Evening Republican, Volume 20, Number 282, Rensselaer, Jasper County, 24 November 1916 — New York Pys Election Bets; $3,000,000 Winnings. [ARTICLE]

New York Pys Election Bets; $3,000,000 Winnings.

New York, Nov. 23.—Wa1l street paid its election bets today on' the strength of Mr. Hughes’ telegram of congratulations. J. L. Stokes, curb market commissioner, who handled much of the Wilson money, estimated that the total amount involved in brokerage house and curb bets was $3,000,000. Private wagers were settled in all parts of town today in vast * amounts. At the Waldorf-Astoria close to $500,000 was handed over in cash. Tdoay’s settlements of wagers in New York may be estimated as follows: Wall street brokerage offices and curb market $3,000,000: Stakeholders in hottls and resorts $1,000,000; private wagers between friends $6,000,000; total election betting in New York $5,000,000; net winnings, after balancing accounts of side bets and hedging $3,000,000.