New-York tribune., 1874-09-11
NO oYERCHARGEs IN FLOUR.
DECISION OF THE ARBITRATION COMMITTEE OF THE
PRODUCE EXCHANGE.

DECISION OF THE ARBITRATION COMMITTEE OF THE
PRODUCE FxCHANGE.
The claims of T.. w. Coleman g. Co., and
Jesse uoyt & CO.. against the Department of Charities
and Correction for -four furnished have been settled IN
favor of the flour dealers by the decision of the Arbtra
tion Committee of the Produce Exchange, before whom
the case was tried The defense based on alleged
oyercharges for the by the plaintiffs, and con-
Quoted by the Finance Department. Tue following Is
the text OF the ArbitI alton Comnittee's award:
Whereas a controversy between Messrs +. W. Cole
man Co. and Jesse Hoyt Co as plaintiffs and the
Commssjoners OF Pubo Charities and Correction OF the
civ and County or NewY as defendants (he latter
represented by Moses GcOdkind, member of the New
York Produce Exchanged having been voluntarily sub
mited TO Arbitration Committee OF the New-fork
Produce Exchange for their decision by an Instrument
In writing bearing date Aug. 81 1874 duly signed and
atested aud whereas the proofs and alterations OF the
parties were heard at meeting OF majority OF al an
IneuDers OF said Committee, and majority or those
present concurrng liz the following award, the SAID
Arbitration Committee OF the New YORK Produce Ex-
do hereby award order and decide that the De-
parment OF Public Charities ana correction OL the
civ and County Of New York Is indebted TO Jesse HOY
a Ia in the sun OF S66l6 55 for cost or 1888 barrels
G,nr furnished from july to July 90 1874 both inelu-
s,ye with interest until date OF payment, from hye
davs after the dates which the Department. OF PuD-
lie Chares and Correction had certified to the correct
ness of the several bills embracing said 1O53 barrels or
in fh sum of 3ls9 50 of 526 barrels Hour fur
nsed from Juue "a to july 49, 1874 both inclusive with
Interest uut date OF payment from nVe days ater tne
DATES on which the Department of Public Charities and
Correcou had certified TO the correctness OF the several
decide that the expenses of this arbitration lsO shall
he paId by the Department OF Public ana Cor
reclion OF the CIty and County OF NeW-lorh -.
I'm witness whereof We, members OF the sad Arbtra-
Non Committee concurrng therein, nave hereunto sub
scriOed names -. =, -,
ARCH. BAXTER, j. NJ. @. BOYD.
s. b. HARRisoS. JOHN II. BOYSros.
Tho Arbitration Committee hayus IN rails case been
reauesed BY parties interested to give the grounds
of decision and also TO record their Judgment on
h cnurs adopted the officials OF the city, which led
70 The investigation now ended 90 hefeoy report ths
following as their conclusions based on the testimony
Firsf The regulations OF the Department OF Public
CHARITIES aud Correction ncuding Instructions TO their
purchasng agenO were explicit, ana Wel ahhpted 10
fhe end buying in the mar&et ON the best
terms such purchases as wen as lot seeurns tna
rho uuantty aud quality bought should DC recelved
SefauT Tne purchasing agent carried out these IN
struetions faitbfuiy-hs only error Dehg one Vi
ment and that committed III commendaDIe enort
toward economy.
Thlrd The two firms from whom the purchases were
made charged ouly the fair market prices OF the uour
sold under the peculiar circumstances attaching 10 tue
delivery, and and mode OF paymem.
Fourth The Department OF Finance was Justned IN
demanding this investigation because the evidence In
its possession, until slled ana explained before ths
ommtee was calculated to give the impression that
wrong had been ooue. Ii would have been better now
ever all parties concerned II TINS INVESTIGATION cou Il
nave heen entered upon Immediately after the nour In
oneston had been delivered, aud Il would he well, IN
the Judgment of the Committee II arrangements could
be made similar eases ln future 10 seeure prompt
settlement points In dispute So that parties supply
inz the Department OF Public CHARITIES and Correction
with goods should not be required 10 walt unduy Tor
settlement claims: moreover II means could he de-
Used by the Departments OF Charities aud Correction
and OF Finance, together, whereby the latter could
settle all claims for goods lurnsned WITHIN lew uays
chasing agent on the New-fOrk Produce Exchange
would be on a par, as buyer, with dealers and eX
the present he has he disadvantage of represent
ing a system whose time or settlement Is most keIy ~
be prolonged, and Is In any case unccrtaln
&. ID. HARRISON. JOHN ii. BofNToS.