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New Zealand Illustrated Sporting & Dramatic Review, Volume III, Issue 150, 8 June 1893, Page 9

The Apremont —Waterwitch horse { Aquarius, who has done good service under welter weights down South, has been sold to a Melbourne racing man and shipped , thither in charge'of H. Cusdin, the jockey. The price paid for' him' 'Was' Isogs, and he goes into C. Rudings’ stable. v , ~q “ Random,” in the Canterbury Times, in commenting on the Canterbury Jockey Club’s annual meeting and the financial position of the Club disclosed thereat, says:—“l cannot think that the large profit of odd is altogether a matter for congratulation. It is too much for the club to. make out of its patrons in one year. The club cannot, I know, estimate its receipts and expenditure to a few hundred pounds and arrange to pay away exactly the amount it is likely to receive.. But when it retains a profit of nearly wei may be sure that the expenditure has not been nicely adjusted to the receipts. In this* case it seems that the subscribers to the First Challenge Stakes have suffered to a considerable extent, The club has made a large profit out of the sweepstakes over and above the advertised value K of the race. This means —to put if in the plainest language—that the subscribers have received less than value for their money.”