The Pure-bred 341 
such equipment receive higher prices. On the. other 
hand, they must receive higher prices to pay interest and 
depreciation on the investment. On account of this 
very often pure-bred animals of the same merit can be 
purchased from the small, poorly equipped breeders at a 
lower price than from the larger breeders and dealers. 
The real essentials are barns and lots which are handy 
and comfortable, and which give the horse opportunity 
for proper development. The equipment in addition to 
this must be charged to the marketing end of the business. 
Under the present conditions of selling, it is usually pos- 
sible to make a profit on good equipment, especially if 
the breeder is operating on a larger scale, but any breeder 
will find it profitable at least to keep his barns and fences 
neat, clean, in good repair, and well painted. 
THE SHOW RING 
In the development of pure-bred horses, the show ring 
has had a significant place in putting them before the 
public and in demonstrating type and values. The show 
ring has also exerted much influence in the education of 
the breeders. Usually the judges at the larger fairs are 
capable, and showing under such men and studying their 
placing is one of the surest methods of fixing the correct 
type in mind. Usually a breeder’s stock looks very good 
to him until he takes them in the show ring, where he 
quickly sees that he still has much improvement to make. 
The show ring has also an extended advertising value 
and the value of the animals is greatly increased by the 
winnings at the large fairs. In the future the show ring 
will continue to be a prominent as well as essential factor 
in the pure-bred horse business. 
