Horse riding and jumping display in Italy and young racehorses trained in Hungary.
Titles read: 'JUMPS AND JUMPERS'.
Various shots of soldiers riding around on horses in a park or enclosure and horse jumping. Civilians and soldiers watch - could be some kind of military horse-riding display.
At a different location - Hungary? - we see various shots of young racehorses being trained to run round an outdoor track. Men in military (?) uniform and civilians look on.