, 1873-02-14
WASHINGTON, ,,,r,
-~~55 r1e Past Year,
Fifteenth Annual Report OF
the~Board Of Trade.

General Business Of tr'e Year
Statistics~~f the Produce
:~~'~~ Movement.
The Secretary Of the Board OF Trade, G. Ran
dolph Esq, has just Issued the fifteenth annual
report OF the Trade and Commerce OF the Clty
Of Chicago, being for the calendar year Ao'z'
We make the following extracts from les pages
After sketcbing the difficulties experienced IN
resu1ninR business after tho tire, ana tne VOL
derful change in the popular sentiment 1hat ~
soop gucczeded the catastrophe, tue report pio-
ceeds:
bn-nad district but many fine and substantial erec-
ttans nye been made the West Side" AMI on the
~ the buildings erected have, with very fe" ex-
csptious been greatly superior to those desuoyeo
In fact it is common Iemash ps 1ssd eitr M
tien. md 1nish and sohaity Of construction. The
81 m contracts now IN course Of execution, j. scarcely
less than s45 900; and the CONTEMPLATED mprose
nalf IS much more. The building Of residences e1-
:ept Of small dimensions and cost has not been press rs.
I'd with the same vgor as busness mnS tha
Tha dsrcopuent of business has been no less r.
fr IT, The unparalleled degree
II sympathy manifested in chcagos saa t ass 1a. - ~
,s,ani4ina o1r merchants from quarters and to
m or.ort greater than hitherto. The general trade o.
eoc ,Ee le and forecst has reasonably profitable
Comparatively few Of our prominent nasa
OF nd nsay no in our history has
witnessed The appearance Of SO many new w1.n
and a os1 ssowh 81 'be es IN
1s71 DEVELOPED resident population Of s34 20;
The CONSEQUENT upon Tie BE- 1e @ PROBABLY r,9 r.
dneea @ oai m Before lie close of 1871 and has continued
sesaiy eince In October the city authorhes tock ~
sesxae 1es, aaaraF 1Pe'I popuiaon d Al the close
Of The yc.r should probably be sta'eo u n'' 0ss
ta1 Ths hoses trade Of the city in dry goods groee
tes irou: clothing boots and shoea drugs, ana the
se for is2 VII ttle les than N sggTdga.e@ Ssr @ o.
~ ynunsctures have, as rule, been conducted
sstisfactory epd much enlarged scale. s aae ~
far rnannfscurng purposes hns stimulated such
ss were already nangu1ated snd + draw
as sssTf grady enlarged oefsttens eesis,y
~ ~ 1,roduct OF such articles ~ VII hnd ma[ket II
e SoS5s q as iosa of a chesso
ee no doubt early day WILL develqP mo stSe
cenrs TIL ana 9'eer eIea fae
,an r the LANDS Of citizens as well "a stsangere
| q Il receives arted attention doAe: not snat Wa
shs ere many years become ID noted tor our 3o
Facriug enterprise in the past We hare oeen 1of
commercial Development ,o-, L. .,.fcp,,7,r,1
Large IL the business OF 1s.t u ["ar hat
rraod aggregate IL greatly exceeded os me se1r 1ss
Closed Ihe same is t5o Of lumber M ana ~ 70 te
tab1ss If compariaon herewith presented, Several
new banks have been organized during The year, aRa
lie banking facilities Of the city nave DEED n'4te1
eargea 10 the business largely transacted By
members Of the Board Of Trade, tt may %
na 1ae baa Is probsbly as WHOLE witnessed more
irgrary md sxeitensn e n 1he On spec
1:nn1 oa bas been enormous. and the tendency to'
has indeed been Rampant IT, ths na0ur nS
mania the more plausible one, perhsps, oe1ne na
fhat giving 10 large losses by our nre ana o1nsl n
swepng asn anIious to haxard On operations apparently
promising speedy and fortunate results 9at ns
account foI ~ The nc tasa ts,ar Vita th
hnsness tst much the larger portion Of u Il fIans
scted bT order aud sccount Of parties not
q sns md on cosaissson merchants are con
antiy In receipt Of orders for speculaase her
sseds sse many d whom Setats in bland b.
o;as Of saHbne deserving Il leaa mild ssnsuze to.
persons nnyng ana 1sse senns gint4
seng 1ei *s
rlassed AZ 3 commodity Of commerce, 2!
he facility With which the +. sa11ness nroseeufa fa4 t
e1"ad he Bounds ef prudsncc sound cotnmere1
nr;ncpleg Il must be borne in mind, however, tuhs
'nra s and thero can be no doubt that eIcc
1ntjnna Ia cra In this market have tho eject to re
our market at aghsE ifhnt nGa sne demand hen
fhe existence Of this form OF trading clearly "
the producer to reaze more fgs nc ptoRf5 sr
s:aaces. It ns5 b. safely assumed that operations
grin during the past yeax have not generally been
= profitable nature. No previous year has W1thesst
aifhoaeh 1Hiasa sanee Aaes but disposition
hssa se e1sT eplsn. Of 5es
wheat osts, and pork, on scale ana to an e1ten.
sosta To- have asited .asrous great
ar less extent, eome producing wide spread derang
ent and nsneiai emhar7assment l. L. nc? hopea @
.ions in the futrre but IN any case It 10 behesed u
entire security afforded to operators By recent nmen
matter Of aInpo margina, VIII, Il parties choose
avail themselves Of their provisions, fully protect bo
tse bty 81 ehe1 aet to stsae ee: engagements
Ecferring to tables to be found in the body OF Il
report for details to e ths aee to
Of the general features Of the trade in sone CT
principle articles.
The trade in -four has ruled rery quie: during
year; in fact, there being but little DISPOSITION
kpeculate In it, no e1citemeuts, such at times att
se orsjn and provisions observable in the marx
The demand, while steady, has not gensraay S "
Grades than IN most years. The local milling capac
lAroeIy reduced by tGe ffa 01 last yeIit e1o
u.rt OF It has been restored, is 1t likely to be
less better arrangements can be effected In regard
the handling Of wheat for manufacturing parpos
There now but TIVE mills II the city Of large =
racitr OF theee, the " Star and Crescent" reports
4nc Manufactured in 1879 119,1oo barrels, and I
.6ztentau I'm operation only Some thrse.fourths h
the year) a5s barrels tho entire manufacture Of
city being greatly less than the cty1a consnm2 II
The receipts been 53o 014 barrels, and the sh
1neuts 361 32B barrels. At the close OF the year
stocks throughout the country are unusually Light
WHEAT.
Th4 REGENTS Of wheat have been Il, ,124t III busht
against Il 49 C58 bushels In 1871 the falling OF bo
ef,-cr Id the first half Of the year, the result Prov
hat larger per cent OF the crop Of 1871 was Inarke
before winter than has been usual The htat se'
months Of tho year. has been intimated Waa n1a1l
b very speculative condition of markets, ana pr
yere held at point tlat prevented free shiptne
hence, end cae heavy stock d. during the sR
heen rooTr natural and r.. 7'ar- The crops harves
In both the last two years n-re been good u gus =
sud condition but in both instances appear TO
fallen below general estimates as 70 quantity Ths
fureof wheat IN Illinois Il not increasing
tie growth of population in fact the production Of
gratn eeems most profitable in the more nsw5.de,
oped territory Of the country and the wheat belt tras
eastward on an eyen pace with civilization. The G
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