THE SHOCK DEFEAT of odds on favourite, Headwater in the, Todman Stakes, has thrown the Slipper market into turmoil.

There was no apparent reason for the shock defeat of the favourite; he was a beaten horse well before the home turn.

Markets have been revised, Vancouver is now a pronounced favourite at $2.80, that is not likely to alter now, even if he drew a wide gate, he is without doubt the horse to beat, he goes into the race with a clean slate having won all of his three starts.

Headwater has fallen from grace as if a north wind was in front of him he has blown out to $8, no stable announcements have been made as yet.

THEY RACED AT CARRATHOOL last Saturday, the once a year fixture is always a popular venue, although the fields were a little lighter.

Most of the station owners in the district support the race club, a week before the annual meeting the jackeroos are kept busy cutting the bowers to protect racegoers from the soaring heat.

The Cup was won by Mineral Deposit, a six year old gelding by the Golden Slipper success Canny Lad; part owned by Ross Smyth- Kirk, former Chairman of the Australian Jockey Club.

LAST RACE NO RACE at Clare, South Australia, on Sunday, was declared a no event when the starting gate could not be removed from the track.

Officials acted quickly, and to their credit the horses were just coming out of the back straight.