The fair grounds are beiug pat in order for the Horse Fair and Sheep Shearing Festival to be held next week, commencing on Wednesday. The track has been widened so that ütb horses can be driven abreast, graded, rolled raked, and is now in perfect order. A new judges' stand has been erected - so small thai intruders will necesaarily b kept outside, anc a new and large stand - 40 by 80 feet - is being erected tor the use of such visitors as desire to take comfort while witnessing the trials ot speed. The Luick Brothers are building the stand, and it promises to be strong and safe Under the elevated seats of the stand a large aud commodtous dining room will be fltted up, with a kitchen attachment. We understand that the managers expect the presence of a large uumber of horses with a good repute for speed. The premiums offerred are liberal, as follows : ■WEDNESDAY, MAY 23. No. 1-3:15 Class. Purse, $150. Premiums, $75, $40, $20, f 15. No. 2-2:34 Class. Purse, $200. Premiums, $100, $50, $30, $20. THÜR8DAY, MAY 24. No. 3-3:00 Class. Purse, $175. Premiums, $85, Y45, $25, $20. No. 4-2:40 Class. Purse, $200. Premiums, $100, $50, $30, $20. FBIDAY, MAY 25. No. 5-2:00 Class. Purse, $175. Premiums, $85, $45, $25, $20. No. 6- Free for all. Purse, $200. Premiums' $100, $50, $30, $20. All races 3 in 5, to haruess. Bules of the S'ationul Associatiou to govern, excopt as stated. A horse distancing the field, or any portion thereof, will be awarded but one premium. Hoats, in each day's races, may be trotted alternately. No premium to ruled out horses. Entrance fee, 10 per cent. of purse, and raust accompany nominations. Five entries and three to start are required m all races, iorses called at 1.45, and start promptly at 2. Entries close to-day at 9 P. M. Ladies will be admitted to the grounds free A list of sheep, wool, and Bhearing premiums bas not been furnished us.