THE AMERICAN SADDLE HORSE 39 



top price for a stallion of the breed. As illustrative of the high 

 values placed on these horses by their admirers, it is reported 

 that ^5000 was refused for Black Squirrel at eighteen years of 

 age, ^7000 was refused for Dandy Jim, and ^12,000 for Bourbon 

 King. 



The American Saddle Horse Breeders' Association was organ- 

 ized at Louisville, Kentucky, in 1891, as the National Saddle 

 Horse Breeders' Association. In 1899 the name was changed to 

 the American Saddle Horse Breeders' Association. Up to 19 19 

 seven volumes of the studbook have been published, indicating 

 a registration of 7500 stallions and 13,500 mares. 



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