THE TURF IN ENGLAND.

LADY AS TRAINER. [ FROM OUR OWN CORRESPONDENT. ] LONDON, November 10. Lady Dorothy Fraser, a daughter of Lord Coventry, the owner of Emblem and Emblematic. who won the Liverpool Grand National, and of Verdict, is training Ardeen for her husband. Sir Keith Fraser. and the success of the gelding in the Grand Sefton Steeplechase at Liverpool was immensely popular, as the owner made no secret of the great fancy he had for his horse, who had finished second to Ballinode in the race last year. Ardeen. by the way. was the last. mount of the late Captain S. Bennet, as he was riding that horse at Wolverhampton when he met with his accident that subsequently proved fatal. Sir Keith and Lady Dorothy Fr&eer are keen hunting people and only wager very modestly. The owner is naturally proud that Lady Dorothy personally trains Ardeen at their Midland home. She inherits horse " lore" from her father. " The Scout," of the Daily Express, thinks it must surely be a record for such a big race as the Sefton to be won by a woman trainer with her husband's horse, though Mrs. Sam. D.irling and Richard Marsh's other daughter, Mrs. Vic. Tabor (who was Miss May Woodland). Mrs. Adam Scott, Sir Robert Wilmot's t'vo daughters, Mrs. Verschoyle and. Mrs. Rimington, and Eleanor Lady Torrington are among well-known women who assist in the training of horses. Mrs. Darling, it may be recalled, looked after the Newmarke' stable while her husband was in khaki. MISCELLANEOUS ITEMS. Manna. Mr. H. E. Morriss' famous winner of the Derby, has been turned into a limited liability company, with a capital ot £20.000 in £1 shares, most of which are held by Mr. and Mrs. Morriss. The company is called the Banstead Manor Stud, Limited. Mr. Morriss is in business at Shanghai, where ho spends most of his time, and the company has been formed in order tß&t Manna, an a stud horse, may be run on efficient business lines during the owner' 3 absence. Four thousand shares each are held by Mr. Stuart R. Cooper—who is acting as trustee for Mrs. Morriss—and Mr. John Kinmont Moir. " Watchman." the Morning Post turf authority, thinks .the arrangement is probably a convenient measure taken to safeguard the bloodstock breeding interests of the owner of the Derby winner during his absence in China. " The first thins which strikes one about the formation of this company is that its capital is only £20,000 in £1 shares-, and this apparentlv covers the value of certain property at Banstead as well as the horse. If Mr, Morriss were desirous of selling Manna in the open market he would nave little difficulty in finding a buyer at £40.007) or more. Although Manna has. not been adver-ti-ed in the usual way, i* is expected that the fee will be 400gns, which means that in normal circumstnnces hj« will represent an income of at least £12,000 per annum. Ho cost 630pgn« as a yearling, and won £23,534 in stakes before his breakdown during' the race for the St. Leser.