NEWMARKET, UK--A sale like this will always be rather a law unto itself. The quality on offer won't be as consistent, year to year, as a cross-section selected from each new crop for graded catalogues of younger stock. And the distribution of such quality as does appear, across a four-session auction, will be no less variable. So let's not leap to any premature conclusions about a steep decline in returns from the opening day of the Autumn Horses-in-Training at Tattersalls. The coveted Juddmonte draft, for one thing, has this time...