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THE OFFICIAL RAGING PAPER Americas Turf Authority for Forty-Three Years NATIONAL ASSOCIATION OF RACING COMMISSIONERS OFFICIAL PUBLICATION .4 Trade Mark Registered U. S. Patent Office. r- Copyright, 1938, by REGAL PRESS, INC. Reproduction of any matter contained herein without written permission expressly prohibited. ,VOL. XLIV. No. 295 CHICAGO, ILL., SATURDAY, DECEMBER 10, 1938 PRICE 25 CENTS