Pasadena Raids Illegal Stock Exchange

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March 10, 1910: A speeding streetcar takes a curve too fast at 7th and Alvarado, jumps the tracks and goes tearing into what’s now MacArthur Park. If it hadn’t run into a telegraph pole and a pepper tree, it might have ended up in the lake, The Times says.

And on the jump, Pasadena police raid a bucket shop,  stock exchanges that were banned because they traded on margin. The Times says that such operations had been driven out of Los Angeles with raids in 1908.



March 10, 1910, Bucket Shop

March 10, 1910, Bucket Shop

March 10, 1910, Bucket Shop

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About lmharnisch

I am retired from the Los Angeles Times
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