These figures show that the profits of the Coney Island Jockey Club for _thirty days_ of racing are more than the full amount of its capital stock. Some years ago, when racing was conducted on a smaller scale, this stock paid 56 per cent. per annum. Unless a lot of money is packed away in a reserve fund, the stock should pay dollar for dollar now, and the state still gets the “penny in the dollar.” Much of the income was contributed by the chief factors at a race-course—the men who own and race horses; and one of the most interesting features of a race meeting, to members of the Racing Trust, is the fact that the men who own the horses are racing for money contributed, in great part, by themselves. The money added by the racing associations is often less than the amounts furnished by owners of horses that have been entered for a race. Much stress is laid upon the fact that $2,601,160 was won in purses last year on the tracks of the metropolitan circuit and Bennings. This amount, large as it may seem, was so distributed that very few owners paid much more than expenses, while a far larger number lost much money. Four hundred and thirty-eight stables or owners were among the winners, and a glance at the following table will show that the losers were in a large majority. OWNERS AND WINNINGS Herman B. Duryea $200,043 James R. Keene 164,940 E. R. Thomas 151,210 Sydney Paget 133,441 Newton Bennington 104,210 John A. Drake 99,480 S. S. Brown 82,472 R. T. Wilson, Jr. 69,115 John E. Madden 55,830 Goughacres Stable 50,084 Thomas Hitchcock, Jr. 44,540 W. B. Jennings 34,605 M. L. Hayman 34,330 John Sanford 33,435 W. B. Leeds 32,320 L. V. Bell 31,520 J. W. Colt 23,130 Waldeck Stable 23,050 M. Corbett 22,445 J. L. McGinnis 21,400 Andrew Miller 20,155 Frank Farrell 19,980 W. C. Daly 18,495 “Mr. Cotton” 18,135 “Mr. Chamblet” 17,605 P. Lorillard 17,290 J. E. Widener 16,970 C. F. Fox 16,810 A. L. Aste 16,705 S. Deimel 16,605 J. McLaughlin 16,490 E. W. Jewett 16,165 August Belmont 15,745 Columbia Stable 15,317 W. Lakeland 15,220 Boston Stable 14,765 H. T. Griffin 14,555 F. R. Hitchcock 14,405 J. G. Greener 14,200 Albemarle Stable 12,895 T. L. Watt 12,755 E. E. Smathers 12,695 N. Dyment 11,900 U. Z. De Arman 11,080 Oneck Stable 10,600 John J. Ryan 10,515 W. M. Sheftel 10,515 W. L. Oliver 10,425