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SMART BACKING FOR SIR MARTIN. New York. May 11.— Sporting clrclei were interested last night in the announcement from London that bet of 0,000 to .onO bad been hud against i In- American colt. Sir Martin, in the English Derby. II is oae of the largest bit- made in the winter Ixioks for many years. The hacker of the horse is said to he an American. King Edwards colt. Minoru. winner of the Tare Thousand Guinea*, is the Derby favorite, arouu ! :; to 1.