New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-08
BISHOP is AN ALTRUIST.
WHY DOESN'T HE ENRICH HIMSELF BY
HIS vAUNTED SCHEMES?
.nvrpr,srs THAT HE CAN MAKE MONEY FOR
OTHERS. But HE IS HIMSELF APPARENTLY
CONTENT TO REMAIN PoOR-sOME-

CONTENT TO REMAIN POOR-sOME-
THING OF HIS CAREER.
Every few months one of the syndicates. agen-
clos co-operative brokerage establishments ana
other euphoniously named variations OF the Or
binary bucket-shop establishments rails with a
resoundng financial crash and Is written up in
the newspapers. The unhappy customers swarm
about the deserted Offices there are two or three
DAYS OF newspaper notoriety. and then the mat'er
is forgotten In short time the principal opera
tors reappear in the Street. doing business under
new Names or managing some already established
concern and contributing their brains and nerve 10
,,o now en,erprise Few Of these banished Nd
po,eons care return TO the neld OF their FORMER
EXHIBITS and do business under their own names
There is one man. however. who feariessiy al
vert,ses under his own name without fear that his
ms, financial history will arise to fright him. T.
brigham Bishop makes his bid for public confidence
and patronage every day as follows:
T. BRiGHAM BISHOP
In unity there Is strength ,,,
Cooperation the Mecca Of speculation 3,
M, a G,a Tom $40 Upward and handle
directed by the inielligsnce ana ,och and gram mar
these syndicates commenced last October; when for
tunnteiy foresaw OF the financial tide in the
F,feen have beer opened and closed. Since commenc
ms this stand form Of speculation on have eve
"reTa,S They have realized remarkable profits The
ba doubled p1Ssd % with ss eaSh Investment
nep,Ion' Which ,hc. returned $3.50 for every 500
81 Broadway New-York
Watcr-st.. Boston
The folly of betting on another mans game could
hardly be more clearly apparent than in the case
OF all these bucket-shop enterprises. The natural
thought OF every intelligent person who reads the
offers of the bucket shop operator to make every
one rich is Why doesn't he make himself rich by
his wonderful, knowledge OF the markets ana ''thirty
years experience? Why does he take the public
into his confidence? 1t Is a similar case to that
OF the professional tipster who knows what horse
is to win each race and will mpart the Information
for a small fee but who is never able to win OUT
a; the end of the season by backing his own sure
things" 1t Is we'll known that the bucket-shop
system Is a sure loser for the public In the long run
The outside investor is usually a bull. The only
case in which he can win is that OF rise OF prices.
The bucket-shop man is consequently short OF the
toners then have paper profits which cannot be
realized for the reason that the oucket-shop bank
Western bucket-shop operator OF exceptional
integrity. who does straight business without
rigmarole frankly said the other day
I'VE do business the plan that In the long run
don'i execute TnV orders our customers really buy
and sell of us. What they make comes out OF us, us;
average loss to them is greater than the average
gain, We get living out of It," o,,,. NJ
Bishops career" SAID a Broadway lawyer. yestcr-
day ''because / retained some time ago to
prosecute claims against him. Mr. Bishop was
originally negro minstrel and wrote number ,t OF
author OF Shoe Fly. Don't Bother Me, and ! re-
member that a number OF the songs in a book
which was used in the public schools many years
ago were written by him.
From the negro minstrel stage Bishop was
graduate into the wider field OF banking and
brokerage. He plossomed out into a full-sized
syndicate with a downtown office and an up,
speculate II am not mistaken ne was the
pioneer In the matter OF furnishing the fair sex
with an opportunity to blow their money In on the
Street, without unnecessary publicity. He adver-
q country operator met considerable difficulty In
getting back either the stocks or the money con-
fided TO Bishops Office. number OF Judgments
were obtained against him. but nothing was ever
found upon which to levy. Bishop disappeared
from New-York and went TO Florida, where hi had
some business interests He spent his winters In
Florida and in summer followed the races, making
o book Now as you by his advertisements.
ne has returned TO New-York. and advertises as
established thirty years, and Is running a CO.
operative syndicate