To Cut Off Bucket Shops
A court ruling strips Western Union of its role distributing Chicago grain prices, part of the Board of Trade's fight to starve illegal bucket-shop gambling of market data.
NewsPipe summary
The Evening Bulletin · June 23, 1900 · Page 1
1 min readChicago, June 22.
Chicago, June 22. By order of Judge Tuley, the Western Union Telegraph company has been ousted from its position as collector of the daily market quotations on the floor of the Board of Trade and that body commenced to collect its own quotations and transmit them to the telegraph companies. The right to collect the quotations has been regarded by the Board of Trade as an important step in the contest over the cutting off of the ticker service from bucket shops. No change, however, will be made in the manner of distributing the quotations until the matter has been finally passed upon by the courts.
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