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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jul 28, 1920
Page
17
The report lists assorted corporate bonds and notes including Beth Steel, BaysRap, Leni, M anbat Ry, and Wilson Co with various coupon rates and maturities. Market cues hint at yield movements and credit standings amid a busy curb market scene.
The Resolute defeats the Shamrock IV to retain the America's Cup for the New York Yacht Club. Nat Herreshoff designed the defender, Charlie Adams sailed, with Bob Emmons in charge. Captain Chris Christianson led the crew as the finish sparked jubilant cheers. The race, sailed in light winds, featured skillful tactics and close competition, with the Resolute finishing ahead by substantial margins on both actual sailing and corrected time.
The Resolute wins the seventh race beating Shamrock by 13 minutes 19 seconds over the windward and return 15 mile course. Shamrock struggles amid lighter breeze, late spinnaker hangs and final finish at 7 52 15 while Shamrock finishes 8 06 34. Lipton praises fair play as Resolute takes line honors.
Nature sets a rare scene as Resolute races past Sandy Hook in a sunset finish. The yacht crosses the golden line amid cheers for Sir Thomas Lipton aboard Victoria. Both yachts are secured for the night as the America's Cup series ends with the blue ribbon safe in the New York Yacht Club.
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