Are Phar Lap’s Backers Wise ?
Backers, who are reported to be supporting Phar Lap at this early stage of the Melbourne Cup operations, are acting against all reason, says a Sydney writer. The horse was easily beaten with 311> more than weght-for-age last November, and now he is expected to score with 151 b more than weight-for-age next November. Again, his record in handicap events is not at all an impressive one, and the race is still four months off, with all sorts of things likely to happen in the meantime to cause Phar Lap’s price to lengthen. No fixed rules can be applied to racing, but backers ore not acting wisely in rushing in to take a short price about Phar Lap.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19300710.2.152
Bibliographic details
Sun (Auckland), Volume IV, Issue 1020, 10 July 1930, Page 12
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123Are Phar Lap’s Backers Wise ? Sun (Auckland), Volume IV, Issue 1020, 10 July 1930, Page 12
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