Item Info
Media Type: Cartoons (Commentary)
Source: Print and Picture Collection
Notes:
Foolish investors reach for the seemingly easy money of bucket shops, but unsuccessfully.
"Additional evidence against stockbrokerage houses, collected in a widespread investigation of bucketing and other irregular practices, was laid before a Supreme Court Grand Jury today by Assistant District Attorney Simmons. The investigation started after failure of several brokeragefirms, already has resulted in indictment of nearly a score of brokers, while complaints against more than thirty firms are under investigation."
- "Begin Bucket-Shop Probe." Evening Public Ledger (Philadelphia, PA) 27 Feb. 1922: 2. Print.
Bucket Shop: "[a]n establishment, nominally for the transaction of a stock exchange business, or business of similar character, but really for the registration of bets, or wagers, usually for small amounts, on the rise or fall of the prices of stocks, grain, oil, etc., there being no transfer or delivery of the stock or commodities nominally dealt in."
- "Bucket Shop (stock Market)." Wikipedia. Wikimedia Foundation. Web. 17 Dec. 2015. https://en.wikipedia.org/wiki/Bucket_shop_(stock_market).
Bibliography:
Sykes, Charles Henry. "Nothing To Stop 'Em" Evening Public Ledger (Philadelphia, PA). 1922, February 28: 8.
Creator Name: Sykes, Charles Henry, 1882-1942 - Artist