The St. Louis Republic., 1902-09-08
Announces That st. Louis Capital
Will Establish S200.GG0 Plant
Near Heart of City.
CONSIDERING THREE SITES
Issues Statement of Kinloch Re
ceipts and Disbursements.
Showing Profit of $1,000
for Fifteen Days Meet.

| REPUBLIC sPECIAL
New York. Sept. 7.-St Louis is to have
a new race track within seven or eight
miles OF the heart Of the city. which will
be backed b. -. Louis capital.
This announcement was made tonight by
Mr.. T. J. Carmody. who came 10 New York
yesterday for the first time in nearly half !,
centdry-fOrty-s y-seven years. to be exact. and
l. stopping AT the Holland House.
AZ. Carmot.yf said that he has three sites
under consideration. hut has not decided
upon the one 10 be chosen FOR the new race
course. which viii be = regulation one-m.lts
track. and win cost in tte neighborhood OF
ssVG.OcO
There are number of ST. Louisans who
are anxious 10 engage IL. legitimate racing -
said Mr.. Carmody. and they have ex-
pressed desire to come into the enter
prise There will be no dearth OF funds. |
cannot at this time give you the location
but you can say that il Will certainly be
within seven or eight miles from the center
OF -. Louis. and will be ngst-class race
course iE every respect"
KINLOCH PARK FINANCES.
The trouble with Kinloch was that IL
Was altogether too far from the city proper.
although the season which closed week
ago was a profitable one. II Is true Our
profits were not large. but when you con-
slider that the meeting at the same track
the season previous netted Il loss OF s2'.5N.
the Si.Vo profits which We earned for the
nfteen days ending August - was not bad.
Our gross receipts were s5SeOo for the
meeting. We disbursed $1,000 I'm all. $50 90
OF winch was given IN purses our receipts
were principally from the bookmakers. who
IN III contributed $250uq; $4,000 came from
paid admissions. $500 from the Western
Union Telegraph Company and 5000 from
programmes and privileges In addition To
these amounts. We received donations from
friends OF ths course. who We're anxious
-hnFaIH No tsur nal xs-hfr frl.
netted in the neishborhood Of E.v1.
But We decided that Kinloch's seventeen
miles was too great j distance for le pub
lie to travel. The water. what little there
Is there. II not Uf the best. and II would
take a good deal OF money-sOmethins like
slocc9-to put things In good condition. 1t
mas been decided that IL would be- much
better TO spend twice as much money In
building track which would be more ac-
cesslDle 10 turf patrons and where they
could travel in comfort
The transportation facilities to Kinloch
Id last voTy poor and s. thoSS who 9aeked ihe
outcome. They really believed they were
IN losing enterprise. never thought We
bounded faith in the sporting fraternity OF
81. Louis. What they want is good. clean
racing; aud hey get il al kinloch-"
MIR. Carmody said that the new track
would b. ready for business by May l. 1875,
but II would be necessary to get "a license
from the Western Jockey Club and dates
before beginning. lie expressed no doubts
about being able to secure both.
When asked about the alleged Gates
Drake racing cembipe Mr.. Carmody said
he did not know anything about such II
combination. sess..-f- +r
1t was sdsgestsa tha, he was in the Es-,
In the Interest," Of Drake and Gates. and
that the nav ccaHsx would be backed by
these caPRalists. y "
Il know John Gates pretty WE'LL said
Mr.. Carmody. but / have never 10 my
knowledge met Drake. 1 am not acting for
either. The new 81. Louis course will be
controlled by St Eouis men. and they are
not those who are at present engaged in
the racing game there.