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“THANKS VERY MUCH.”

A PHLEGMATIC INVESTOR. not ruffled by success. (Australian and N.Z. Press Assn.) LONDON, June 2. Mr Bishop, winner of tiio Calculta Sweep, acted on Hie principle that a few thousand pounds in hand was better than a problematical one hundred and twenty thousand pounds. First lie sold a half-share for £7OOO, then iie parcelled out (lie other threeciglitlis, retaining only one-eighth which was world £15,000. Ho estimated a clear win of £25,000.

It is interesting to note lliat the purchaser of a half share receives £OO,000.

Nr Bishop sat in his office at work throughout the race, and when a friend rang up on Hie telephone lie said quietly: “Thanks, very much.” Discussing the sale of shares, Mr Bishop said: “If I had had a little more courage 1 should have won a great deal more.” lie announced his intention lo continue working, allhough his employers stated lie had been granted indefinite leave and hud rather spoiled his chance of a rise next year.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19260604.2.56

Bibliographic details

Waikato Times, Volume 100, Issue 16814, 4 June 1926, Page 7

Word Count
167

“THANKS VERY MUCH.” Waikato Times, Volume 100, Issue 16814, 4 June 1926, Page 7

“THANKS VERY MUCH.” Waikato Times, Volume 100, Issue 16814, 4 June 1926, Page 7