Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1897-10-02

touched and n l;,tic l;.,or JSls co.ncs ga
as TIE ;,-iec. This lruk, like : t--ud rrt 81.
but The iiIi.caCi:t dos not - d; The
buckc; hos :,,rrn- IL no g:Ccnhr.n. An
ordgrs u.c tntra s..h.crf o. approval ia
Chicago. or Ehcrc.c- the n..i.. a.iicc may
bc. This Lic.ri :lsIt 40 tIa;ic a. wir.i
here. and Tie customer :;!i:si WIFI ioT an
80. X" answer igiurS ~" dU;.i z iirtli;l-;
b. Tie time lee l. al ri..-i ~ inc ,l,gl,s IL
price lac boroincs grN:ui.E : . ~ 4. on n
good thing and :-ia!iy ,nn.r:.:, t. his or
der being flied 'as nc.tr III, market ~
pos-iiic." TIE wheat Is thea hi;lci ia hiia
fs rear The Tor price - tine az, II; tiiH!.>
he will stand. and il ip's"sncs az. easy ihiIig
Ia wipe hiil O.; Oh iilN i..., i;r,al. "a s.,.l..
oiThtks uf "a cent. y7iicrcas II i.sc G,z.l has,
BEEN honestly conducted lac world have
;:ia.:c yrnfif "f SIS and got lack his
$i3.1 5 margin besides.
u sometimes ha,pcns itat aIcii.cr r.;n
riay at the :ai:lc moment Want - scil
900 bushels Say wheat "a; -, s;.4 e TO
his ortic. is filled Oh he sl:, fur n, market
is advancing, ard there l. SURF uralil in
the dead for the buokc, shcp without re
cour>c 10 jCr2lcry.
ihc worst term OF manipulation, how
ever, Is III the holding hack ci !ua.a,icne
In the Offices 1T legitimate brokers prizes
arc posted as fast H. they c4:..c over the
wire. Ii the city bEch..t sio,s ,hcy are
also put on tho blaclsbasf-l with some
show O. fairness. Eut In the oct If town
agcncicS the figures are us.I as HAY b..st
serve the interests ~ :hc men who g-c
backing the game. Cars is ta.cn 20 keep
the posted quotations withil the Ian,,c Of
board - trade :ir,urCs 81. the day. bet l,c-
yond this the buc,:ot shop IEan makes
prices 10 sui. himself. Tcus May whcit
May fluctuCto On given day between %
nnd % cai:ts, opening az 81, saszing OF IL
90, then advancing t. 8i, dTuptian beck
TO % ard firmly touching IS, with {: rcac-
tion at the clos3 to 93is. This IL tho lint,
OF n market the bucket shop owner CO
lights IL, for IL gives Kim ample opIsori u
mites for skiEr!nc his VIC. in:s with ~ c.lcr.
ity and GurcI.css thu: WOULD paraiyzc a
prize butcher. B,twcc.. the high and low
figures Of TIE cay ;hc nianag,'r ~ :hc mGin
Office makes hi- own prices, holding back
the legitimate quot ations and sending ont
such as will wiz. for his firm tie i..-c.st
a,noun: IL money
The wors, Of this bold business IL tie
ease and safety with which 1t Inry IL con
] Quoted. Tho Iner who pulls two cards at
| IA time frai; "a crooked faro box takes t.cs-
with the bucket shop operator who uanip-
ula.cs quotations II Is Impossible for the
daily newspapers to record all the nuctua-
| tions of the InnIkct. The Egurcs given aru
merely these Of opening and closing and
the high and low marks. COMPARING the
bucket shop quotations with those given
by the prcss this victim iirds tl-cm corro.t
| 80 far az they go aid accepts wi;hou. cues
| ton his los rs the result VI poor iudv-
mcnt i'm guessing the turn ca tho market.
Nor il the country rlnr tho oiily victim.
| There ARE men in Chicago and New York
| who daily 90 agi.iiirt n sort u brace gllnc
| without knowing II. Nearly every city
bucket shop Is fitted with both telegram,
and ticker ice. Instantaneous q;,.,,a-
tons are sent ovc- the tclcfsrsgh wircs ard
| the prices made On tire ,-a.ri 81 tri,il arc
| known in the bucket shops rs fast ~ clcc.
| tricity can fash them. With the ticker.
| however, thcrc Is somc little unavoidable
delay, the ticker quo;a'ials being usually
about one minute bshind those sent by