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Market rebounds slightly on final day of Midlantic

THE final session of the Fasig-Tipton Midlantic Eastern Fall Yearling Sale in Maryland ended on Tuesday with major declines across-the-board.

However, the second session yielded an increase in business with six horses selling for six-figure prices as opposed to one on the opening day.

They were led by a son of Harlan's Holiday, for whom Francis Vanlangendonck of Summerfield Sales Agency paid $300,000 on behalf of Florida pinhooker Nick de Meric. However according to reports, the colt is likely to be retained for racing by LRK Stables rather than point for a breeze up sale.

Paramount Sales consigned the colt - who was prevented from taking up his engagement at the Fasig-Tipton Saratoga Yearling Sale in August by a stone bruise - on behalf of Gerry Dilger of Dromoland Farm in Kentucky. Dilger had paid $150,000 for him at last year's Keeneland November Sale.

All told, 387 yearlings changed hands for a total of $5,616,450, a decline of 32 per cent. The average price dropped 15 per cent to $14,513 while the median crashed 39 per cent to $5,500.

However, the clearance rose to a healthy 73 per cent as vendors made every effort to move their horses on.

A daughter of Tapit was the sale's dearest filly, selling for $182,000 to pinhooker Cary Frommer.




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