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UK Tatts Yearlings Cumulative Average Up 7%
In the UK, the 4-day UK Tattersalls October Yearling Sale Part 1 ended with 432 lots sold for a cumulative 55,035,000 guineas (A$143m) which was the 2nd highest turnover for a yearling sale in Europe, but down 8% on last year's all-time record. However the 127,396 guineas (A$331,000) cumulative average was up 7% & the 82,000 guineas (A$213,000) cumulative median was up 21%. Tattersalls chairman Edmond Mahony summed up: "The 2005 Tattersalls October Yearling Sales were hugely successful & were always going to be hard acts to follow. But the average & median prices this year have held up well & the turnover is 2nd only to last year's record levels with a marginally smaller catalogue. In the course of the week there have been some notable highlights, with the highest-priced yearling colt sold in Europe this year, some major pin-hooking triumphs & sustained demand for well-bred fillies from start to finish. It has not, however, always been a straightforward week & while the top of the market has been very strong, we would have liked to have seen a little more depth to the middle market. . . . . This is still a relatively new format, but the vast majority of the top 50 trainers in Britain have been here & as long as we maintain the size of the catalogue, they will continue to come."