The sun., 1910-05-01

- Ufoao, nam tae 8orvlpe- WolIofAls
Fog Thres-FWo Arrests Wero-oos-
ernmsut Agsats Thlnk mat suppllss
Game Frsm q Geld aRa sesCk WRr.
The Marin wire vas cut IN thros
places yesterday morning at iOsos O'CloaE
by agents Of the DspaFtmsnt of Jusiios.
This h tho fast telegraph sarvios WhiqA
IL IL alleged has been supplying oax0at
quotations on ths New York Stock Ex-
change to tho biggest bucket shops ~ ne
East. Including Bogss a Co. at a. Broad
way. the Standard Stock and 0rnin
Dealers At 70 Montgomery street. Jersey
City. and the Stock. Grain and PFovision
Company AZ - Montgomery ntrsst, JeFaey
City. all Of which were Closed up BY Gov
ornment raiders month ago.
A few minutes after the service was
shut Oh yesterday runners from the Con-
sOlidated Stock exchange FSiShed into thh
oGlcs Of Morrison a Maisr Al ~ HOaa
street 10 fnd out Why the consolidatua
wasn't getting ~ ssgvios. Goyerumant
agents and TIE dsesotives who had jusl
accomplished the arrest of Prank Ninlef
a. one Of the propriCtors Of the MnFVin
wire told their runners that ths wire hsd
been cut.
The Department Of JiStice has h6.n
looking for the Marin wire tor a K1oa
while. Il Wa the system which beat ths
general ticker service in rqp0rting ths
sales on the New York Stood Exohaaesby
anywhere from ave % fifteen minutes. and
twas In this advantagS Of minutes whsrsln
lay the chief stock in trads Of tas hurket
shop keepers. The 0Ovsrnmsut agents
say that the hncket shop Laws ecaidHtha
enforced until ths fsst wire suFvics was
shut OF. The cutting Of The Marin wire
yesterday oEipples every bucket shop IN
the East. big and llatle. hey say.
Tho governors Of the New York Stoek
Exchange have hern trying for yuars %
find out how re Consolidated StoCk e..
change Eot accurate informatiOn a. "a
dsalings on Tn soor Of TIE big e1chanss
In advances Of that furnished through the
regular channels of ths Gold and sloek
Telegraph Company, known eunssallF -
the tioker asrvics. The assertion ha4 tasa
mado and denied that fhn trEnsarasu1
On Ghs Consolidated Stock BHGhnn9n wefe
nastd urcn ne quolNtions racsIyod "a
this mysisrioua fashion and that he Cnn-
sOlid4tsd could not d business saalulao-
togily on the ticker service only.
The Oovernment agents and ehe Central
Onios dseectives who made the raid
yesterday sAy thai tho infounation
given 20 tho Consolidated Stock E4uhanQs
and 10 the bucltst shops was occurred
In some way from the Stock Ezchan9a
Wirs Of the Gold and Stock Tolegranh
Company. . subsidiary Of the Weufegn
Union
The Gold and Stock Tslsgraph oom-
pany has q day 10 day contract with o.
New YOrk Stock Exchange whereby dAa
company disseminatss stock quotaeions
over its ticlEers In New York and 30 sueh
subscribers a. are approved by tho ca
change and % subscribers outside tha
city. provided they DO not come Within
the category Of bucEet shop ksspers. The
ticker In the C0nsoiidated Stock Ezohan1s
il protected by a twenty year injunotion.
which entails. however. the obligation on
the small exchange that il shall n0t use
the quotations 20 resolved a. q basis fog
ita transactions
In the upper part Of the Stock Exchanas
Building on Broad street are the telegraph
Instruments of the Gold and stocs Tele-
graph Company. which ssnd b the Wet
ern Union Building. al iss broadway. ~
reports Of Transactions on the aocr oE
the exchange. The services IL practrNl,Y
instantanoOua. There II a slight delay
IN Transforming the reports into the shape
required by the ticker service. 40 that ea
busy days the ticker h sometimes hgle4m
minutes behind the market
The Government agents declare that
aomswhers In the line between the Sioclz
Exchange and iss Broadway the Marin
wire got its supplies.
Wherovar Il sRot on the wire led % e
MontRomsrY street.. Jersey City, ths WsnI4
building In which the Celia brofheEs ran
bucket shop. Room sz3 hsrs Ia nhslleA
IT. Marin. Member Consolidated stash
Exchange Of New YORK. TWAS ths hsaA
Ollcs Of tho Marin wire A retnsn
wire led haCh 70 he once % MorFlana
a Maisr 20 a broad street, Nsw Yarl.
over which stock quotations we're relagnt
lualnuely. A Postal TeleWrAph and Ca,tlN
Wlrs lsd to PhiIadolphia from Mnuru
Oillce. thO pointin tho ohanRs q salaNrag
companies. 10 said tho 0ogsmmant
agents. bsina 10 ccTer the trail Thaarn
hsd cunneoti1na, aome q then aver ts,e
pAous wires. % PittsburB. Daltlma,e aes
Boston. They got praetiealiy lus'4
news 90 what was going on On abn anuE ~
the New YorlE stock ExchanRe.
In New YORK tho linos went ma utly b
alalsr's oGlce Sc ss BREAD stress bai
Room 70 a. % Broad alreea. which wa
0atonnfbly octuplad BY William a. nlYua
Bryce aslls soap 20 the city harrltuig ana
dOeaR't appsar 10 hare had any acnr
o1zssSss.ez vita ths =sszk hTSszz- ~
blainaa. Bofh oglcea had oompirta r1l4
Ms, 90 aaid ths ooveFnmeut nnauig. M
that lf slthoF vas falded thsrs woula
bs q contraI point capable % rvcslpsxa
relMying quoeatioGa.
n Was from one ~ tlasas Nsw va
ollcas thAa tho CaEraohaatod 9l1gla
cl,an9spNot ~ aaVanos qugtAfions A
m0nghly m1e. 80 say ths dstocefves
g4S0 Ino chief opeafcr a ~ C
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