, 1873-12-25
spending dato ono year ago vas christnaa Day

S;;;';; 5;; $;;' s.; ;5'; s: ; ~ Ell;
n;a$ ;,ss $,nss 'ss: Sl;: s5 3Ss:
rotstsss' s ...": - .:". ssssss:":..
sh"K1es, I"sSs; M. .. AZ S. MSis M :...:::: ]
aait asith' 'trIs m;' ] ...: '"i;oo i;o .... 1,s15 .
withdrawn from storo ycstcrt!ay for city con.
sumption. 1926 bu cot1. 0BB bu oats; 1890
bu rye; $40 bu barley.
Tic following grain has boom inspected Into
store thia morning up to 10 o'clock: 27a cars
wheat; IS cars corn; % cars oats; cars ryoi
as cars barley. Total, 09s cars, or 141 ,000 bu.
Thursday loing Christmas, will bo observod
"a holiday by Tho Board of Trade and gen.
orally In business circlos. Tile State officers, Ii,
the Registrar mid Inspectors departments, will
ment viii DO actua1ay suspondcd except In 1.-Two
stock aid provisions, which will be quiet,
though probably not inaotiyo.
1ha Board Of Trbdo today adopted tic rcsolu.
.p Sn sssrda H. on" sAs tue .ss2 mSa S
necessary, except "a . formal measure. tie
cloyntor having boen placed in the caro- OF tho
Illinois Trust Co., Oh tho cornor of Madison aud
Market Btroets. whcro tho loldors OF tho recoiptB
ato requested to register their claims prepara-
tory TO delivery Of tho grain- Tho delivery Of
grain on the uongl receipts waa refuHod this
morning, nrd the deficiency noted yesterday Las
not bcon mndc up.
lciency haa occurred ainco tho Investigation
recently undertaken by the Board Of 1radn.
On tho 25th Of octohot tho Measra llough
shipped out nbout a. 800 bn Of corn, mud can-
they had 25,0o0 bn oyerplns. II now appears
that tho alnsng process Ind yielded tflom o1ily.
5000 odd bu Of clear gains, leaving them II, 300
blu short.
It Is about tfmo that the rights Of grain-own-
ore, IL not the mnjesty Of the law, should bo
yndcnted. It III also time that change Bhould
DO instituted IN the mode Of doing business ia
tho Registrars Office so that Boparate invegt-
gatiou will not 30 needed evory Tow weeks tor
is tlion allowed to rot Oh till another. excite
| mont is raised. Tho next illyestigation,
| Which, It is understood, will bs made
ys spesa asa t,.n ought to sSe end IN Da s0S. @
lowing questions, put by wo1l-known operator,
opon up rather witle rango OF thought on tho
whole subject; and will bear a little oogitaton,
oven OIL Christmas Day:
SOME QUESTIONS.
| III the Editor qf Tle Chtc.,o Tribune:
| Tho aoports Of tho State Inspectors and tho
| Warehouse Registrar show tl,nt tloro are ro-
ceipts out aganst tho Hough Elevator for 4G. ga
| grade In store, showing deficit Of Al, ,26i bu.
| And that tLoro il in atore 8,823 bu OF "No.
corn "ayainst which there nre no receipts ailoat
aud 1876 bu Of "high mixod corn," with ro.-
ceipts for Il, ,3GG bu oxtras. showing surplus Of
theso Two grnlas Of 26,3a7 bu.
Query !. 10 whom docs this surplus Of
25.837 bu bolong2 Can tloHo holding receipts
for mo. 2 corn" maintain any claim against
grade different from Tint ssa.cd in their vouch-
nrs
Query 2. II the holders Of roccipts Tor No.
3" hnvo no claiIn Oh tue surplus Of tie higher
grades must not that surplus belong to the
| liougbs Aud il they be doclarcd bankrupt.
does il not then belong 10 the estate? And II
there il NOT enough Of tho No. 2" to moot
thu outstanding Receipts. must rot what there is
OF the No. 2" also belong to the oatate, md tho
holders OF tue receipts become simply creditors,
untl ousitod only to tue dividend thut may coma
through tho Aaaguoe 2?
Val Que class Of creditors allow another class
to be paid out OF property they can sloH NJ title
corn with which to satiHfy reosipts for 46, ,G42
bu, can tho first comor 10 allowed to tako
what thora a and lot the rest 90 without, or must
thut 5,37S bu BIO put into tho estate for the
benefit Of all tho creditors among whom per-
force Tho holders of tho receipts for 4G, ,Gi2 bu
OF p" No, corn " must number the,nselvea2
Quarry s. 1t Ia understood that ono Of tie pro-
prietors Of another elevator aad OF Change, on
Tuesday, that his house was "all astray" gu
tho upper grades Of grain. Now. it that is tue
case nnd that firm should fail financially, is 1t
not probable some more hodors OF "No. corn :"
will iud themselves in the position Of creditors
because therc III not euougtl Of tue grade Of corn
their receipts call for, while there tnay be SUR
plus OF othor grades to which they havo no
special claim bottor than that Of any otlor cre1-
itor7 For 1t must bo paiu that claim on " No:
corn" is worth no more against high mixed
corn thnu 1t would be against bauk stock.
Query 4. 1s this systo1n Of waioaousing which
permits the delivery Of grain Of ono grade o. tho
surrender OF receipts for another gratlo, chlou-
latod to inspire confidence in tho valuo OF ro-
ccipts2
Query &. Hadn't the State better lot go Of q
aystem OF warehouse registration which 10 for
hus proved incompetent to prevent troublea aud
only u Hnarol or else had not tho State botte1
require OF that office that it be- what the law i'll
telislcd, constant aud suro check OIL the eleyat.
or Byaton
, Query 6. Doesn't 1t seem as If tho past scan.
dals OF our grain tralo wore but prenliBeH ol
1Shat is yet to coms7 and yet wo call it
BUSINESS.
the raoDDcE MaRKEGs.
Tho loadlug produce uarlots wero weaker to
day; though grain held up pretty well, all thlngf
considered, wheat a1ld oorL, oats, and rye belul
more Of a desire to sell. all round, aud II wn
wicxedly suggested that some OF the boys lat
to sell iu order to get monoy wAerowlth to enjo,
tho Christmas tlianor. Thor0 waa nothing now t.
0 | nolo beyond wlat In always observable q
this date-a dlsincliuation to buy, except III sot
tlemont, Us a great many operators have o hol,
horror Of carl yins responsibilities oyor holiday
Tha recolpts wore somewhat smallor, which l.
moyomont in grain exhibited aons improvement
with 4 knowledge Of tho facs that thero is yor,
llttlo hopo OF moving any more grain out OF th
. Erie Canal lofuro spring.
There wele no now fenturos In tho market 70
d domestic dry goods Orloru from local Ind in
toror dealers were plaooa TO Il large aggregate
). and the market again presented D iirM. 1ealth
y tono. Tho demand for staple and fancy grocer
< les continues stoad1ly good, at Afal psicatt
Doar RI cofocs now arc, there
= strong probability that they vii
- 20 still higher. l.dsed Bomo holders Of
% now refusing to soll ut tho current quotations
Suguls aro considered eloap, and under liberl
] tlia fant lDllaE