A more raw, cold disagreeable day can hardly be imagined than the opening day of the Louisville Jockey Club. It was cloudy, and a cold, raw wind blew directly across the track from the North; and as they have had no rain for the past fortnight or more, the dust blew in blinding clouds. The track had been watered on the homestretch which helped matters very much. The track was slow, and deep in dust except on the homestretch. The attendance was very large, the people taking advantage of the free entrance to the inner field; the rails were packed, four or five deep, from the three-quarter pole at the head of the stretch to well around the first turn. The Grand Stand, Betting Ring and lawn in front of the Grand Stand was packed, making locomotion extremely difficult. Only seven appeared for the fourteenth renewal of the Kentucky Derby, and the Melbourne Stables Gallifet and Alexandria were even against the field. The race is described elsewhere but a few comments are necessary here. Gallifet though the day was raw and cold frothed and fogged greatly between the hind legs and on his neck, showing him to be soft, and not keyed up to concert pitch. Still, notwithstanding his condition we think him the best colt and should have won. He made the pace hot, 51 for the first half mile, was ridden in the deepest and meanest part of the track. With a good jockey he should have won. The Chevalier made an unaccountable bad show and Macbeth made a wonderful improvement on his race at Lexington. He swerved badly at the head of the stretch and seemed like he wanted to go out, but won quite handily at the finish. On Macbeth's running at Lexington we could not recommend him for a place and selected Gallifet, The Chevalier and White for the placed horses. Gallifet was second, and White third. The Chevalier led off, Gallifet second, Autocrat third. Entering the main track Zeb Ward led, Alexandria second, White third, rest bunched. Passing the stand Alexandria led Gallifet a head, followed a length off by The Chevalier, White, Autocrat and Zeb Ward. Gallifet took the lead after passing the stand, and led Alexandria a length at the quarter, The Chevalier third. Coming to the half Gallifet led Macbeth two lengths, who was head and head with The Chevalier third, Autocrat fourth. They ran in this order round the lower turn, White moving up to fourth place entering the stretch. Half way down the homestretch Macbeth took the lead and won quite handily by a length, Gallifet second, three lengths in front of White third, Alexandria fourth, The Chevalier fifth, Autocrat sixth, Zeb Ward seventh. Time--quarter 26-1/4, half 51, three-quarters 1:18, mile 1.44-1/2, mile and a quarter 2:11-1/4, race 2:38-1/4. SUMMARY For three-year olds, foals of 1886, $100 entrance, h f $10 if declared on or before May 1st, 1887; $20 if declared on or before May 1st, 1888; money to accompany declarations; with $2,500 added; of which $500 to second and $200 to third. 1-1/2 miles. 95 noms.