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NATIONAL ASSOCIATION OF RACING CO MMISSIONERS OFFICIAL PUBLICATION Tkadc Mark Registered U. S. Patent Office. Copyright, 1938, by REGAL PRESS, INC.-Reproduction of any matter contained herein without written permission expressly prohibited. VOL. XLIV. No. 81 CHICAGO, ILL., TUESDAY, APRIL 5, 1938 PBICE 25 CENTS