The Archive · 1938

Flood of Money Goes

On Garcia

Last-Minute Bets May Even Money on Armstrong Fight New York, Nov. 24.

A flood of money favouring Cefcrine Garcia, the bolo puncher from Manila, against Henry Armstrong, world welterweight and lightweight champion, tomorrow night caused the odds, which—were quoted 8-5 in favour of the negro, to falter to-day.

Last-minute bets on the Filipino give every possibility that the two fighters may enter the ring tomorrow night ct Madison Square Garden at even money.

More than 20,000 spectators, the largest indoor crowd in history to watch a welterweight championship, are expected to jam every available seat tomorrow. The gate receipts are expected to gross U.S.$130,000.

Speculators had a field day as boxing fans crowded their offices seeking tickets which were at a premium. The "'scalpers" were selling ringside, which originally cost U.S.$16.50, for U.S.$25.

Although many are backing Armstrong to score a victory over the husky Filipino because of his speed and his non-stop tactics, the experts believe that the Filipino's terrific punching power, especially his murderous "bolo" punch, will prove the undoing of the little negro.

Armstrong, they say, has been considerably softened by the beating that he took from Lou Ambers despite the fact that he was awarded the world lightweight title. The terrific pummelling which he received from Ambers in addition to the split lip, which required seventeen stitches, may make Armstrong wary of his foe, who also is an aggressive fighter and a much harder hitter than Ambers.

The men are to clash over fifteen rounds,—United Press,

Text read from the printed page and cleaned; old type leaves the occasional error.

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