His face was grave, and his manner was cold in the extreme.

“I have seen nothing of my horse,” said he.

“I suppose that you would know him when you saw him?” asked Holmes.

The Colonel was very angry. “I have been on the turf for twenty years, and never was asked such a question as that before,” said he. “A child would know Silver Blaze, with his white forehead and his mottled off-foreleg.”

“How is the betting?”

“Well, that is the curious part of it. You could have got fifteen to one yesterday, but the price has become shorter and shorter, until you can hardly get three to one now.”

“Hum!” said Holmes. “Somebody knows something, that is clear.”

As the drag drew up in the enclosure near the grand stand I glanced at the card to see the entries.

Wessex Plate [it ran] 50 sovs. each h ft with 1000 sovs. added, for four and five year olds. Second, £300. Third, £200. New course (one mile and five furlongs).
1.Mr. Heath Newton's The Negro. Red cap. Cinnamon jacket.
2.Colonel Wardlaw's Pugilist. Pink cap. Blue and black jacket.
3.Lord Backwater's Desborough. Yellow cap and sleeves.
4.Colonel Ross's Silver Blaze. Black cap. Red jacket.
5.Duke of Balmoral's Iris. Yellow and black stripes.
6.Lord Singleford's Rasper. Purple cap. Black sleeves.

“We scratched our other one, and put all hopes on your word,” said the Colonel. “Why, what is that? Silver Blaze favorite?”

“Five to four against Silver Blaze!” roared the ring. “Five to four against Silver Blaze! Five to fifteen against Desborough! Five to four on the field!”

“There are the numbers up,” I cried. “They are all six there.”

“All six there? Then my horse is running,” cried the Colonel in great agitation. “But I don't see him. My colors have not passed.”

“Only five have passed. This must be he.”

As I spoke a powerful bay horse swept out from the weighting enclosure and cantered past us, bearing on its back the well-known black and red of the Colonel.

“That's not my horse,” cried the owner. “That beast has not a white hair upon its body. What is this that you have done, Mr. Holmes?”

“Well, well, let us see how he gets on,” said my friend, imperturbably.