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. , 4 Tulyar in Gallant Epsom Derby Win Aga Khans Post Time Choice Beats Gay Time, Faubourg II. With C. Smirke in Saddle EPSOM DOWNS, Surrey County, England, May 28 Reuters . The Aga Khans Tulyar, installed a 11 to 2 favorite just before post time, won the one hundred seventy-third running of the Derby, Britains premier turf classic, here today. Ridden by Charlie Smirke, the victor took the lead in the straightaway of the testing 12-furlong course and hung on gallantly to give his owner, the wealthy Indian prince, The Aga Khan, his fifth Derby winner. Tulyar, a brown colt by Tehran out of Neocracy, won by three-quarters of a length from Mrs. James V. Ranks 25 to 1 shot, Gay Time, and earned first prize money of 7,645 of the gross total of 7,-816, the richest running in the history of the stake. Thus the numerically strongest French challenge in the history of the race had been repelled for Francois DuPres Faubourg II., who proved the best of the eight French runnels, finished another length away in third place among the field of 33 runners. Silnet Finishes Sixth Of the other French starters, Silnet, second favorite at 7 to 1, did best, finishing sixth after having drawn the unfavorable outside post position at the start. The race was run in sunny weather, but a stiff breeze appeared to bother some of the colts. The brilliant green turf was hard from lack of rain and Tulyar was timed in 2:36. Tulyars triumph drew cheers from the majority of the crowd of about 500,000, for it was one of the most popular Derby victories in recentye ars. About 300,000 fans were packed almost shoulder to shoulder on the hill in front of the grandstand and the site resembled a giant ant hill minutes before the gruelling, mile-and-a-half race as thousands scrambled to make last-minute wagers on the Aga Khans brown colt. The, odds on the thoroughbred tumbled from 12 to 1 to 11 to 2 and the cheers of his supporters echoed across the ancient old horse-shoe shaped track as Smirke whipped over the final 200 uphill yards to victory. There was some anxious moments just after the finish, when Lester Piggott, 17 year-old rider of Gay Time, just managed to weigh in with a half-minute to spare. His mount fell when being pulled up. Gay Time galloped away with Piggott in pursuit, but the lad failed to catch him and had to return to the unsaddling enclosure alone. A spectator caught the horse, rode him back and enabled Piggott to weigh, in just in time. Takes Lead on Straightaway Tulyar, who was the medium of a terrific last minute gamble, was reported earlier in the week to be a doubtful starter because of the hard going. Jockey Smirke always had the favorite in a handy position just behind, the leaders after leaving the barrier from a post in the center of the field. He began his run as soon as the final straightaway was reached, took the lead two and one-half furlongs from home and held on grimly to win a great race. Gay Time, by the American sire, Rockef ella out of Daring Miss, who it afterwards was learned, had spread a plate before the start, and Faubourg H. made storming attempts to catch Tulyar, but the latter responded gallantly to Smirkes every call and gave his rider his third success in the Derby. Once again the greatest of Britains turf prizes eluded champion jockey Gorden Richards, who was making his twenty-seventh attempt to win the event. His mount, Monarch More, was well placed and led rounding Tattenham Comer, but shortly afterwards he wilted. Rae Johnstone, rider of Marcel Boussacs Marsyad pulled up his mount after seven furlongs. The horse broke a fetlock and had to be destroyed. Of the American-owned runners, Ralph B. Strassburgers Worden II. did best, finishing tenth. Robert S. Clarks Fiery Torch finished last - after losing considerable ground at the start. AGA KHAN The Indian potentates colors were carried to their fifth Epsom Derby success yesterday when thefayored Tulyar was victorious.