Long Beach, CA Gambling Ship Monfalcone Catches Fire & Sinks, Aug 1930

Gamblers on Floating Hall Of Chance Escape as Craft Blazes, but $50,000 Sinks.

LONG BEACH, Cal., Aug. 31 (UP)--Deep sea divers Sunday worked for hours under the sea in a vain effort to locate a vault containing $50,000 in silver, currency and checks lost late Saturday night when the gambling ship Monfalcone sank after a spectacular fire.

The notorious craft was set afire by a leaking gasoline line and a spark from a motor. It burned to the water-line after 300 fashionably dressed visitors were rescued by water taxies and other small boats which put out from Seal Beach, six miles from where the Monfalcone lay at anchor.

Thomas Jacobs, proprietor of the boat, said he estimated his loss at $110,000 in gambling and kitchen equipment and machinery.

Jacobs paid a tribute to musicians who played lively music until all the passengers had been removed. Three employes[sic] of the boat suffered minor burns attempting to extinguish the flames.

Dallas Morning News, Dallas, TX 1 Sept 1930