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t OWNER BACKS PHAR LAP AGUA CALIENTE, Mexico, March 16. D. J. Davis, owner of Phar Lap, expressed his confidence in the animal in a financial way when at noon today he wagered ,000 straight and ,000 place on the animal. The tickets read ,000 to ,000 and ,000 to ,000. It is probable that the wager will make Phar Lap favorite in the future book before the afternoon is far advanced. The large bet made by Davis on Phar: Lap caused Zeke Caress to make several changes in the future book. Phar Lap is now favorite at 2 to 1, while Spanish Play and Cabezo, which were split favorites this morning, have advanced from 2 to 1, to 3 to 1, and Bahamas, from 4 to 1, to 5 to 1,
