The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1881-12-20

A. w. Nohe, Formerly of Sc
dalia, Runs q Bucket Shop
in Chicago.
He Gets Wealthy, Fails, Settles
At twenty-five Cents on the
Dollar and is Rich Again.
SLIGHT HISTORY.


ground and broken of, named Nohe, who
figured in Sedalia several years ago.
He was telegraph operator, and was i'm
ported here from somewhere by the NJ, 4
ct. He had q wife and child, and they
S&dalia before that row had An existence
slow for A. w. Nohe. He had not long
he established
TELEGRAPH SCHOOL
here, and by his liberal use Of printers ink
he inveighsd q many poor Young man 10
come TO Sedalia, who put np his last dol
lar in-Nohe's hands, of course-for Q
thorough knowledge of biography.
There was a season Of prosperity TO the
school and to Eohe, but finally il all al
tened on, and NOhe's enterprise vanished
IN thein air, and then the places which
knew him once knew him no more forever
10 Sedalis, except in history and the mum
Der OF unpaid promises 10 pay which he
LEFT behind, but to his credit Lee il said he
has siace liquidated some of them
Nohe, his quick walk. his business air,
his siick talk and short form were lost
sight vi, and he went hence-
TO CHICAGO.
In the great busting city of the lakes
kohe readily found situation as a tele-
graph operator, and n il he worked long
esoush TO get ON his feet and became ac-
qp2inted with the business and The wave of
the overgrown village.
The hero of this article soon had a lew
dollars ahead-it did not take much-and
he resolved TO embark in business Tor him
self He established
BUCKET SHOP"
Nov, this is an establishment unknown
in Sedalia 1t is sort of merchants
exchange on a small scale where YOU can
ius May corn" January wheat and
deal in futures-buy and sell options, and,
IN fact, do ANYTHING and everything that
there is big doub, about and very little
that is certain. Well this is the sort OF a
place Nohe opened out on Madison street,
Chicago, and called il the
GARDEN CITY STOCK, GRAIN AND PRODUCE
EXCHANGE.
lie had tine room, deliberately furnished
with desks, carpets, cushioned chairs, beau
tifuI chandeliers, etc, etc. Ii is said that
tie paid $4,000 per annum for the rent of
hrs place OF business. He had tele-
graph office AL his desk and one upstairs,
and all he had ~ do when his copper"
had large deal OF NAV corn" or 'De-
cember lard" on hand was la have the
market 60 up when some OF his customers
would buy, and then the next hour would
hrlng startling news from Europe oI the
fail of bread stufis The wires then would
Indicate the fall thereof, and 30 il went "n
sud Nohe became wealthy.
FEMALE Bucket -Hop.
Nov ihis would sound very strange in
Sedalia but in Chicago Nohe established
cue Of these Garden CITY stork. grain and
produce exchanges" of the female persuaS-
ion, where ladie> met and snapped iu-
lures" while their babies were al home he
ins nursed ON bottles.
Good enough. and il was q success.
ladies' met there bv the hundreds, and the
telegraph wires were there and Noile's iu-
tmres rose and fell AT will.
>EDALIA LADY,
" ho formerly resided on Fifth street. was
one OF the largest dealers al the Garden
City Stock, Grain aud Produce Exchange"
She invested largely in futures,
ebO H. j. tuifeHti. itpoFtSn snt
&C ..de handsome residence property
on a fashionable street by her speculations
and is there living to-day on the money
ula'e by her nerve and judgment.
NoHE FAILS FOR LARGE SIN.
Nohe was making money bv the barrel /
Tire more be got the more he wanted and
&C was bold i'm his transactions He mani f.
aulated matters IN such way one dav
that ne made nice speculation from sew |
eral lsrxeiites who were of his customers !
This greatly incensed this class of people /
and matters were getting decidedly warm
for the proprietor OF the "Excbange"
One morning in the summer of 1880, he /
rooms Of the Exchange" were closed and |
no one left to tell how the futures had 1
gone. The simple sign of gone 10 the |
country" on a card hung behind the plate /,
glass, was all that was left to tell the tale !
AT COMFY ISLAND
Nohe with his family went east TO Sara
toga, White Mountains, Coney Island and
Long Branch, to spend the heated term.
He was there two months and lived on the .
best that money could buy, his creditors /
in the meantime not knowing his where
atOuts
As the autumn air Was shifted nv Nohe,
be yearned for Chicago again. He could
rot return as matters stood. To the end
that be must return, he put the following
10 Chicago paper:
NOTICE TO Ny CREDIross.
Notice 10 hereby given 10 all OF NY creditors 10
meet me- nt my office in this city, Sept, Hath. at 10
; seck .. n. At which time will adjust my il
iebt.dness aud again open the Garden City stock,
rain and produce exchange for business. A full
atiepdance is requested A. W.NoHE.
Al that date Eshe was on hand He
net his creditors and settled at twenty-five
'enls ON the dollar, with the understanding
hat they were to take his note and give
him an opportunity to make the monev to
neet these notes. The creditors all accepted
his but one. This gentleman was one