhich 00 to the second, 00 to the. third and 00 to the fourth. Weights to be an-; nounced February 2, 1925. Winners of a ! race of A-alue of ,500 after the announcement of the Aveights to carry five pounds additional. Three-quarters mile. I Entries close Avith II. A. Buck, secretary, I I 70 West Fortieth street, New York, on Jan-1 uary 2, 1925. 1