THIRD ANNUAL YEAR BOOK — PART VI. 33 ( J 



GROWTH OF THE LOCAL DEMAND. 



With the growth of the export trade, the great increase in the demands 

 of the local market has required horses in large numbers. The increase 

 of population, with a growing love of a good horse, and the wonderful 

 growth of business, call for many more horses than were needled for 

 such purposes in the early "90's." The exacting nature which charac- 

 terizes the foreign demand is also coming to be a notable feature of the 

 home demand. 



This third cause — the local demand — ■combined with the export trade, 

 makes a broader market. Undoubtedly, there are as many horses in 

 the country now as ten years ago, though of an inferior quality, but 

 relatively there is a great scarcity. 



GENKRAL CONSIDERATIONS OF THK MARKKT— WHAT CONSTITUTES A 

 MARKET CLASS 



By a market class we mean the demand that exists for a horse of cer- 

 tain characteristics definitely specified. We find the requirement that 

 certain work shall be done in certain ways. This requires a horse of 

 certain size, conformation, style and action, and becomes more exacting 

 as time goes on and the demand for such a horse increases. For this 

 reason it is readily seen that classes on the market at one time may be 

 cut off by reason of a change in the kind of work to be done or a cut 

 off by reason of a change in the kind 1 of work to be done or a change in 

 the method of doing it; such, for instance, as the substitution of elec- 

 tricity for horses as a motive power for street railways. On the other 

 hand, we have an illustration of the creation of new classes in the open- 

 ing up of the English demand for the omnibus horse. The increasing 

 demand for hunters for both the local and export trade and the brisk 

 trade in polo ponies are also instances in such conditions. The kind of 

 work and the manner in which it is to be done, therefore, develop the 

 buyer's demands and thus create the market class. 



WHEN WILL A HORSE SELL WELL? 



The question naturally arises;. When will a horse sell well? This is 

 answered in describing the requirements of the various classes, which 

 is done elsewhere in this bulletin. An animal will be in good demand 

 when he meets the qualifications of a market class; the more clearly he 

 does so the greater demand there will be for him and the higher will be 

 his selling price; and a horse that goes into a class because his breeder 

 was successful in breeding him for that class is much more likely to sell 

 profitably than one that drops into a class as the result of an accident 

 in breeding, handling, or fitting for the market. A breeder must deter- 

 mine for himself whether he can produce such a horse and dispose of 

 him at a profit. That he will find a good demand for animals of the 

 right type is quite certain. The individuality of the horse himself, then, 

 will indicate his class. 



GENERAL ESSENTIALS OF A MARKET HORSE. 



Before taking up the details of the various classes it may be well to 

 consider the essentials that all classes must have — the requirements ol 



