, 1872-10-27

1t was announced on Change to-tatT that Geo.
Armour 4; Co., who have recently assumed the
that parties holding receipts for grain issued by
that firm should present them for examination.
This step, on the part Of A1r. Armour is just the
one that ought to have been taken several months
ago, when the trouble with Mum d Scott's re-
ceipts originated There was then q rather
widespread fear that money was lent OH grain
receipts which could not be redeemed if present
ed in company with an empty vessel. Whether
or not there we're then any grounds for this fear,
there need be none now, as the validity Of
At the came time it is only
natural that the incoming firm should desire to
institute comparison between their books and
outside facta, SO that they may k,aoao exactly
how they stand, and for how many buHhels Of
grain their stocks are liable. 4 thousand and
them absurd. They may be all answered by the
statemont that Armour Il Co. are stalking
stock"
The provision packers and brokers' are re-
qt9eTstsd T to meet, meet, at ~ o'clock in the evening
for the purpose Of reorganizing the Evening"
Board Of last winter. It is charitably supposed
that the Chamber of Commerce is either not
geqd enough, or is too good, Tor the transaction
tain that they have not business enoueh 10 10.
both. These gentlemen hive hardly averaged
half-a-dozen trades per diem thus far in tho Sea-
son, but they want more time-that being - tue
essence Of all contracts"
The fact is that Afternoon and Evening
Boards are generally voted nqBances by those
whose opinions or. commercial topics are Eorth
anything. The legitimate trader can do all the
buying and selling be wants to do between tbs
hours Of 9 in the morning, and one hour past
| noon; and would like to be ablo to devote the
afternoon to Office. duties, undisturbed by the
necessity Of watching the course Of an afternoon
market, which IS more liable to be influenced by
16 cents worth Of vhiskey than by e dollar tele-
gram. Still less does the aforesaid legitimate
trader desire to be obliged to attend an Evening
Board, Gn9 thereby forego everything in
the shape OF family comfort, OF
social visits, theatrical entertainments. Or
weekday religions exercises. Yet be must suf-
fer this; 80 long as Evening Boards exist; be-
cause he i8 obliged to watch the market, when
there is one, though it be kept up mainly by the
loafng interest: who have nowhere else to 70,
and nothing else to do.
The respectable portion of the Board Of Trade
have long been restive under the infictions of a
system which giyee them no rest, night or day.
from the Sisyphean toll of Watching the course
of the markets. It is time they protested against
it. Let thg rebuilt Chicago show at least this
improvement, thst her merchants are able to
rise early enough in The moaning to transact
their buying and selling during The s'busiuesg
day." and leave owls to trade in the dark,
THE MARKETS.
There was little more activity in produce
circles to-day, and tho Lending breadstufTs were
frmer, thou gh with no especial encouragement
to holders conveyed in the reports from
other points. The receipts Of grain we're rather
light, and the shipping movement slow, though
f1eiRhts we're weak. Trading Was principally