London, May 28.
Sir Thomas Lipton's challenger for the America's Cup, Shamrock V, waiving her handicap after achieving five victories, raced for the first time to-day from scratch in the Royal] Thames Yacht Club's regatta at Ryde, but was beaten by. the Lulworth, belonging to Mr. A. A. Paton, the well-known banker and company director.
The race was a very close one, the Lulworth beating Shamrock V. bj only 14 see. over a course of 34 miles, The Cambria was third and the King's yacht, Britannia, a long] way bel Pine weather favoured the race, though the wind was very light—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.