Bucket Shopper’s Dogged Fight

1911-1912 A San Francisco, California ordinance outlawed bucket shopping in 1911 — no  longer was running or visiting such an enterprise legal — and one operator didn’t like it. Henry A. Moss, a bucket shop owner and Nevada citizen, vowed to fight the new law, as it prohibited him from running his four San Francisco branches, which…

Bucket Shopping: A Species of Gambling

1870s-1920s “I want to go short 1,000 bushels of December wheat, 1 cent on the bushel.” This $10 bet was typical back in the heyday of bucket shops in the United States, between 1870 and 1920. People wagered on the future prices of stocks, securities and commodities — grains, cotton, oil, etc. — without actually…