, 1869-05-22

Finn, r.. p.a yhs.oo17 ~. q a.y als 1l;ls = n
Com, ~ "a. Portt loos. Iasd, Sd.
IATxR, 20 r. l.
Red Thest g. ID Corn, ia ID. Rest unr
Our growing commercial needs require eoztsid- |
e .ole eztens!on Of the facilities for c1ehaage-
The Board Of Trsde Building IL II present large
enough for the wants Of tie member, but the |
Open BoaFd has long been czRmped fer room, and
i > low rsoIoscd y e1ees building for IT, ac-
eomtuodsdon Of Its membezA Immediately south
eass Of the Chamber o1 Comme1re, and west Of
made foT thu Building, subject oniy 70 the act1on
ASKED OF the Common Council, that they win ex-
tend Exchange Pace through Ia Madison Hreet.
making The Southern hAu twenty five feet vide,
uniform with the northern half, which has long I
been open~ II Is Understood ttat the proposed |
widening IA approved BY III the property cwness |
Interested With the Enete exception of the eitJ, |
which controls tha strip behind the LA9a1e street
engine house, and auoxs II to be used for the de-
position Of nAnure, itB own ordinance notNtta- |
standing. |
The proposed measure Ia really 4 commercial
neoeantJ. The Open and the Regular Boards are
20 closely Connected, tho Memberships being al !
nost Identical, tha. It would be great inconveni-
eDce to sunder theae places Of meeting ioE the
Transaction Of b111Desa, and there Is no other
place In which the Open Board Can be aecomnao-
H&+G4 WAAAuAk kVM& RQ 1XE &Wk II 10 44flQc k1t
two- The matter ts regarded ~ Of 70 much In
poytance that petition circulated on Change 90
day Teceaved three yxSds md 1 half Of closely
written signatures ID double column, being signed
bJ As uany members Is could obtain accezs to It.
The matter viii be brought oefora the Council 1t
Its nexr regular meeting. when that hcdy will de-
eide between the rival 1lAin,1 Of the Ha1nure heap
End the commercial structure.
There il smother and, perhaps, moro important
~. consideration II fl fDtAnf7kH tn
bulld Stock Exchange IN connection with the
open Board structure, where Stock Board may
hold daily sessions a. In New 1o1k, and determine
the price Of Western stoefa, which sfe now
largely subject 70 arbitrary quotations IN the hb-
sence Q! any recognized raazt for their bale. The
old Stock Exchange, formed four and nAf years
ago, demonstrated the usefulneaa and The neces-
Hty Of tneh N organization even at thai time,
though II waa obliged to snxpcnd opc51dooA pFfn-
ctpauy In consequence Of the heavy decline In
valueB which attended the close Of the war. While
the consequences Of that decline hare been re-
covered from, there Il now much greater heed
for such IN institution HAn hen. The building Of
the great rsctne Railroad has opened M Esss
extent of mining territory, much Of which
ses ks Chicago tts headquarters, for the
| csptM and the muAelt which have developed
those mines have principally gone oEt frotn tais
ci.y. and our location determine. this Is the Oh
| tectt1e point IN the world Of mineral activities
even more certainly Than wa4 determined long ago
| In the case Of the CEREAL products Of the North
| west 4 great number Of mining companies haTe
| their offices here, and yet Ee hare no barometer
| hy which to measure the fluctuations lu the va1ue
J IT thelr shares. The Stock Board will furnish
those indications, and enable people 70 oof ana se
| Understandings, while there can be no doao
tbst the votnme Of txauxacaons viii be largely
INCREASED, End the selling Taiues Of stocks En-
hanced, ty the facility Afforded 10 natp of lars'
| and Small ucaus to inyest theif money with IN
knowledge thas they ara doing ~ IS eheaply Is
| permitted to Others who have made the aub}ec
their Study ....... ...
| This, however, II bat one branch OF the theme
There is no rrazon why or Weate1n railroad an
Improvement bonds should not be bought up an
sold in home market Our local bonds at
made payable Ia New forE That was We
!: enough sezes7l years ago, when the money csu
from the East, bot It would not be 80 nox Il v
. | had IN established market Of ot11 own, any NOR
, than Ne wonld depend On New York eleattn
| | house TO hold tAe balance between our banh
Large suns Of money nrr invested every week b
parties In this city through brokers, an Of Nhtc1
> ! and mach NOR, would be turned oFer here, wei
the resui1ed facilities Afforded TOT doing t.
LATER.
At the "open Do.ra " the denani for No
sp11nK wheat WAS Of moderate character, AZ
prices were tlm, che market cIaklnG at Sl-l5 Aen
: Nay. Corn and outs were dull, and prices non
nal. In the evening No. spring wheat closs
eteady At t1.15X f1t cash Nothing done In hi
u treghts OF proEts1qhs ....
3 There was good demand for lse hogs. q
PRICES were t1rrn at slight advance Tna
cespts wc1r ateo head ana the saiea ASST At Al
Is within the range Of ts-5oaato for common
II ! choice. Tho cottle market was fairly active, Al
! the feeling developed wha one Of hrnnesa. The
It were received - head, and sold ots head ut II
t @1an for COMMON to choice qualities