The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1900-08-08
BUCKET SHOP INJUNCTION.
Another Court Chapter in the Board
of Trade Fight.

Kansas City, Aug. S.-Judge John W.
Henry, in the circuit court today grant
ed the Christie Street Commission COM
pany and the Brokerage Grain company,
both of this city, a permanent injunction
restraining the Western Union and the
Postal Telegraph companies from dis
continuing the sending of grain quota
lions to compliments. In his decision
Judge Henry held that the quotations
of the Chicago board of trade are i'm
pressed with a public interest and
that telegraph companies handling such
quotations must deliver them to COM
mission companies that desire them,
whether they be sent by parties operat-
ing leased lines or be contained in
private kilograms.
Judge Henry held, that being of a
public nature, these quotations could
not be converted to private use to the
exclusion of the public; they had be-
come interviewer in the grain and stock
trade of the entire western and north
western portions of the United States,
and that the knowledge of them had
become so essential to dealers in agri-
cultural products, that, deprived of that
information, thousands of dealers would
be compelled to go out OF business The
result would be, the court held, the con-
version of the Chicago board of trade
into the most gigantic monopoly in the
world.
In speaking of Judge Henry's decision
J. C. Goings said today: THE decision
only effects US SO far as the buying OF
a membership in the Chicago board of
trade is concerned. I went to Chicago
to buy a membership for the firm but
1T will not be necessary under these con-
ditions. The reason of this fight is to
force all speculative grain trades to the
Chicago houses which are now going
through the Kansas City houses The
same fight was started by the Chicago
people in 1891 and 1t fell through. This
decision allows the giving out of mar
ket reports to stand as before and the
telegraph companies furnish them on
application From 8 900 to 10000 cars
of wheat are handled each year in To-
pelxa. Under the present system which
will be carried on by reason of the in
junction the Topeka nnillers only have
to communicate with US at any time to
find out the market instead of tele-
phoning to Kansas City"
Chicago, Aug. 8-The Western Union
and the Postal Telegraph companies
win Jointly appeal to the federal court
junction granted yesterday by Judge w.
A. Henry of Kansas City to the Christie
Street Commission company, and the
Grain Brokerage company OF Kansas
City which Restraints the telegraph COM
panies from refusing to furnish them
with market quotations of the Chicago
board of trade. A conference of the at
torneys of the two telegraph companies
was held today and it was resolved to
cooperate in the fight against the in
junction. Meanwhile the compa MES, &C
cording to the telegraph officials will
ignore that part of the injunction which
compelS them to furnish the quotations
on the ground that to do SO would COM
pei them to break the state laws. AS
neither company now furnishes ticker
service of the Chicago markets, the only
way. quotations could be obtained by
the telegraph companies the officials
say, would be by stealing private in
formation from messages passing over
their wires, thus directly violating the
criminal code