"Confound the greedy hypocrite!" said Bob; "does he think we shall let
him Burke the line for nothing? No--no! I let him go to the brokers
and buy his shares back, if he thinks they are likely to rise. I'll be
bound he has made a cool five hundred out of them already."
On the day which succeeded the allocation, the following entry
appeared in the Glasgow share-lists. "Direct Glenmutchkin Railway 15s.
15s. 6d. 15s. 6d. 16s. 15s. 6d. 16s. 16s. 6d. 16s. 6d. 16s. 17s. 18s.
18s. 19s. 6d. 21s. 21s. 22s. 6d. 24s. 25s. 6d. 27s. 29s. 29s. 6d. 30s.
31s. pm."
"They might go higher, and they ought to go higher," said Bob
musingly; "but there's not much more stock to come and go upon, and
these two share-sharks, Jobson and Grabbie, I know, will be in the
market to-morrow. We must not let them have the whip-hand of us. I
think upon the whole, Dunshunner, though it's letting them go dog
cheap, that we ought to sell half our shares at the present premium,
whilst there is a certainty of getting it."
"Why not sell the whole? I'm sure I have no objections to part with
every stiver of the scrip on such terms."
"Perhaps," said Bob, "upon general principles you may be right; but
then remember that we have a vested interest in the line."
"Vested interest be hanged!"
"That's very well--at the same time it is no use to kill your salmon
in a hurry. The bulls have done their work pretty well for us, and we
ought to keep something on hand for the bears; they are snuffing at it
already. I could almost swear that some of those fellows who have sold
to-day are working for a time-bargain."
We accordingly got rid of a couple of thousand shares, the proceeds of
which not only enabled us to discharge the deposit loan, but left us a
material surplus. Under these circumstances, a two-handed banquet was
proposed and unanimously carried, the commencement of which I
distinctly remember, but am rather dubious as to the end. So many
stories have lately been circulated to the prejudice of railway
directors, that I think it my duty to state that this entertainment
was scrupulously defrayed by ourselves, and _not_ carried to account,
either of the preliminary survey, or the expenses of the provisional
committee.
Public-domain text, read in full here on John Shaqi.
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