Sailboat With Two or More Masts
Puzzle 8 of Sherlock Holmes Hard Pack
Question is: Sailboat With Two or More Masts
and the answer is: SCHOONER
Word Meaning:
SCHOONER — (nautical) A sailing ship with two or more masts, all with fore-and-aft sails; if two masted, having a foremast and a mainmast.
Definitions from Wiktionary.