The anticipated yearling registrations will be the smallest 

 since the program's inception. This is due in fact to the 

 increased competition from near-by states' stakes programs (New 

 Hampshire $300,000, Maine $250,000, New York $5,000,000, and New 

 Jersey $7,000,000. 



However, the Mass, Sires Stakes program has produced top 

 quality stakes horses. Farbro Wave broke the track record for 

 two-year olds at Foxboro, in 2:02. This same colt went on to 

 become the national season's champion, taking a record in 1:57.1 

 at a New Jersey track. Two others took records in 2:00 or less, 

 making it an outstanding year for Mass. bred horses, 



FINANCIAL REPORT 



The total appropriated budget for the fiscal year was $615,000, 

 Of this total, $340,600 were appropriated for fair prize awards, 

 fair inspections, promotional programs and administration costs; 

 $75,000 were appropriated for the fair rehabilitation program; 

 $200,000 for the Thoroughbred and Standardbred programs. 



Massachusetts < 

 grown. ..and fresher! 



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