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Updated: September 29, 2025
"It's as legitimate as buying or selling real estate on a commission; but so far as the popular impression goes, there is no difference between this and a bucket-shop." "It's all very new to me," said Bradley. "I don't know the difference between this and the bucket-shop."
For another, there was no clear-cut distinction between the Capitalism that owned newspapers and the Capitalism that advertised. The same man who owned "The Daily Times" was a shareholder in Jones's Soap or Smith's Pills. The man who gambled and lost on "The Howl" was at the same time gambling and winning on a bucket-shop advertised in "The Howl."
He'd have been on Wall Street, doing high-class bucket-shop business, or he'd have had a swell office selling copper-mines any old kind of mine that's going to make ten million a minute, the sort of deal he's in now. If he'd been the kind I might have run up against," he added with deliberation, "he wouldn't have been as well dressed or as well spoken. He'd have been either flashy or down at heel.
It seemed that we had suddenly been looked upon with disfavour, and I half suspected he thought we were spies of the police, who had recently received numerous complaints of the financial activities of the fortune tellers, who worked in close harmony with certain bucket-shop operators in fleecing the credulous of their money by inspired investment advice.
The firm of Manning & Isaacson was one of the oldest and most prosperous in the street, so he said; and its junior partner was in the confidence of some of the greatest powers in the financial affairs of the country. And, alas! for the Prescott family, which did not read the magazines and had never even heard of a "bucket-shop"! Adam, the oldest brother, took Mr.
All this with not a suspicion in my mind that he was at the same game that had caused Roebuck to "hint" that same proposal. What a "con man" high finance got when Mowbray Langdon became active down town! "That's true," he admitted, with a great air of frankness. "But the cry that you're not a financier, but a bucket-shop man, might be fatal at the Travelers.
And to emphasize that fact, my mind ran along the trail of the 'Weevilly Wheat' into the domain of tickers, margins, puts and calls, and all the cussedness of the Board of Trade, and came bump against poor Bill's bucket-shop deals, and settled down to the chronic wonder as to just how badly crippled he was when he died. If Will gets it figured out soon, at all accurately, wire me.
The order for wheat is transmitted to Chicago and registered, and has its effect upon the market; whereas in a bucket-shop the sale does not go out of the office, and, if there is a loss to the customer, the proprietor gains it.
But, while Matthew Blacklock has the streak of snob in him that's natural to all human beings and to most animals, he is not quite insane. No, the thing I intended to think over was how to stay in the "bucket-shop" business, but wash myself of its odium. Bucket-shop! What snobbery! Yet it's human nature, too.
"There's Dick Penfield, spendin' a hundred thousand a year on pictures an' vases an' rugs, and Sam Brucklin makin' his Saratoga joint more like a second Salon than a first-class bucket-shop, and Larry Wintefield, who knows more about a genuine Daghestan than you or me knows about a Morse sounder, and Al MacAdam, who can't buy chinaware fast enough!
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