Word: saratoga
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...fourth day of the annual yearling auction at Saratoga Springs, N.Y., the horse-trading Fasig-Tipton Co. set a new world's record: a Keswick Stables chestnut filly sired by Swaps, 1955 Kentucky Derby winner, went to Paul Mel-Ion's Rokeby Stable for $83,000-highest price ever paid for a yearling filly at public auction...
...theater, museum and concert hall; Oklahoma City, a combined arts and science museum; Baltimore and St. Petersburg, Fla., new concert halls as part of their civic centers; Salt Lake City, Asheville, N.C., and Ypsilanti, Mich., theaters at a total cost of $2,150,000; Laramie, Wyo., Hartford, Conn., Saratoga Springs, N.Y., Odessa, Texas, Gadsden, Ala., and Tenafly, N.J., have art centers and cultural projects planned or promised...
...windfall profit of $2,400,000. Understandably pained, Democrat Levitt accused Wagner of issuing a "vile, vicious slander." The mayor, he cried, was "unfit to hold public office." As for Republican Lefkowitz, who faces only token opposition in his party primary, he spent most of the week vacationing in Saratoga...
Such a horse is hard to find. Occasionally, the auctioneer knocks down a real bargain: Sherluck, winner of this year's $148,650 Belmont Stakes, sold as a yearling at Saratoga in 1959 for $10,500. At the same sale, fleet-footed Globemaster, best U.S. three-year-old, was purchased by Pittsburgh Coalman Leonard Sasso for $80,000, has repaid Sasso with $300.000 in prize money. With a few such exceptions, buying yearlings-which are a year away from any track-is a risky proposition. Training injuries and illness are common among thoroughbreds, and even a well-blooded yearling...
...Horseflesh. Bringing buyer and seller together is the job of white-haired Humphrey Finney, 58. who rules Fasig-Tipton Co., an $8,500,000-a-year horse-trading enterprise that extends from Saratoga to stud farms in England. France, Australia and South America. After 24 years as an auctioneer and "pitchman." British-born Finney knows as much as any man about the cash value of good horseflesh-and about the strange habits of the bidder. Finney scornfully tolerates parvenus whose extravagantly high offers make no horse sense, pointedly admonishes bidders when he thinks the offers...