The Londonderry sifter. (South Londonderry, Vt.) 1883-19??, 1886-01-21
GAMBLING IN STOCKS.
Operations Of Ruck Nt'shop, and How h
Dear Public Il Fleeced on Stocks,

Dear Public Il Fleeced on Stocks.
The ideal business OF the Now York
Stock Exchange is unquestionably as
legitimate rs that OF the Produce EX-
change, or Of any intermediary be-
tween the seller and the buyer That
there are grave evils incident to its
operation is equally unqucstionable.
The war for the preservation of tho
national Union largely converted the
American people into a nation of spec
ulators. The rage for sudden wealth
was further intensified by the discov-
cries of mineral oil and the precious
metals. These created innumerablc
companies for the exploitation Of mines,
the construction of railroads, and other
objects. Sudden and violent iluctua-
tons in the price OF stocks, and the
daily report thereof in the newspapers,
aggravate the speculative spirit. Con-
siderations of morality and prudence
arc set at naught by those who will be
rich, and who dream of opulcnce by
other methods than the slow and steady
measures OF their fathers. Profession
al men, merchants, manufacturers,
tNl NiaONs, NlN
spinstcrs, blinded by the glare of sue
cess, and hoping to strengthen their
slender income, have adyentured thor
savings upon the treachorous sea of
Wall street, and lost them all. 70
them tho exchange building is whited
| sepuchre in which fortunes lie en-
;ombed,a sea in which yoracious sharks
rend or swallow the little fish who dare
to enter its troubled waters, 4 gamb-
ling saloon where deceit and despera-
ton wait upon the players. 1t may
have been such to them, simply be-
cause they made it such, not because
they awaited themselves of its real
| functions.
An immense amount Of gambling Il
done in pirat!cal relation to it, and in
spite Of the strenuous eXertions OF the
| Stockholders to prevent it. The
"bucket shops" situated in the large
towns and cities of the country are the
instruments by which it is carried on.
Tho proprietors of these nolariouS es-
adjustments surreptitiously obtain
quotations from tho Stock Exchange.
Tickets are refused to them by the
Western Union unless four members
OF the board youch Tor the worthneSs
of each applicant. The quotations dc.
sired are furnished by persons who
have bound themselves 10 that tele-
graph company not to do so, and who
have obtained injunctions from the
courts restraining the corporation from
removing '"elr ihS'' niiien'S: ro'llict
lnsoiVohV lhc'l pcts Vi Tue o.ocA IN
chanSo' no" SHOWN rs exempt tnv I'm
oeis' are %liono tnc "sG,' Vi 'iiG
hno"lGuso linus a''i DI pI VI VI
an 's Stlc'"ico 'liG Hh'c',7o bo"14 VI
lraoe mas co!npci'ou 'no W cS.ctn o .,s'
"a W precedent tHut the New York Sock
Exchange will probably follow unless
this grievance be redros5ed.
In these bucket shops Il blackboard,
with list OF stocks ut prices quoted in
New "'H in,ut',t" '"c'o'n, IS l u'o.
pay W., h"t -, ,bn ''l' o o"t
ato l'l,Iu ~ ~ "i'"'' t' vs. 1891
t'oI''' uu"s. '''U i,'e'vi'o0 =. 'no PGs "i0
Ga'' > ''in, o' ,-,,'t'ptt' Wv O. l'i
uueo' ~ 49, ' ,, va 81 Si'sS,,",,i KinIns '
| - I.,..,, .,C,,l. al IEl IL II visa, n
'L' iNN'' "'ON" 90 A'i - iN' ~
- ~ so'9 w." ,,'1 ,i' ~ IA I i'o ''i III;
, 70 - ~ N'"l' w. w. a ~ ot ~, :,
.n"i ~ - ~ ,,.',,. ~ ~ fa,,,,J :,
Wv 'o''',l'' W '''''''' N,,i.o W.
. ~ 5 ''' Nv, a,ai noona,
Lac u,,''"i rt''n 1'i 80 i,rnvi'Ia lao,,,
W tlU'"' t -. , ,ta o;pt =,
nooA'' I'!OP, "'Ii ,,i't,,ii,, - - H.;
tlons; ~ 1o'',' ,iat ias nnr.a n
.iuSsihs P", 49,, nn ;nant;ro " s,ool, ;
:, Niio -" 800 a'''' , ~" tho Donvn
ao9" ~; ~ r ',.U - p, ."ii;, '" ~,
= ''Au ny ot't",,,' ''Um o.',na " Il hn"
/ peiSu'','u9 ,u'- ~ t51,I M shn,a IN ~;
: 5000, D. anu R. G.--quicE, quick" il
k blocks from 81 to 8. The selling bro
# ker, alone or with assistance, make
:. bis offers, which arc accepted by auoth
! or broker to whom Quirk has telo
: ,, - - -
0 St"''ou W o"I E,1 inc stocNs onnteo
e a c PliccS' Ing last quola'ioh' {
Inns tnc Pl!Gt' INC te' ,,; an an
uounce' II at hhaVevllic' Inc Sio'oO
II margin minus 'Ilc ohe-Iotfth VI Oh
pr cont brokerage on INC Hclilou
oa'eS'i Is swept INTO Inc sW'ndler poch
o'. ,,,,, -, =,
mic inc otoch ENchahge mas Iegi'
. 'h"t0 una i!Nd4t'ibIc uses, IL - hoH
lne less tr'!e mat 1t mas been and
Il IL "