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PREPARING LATONIA BOOK HOMEWOOD, 111., June 1. William H. Shelley, who serves as racing secretary of the American Turf Association tracks, is working on the first issue of the conditions for the Latonia meeting. Judge Shelley plans to have the books ready for distribution among the horsemen next week. The Clip-setta Stakes, for two-year-old fillies and one of the seven stakes to be decided during the thirty-one-day meeting starting Saturday,, June 24, will feature the opening days program. The 1932 running of the stake was won by W. C. Weants Wise Anne. Like the Latonia Derby ,the Clipsetta had its inception in 1883, when the first meeting was held at that Kentucky course. During the fifty-year history of the stakes such gallant fillies as Star of Danube, Viva America, Miss Jemima, Ruddy Light, Sweep Park, Fair Phantom, Port Harlem, Alcibiades, Calisse, Lady Savoy, Queen Dixon and others have won the fixture.