CHAPTER XXV 



THE ERA OF HIGH PRICES 



At a public sale in the American Institute 

 Building, New York, in January, 1892, 11 colts 

 by Electioneer sold for an average of $6415. 

 Previous to this Mr. Bonner had paid $41,000 

 for Sunol with a three-year-old record of 2.io|; 

 and Mr. Forbes had paid $125,000 for Arion with 

 a two-year-old record of 2.1 of. Consignments from 

 other California breeding establishments, notably 

 from the farms of William Corbitt and L. J. 

 Rose, had commanded extraordinary prices under 

 the hammer in New York, and the pessimist felt 

 like a man packed away in ice. In the late fall 

 of 1889, Mr. Bonner was in California and at 

 Rosemeade saw a bay filly called Reverie, foaled 

 January 5, 1888, by Alcazar, dam Sallie Dur- 

 brow by Arthurton, which had trotted to a year- 

 ling record of 2.36. Her conformation was speedy, 

 but she had what is termed a washy look. Mr. 

 Rose painted her future in glowing colors, and 

 when she was placed under the hammer in Madi- 



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