The evening world., 1894-08-04
BYAFARO-B0x GAME,
How g. q. Stearns & Go. Now OBJ
tain Their Quotations.
The Betting Modus 0perandi Is the
Same as Formerly.
But the Firm Now Manufactures
Its Own Fluctuations"


The stock orokerase hrih
btearns Co. AT - D'oau ~ -
invented ne" sce''' -, 49,
collars OF Ine su'"o'es WV ,,
region OIL wal stree' -,
cern wn'ch ne n'e"e .,,'
posed last Aprh' Wheh - VIC" $50
business as the Ne" nav .',', u'1
Exehange. NO one ~ a.. ,,,t,i
ever heard oil the ENci'a"ee mn
Htearns & Co. opened large offices in
...,.. t,a,,,,,nard IN which were dis
Hehse piaehooaiu y" -
played the prices of the mining stocks
dealt in.
,rs.- -, ,h..o stocks were nc
names -,
nav to the habitues OF the street Or
was the game introduced by Stearns &
~. TIT. a., .. corposed of O. "A
70 Inc MN '',p. ,,.t.-.
etearns. u wealthy resident OF chicago
w. ID. Valentine. his son-n-law; A H.
C.,.- ga w Eerder az ST
So'sHan anu ,,.a,, -,
Louis. Valentine USED 10 De well bno"h
on the Pacific coast and in Butte, Mon.
~ n gambler and Coleman has been on
se"o' "N' -,
the race track In the west
When G. II. Stearns d Co. opened
a., .-u -, ,,orLad THAR uan.
mere IN april .neS "oineu 80,
through the medium OF the Ne" raven
Mining Exchange, located at Gy3 Chapel
5000, New Haven. Conn. and the
street. Ne" haFeh' .oni''' anu @
Manhattan Quotation Company. which
purported TO be a telegraph ticker CON
s.rn furnishing quotations OF stocks.
~ q matter OF fact the quotation
Company only handled quotations be-
tveen the mining Exchange" in New
sweon 'he niiiie
Haven and stearns d 90. once IN 'n'S
city, -
The members OF the firm Of G. II.
pa nti,csrs NJ both The New Haven
M , on"J Eroh az e ana The Manhattan
nm ,,,,ns,on Cnno',sn I-ntiI recently The
game was wor rs a. 1o !!,nsnhorl ~ ~
Ee" Haven no honaht snd snid Lstxeen
suaI,,es ss,arSy Say Tho sJocks ~ Tho
hsn,assn ,,rh.ard 90 mines which he
mtnerto uhnsata Oa 1', ~ 1,,b, "''" '"e
STSn.u ,samsac,inn. fnrnishsd The hasis
o., ms nrines Which were telegrsphed
% .n 20 the nftice Of Stearns 4 Co. in
ntS ~ 10 'nE o' Iit,,e room on the second
S Snas cisy' me Edison BniIding. lust over
the Public o,nce e,ve od 1 fbess oHotations
az ~.ng in New Haven. Az fast
au ths ~" nrices came in. the operator in
sh,s Wttie room would transmit them 10
G Sonp nf u these tickers Stood out on the
Moor Tor IN, aed iSspsotber was placed r be-
hind the long ,s desk wr a. Sn'S fat 'ns
49, ticrer rave out The quotation. a
s xme hshind hi. desk called them out.
Ia Tnw A. the bip blsckpoard across
a ana poS -. taS p liz, .'n for Tho Gus.
toners 70 read
A n,,eer thing about these prices was
, LII. al ana tho natrnns "f The game
ked he,un m huv "stocks there would
he snSaen and unanImous drop In the
0 DC su1 Wired ar from I'M" New Haven aud
s,:.rns 20 emnhaticaliy denied
tbss thew mad anything to do with the
s,dden and aIWnys' To- them, favorable
snrm IN a,,ot lions and stuck to IL that
a ", ~, ~ S.seI on nneratinps on the
Ex,hnnee Moor I'M i'm New Haven.
Tba IA aSspe that ~ sucker is born
$780, ,' nn,u,,,hstandinv that none OF
asnsrvss cretmmers wer known TO ever
III, IN ,heir snerf,,ations' the business
Tnmr,shed and The game made money.
',t ~. ~. ~, 81 y: ~ stearn's &
~. nV 49,, ,ne urn u no ", nnd chesner wsv
20 nss mel. i,nns 70 marx IN ON tx
ii eS nh oHn uoJ'a aua reeI on, 'p on its
IN $500 '
The New Haven Exchange has been
.hnIshnS no too costIv adjunct the
hhD oI,. hs as foynd HAT thew could
Droksis naSins ao''nu ma .isSS eo INA
Lutnsn I .I,, G,hy, !, T,his method
eeeuyhtes s,nany nr,ces il is aiieged 10 Ss
q oo.ahihs PiieeS' ~ 10 "'e''' - -"
fo Essr, r,.,, after ,us,ness for III. dev
Every MIGHT aitet pusin ss tor IN Az iSe
u over ssa. ioo al .;,nIntnc stnSl,s y
names Oh tne sese,ai lii ii.'"b a., /,
tofetner WIN Various prL'.es; aue PIN Nv ~
ooA anu snuinea VI nrNen " 80
tney are oes.. ou' nd nrioes ha,ny rs'
eAme, tne naIhes anu pr IL, ~ or." es.Iia1
coroeo on TICKER 'ape as 'nes are '"'eu
or ~ the ueaYer; ,z , -,
rms tape tntii Wou,. W. anu Va, az
tachen 70 tne ticker IL 'teain o'iiee'
ana everything Is reauS lpt Ume opT T
Iots 70 unroIi luUtatioils t.'c i,tNk "a!
me ticker is "plhgi "! T5i teue' 90, !,
IN tooin NJ lRe Eu,so' "It'u''s JUST
over Lne ONCE zee oi ' hn,s,.e, ba, ,bo,,