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EMIL HERZ A NATURAL PLUNGER. He Sold Montgomery. Because He Was "Broke" Some Great Gambles. Sure enough the sale of Montgomery came out of the circumstance of Emil Herz being " broke " again. He is a good loser if that is a virtue and doesnt complain, but had to sell to settle and the .3,000 he got for Montgomery just relieved present pressure. Herz Is now planning a winter campaign against tho horses or any game that turns up on the Pacific Coast. Emil Herz Is probably the biggest bettor the eastern turf has seen this season, and this in spite of the 00,000 wagers credited to John W, Gates and other plungers from time to time. He has lost since the opening of the Gravesend spring meeting in cold cash ?123,000. And that is real money, not stage bills or commission talk. When it is considered that he must have won great sums in that time on various big wagers and Js still out the sum named, the size of his operations may be imagined. Herz easily escapes being spectacular in spite of the big wagers he makes, because of his quiet, reserved manner and because he does most of his business himself, making no fuss about it. When be paid 23,000 for Montgomery he was ready to bet he had the best three-year-old in the country. Montgomery has failed of late and probably cost him a great deal of money, but Herz has a fondness for the colt and it would not be surprising to see the son of Pessara running in his colors again before a great while. The Herz and Hildreth families are close friends. Herz penchant for play is a passion with him, and on both sides of the water he has stood to win enormous sums of money on races. When the Liverpool Grand National was run, Herz stood to win no less than 230,000 on Phil May, ridden by Jimmy Owens, the American steeplechase rider. He had backed Phil May for this tremendous sum in the future books, in Holland, and Phil May was winning right up to the last jump, when he tired on the flat and was beaten out. When Cicero won the Derby Herz won many thousands in the miit-uels. At Monte Carlo Herz was a big player always, even for that place of no limit speculation. With all his heavy play in New York this season there is no indication that he was regarded as an obnoxious plunger for the reasons already given that there was no fuss and feathers about his operations. Herz could never be a piker, and naturally he is the kind of man who will win enormous sums at times and at other times go broke. But that kind of man doesnt stay broke.