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AUSTRALIAN STAKE VALUES KEPT HIGH HIGHThe The stress of war has brought about some re ¬ duction of stake values in Australia A shining example is the cutting down of the endowment of the world famous Melbourne Cup from S40000 to 3001K But racing is in a highly flourishing state in that far away land and on the whole values have been well maintained This is sufficiently attested by the following list of enticing stake races which closed for entries the first week of June JuneNew New South AAales AAalesAustralian Australian Jockey Club ClubAdded Added AddedEpsom Epsom Handicap 1918 7500 7500Metropolitan Metropolitan 1JIS L0000 L0000Breeders Breeders Mate 1918 250 250Gimcrack Gimcrack Stakes 191S 0250 0250December December Stakes 1918 5000 5000Australian Australian Jockey Club Sires 1roduce 1roduceStakes Stakes 1919 13000 13000Champagne Champagne Stakes 1919 10000 10000Australian Australian Jockey Club Derby 1919 25000 25000Australian Australian Jockey Club St Leger 19110 7500 Koscliill Racing Club ClubJtosehill Jtosehill Guineas 1919 3075 3075Hawkesbury Hawkesbury Racing Club Hawkesbury Guineas 1919 1050 1050Victoria Victoria VictoriaVictoria Victoria Racing Club ClubMariliyrnong Mariliyrnong Mate 1918 7500 7500Melbourne Melbourne Cup 1U18 30000 30000Sires Sires Produce Stakes 1919 5000 5000Ascot Ascot Vale Stakes 1919 5000 5000Aictoria Aictoria Derby 1919 15000 15000Oak Oak Stakes 1919 2500 2500Victoria Victoria Uacing Club St Leger 1920 5000 5000Grand Grand National Hurdle Bace 1918 0250 0250Grand Grand National Steeplechase 1918 0150 0150Victoria Victoria Amateur Turf Club ClubDebutant Debutant Stakes 1918 7500 7500Toonik Toonik Handicap 1918 GOOO GOOOCaiilficld Caiilficld Cuy 1918 25000 25000Canlfield Canlfield Guineas 1919 10500 10500Australian Australian Hurdle Race 1919 7500 7500Australian Australian Steeplechase 1919 8750 8750TwentySecond TwentySecond Caulfield Futurity Stakes 1919 second nominations 15000 15000Twentythird Twentythird Caulfield Futurity Stakes 19110 15000 15000Williamstown Williamstown Williamstowii Cup 10000 10000South South Australia South Australia Jockey Club ClubMorphcttvillc Morphcttvillc Plate 1918 1500 1500South South Australian Stakes 1919 2000 2000South South Australian Derby 1919 2500 2500St St Leger Stokes 1920 1500 1500Western Western Australia AustraliaWestern Western Australian Derby 1918 4250 4250KarraUatta KarraUatta Plate 1918 3250 3250Sires Sires Produce Stakes 1919 4000 4000Nominations Nominations sires for Sires Produce Stakes 1920 3500