It would serve no good purpose to continue the analysis, but it may be stated that, in the course of 1890, 654 yearlings of both sexes were exposed for sale at the average price of about 362 gs., the total sum realised for the season's sales being 236,608 gs. The two sires which stand out with prominence are St. Simon, with an average for nine of 2,150 gs., and Ormonde, for two, with an average of 2,000 gs. The highest price obtained for any one of the yearlings has already been chronicled; the lowest sum realised, it may be stated, was 11 gs. The foregoing statistics will serve to show that the breeding of blood stock is profitable, and that there is still a demand for good strains of blood, for which big sums of money are never grudged, although it is exceedingly rare to find the more expensive purchases showing to advantage on the racecourses of the kingdom. It is somewhat pitiful, or, it may be said, painful, to find men--and among them members of Parliament--crying, more or less loudly, "down with sport." Such persons assuredly know not what they say, seeing that "sport" provides thousands of families every year with food, raiment, and habitation; the money usually expended on the up-keep of race-horses and hunters being largely distributed among those who are generally termed the "working classes." With regard to the cost of sport on the turf, it must be kept in view that the interest accruing on the prices paid for the animals amounts in itself to a large sum annually. Take, by way of example, the sums expended by one gentleman in the purchase of blood stock, and let us call the amount £10,000; that of itself means £500 per annum, for which it is just possible he may never see any return, and have the keep of the horses, the entries, travelling expenses for trainer and grooms, and jockeys' fees to pay, a class of expenditure that may certainly be averaged at not less than £300 per annum for each animal.