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PHILLIPS WINS HORSE AND MONEY. Theodore Hemingway and Jake Phillips, two horsemen racing at the half-mile track in New Orleans, after arguing over the respective merits of Malediction and Baleshed, concluded to run the horses a mile for 00 a side. They talked it over some more and "pressed the bet," Phillips wagering his mare Leda against Hemingways gelding Banco that Baleshed would beat Malediction. The race was run last Saturday and Baleshed won by a half length.