This was the slowest of all Derbies. HART WALLACE broke on top; HIGH TARIFF, second; BALGOWAN, third; KINGMAN, fourth. Within a quarter of a mile they all were traveling like a Calvary, side by side, nose to nose, each jockey waiting for the other to set the pace, and more doing it. Each rider had orders to stay back for about a mile and whenever one horse moved a little to the front, his rider restrained him, and the others restrained theirs, too. The mile was covered in 2:01, and the mile and a quarter in 2:23 3/4. At that point, Murphy started his move with KINGMAN, and Overton let BALGOWAN have his head, but KINGMAN won the race by a half length.