, 1872-10-10

| olutiona complimentary to s:epbea 4. Dough-,
and General James s2iesd. 1oz their services in ob
Il lie nsoi. eenssa q tl nrosd = ea H.
daily meetings Of the Board wera so thinly attended
taas + ,s hspsd ders9; | M the Of meeting xoulS
between II m and P. n By the time q the anuu7
meeting IN 1851 The aairs of he Board had become
enee On the wrurE side Of s165.e6 and no assets
Another assessment at a On the members was
made, and the institution went On. Frequently during
that year but .ber put IN appearance at the
hour Of meeting, and It is fair to suppose the transae
tsuns e the Board we7e rather limited Theirs were
member appeared In 1852 the Board changed It's 10
cation to the Of South Water and Clafk
whese the fourth annual meeting Wa. held. There
bers. Another removal made that year
to No 8 Dearborn street. where the fifth
ant Is st.,ed ts yrar Sele he eqasl
zson of rtes for the handling Of goods and the ado
lion Of resolution to found bank with cspits1 Of
Chicago {Goo. Smith probshl5 saId naw3. It also
resolved to appoints COMMITTEES 70 take eoundtngs Of
tae chicago has5o5 and Petition The Common cSa9S 3Sa
members S IS 70 @ sten and T It Tbs Inc happy thoosst
proposition was Instantly and nnaaimoasiy adop.ed,
that the Secretary be directed TO furnish fzee lunch
consisting of crackers and cheese with glass Of ae
the Board began to increase and its fortunes
It is common ssying that tho way to mems
Board Of Trade IN 1ss3 improved On this adage by
discovery that the way to their brains and enterprise
hes through their sto1nachs.
In April 1854, the sixth annual meeting vas he1d, -
George L. Gibbs President ". D. Eoughtslng Vice
President and James E. D.1lih. Secretary and T1eas
urer. The location of the Board vas again changed,
this time to the corner Of Wells and South Water srte
tover Purington scrantons store> where they paid
$50 per year rent and allowed II. D. Wilson the use
Of the rooms for tang of them The transactions
ff RaHff3 fnf4np th3H beQEn to incfHAeA In
magnitude.
In april 1855, ut the seventh annual meeting, Hiram
vas sa saS mtsss Rssas7 B. x,s
warmly interested Itself in tho Georgian Bay csasi
to advocate it before the Canadian Government It
may be remarked, IN this connection, that they
hoten toq 9se bt T Sesond ths nothns
WAS done, and the thing WIS passed over and sppa-
reutly forgotten
It appears that about this time the daily supply Of
crackers and ale in sore way neglected and the
attendance Of members soon began to fall Oh and be-
come email by degrees and beautifully less" Then
adesdEhessds s to Keep out whom doo1-keeper was
appointed, and the Board ag1m went On honEkhingy.
At the eighth annual meeting, in April 1855, fo1Jhve
new members we're added, and now the Board uas in
prosperous condition than ever Charles Walker
elected President e.zls Of admission were issned
stssadanes of aSe1s 80 20 GOD shal.ss sesTshents @
were ordered to be discontinued. From this time
onward the prosperity Of the Board ,*ss unintenp,
for 81 90 PEI annu, and the hour for 6ai1y meeting
changed back to 9 T. m AZ evidence Of It's prosper
one hundred md twenty-five new member. we1s 3D.
rnitted-
At tho ninth annual meeting, tn 1851, - members
prosperous, Ill r L WeIs, formerly connected Nth
the Press, WIS appointed : Superintendent, to look
.stes IL Interests aaasr taaEy q 500 yeas At
admitted. Julian s. Ru,nsey elected President 7.
a. Barber, Vice President and r. y. Mitchell 6ec1e
tzry. The admission Of members WIS now confined
to setna redents. Ths Offices OF Secretary and su-
peuteodent wsre consolidated the grain Inspectors
duties were defined and IN October Lee Armstrong
were given permission to dtspose of stocu twice
week at auction IN the Of the Company. new
charter vas obtained, eonfefring privileges conmen-
the city, and this charter ws with set Of rules
proved
At the time Of the eleventh sanu.1 meeting in 1859
tss sqoa '0hR sas
ing On South W.sss s st1ss :. Pc per IN Thsss
roouns thsy took possession of II FebEua. 1850, snd
cent han which stood where We now a1u unti IL d.
1uction IN ths terrible condagrston of the sth Of
ocsober. ISL n April 1eeo, The tEslf,h a .1no.1
Earehousoren we're required to unste weekly
Of grain in store and daily reports Of ship
menta- In April 15G1, the thirteenth annual meeting
eas held The ron nov contained 72s members, sad
The Treasur1 held In his hands su1p1us Of oTe1
Is ooo. In thIa aonih tho rebellion hsnks out, aad,
when the rebel Gag hoitted Fort Sumter, the
stars aad stripes were unfu1led orez the Beard at
Trade Of Chicago
It would gire uo.peakshle pleasure to speak Of
xhole four years os civil WIZ your body
n its devotion to the Union but the history of the rt
{ bore in 1he bloody CONTEXT aeeds no sssl hee Inc
perish1b1E- -
From this point IN It's progress the Board rapidly
&sS s%,II I1N-~ zx,N@ @fA 11A
it's transactions began to attract the attention cf the
1e7t commercial centres of the country. Its 1ubse
occupy yuur time with any detailed account Of it's
official -aca. From the smallest beginnings It has
,eoo1ne at great numerical strength, Numbering
mo of the most powerful and influential commercial
organizations In tho world When the few public |
iFst assembled in that little room On south Wster
'treet twenty-four yesrs ago, Chicago contained
oopnlation It only eo;ooo: For yeass The annual
hst It would hardly be sufficient to run modern
'corner" IN anything for week Tho volun1nous
etay md ia On e .s5as EACH Sesr furnish n
interesting study for the merchant and bEs.ness man.
900. In 1850 the shipments Of corn wern asao o13
nd 50 the number Of hogs packed were
aose During ths last wi xn:es inn iapedass,y sue
UT neighboring Cities supposed had destroyed our
onmeTee the number packed exceeded ooo, ,oo0. In
S65 the total receipts Of i've hogs for the whole yeax
ree From the LIST Of January to the lst Of oc-
obeE, 1872 the enormous number Of e,1s6, ,o44 hogs
i've been received in Chicago-an excess of T&2,9I0
ver the sze period in lss1e.ud the CRY Is st they
ONE During the eamo time, being the dret nine
aonths Of this year. the number Of cattle received Is
= 433 Of 60 00u the sazno time in ISL
have Official Statistics Of the receipts for the pres
Mt year Of many ether products Of the country which
rex market here, but hare NO doubt they VIII
how in Up8t 4 CORRESPONDENCE 4QcIE1eA~ /
a 1860 the number of pounds Of wool received
ere WIS aso,of8. In 1871 there we-e reeei:ed
7ooeeu Ms In 1850 We received 16o 0U0 600 feet Of
1nber. In 1871, 1,ooo, ,oo9, 900 Of feet. But
III not weary yon with these dTy details Familiar
) they u1ny sound to you, these enormous figures |
lraze md excite the wonder Of the world. When we
r IN mind that the Transactions OF your Bosrd ate