The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1890-06-08
HE is A DEALER IN COIN
And Handles Millions Of Dollars Worth
Every Year.
The Man Who Buys and Sells Small
Change-What He Does With
the NIckeS .ahdFennIes
He PurckaSss.

From the Brooklyn E9gtS,,,s,
Every working az. sSSt9ih or sunshine,
during banking hours, q faded wagon OF
slight frame and leather covering, drawn
by q R~osinante, with q meek visase and
The cut Of q worker, may be e e standing
a few minutes nj q time In front Of some
one or another OF the many banks that
abound in the n~eighborhood OF the City
Hall. From this wagon descends q man
with an active tread n dark hair q
ing under the rains Of probably nifty
springs. In his hand he holds o canvas
bag OF large size and evidently Of heavy
weight, which he draws from the back OF
the wagon, aud with which he enters q
near by bank. II he does not take q bag
into b bank the process Is reversed and
he emerRes with o large bag of money,
deposits IL in the wagon and drives OF
rapidly.
Few are better known TO the opulent
business men Of the city and less known
to the public at large than Theodore V.
Smalley. Mr.. Smalley's occupation is
that of q broker, q title borne by scores OF
wealthy and worthy citizens, residents
OF the city,. and o sufficient
v ,1 issslf i i@ f lie ss in its any SeaT was
remarkable. But the nature Of the
brokerage business that Mr.. Smalley has
transacted for over the last 20 years Is
unique. No n else in this city Ii in the
same sense q broker. One or two others,
however. Mr.. Smalley includes to q GER
tain extent, in his field of operations.
Long ago there were men Of Mr..
Smalley's business, whose abodes were In
the vicinity Of royal courts, and who were
h c~onfidants. creditors and counselors
- - -.l .-t--- 1900
day Il Is in Pekin, Nankin, Gizni, Cabul,
Teheran and Others of the thousand and
one cities OF the dreamy orient that they
must be looked for. They might be dis
covered in some Of thec cities OF the Dark
Continent.
He is a money broker. is Mr.: smalley.
To buying and selling money of the low
est denomination he devotes himself with
singleness of purpose. Promising build
ing lots are no temptation to him. He Is
indifferent to rises and falls In railway
shares and as innocent I'm puts n calls
as q frolicsome kid Of drawing room ETH
quette. Nay, IL is even rumored that he
cares not for even the elysium delights of
the Gowanus canal.
Mr.. Smalley buys pennies, nickels,
dimes, quarters, half dollars and dollars
from churches, banks, and newspaper
offices and places Of amusement. and
sells to big stores, factories, pawn Offices,
banks and large business houses. A pro-
fit of I per cent in the dollar OF pennies
satisfies him as will 20 cents profit on
$1,000 in silver. Not often. he says, does
he get more. II is i'm the magnitude of
his transactions and not OH the per cen
z that he finds profit. In a year he
handles over $3,O00,O0O. He is ~punctual-
ity personified, and many are the large
stores In which the clerks time the hour
by his daily arrival, laden with strong
bags with pennies and silver.
Formerly" said Mr.. Smalley. with a
sigh to the writer, 'the profits were much
were in vogue, but now the business is
down very fine and il is not on account Of
competition"
"Are you not afraid of being robbed :.'
II was robbed once, but ! don't think l
will be again. round the banks robbing
is almost impossible. There is no more
secure place that | know of. Officer Kelly
time on his beat and knows strangers at
sight, and the character and purpose of
every loitcrer."
II was on the 9TH day of March, 1881 that
the sole robbery of which Mr.. Smalley
was the victim, occurred. He had pur-
chased early In the forenoon, and about a
quarter of an hour previous TO the rob-
berry, several hundred dollars worth of
small money at the Eagle office. and had
driven to st. Anne's church, on Front
street, lear Gold. While waiting a few
moments i'm the pastoral residence for the
Rev. Father McMeel, a strange man took
advantage of his absence, jumped into
the wagon, and. driving of at a furious
Rallop, escaped pursuit. The robbery
created a sensation at the time on ac-
count OF the audacious manner In which
il was effected. w. H. Morris, whose soh-
riqet IL ''Country Conklin," was arrested
upon suspicion, tried and acquitted. The
snnnay Amounted N G9y- mt m nons ~