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Show BROKERS GET BEST OF IT Wall Street Slump Is a Harvest for the Local "Bucket Shops." The crimp put In the "bucket shops" by the local dealers has been neatly removed re-moved and Ironed out by the recent depression de-pression In Wall street. The local lambs had the market all their own way for a time and the local commission brokers were losers to the tune of nearly $50,000. It Is stated that they even had to declare de-clare an assessment of $25,000 to continue con-tinue business. Now, however, they are having their turn. While the market was so bullish all the traders were beating them and a lot of new customers appeared to take a slice of easy money. These traders evidently evi-dently thought that the bull market was going to continue, for nearly all iny creased their holdings and faced Christ- mas time with a quaver. Now, however, things look cloudy in the East. . It is a conservative estimate to Fay that the $40,000 to $50,000 lost by the brokers bro-kers had been regained in the last few days and nearly every prominent trader in this region has received a large and disastrous bump. Of course a "bucket shop" market Is always a bull market and nine traders out of every ten will buy rather than sell. Therefore -when the New York market began to go to pieces the bucket shops raked in the coin in great gobs. The especial disaster to the traders here was in Amalgamated. This stock la extensively held and traded In In this city and the slump caught the lambs unawares. un-awares. The demand for "more margins" has caused many a shudder during the past two days. |