Stone Street, 117, Pickens 1 Sir Cleges, 117, Koerner 2 Dunvegan, 114, Warren 3 Synchronized, F. Burton; Banridge, V. Powers; Milford, Minder; Bill Herron, J. Lee, and Frank Bird, J. Williams also ran. Good start. Won easily by three lengths, heads each next four. Mutuels $123.60 for $5. Owned by C. E. Hamilton, trained by J. Hall. Stone Street, b c, 3, by Longstreet--Stone Nellie. DESCRIPTION OF RACE Stone Street, a despised outsider, carrying the blue jacket and white sash of C. E. Hamilton, the popular Latonia turfman, and ridden by Jockey Pickens, walked away with the thirty-fourth Kentucky Derby at Churchill Downs on Tuesday, with the pride of Louisville, Sir Cleges, the public's choice, in the place. The $5 mutuels paid $123.60. Three lengths in front of the favorite, Stone Street crossed the wire a pretty tired horse, but the others were more so. Sir Cleges got the place by a neck and Dunvegan got third place by an eyelash from Synchronized, which was added at the last moment. It was a clear-cut victory and an instance where condition won over class. It was also an instance where a colt that was at home in the going beat a better horse, which besides being a bit short, the condition of the track precluding the chance to give him a final good work, did not fancy the stick track, and labored all the way. Stone Street by heritage comes of stout stock, his sire being Longstreet, son of Longfellow, a family noted for endurance rather than speed. After the bugle called the horses to the post there was not much time wasted on instructing jockeys. Paddock Judge John Walsh called out: "Lead out, Powers," and the eight Derby horses were on their way to parade past the judges' stand and clubhouse and then to the post. There was no time lost at the barrier, where Judge Will Shelley presided in the absence of Jake Holtman. The crowd rose as the horses swept past the stand, and when the field reached the line the first time Banridge forged to the front, after crowding Sir Cleges out. Stone Street was second. Dunvegan third and the favorite fourth, with Frank Bird last of all. Around the lower turn they went in the same order. When straightened out on the back stretch, Banridge opened a streak of daylight on Stone Street, while Sir Cleges passed Dunvegan. The rest of the field was not out of the running and it was also noticeable that while Sir Cleges gained ground that it was with an effort, as the colt was laboring and climbing. At the far turn, Banridge's lead was cut down and Stone Street and Sir Cleges, the latter under urging moved up on the leader. Round the stretch turn came Banridge and at his heels were his relentless pursuers. Stone Street nailed him when straight for the wire and the shout went up, "Sir Cleges is beaten."