Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-08
THE BUsKET SHOPS WI
They Retain Their ''Tickers" for the Time
Being Despite the Chicago Board of
Trade.

They Retain Their 'Tickers" for the Time
Being Despite the Chicago Board of
Trade.
Especial Telegram to the Globe.
CHICAGO, Jan. 7.-Several months ago
the Western Union Telegraph company
was restrained by an injunction from re-
moving the wires and tickers from the
bucket shops, and consequently the pro-
ceedings commenced about Jan. 1, did not
include that company. But on that day
the Western Union cut off the wires and
removed the tickers from these places.
Speedily the attorneys for the bucket shop
keepers informed the company that it had
committed contempt of the old injunction
which, never having been dissolved, was
still restraint upon their actions. On
Friday last Mr.. Leonard Sweet was in con-
sultation with Judge Tuley, and yesterday
it was expected that the company would
have to argue motion why it and its
officers should not show cause
why they should not be at
tached for contempt He had,
however. OILY 10 luIOIln COuIU GAdo IlO
matter had been amicably settled. Judge
Tuley said he was very glad to hear it.
The fact is, the Western Union Telegraph
company reconnected the wires and re-
placed the tickers. The dlsconnection did
not stop the operations of the bucket
shops. because they had prevented the
other companies from removing the means
of obtaining the necessary market reports.
The developments yesterday in the fight
between the bucket shops and the board of
trade and telegraph companies placed the
stock of the former very much in the as
cendancy. A consultation between the
legal representatives of the three parties
to the fight led to the decision that, pend
ing the trial of the case, matters should
be restored to the status preceding
the action of the Western Union
company on last Saturday. With this
understanding the tickers were replaced
in the despoiled bucket shops, land the wires
reconnected with the board of trade. This
of course, only applies to the shops which
had joined in the injunction against the
Western Union about one year ago. These
are the Metropolitan, Cosmopolitan, and
Public Stock and Grain exchanges.
General Superintendent Clowry, of the
Western Union, said that the fight rested
between the bucket shops and the board of
trade. The company's interest in the con-
test was limited to their retention of the
privilege of the floor on the board. Mr..
W. A. McHenry, chairman of the bucket
shop committee of the board of trade, said
that he understood that the instruments
and wires were taken out of the bucket
shops under misrepresentation. At the
time the tickers were removed
he was ignorant of the exist
ence of the old injunction. He
said the only thing the board of
trade assumed to say was that they should
control the privileges of their floor, and
that any one admitted to the floor through
the courtesy of the board should con-
form 10 the regulations of the board. They
have denied the telegraph companies the
privilege of supplying the bucket-shops
throughout the country with the market
quotations as regulated by the board, and
they purposed enforcing their regulations.
Until final disposition of the case by the
courts, the privileged bucket shops will
probably continue their even course as of
Voro