The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1901-12-01
100000 CHANGED HANDS.
Fortunes Made and Lost on Result Of
New York Election.
- York Worldl


Probably no municipal election was
made the medium of such heavy specuIa-
Uon as that which closed with the sue
cess Of the fusion ticket in New York.
1t IS conserVatively estimated By good
judges that 100000 was Wagered on the
battle Tor the mayOralty of New York.
Ncr was this speculation confined to pro-
Iessi0nal betting men, Is many of the
Dig Wagers ChrOniCled from day TO dav
III the Herald were credited to citizens
with few OF no sporting tendencies.
AS far as can be learned authoritative
the heaviest individual winner on Mr.
Lows election is John W Gates, whose
profits are put down as 100000, white the
man who suffered the worst financially
from backing Mr.. Shepard is David John
son. Though the latter undoubtedly
placed a lot or syndicate money. it is
known that he had more than $4,000 of
his own staked on the result.
4 big winner on the race track. and re-
Gently successful in Wall street this
young plunger of the betting ring put
his election Wagers down in blocks of
S1o0o0 and s2o.o66. Johnson's uDs and
downs in the world of speculation during
the last fifteen years have been many,
and AZ he would say last night in talk
ing over the election was; I have made
another mistake:
Among the professional betting men
|no have profited largely over the fu-
sion success is George WheeIock. a book
maker. whose winnings viii probably foot
up S7C,000.
Wheelock acted as agent for many big
betting firms in and out Of the city, and
some Of the largest wagers recorded on
the mdyOTalty contest were credited to
MN. he also bet heavily on his own
account, most OF his money being wagered
on odds of 4 u 4 and even
One of the heaviest individual winners
on the success of Mr. Low is GOttfried
Walbaum, bookmaker and sporting man.
Just as soon as the nominations were
made Mr.. Walbaum began to support
Low, anc always getting a shade the bet
ter Of the odds, ne placed something like
$1,000 at 9 to TO-
When Tammany bsckers became san
guine and increased the odds q trifle Mr.
Nalbaum took a wager Of $4,000 to $500,
and asked for more. So confident was he
of fusion victory that he prevailed upon
many of the regular patrons of his book
at the race crack to so with him, and
not q few. remembering his big winning
over Roosevelt for governor. took the tip.
Just how much Mr.. Walbaum has won
on Mr.. Low 8 success he would not saw
but when ] asked him if it was as much
as ne won on Roosevelt he said. More -
As his winnings on the election of 1898
footed up 10000. he must be put down
as one of those who prOfited most by
the success Of Mr.. Low.
Another big individual winner IS Lieu
tenant Governor Woodruff. who, it is
said by his friends, was behind many Of
the large commissions placed by profess
6iDLui nrtNtl6 tli tue lN0f1n GdHGiQdIe.
Ahchael j. Dady IS good winner on Mr..
Low victory. Always big bettOr on
elections, Mr.. Dady was especially earnest
in his support Of Seth Low
Though James r. Keene was a strong
supporter Of Mr.. Low, he did not place
a wager on the election. but his sOn-in-
law, Talbot Taylor, is known to have
wOn $4,000
Big winners among the Wall street and
Sporting fraternity are plentiful.
fFa1rav-r' Fields admitted faC4 uiu1f "a
he was $4,000 richer by Mr.. Lows vic
tory. 'PittsbUrg Phil was a constant
supporter Of Mr.. Low at the tracks and
viii take So, G0 from the boOkmakers who
pinned their faith TO Tammany and Mr..
Shepard
While the winners were not hiding last
night. it was difficult TO find the bic
losers. Richard Croker. Senator Timothy
D. Sullivan ana Senator Patrick H. Nc
Carren are known to have been heavy
hackers of Mr.. Shepard.
Frank Farrell = another Of the Tam
many supporters who will have to go
down deep I'm his pockets 10 settle cleo
tion bets. one of these is S10A00 at evens
with GOttfried Walbaum.
''Jakey" Josephs, Joe" Vendig and
johnny Carroll in addition TO the rank
and Ne OF Tammany, are heavy losers on
the fusion landslide.
Robert Furey, who for years has been
known as one of the heaviest and nervi-
est bettOrs in Kings county, is $1,000 out
of pocket by Mr.. Shepard's defeat. Re
turning from the Auueduct race track be
fore the election. Mr. FuTey said;
ITS a hard game at the track-spotting
horses-nOt near as easy as picking
By this time Mr.. Furey has probably
changed his opinion. for he has the rep
utation Of being a shrewd judge Of horse