The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1884-07-24

. 49, st
\ gentleman vino moved rom one 90 m
New England states tu ms cllN,ElN'- th'
origin OF tn" term "nu"Kcl shop a. in't'WH.
4 i've Yankee of New jersey, dc>irpuN Of
,,rn,ng n c%npcr shpp. nude up stock of the
enterprise and Induced his nclshoorN 10 pur-
chase shares. His tubs and buckets met
ready sale and few dividends o, McrS
buckets ana kit and emigrated.
Afterwards, when persons In that town m
vested in exchange value, they Wore re-
ported as huckct-Sho spccUlaturS. The lore
going is the story ~ told ut the Dalln, Mcr.
chants ENchangc. The Glohe-Dcmocrat
gives another origin Of the term ~ follows;
* late years the demand Of private iami lies
for beer Ia this and every other cry mas hhd
rapid and stead" GROWTH, New lpfk was
among the first of American cities to adopt
,u. ,rv.guUu Iuv.. ui beer on 'Nc uliilirf an"
supper tables, and the result was the opcn-
ing of numerous bucket shops throughout
h,ie city. The term "bUcke;-shop' has since
assumed n different meaning, ana II VIII he
necessary to explain the reason why. The
original "bucl;et-Shops" were small
bar-rooms partitioncd of from the rear
end of family grocery stores,
The owners, except on very rare occasions,
and TO accommodate some regular customer
Of the grocery store, never allowed anything
to be drank ON tine premises. ih'N sold beer
ny the pint, quart or gallon, ana wines ana
liquors in the same way. Lady patrons cpu!d
walk into them with perfect safety, hand
their pitchers, Jugs. cans or buckets 70 the
Il.
walk out, and as to whether the vessels which
they carried contained milk, vinegar mo-
lass es, beer or gin, nobody need ever be the
wiser The business began to injurc the
Legitimate" saloon trade before long, and the
legitimate and gentlemnnly bar keeper, with
Hie white apron and cluster diamond pin,
after II time, spoke of the family grocery
stores rs bucllct-shops. Numerous efforts
were made by the Influential liquor dealers
to break the business up. ana even the AID of
the law was invoked, but as the grocery men
u my N
took out their Licenses in proper form, they
continued TO live and flourish. on Wall
street was the regular Gold Exchange,
Il membership in which cost small
nIss Of In tho this gold 0" doInI x .as
regulated from minute to minute,as the price
q stocks and grain are regulated now In tho
View York Stock Exchange and in the Chi
caco Board OF Trade. "Public gold eX-
changes" were established by shrewd and en-
tnprising capitalists for the benefit of small
changes are established now throughout the
ssaintry. These small gold exchanges bought
mt sold sterling on the quotations OF tho
regular exchange, and robbed the legitimate
operators of u large amount OF business, Just
as the grocery stores robbed the legitimate
saloOn- keepers. History does not record the
name of the operator who first applied tho
trm "bucket-shops" I o the public gold eX-
changes, but II fitted so well that IL stuck,
and for twenty years public exchanges OF all
kinds have been known by that name-h
name that will cling to them. perhaps, M
long AZ such places exist The name was so
universally applied to the small exchanges
that 1t soon lost its original meaning, and the
dealer In dried apples, canned fruits, sugar,
sfit and vinegar were no longer known US
bucket-shop keepers, but once more We're
spoken of by the more respectable name OF
0rOCfTymen,