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Hike Caliente Minimum Purses Up to ,400 AGUA CALIENTE, Tia Juana, Mexico, Aug. 27. Caliente announced its third voluntary purse increase in less than two years. Starting next Sunday there will be a 40 per cent hike in the minimum prize over that offered a year ago this time. Walter C. Marty, managing director of the local course, made the following announcement: "Beginning next Sunday, the minimum purse for any race at Caliente will be ,400. A year ago at this time the scale was ,000. This latest increase means that the minimum reward to horse owners here during the next 12 months will be 50,000. This figure may reach ,000,000, depending on the number of races we run. This increase in prize money is in line with our belief that in good times and bad, owners and management should share in the proceeds of racing."
