Full title reads: "Citation Smashes World Marks For Speed And Money".
Presumably San Francisco, California, United States of America (USA). Citation wins records for the fastest mile by a horse and for the most money won by a horse.
LS crowded grandstand. MS Top hatted man with post horn. LS Start of Golden Gate Mile race - horses leaving starting gates pan to first bend. CU Two excited women spectators. LS pan of Citation and Bolero racing onto lead. CU man with binoculars. LS pan Bolero and Citation racing neck and neck around final bend. LS Pan desperate finish - Citation wins by half a length.
(Comb. Red Master.) (Orig. M.)