Wager Fortune On Yacht Race Contest
A betting contest attracts wagers on a major yacht race. Spectators and organizers gauge odds while participants place large bets, seeking a high payoff as crews compete for the win.
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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Sep 04, 1901
Page
1
A betting contest attracts wagers on a major yacht race. Spectators and organizers gauge odds while participants place large bets, seeking a high payoff as crews compete for the win.
Pittsburg and London brokers finalize a $400,000 bet on the America's Cup race with $150,000 in British notes and $250,000 by certified check. Stakeholder anonymity is preserved as organizers anticipate a swift payout after the race.
New York reports K Montgomery Smart of the produce exchange received a dispatch from J H Kingsley, agent of a British syndicate, placing 150000 dollars on the Shamrock at Pittsburg. Kingsley also offered 150000 more at the same odds or half that amount. Smart then went to the Broadway broker to arrange 10000 against 8000 that the Shamrock will not lift the cup.
The Shamrock II, owned by Sir Thomas Lipton, completed a trial race with a crew on board and a new main sail bent from the Clyde. Despite light wind at times, the yacht moved right along, hitting speeds near nine knots and leaving a clean wake as she skims the Jersey coast. Lipton and party arrived at Sandy Hook to observe the testing.
Crew of the vessel quickly set and reset balloon sails and staysails during a brisk voyage. The yacht advanced about seven knots in smooth water with light breeze before maneuvers. by 5:30 PM she moored in Sandy Hook Bay.
The cup challenge committee decided not to send the Constitution and the Columbia to race due to wind uncertainty and a plan to overhaul the Constitution. A diver checked the hull for obstructions while Nat Herreshoff and a reworked mainsail adjusted the vessel.
A boiler blast at the Pacific Dredging company plant, 16 miles west of Salmon City Idaho, at 6 15 last evening killed Superintendent Dunlop and severely wounded Day Engineer Kirk. Doctors Lawson and Boyle rushed to the scene. no further details available.
J A Davis alias Smith, accused of passing worthless checks in Great Falls, was bound over to Flathead county district court in 1000 bail. He claimed ties to the Butte Jockey Club and allegedly swindled 65 dollars at Folden Rule store and 20 dollars at Cascade Laundry. He fled to Kalispell, then Spokane where he was captured and agreed to return to Montana.
Mrs Myra Priest a Deadwood waitress is jailed on an attempted murder charge. Allegedly she sent a candy box laced with strychnine to her adopted daughter s guardian Mrs Vener to speed inheritance. Vener consumed the candy and survived after medical care.
Study American Systems Kansas City Sept 3 Yieji Nakajima chief engineer of Tokio city and professor at Tokio imperial university tours the United States to study the sewage system. He is accompanied by three other Japanese R Naoki an
An engineer from Tokio and two Imperial University students study harbor improvements. Professor Nakajima will represent his university at Yale College’s 200th anniversary celebration this fall. The party will stay in Kansas City for a few days.
Omaha Sept. 3 The Union Pacific and Southern Pacific roads create the office of superintendent of mail contracts and appoint Herbert P. Thrall to the post while retaining his government position. The duties include designing building and fitting up mail cars and supervising mail weighing.
The monthly public debt statement shows total debt at Aug 31 1901 of 1 036 549 866 with a monthly decrease of 5 460 597. It breaks down interest bearing debt 982 640 090 debt on which interest ceased 1 395 620 and debt bearing no interest 382 287 411 total 1 366 321 121. Cash in treasury and certificates balance offset by redemption funds leave a 229 971 455 cash balance.
Five men held up a No. 1 Cot ton Belt passenger train near Eylau four miles south of Texarkana, dynamited the safe and looted a large shipment. The engine was hijacked and pursued by a sheriff's posse as passengers hid valuables and escaped unharmed.
M. Phillips received a solid silver cup standing 18 inches high as a prize for a future Great Falls race meeting. Gifted by Jr. Deutsch of the Crystal Palace San Francisco, the cup bears inscriptions Crystal Palace Cup and Great Falls Race Meeting 1901 with a blank space for the winning horse and owner. The event for which it will be awarded has not yet been decided but a gentlemen's riding race is a possibility.
San Francisco on September 3 ex judge Dudley Dubose was released from Alameda county jail after posting a 5000 bond for his appearance at the contempt charge rehearing. An eastern surety company supplied the security.
Commander G Schroeder U S N naval governor of Guam will depart for Washington tomorrow to testify in the Schley case. He has been summoned from Guam to provide testimony on the proceedings.
Pittsburgh reports show factory gains with 32 skilled workers joining Star plant and increased output at Painter and Lindsay mills. Amalgamated officials dispute gains, say Lindsay & McCutcheon already at capacity, and cite a Hawkeye visit as evidence. Mayor Black warns to maintain order as talks on police protection continue. Wellsville reports a non union assault, and Joliet tin plate workers consider breaking from Amalgamated to leverage a future wage scale.
Potsdam reports Prince Chun arrives as Emperor William plans a two day visit. Baron von Richthofen will attend the reception with Kien Chang as interpreter. Count von Buelow absent. Government seeks short stay and quick exit after audience. Press seethes over perceived snub and internal politics.
Berlin reports that China resolved the Chun affair through diplomacy, waiving forgiveness to avoid appearing to back assassination. Attention now shifts to Prince Chun's expected address to Emperor William as the mission narrows to a private reception rather than a grand imperial display.
Reports show Joliet men have had work only two months in the last year, highlighting persistent employment shortages and economic strain for local laborers.
In Northport Washington on September 3 forty five of sixty two Missouri men brought to fill striker positions at Le Roi smelter walked off amid claims conditions were misrepresented. A $10 purse funded by citizens and the union covered the rest to send workers to Marcus area railroad jobs. Sheriff Ledgerwood arrested Deputy US Marshal Guiton for pointing a gun, he posted bonds and was released. No action yet on yesterday shooting between Guiton and Deputy Sheriff Anderson. Tensions remain but not as high as last night.
In Pittsburg today the general strike of chainmakers went into effect but reports show most mills operating fully or partially. Braddock plant kept forge and machine shops active and about half of its 90 furnaces running while other districts indicated limited disruption and few plants crippled.
One hundred chainmakers at Standard Chain company factories in York go on strike for a common wage scale with eastern plants. Workers seek parity with western factories. company operates in York Harrisburg Carlisle Pittsburg Trenton N J Columbus Ohio and Marion Ind with all workers said to strike.
The Pacific Coast steamship company has filed in the United States circuit court to recover 25000 dollars, alleging damages from the strike of its firemen and sailors.
Basel notes that Prince Chun has accepted invitations from the United States and from Italy Belgium and Great Britain. He is expected to spend a fortnight in Germany then proceed to Italy Belgium and England before returning home via the United States and Japan.
A lawsuit filed against the Pacific Marine Firemen's union and the Sailors' Union of the Pacific marks the first employer action in a pending local labor war over signed union agreements. The case outcome is being closely watched by industry and labor observers.
The threatened strike of Big Four mines workers is postponed until the national board of the United Mine Workers of America rules. Miners return to work today under operator dictated contracts.
John Yearns of the valley west of Billings was admitted to St Vincent's hospital with internal injuries after being kicked by his horse. John Hunter, a county charge, died at the hospital from typhoid fever after walking about 40 miles to Musselshell then back to Billings seeking aid. the exertion proved fatal.
Leadville Miners union held a rock drilling contest with Hoopes and Lindville of Ouray driving the drill to beat the prior record by 131 32 inches. Chamberlain and Andregg previously held the mark.
Acting Secretary Hackett allows Lieutenant Wells flag secretary to Admiral Schley to inspect official Navy Department records related to the West Indian campaign and copy papers for use at the upcoming court of inquiry.
A heavy oil strike was reported at Granite Oklahoma with a flow at 200 feet. The strike occurred this afternoon after a quarter section well was drilled in Guthrie area oil fields.
Secretary of Agriculture Wilson has returned from a trip through the West and was at his desk today.
The Caracas newspaper asserts diplomacy has failed and calls for reprisals, urging swift and decisive action. It frames the current moment as one demanding hard measures from authorities and allied nations.
A semi official Caracas paper urges immediate reprisals, saying notes have passed and diplomacy exhausted its means. Secretary Hay telegraphs both governments expressing U S regret over possible break in friendly ties as tensions rise.
Washington reports Aug 24 telegraphs to Caracas and Bogota instructing ministers to inform Venezuela and Colombia that U S relations with both are friendly and goodwill offers to help resolve differences, while noting potential impact on transit and neutrality in the isthmus. Venezuelan acknowledgment said to be friendly. Bogota delay prevents response.
Twenty thousand black spotted trout were distributed to streams countywide under the United States Fish Commission. Special car No 2 from the Bozeman hatchery delivered fish for northern Montana streams. Dr C J B Stephens of the Great Falls Rod and Gun Club oversaw allocation. The club sought 300,000 fish but received only 10,000. 10,000 more went to the Belg Rod and Gun Club.
Funeral services for Brig. Gen. William Ludlow who died of consumption at Convent New Jersey were held at Trinity church New York today with Rev Edward H C Goodwin officiating. The body was taken to Fresh Pond IL to be cremated and the ashes to be interred at Oakdale IL.
Washington dispatch notes the currency trailer has declared dividends for creditors of insolvent national banks. Five percent to the First National Bank of San Bernardino California and seven percent to Mercants' National Bank Beattie are cited among the rates.
A Chinatown fire on Pell Street in New York killed three Chinese residents. The blaze damaged a building used as a restaurant and lodging house with estimated losses around $26,000.
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