Sierra County advocate. [volume] (Kingston, N.M.) 1884-1960, 1895-03-01
NAMING EXCHANGE RAID

| toii MiuiuS JtoSa GASjdbSF, ~ -i'
North Sixth street, yesterday after
noon at 12.45 o'clock by detail O.
detectives and police officers.
The exchange was crowded, as il
usually is during midday, but only
those actively engaged 10 conduct
ing the business were placed under
arrest. Six persoLs were landed
tn the patrol wagon, and with
it roll of money aggregating
$1,000, and taken to the Central
District Police Station. There
they gave ,she names of Edward II.
Spear, Solomon Stein. Jacob Reed.
John G. Catron, Richard Clark
and Frank Salisbury. They were
locked in a hold over cell, where
they we're kept from the reporters
and their friends by order OF the
Chief Of Police, whose prisoaers
they were and pn9sr whose orders
they had been confined.
The manner in which the raid
was conducted demonstrated plain.
~ that it had been carefully plan
ned. In order that conclusive
proof might bs had as to the ques-
tionabe manner in which the min
ilg stock exchange was being con-
Quoted, several detectives were
given instructions to raid the
place. They engaged 10 the game
Of ste cks along with the seventy
five other men who at that time
crowded the room. They soon
| ialt assured that its manner OF OPP
Grafton WAS sufficiently irregular
to Justify suppression. Communi-
cation was established with head
quarters, and additional numbers
of the detective force repaired to
the scene. They entered un-
noticed. and at a given signal each
one of the SIX detectives seized an
operator OF the exchange and
quietly explained that they were
to consider themselves under ar
rect. In an instant the widest
confusion prevailed among those
who were spectators or participants
in the mining deals which had
been SO abruptly brought to a
close,
Immediately after the raid on
the Washington" the alarm
spread in The neighborhood, and
Walsh & Cella's Madison Stock
Exchange, situated almost exactly
opposite, on Sixth street, closed
anticipating sinilrr visitation,
The same thing happened at the
Grand pn Pine street, which is
also s .il to be operated by Glven's
& Co, and telephonically con-
nected with the Washington. To
complete the list on the west s,de
of Broadway, the Central Stock
Exchange, owned it Is alleged, by
Johnny Cornelious, and the Chi.
cago Mining Stock Exchange, con.
Quoted presumably by Bieber Bur
roughs & Scraggs, both located on
Sixth street, between Pine and
Chestnut, promptly suspended
business. The scare, however, did
not reachsfurther east than Broad
way. An hour and half later the
Madison, finding itself in no i'm
mediate danger OF police invasion,
reopened its doors, aud q busy
crowd Of spectators were soon en-
gagged in buying and selling the
alleged mining stock. When q
"Globe- Democrat" reporter looked
IN at the NJ adison at 4:30 pm, Que
OF the clerks said 1--WE thought
our time had come, but we feel bet
ter now" All other East Side
mining exchanges remained closed.
The Lindell Stock Exchange, at
the Lindell Hotel, was in full
swing on Saturday, hut, for some
reason, it did not open yesterday.
At the st. Louis Public Stock
Exchange, on Pine. near Fourth
street. a land d-ofHce business wae
heinQ transacted. A reporter who