After Cosinus appeared Hazard and Boum.

Presently a murmur of approval greeted Spirit, a magnificent big brown bay, the harsh citron color and black of whose jockey were cheerlessly Britannic.

Valerio II scored a success as he came in; he was small and very lively, and his colors were soft green bordered with pink.

The two Vandeuvres horses were slow to make their appearance, but at last, in Frangipane's rear, the blue and white showed themselves.

But Lusignan, a very dark bay of irreproachable shape, was almost forgotten amid the astonishment caused by Nana.