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New Zealand Illustrated Sporting & Dramatic Review, Volume VII, Issue 346, 11 March 1897, Page 3

An English exchange says : —“ There was no higher bid than £B,OOO, which was made by Gurry, for the Chetwynd House Stables, Newmarket, and the property was withdrawn. At one time there was some talk of nearer £20,000 as the value of the property, and Colonel North, I believe, gave over £12,000 for it. The decline in value is to be attributed to the fact that it has come to be looked upon as an unlucky place. Poor old Sir John Astley got broke in it, and Sherrard, who was for a time the tenan', had his license withdrawn, as also had C. Wood, the jockey, who built it. Nor did Sir George Chetwynd and Lord Lurgan, who were its chief supporters, make their fortunes in it. Colonel North then became the owner, and his affairs went, to the bad from the first moment that he stepped into it, and he could scarcely win a race. It is very near the station and Heath, and is one of the most complete establishments at Newmarket.