, 1864-02-27

.ember Of the Board shall buy OF seu p.oyiaisns.
grain flour Or lu1nbeE charter vcesols, Or contract
ees Of and secIeasy BE- sesd and on n
1ne t1distaual. which vas afterwards done, and
alteration In the bylaws and constitution WAS
greatly e.! ya NEEDED Sc d. ss thy were adopted only BY
had both LARGELY outErown them. The Grain II.
spes4ors' duties were defined, and the rules and
t:itf were adopted. The warehouecmen pledged
and Copies Wele ordssed dss to be s1 p1Sshe
WAS determined to obtain by telegraph, daily re-
ports Of the New York. Montreal, Buaa'o and o.
weeo markets; thcec were shortly afterwards dis
continued. with the exception Of New York. The
thanks OF the Board wers rendered to Lieut. Col.
!. D. Graham, for valuable charts Of the various
lake ports.
nEcnRoc1TY Tn1ATY.
In October the ranke were increased by tho ac-
was given 10 Lee 4 Armstrong to dispose Of clocks
opo, op 1a5Ee s aSso5 t a95 as
lion was received from the New York Chamber Of
Commerce, relative 10 two questions arising cut
o. he Reciprocity Can non1 n tSo Go Tsn 44n
ted States. be admitted free Of duty IN our ports!
I'd. Can shaved shingles be admitted freq nj ant;
lit being understood that In both instanccs the
mcnt. 4 Communication from Hon. William Hsm-
ilton Merritt Of st. Cathcrtnes G. ". Was receiv-
ed, rel.tiye to the same questions: The matter
REPORTED, int IN their opinion not only ionr mado
Of wheat can and should be admitted hce Of duty,
but that -four made from wheat, co4, oats, or any
ehond b ataRa ee for 81 ho
the cause Of duties now levied arises from eho fact
ihat the word o. in the Canadian act Is written,
States, a = tae4eby s HsGti IL Canadian Coy
e1nment admit free Of duty ilour manufactured In
this country rom wheat grown in Canada.
srAT1sT7cs-kEw CHARTERS.
Th Ssssa 9T Iss
10 $500, Of (which $4a5 Is had been expended; 1t
was deemed advisable to remit the balance to Nj.
ss 9 fs S1 s Y to pse Se
test Of weight In the inspection Of ggain and TINT
the new ru1ee he applied to all gram received hero
to MI g1ain That vas IS Inspected, viii iii Which
was moi, and promised to furnish statistics re-
garding the amonnt in store. and daily receipts
sna Il as2 an nm "a @
opening festivities Of the Hannibal aad Msson,i
Railroad. A memorial was presented TO the Cana.
q e. 0s s
intending that all articles heretofore charged at
higher rate, bc established at the uniform
CENTS e1s p per toa s q pig Iron, e eoa Sc naw
charter was obtained from tho Legislature. con-
fcHing privileges commensurate with the expand M
gs1hcr with new. set OF rules and regulations,
was presented TO the Board, and after some dis
cusalons approved
In April, b9, the eleventh annual meeting was
held. and The condition OF the board was reported
as prosperous. There were on the sec1etay's hst
were We added. Julian S. Rumsey was elected Presi.
dent; T. q. Eeebe md Stephen Clany, Firet and
Second Vice Presidents. and Seth caiitn, Seerc-
rectors Of the Board to lease the second Btory Of
new building, which he was then erecting on South
Water street, fes = Change room, for peEioa Of
was accepted. In November, '69, the committee
appointed to examine the North Pier. reported
TIT aey found @ 5ee q The pier IN
st9oyed and the hsrbor sdut up up. It would take
tbey would recommend Inst il be dono & once the
money to be Iaised by individual subscription.
| Afterwards $50 were raised, Of which amount
On Wednesday evening, Feb. $, 1850, the inau.
frade, took place, 1t which some hvc hundred
Pa the Fresiden1, M ] supported By sepieR casy, T.,
took the chair. and after calling the meeting to or,
the inaugural ,whiehis spread
| on the records Of the association. The thanks
Of the Board were then rendered 10 John 8. New
house Esq for the enterprise taste and lfherality
displayed n the bay. seyeEa1 members and u.
vited guests made brief speeches suitable to the
cellent lunch. which was dulr appreciated;
held, at which M thc M list of memSc1shp h Comprised I
suited in the election Of j. 7. Munn, President,
Freaidents. seih calm, sec1etaiy, r. md aeorge
About thla time it was rnmored that strong e1.
tie ffs Taiy and as sash q ste sep
Mou'd, In the estimation Of the Board, prove dc.
trimental to the interests Of the great West and
sss9 pasSs Sa
through Hon. S. A. DOUGLAS and Hon. ]. r. Farms.
worth to the Senate and House Of Representatives
copies q he protest 70 lie Boards Of Trade d
T. 7'sn' ss Il !sss; sss1ent,a9
IN IN the asy, and he hoepitaties Of tha Bosrd and
an eIcutnion On he 1ake were rendered to the
fron the Canadian authorities stating that 1t Fnl
the intention Of that Government to take OF the
hs 81 ee
VISITED ae towns Of Albany, nj, and conanehe
dlsaster Fl .desolatlon. Many Wero rendered
homeless, thelt crops were destroyed, and thefl
condition was .lsh Is to excite PITY Il thc heart:
ofnu; These ntEsortunes were brought to tht
knowledge Of the Bosrd. which at meeting OF
the eth Of Ju1e passed resolutions Of sympathy
ecspens to be applied to he M Ieiicf Of s he suffer
ers. Rev. Robert llyer-Miaister at Large-Wa
selected rs the bearer Of these Contributions.
4 | L.
For the information Of the members Of the boaYd
the Earehoueemen were requested to furnls]
weekly statement OF the amount Of grain in store
E gether win the name Of the vessel on which !.
wBE shipped In October delegation Of the mel
nea Ct to 1s 9se Bc. se3 as hs fh
accepted. On their return they sent IN invitntio
to The Chicago Eeard o. Trade to pay the city c
The business CONNECTIONS already Existing betTee
the two ctt!ce. The Boafd accepted The invita-
a1b "a The 5s Of &c 9bS; @
} of attention ana Kindness.
1hefhiTcenth aEDnal meeting HAH held in Apti
61. The aftAifs OF the seeoclattonssttu peospered
and the lift OF membership bofe seven hundred
md TWENTY-FIVE names There being su1p.n
invest 1t in some good security, and on resolution
It was ordered that q go be invested in Chicagt
Sa rs Se IN
q Efain~5si cafgoes eompsieine 4e6 bushels
sna Sefed Vie
Prcsidcnts; Seth Catlin, Secretary, and Georgs
Watson, Treasurer. For the further interests o
navigation, it Was resolved TINT committee b
! appointed to take the necessary measures to hAv
tie bar at the entrance Of the ha1bot, dredged on
20 as TO a1otd not less than fourteen feet OF wate
TIE REBELLION.
At this time our National affairs were in yer
critical condition. Several Of the Southern Statc
had paesed the ordinance Of secession and fofme,
Southern Confede1acy. -War scanned imminent
ard with the presence OF an old imbecile IN tn
Meeiste1ial char, the people, forgetting business
only listened to The rumbllng Of the coming storm
On the 12th Of ArfIl, 1861, tie first gun WIS fired
and on the next day Fort Sumter TINS ey1cuatc'
ten, s. G. Quick as the lightning brought the snt
Sss. T S,Ss ffasd a fy e s
Strong men threw down the implements Of thei
calling and, gun In hand, started Tor tho rendez
and regiments were quickly formed. Hero begin
I the glorious record OF the Board Of Trade,
which has ever, both by word and deed, proved IT
this time received from New Orleans and othe
cities On the lower Mississippi. accompanied b,
the gold, requesting cur grain merchants to nhil
te toss 6n the er
here 4 magnificent neta1a and eE3pes" Tnspur
cbased and nnfolded 10 the breeze, over the Bosr'
Of Trade Rooms. telling plainly TINT nothing bu
DERASdEp CURRENCY.
As d consequence Of the rebellion, the bankinI
owing to the fact that nearly al the Illinois bank
were baeed on Southern stocks, which then suffer
ed rapid depreciation: This caused unnatuEa
ket value Of ali articles Of produce, and conse
quently great 1oescs enta11ed upon those doing bu
siness. The raluonds and the banks cecil ha,
their spse,t4s tie aep5;eScMatop u at w91c
day they Hould be worth ninety cents on the dol
lar, and the next not over BeTenty. Advertise
ments were published daily containing Tue name
would be received, either in deposit or on pay
Iuent, Theee lists had the appclation Of "lon
listt' and "short 1fst''-the latter containing tn
names Of all banks whoee notes, based On tasg
81 4 slight discount, while the former comprises
those whose circulation WIS baBed on southcr1