Yes, it's a little thing called Gain Bandwidth Product:
http://en.wikipedia.org/wiki/Gain–bandwidth_productBW = A*GBW where _BW_ is the bandwidth, _A_ is the gain, and _GBW_ is the Gain Bandwidth Product.
In your example (which, strangely, is not showing above, yet is present in the email I received), when the input signal freq was 9.7KHz you measured a gain of ~50 for a GBW of 9.7K * 50 = 485KHz, which conforms with the low end of the spec for a 741. So, if the GBW of your 741 is 485KHz then at 1KHz, you can expect a maximum gain of 485KHz/1KHz = 485, thus your measurement of a gain of 100. I would chalk the variance from 101 to experimental error (i.e. resistor tolerances, measurement error, etc.)
The max frequency or bandwidth spec of an opamp is usually the _Unity Gain_, i.e. the gain at 0Hz or DC.