Buchanan is a good chestnut with a small star, and stands full 16 hands high. He is a very handsome colt, with a level and symmetrical frame on sound legs. The most fastidious critic could but be pleased with his general formation and racing-like look. He was bred jointly by Capt. Cottrill, Mobile, Ala., and J. W. Guest, Danville, Ky. The latter sold his half interest to Capt. Cottrill, who in turn sold a half interest in him and his stable in training to Capt. S. S. Brown of Pittsburgh, Pa. This is Buchanan's maiden win. He started six times at two years old, was second five times and third once. He has started twice at three years old. He was unplaced in the Belle Meade Stakes at Nashville, 1-1/4 miles. He bolted and finished second but second place was given to Exploit on a claim of a foul, and won the Derby above. He has twenty-four additional three-year-old engagements. He is by Buckden, out of Mrs. Grigsby by Wagner, her dam Folly by Imp. Yorkshire, out of Imp. Fury by Imp. Priam, &c. SUMMARY Third Race--The Kentucky Derby, for three-year-olds, $100 entrance, half forfeit, $20 if declared May 1st, 1883; $40 if declared May 1st, 1884, with $1,500 added; of which $200 to second. 1-1/2 miles. 51 subs, of whom 16 declared and 3 dead. Value $4,190. W. Cottrill's ch c Buchanan by Buckden, dam Mrs. Grigsby; 110 lbs., Murphy 1 R. A. Johnson & Co.'s b c Loftin by Monarchist, dam Lilly Babbitt; 110 lbs., Sayres 2 T. J. Megibben's ch c Audrain by Springbok, dam Alme; 110 lbs., Fishburn 3 J. T. Williams' ch c Bob Miles by Pat Malloy, dam Dolly Morgan; 110 lbs., McLaughlin 0 Clay & Woodford's br c Admiral by Vedette, dam Regatta; 110 lbs., C. Taylor 0 R. A. Johnson & Co.'s b c Powhattan III. by Glenelg, dam Florence I; 110 lbs., D. Williams 0 Wooding & Puryear's b c Exploit by Enquirer, dam Fanny Malone; 110 lbs., Conkling 0 R. M. McClellan's b c Boreas by Billet, dam Maggie Morgan; 110 lbs., O'Brien 0 Time--2:40-1/4 Betting--Bob Miles $440, Audrain $400, Buchanan $400, Loftin $160, field $240. ELEVENTH DERBY 1885 A more beautiful morning could not have been made for the opening day of the Louisville Jockey Club. Not a cloud was to be seen, and the genial rays of the sun made the day most charming. The Kentucky Derby grows in interest with each recurring year, and this was its eleventh renewal. There is more ante-post betting on it than on any race in this country, and the winner is generally awarded the highest honor as a three-year old.