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Adams Announces Ascot Gold Cup Increased in Value to 0,000 ASCOT PARK, Cuyahoga Falls, Ohio, May 9. — Horace Adams, president of Ascot Park, announced today that the value of the Ascot Gold Cup has been increased from ,500 to 0,000. Following a conference with racing secretary Charles F. Henry, Adams said, "Since the start of the 1956 meeting we have been increasing purses in the lower races, a policy we have followed • here at Ascot since I became owner. We have started at the bottom, and* now we feel it only appropriate to put some added money into the Gold Cup. , Last year the race had a value of ,000.
