The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-04-03

uetu ana o. hunNhkNh DaNhr' hp'pfho"-
swindlers and confidence men. three OF
whom are now Striving terms in tn"
peniteDtiaTy. Later the control of the
exchange passed into the hands OF the
notorious bucket shop concern. HAiGht
A Freane.- The report goes ON To say that
=, ,,r,..,.,, a.. a a., ,,,r,r,l ,h. phIla
-.,.,.,I.- +.'si.a.,..,. "a -. a.,
u.'P''" =, "''" WV
place an toiIoNS
The exchange In now located az t12
Walnut street. Il occupies a large room.
Dorha,,. M hv M f.s, Th.-e a.. ,hr.,,
- g. . 49,
'e'sphon" ooothS on inc moor OF fn" en
change and connections Tor four telegraph
instruments. The average attendance. Of
brokers ON the ooor during trading hours
A. 60. -. a. -. - "a 49,. -,
".n 49,. - -. h,cs., b. ~ go ~
are supposed To trade in upward %
M ON aharea OF stock each dAv. % par
60, -, ,h,, ,r.,,,n~ h.,n, ,on. in tan
-" -,
snATe lotS'
During trading hours. IN contrast TO
~ I. l.g;,,m.,. .,ocs srchsns nrnfnnnb
-. -. :, - a. = "a. -,
Nu1' ~ WIZ
solldHt"d stock ExcnangS oi fhilAueiphia'
The trading. OF Allewes. trading. is dOEsO IN
= h,Il ir tho u.,,aI uiunrhI.. g.ms Whan
',..,,..- - a.. -, a., ,,,,,,,hl..
a stranger enters the room IN" pihochl@
deck ~ thrown down. telegraph instru-
m~nts begin 70 click and the brokers
shout loudly across the room to one
another
As to the present control Of the -eS-
change George q. Turner'S activities
date to OK ~ least far az the DAYS Of the
HAight a Fr~s.ss Company. in which he
was con"ernsd under the name of Vharies
q. Turner. When that concern was driven
out Of business Turner ana Mililam n.
l-illis orHanized another and similar
concern. which they termed John A.
boardman 60. Turner took the
Philedelphia branch Tor hls own Held
besidee retaining general control OF
the whole nnsiness- LiiAis took the branch
az ~ broadway. Detective narqey McOmn-
vile raiHs1 John ~ ho@rnnHnn 70.
m August. 1vOs. ana arrentan Iurnsr
and billis and two others. but the case
didn't nOii aud the shop opened up Tor
bustness the Vefy next day ana kept rtght
pause until Novemher. lSos.
when a protracted bul market nut u
out OF business,
senator Caesidy'S ti-bucketshop law
went into effect on September !. ime.
This law. u Was thought. would have
deterrent effect on the brotherhood. hut
Turner with the help OF lawyers DEVISED
y ubetAllR OA kNNNAhk uNgAAAh w. anu Nti~tt 40
felt secure from ia proviAlonS started
T.. \. Boggs n Go. The investigators
say that ". VI. X. Otcott drew up the
papers Tor the new concern.
Turner doped u out that with the assist
Ance % the sO-called exchange VA Phila-
delphia and a PhilRdelphia ONCE the
Cassidy Law would not bs operative
against him.
SEv YoRK LKorsLAroR cREDFrwD WITH
an INTEREST
Wheo Boxwn A Co sta rt@d the New York
exchanges felt morally certain that there
vas a leak somewhere IN the qtotation
service and that Boggs TO. were getting
ihe benefit ~ the leak. detey'tive was
put ~ the Office of one Consolidated EN-
chang. firm which was SUSPECTED - fur
niHhinR these quotations - Bpgss A Co,
hut he reported that he could find no evil
dsncs that this firm WAS implicated.
Turner was supposed "a he furnishing
the bogus exchange ~ Philad"luhh with
It's quotations ~ Tar 80 'hr ~ "s''-
Rators coulu l-trl E - W
n ls h.N eh'rrl' ,y -, ~ -
,S,.;i",I,, aS.r, la ,Ls SIT -,
49,. -. 81, 49,. -, - ~.
NJ, d.lph,a ,gu.,Iidatsd EyrhgnS. va.
!. s,,sBcisnt r,r,,,ec,ion Tor Turner Ir,d his
,r,vsd from th.. Ctlt.. law and the $50. ~
RoRRs a 90. waS allowed 90 drop. ~ tar
A. the regular SAchiuKe- were concerned.
a. n taO JpD tlsit tbll'iN ' ~ ueits~l
In the matter ut prptits u ~ said that
when the drop m thu stock inarNst cam"
last February boSg- Coz "ustninerS
were On IN" b'lll slde o' me Hs rA"' " NC
un~ "' anout I.S',.p s'laI -. 10 n,aI AZ
n'.pI.-u 80 ~ s'i,, ~.
80 S'1IS-i., ,.,,.'
-, -. r.. - ,i,a,,cr - T,,r,,.,,
"a WsIs.,, h.d G,nsdi.o ,.,nns-ti.ns
N ,.,ns;dsraLIe iuDortanr.
20 ,,,..x,.~v .y.rsSss
- g..
nnHks q 'lA. 90, ',,.ssN'.'..'
49,, =, ,r,', ,,,,,;. IA le.,se ,bc,,s, IA.
- -. "a 80. "a u PFC. A 10 ha,,e
=, xhty ,,oTrs.Dondsnts and n On miles ~
nyiyate wire and the Standard Stock and
cram D..aI9rs have ninety correspondents
and = bug nilaaRe 81 leased wire The
Dppa rtment 81 Justice agent gives the
following partial list 81 BoggS a Co.'S
Y. =. CoUisy. i0d' Msrbridgs Building.
Thirty fourth street and Sikth avenue. New
York Toysr 4 kin-lsy. ;; state street.
Albany. Bristol 90. Room =. Arcade
saratoga. frank W Stroui. box .O;. Dan
bury conn O. q. Chamberlain boy ~.
Arsonia conn t. ID Norton box - N.ri-
a., ,so,, a a. p.aI,odv Wa,.,bur,