New-York tribune., 1901-11-07
PAYING ELECTION BETS.
TAMMANY MEN LOST 100000 AND a
LIKE AMOUNT CHANGED HANDS
IN WALL STREET

Aside from the loss of Offices of the oppor-
tunity for grating and OF other perquisites
connected with control Of the municipal govern
ment the Tammany men yesterday were be-
Wailing the loss of large sums of money wa
gered on the election. Richard Croker. Senator
Timothy D. Sullivan, Frank Farrell and John
F. Carroll said to have lost more than
100000 each, while the total loss to Tarnmany
bettors is figured at 81. 100000 The Tammany
men could Ill afford to lose this money lust as
they are being put out of lucrative jobs and de-
prived of the opportunity for grating" Tam
many. however. felt so confident that the city
would go Democratic that money was put up by
even the most timd. Yesterday settling
day, and Tammany was paying it's money with
bad grace
The bulk OF the Tammany money is believed to
have from a betting syndicate consist
ing of Frank Farrell Senator Sullivan, the
Considine brothers and several others. Their
losses in the financial district alone were esti-
mated at 100000.
The placing of bets in Wall Street gave way
yesterday to the paying Of bets 1t is next 10
impossible to obtain a thoroughly trustworthy
estimate of the aggregate sum wagered in the
financial district on the result of the mayoralty
Contest-the betting on the District Attorney
ship and other offices was inconsiderabIe-b
it is believed that the grand total was between
S1500O0 and 81 900 00O The largest amounts
were placed by F. H. Brooks, who bet in all
$4,000 Low and $50. 900 on Shepard. C. VI.
A1inzesheimer bet S4S, 900 on Low and $4,000
on Shepard Kerr & Co. placed for various
clients So, 900 On Shepard. Allen, Wood & Nc
Graw placed $4,000 on Shepard and about
S3S00O Low. r W. Clifford put up $1,000
on Shepard and $4,000 Low. George A
MulIarky's bets, which were mainly Shepard,
aggregated $4,000. J. ], Judge bet $4,000
each way John w Gates, of Chicago bet
$50 900 on Low at about 10 to s. and also took
a one-ffth interest in a pool which wagered
so, 600 on Low. 1t is reported that Jacob Field
won $50 900 on Lows election and ". B. oliver
$40 600 Among the heaviest losers were ]. L.
Mccormack, Allen Wood & McGraw. Kerr &
Co. and Roberts, Blair & Co. most of whom
acted for clients.
In the great majority of cases Low bettors
gave odds OF 10 TO to 10 to I. and in a few
instances bets of to l on the mayoraIty were
reported. The betting fast and furious
the last two days of last week. as well as on
Monday.
Some wagers were placed on the District At
torneyship at odds OF to l in Cngers favor,
and a few bets were made Van Wycks
defeat.
Stories of heavy losses on the election by
bettors who took the Tammany end of the
wagers were common yesterday at the Aque-
duct racetrack. It was said, also. that several
bOOk-nakers who do business at the metropoll-
tan tracks had won large amounts by the sue
cess Of the fusion ticket
The heaviest loser at the racetrack was Joe
Vendig who lost, il is believed, not far from
500 900 a large part OF this was bet for other
persons most of il coming from members Of
the Democratic Club Tim" Sullivan was one
OF Vendig's most important clients, and il was
said at the raCetrack yesterday that Fendlg
had placed about $4,000 OF Sullivan's money.
George Rose made a book on the election, but
did not bet himself.
Still another heavy loser is Dave" Johnson,
well known at the metropolitan tracks as a
-pluuger" He IS believed to have bet at least
500 900 on the election of Shepard.
George Wheelock the principal represen-
tative OF the Low bettors at the racetrack- He
placed more than $4,000 OF their money for
them at odds averaging > 10 4 on Low, making
reu. Gottfried Walbaum also took the Low end
Of the betting. but entirely on his own account.
and profted about $4,000 a result.
Other bookmakers and professional bettOrs
got on the Tammany side at first, but when
they saw how il was going they "hedged" in
time TO save themselves
AT o'clock Tuesday evening at the Hoffman
House 3 to , might have been had Shepard.
but twenty minutes later nobody would bet l TO
10 the Tammany candidate George Whee
lock bet 81 500 to 500 at that hour. and when
a man went uptown and told AL Smith about
Il the latter said: "Iu bet you 500 to 500
he never bet it" Then he went the Hoffman
House. where he told that he had lost his
5000