The valley of the Goulburn has become the happy hunting-ground of the Victorian breeder, and mostly all the principal studs are now located in this rich strip of country, which extends from Seymour along the banks of the river for many miles. At Wahring, about 87 miles distant from Melbourne, Mr. Norman Falkiner has established his Noorilim Stud, whose rich and highly improved paddocks shelter the best collection of mares owned by any one man in Australia. Here, too, is that most perfect horse Comedy King (imp.), a splendid son of Persimmon, and one of the outstanding stud successes of to-day. He is a most versatile sire, producing as he does sprinters, stayers, Cup and Grand National winners. With Comedy King at Noorilim is the imported Spearmint horse Spearhead, a highly bred young English horse who is just starting his stud life. Some ten miles away on the Melbourne side is Chatsworth Park, where the Redfearn family bred many good horses in days gone by. The V.R.C. Chairman, Mr. L. K. S. McKinnon, on Woorak’s retirement from the turf, established him at Chatsworth at the head of a very select lot of mares, but dispersed the stud in 1921. Chatsworth is now owned by Mr. Hildyard, who is gradually establishing a stud there with the imported Quæstor, by Cicero, at the head of it. The hunting enthusiast, Mr. A. T. Creswick, whose years sit lightly on him and who yet takes tea with the best of them over the stiff post and rail fences the Melbourne Hounds hunt over, has a nice property at Negambie. Here, at the Nook Stud, is All Black, an imported son of Gallinule, and whose daughter Desert Gold is one of the best of the Australasian Turf’s fair sex. White Star, an own brother to the English Derby winner Sunstar, is also at The Nook with a wonderfully choice collection of mares, who are bound to produce more than their share of winners. Not far away Mr. Winter Irving keeps some half-dozen very select mares, and he has already added to the valley’s reputation by breeding good horses. This year death removed Mr. J. V. Smith, a familiar figure from the horse-breeding world of Victoria; he has left his sons to carry on his breeding operations. Only recently the stud was moved from Bundoora, where it had been for many years, to Kuarangi, a rich valley property near Dhurringle. Wallace, who was at Bundoora for several seasons, was undoubtedly the best horse Carbine left behind him in Australia, and the Messrs. Smith are happy in the possession of a number of well-bred mares by him. The stallion now in use is Ethopiam (imp.), a son of Dark Ronald, and this year will be his first at the stud. Toolamba is another valley stud of recent origin, owned by Dr. S. A. Syme. He has a prospective stud success here in imported Lanius, a very well performed and staying son of Llangibby, whose progeny are just starting to race this season. The New Zealand-bred Broadsword is also at Toolamba, and siring useful horses.