The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-07-23

q
4 gentleman who moved from one oi the
Mas Eaglund states To This eli 3. gives the
ogildu " the Germ "bucket shop aS follows:
4 lave Yankee Of New Jersey, dosirUrs o.
opening u cooper shop, made up stock of the
enterprise ana induced his neighbors to pur-
chase shares. His tubs and buckets met
ready sale and few dividends were
decorod, but before the shareholders
buckets and kit and emigrated
Afterwards, when persons in that town in
vested In exchange values they were re-
ported rs brcket-shop spectators. The fore
going IS the story as iold 40 the Dallas Mer-
chants Exchange, The Globe Democrat
gives another origin Of the term MS follows;
81 late years the demand Of private families
tsrbeor in this and every other city has had
''nii nud steady growth. New York WHs
among the first Of American cities to adopt
L..v -,,4llilii i,ea OF Oocrua the dllnrr anu
supper tables, and the result was the OPEN
iny NJ numerous "bucbct-shOps" throughout
the city. The term "buckct-shop' has since
assumed different meaning, and Il will be
nriginn "buGket-Snops' 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
oi the grocery store, never allowed anything
10 he drank on tho premises. They suid bees
by III" pint. qlurt or gallon, ana wines and
liquors In the same way. Lady patrons could
their pitchers, jugs. cans or buckets 10 the
clerk, tell him what they wanted, get H. ami
walk out, and as To whether the vessels which
they carried contained milk, vinegar, mo-
laSs1s, Dssr or Gin. nobody need ever be the
wiser. The business began 10 inlurc the
.loeftDlnte' saloon trade before long ard the
legitimate and gentlemanly bar-kcCpcr, with
hhe white apron and cluster diamond pin,
after time, spoke of the family grocery
stores MS bucket-shops Numerous efforts
were mndc by the influential liquor dealers
10 break the business up, and even the MD of
the law was invoked, but az the grocery mon
paid the government and local taxes, and
took out their licenses in proper form, they
continued to live and flourish. On Wall
street was the regular Gold Exchange,
4 muubcrsnip In which cost u small
fortune. In this building The
regulated from minute to minute,as the price
NJ stocks and grain are regulated now in the
New York Stock Exchange and In the Chi
eago Board OF Tn de. "Public gold OK
changes" were established by shrewd and en-
tnTprising capitalists for the benefit OF small
speculators, as public grain and stock OK
changes are established now throughout the
country. These small gold exchanges bought
ard sold sterling on the quotations OF tho
regular exchange, and robbed the legitimate
operators OF alerye amount Of business lust
~ tho grocery stores robbed the Legitimate
EKlo0n-keepefs. History does not record the
naino Of the operator who ilrst applied tho
term "buckei-shOps" the public gold OK
changes, but II fitted so wen that IL stuck
aud Tor twenty years public exchanges OF ali
kinds have been known by that namo-n
name that viii cling 10 them, perhaps, a.
long a. such places exist. The name was NO
universally applied to the small exchanges
that II soon lost is original meaning, and the
dealer in dried apples, canned fruits, sugar
salt and vinegar were no longer known n.
hucllet-shop keepers, but once more wcre
spoken Of by the more respectable name oil
rrOcorymcl.