, 1874-02-24
~SlV9lvlErXNE.
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The Board Of Trades Annual
Summary Of Chicago
Trade.
Reports Of the Secretary and
the Board Of Di-
reotors.
q Marked Increase in the Various
Divisions Of Our Local
Business.
Veriacation Of The Chicago Trib-
uno's Annual Reviews.
' :'.-.,
How and Why Chicago Weatherod
the Financial Storm.
Treatment Of tho Currency, Transporta-
tion, and Grain Problems.
Official md Statistical Proof Of
Our Commercial Prog
rcSS.
How and Why Chicago Weathered
the Financial Storm.
Treatment Of tho Currency, Transports
tion, and Grain Problems.
Official md Statistical Proof of
Our Commercial Prog
reSS,
Receipts and Shipments Of the Leading
Articles Of Produce.

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Wa ,,rsr+ ho,,.w ,,,,,,,,,,,.,,, a.. .u =.
wv p1iut po'o" 4o1um4nouS e3tracta from tno
annual reports Of the Secretary and Directors OF
the Chicago Board Of Trade, together with tho
totals in tho various tlenartmonta of commoroo
showing tho trndo ~ r1b;.o - r. t,o LAT ,,ao
1' '''N' y ol.e@to ''t Wv 'A'' ''"''
ALE 7l.ok'is4Ats - RHfoHT.
..... CHICAGO, Jan. ], 1874,
Charles E. cutrer, Esq, President;
so prcaont n vonrao,S tho ,,ar,,sr. - t,,o
po..d - ~. . ~. w , uolo " ,a'
o"A4 ~ @1"uo' a"o o1neta tnterehtea, tno elx-
teenth annual report Of tho trade and commerce
of Chicago, embracing tho atatis.ica1 oompila-
nf ,sindrnd @ natra - r. lo.o au otner mater
rnon+s - .,a.% So. ~ 80 p1oaeutns tneno s'ase-
~. WaS W plope1 to 1etef eomo"nht IN do-
tau 70 tue loadlng characteristics Of the yoar'a
bns'no0s' md perhaps, take hasty Wow, both
aitn.tion IL , hrai,,nss 4o,,,t -, 49,, o9A"'
n..s,.- 49, ~. ouatuoso o eo''4s VI sio"'
oai1ns 1no "tss o'gh1 anu half months OF
tne past year, tho business Of our city was
marked by grent activity and a high degree OF
prosperity and. i}urfn1 tho rama,ndor rndor
no1.as1.:,.. ' I.a',s 6 ~ Aosa'nueA, uuo0t
s .4 ,'I4, 41uuoueo6' nas pfosperea 20 nm
e1toht nardly hoped for during tho lattor part Of
THE WIDESPREAD CREDIT PANIC
,y1,ic} fo1, ,nop ti,a oour+r, In aor4o,1,or 1,,.
~. ~ apon NV t eoau"5 ~ oopt0'npof iass,
"a, ~ Nne "hen ouelnoss I'D tnle city IN oil
branches wns most active, did not, Of course,
pass over uR without serious temporary derapee-
ment and differentiation III financial a.rare II
soomcd acnrcoiv -,nsa,,,a -. 1 .a "ua0' a,t1 ~
eosoto4o ~. sn1e eaey, luss
el4oisne iao!n tao enoo's OF tne alfo cala1mty
Which bofoll 1t two years previous, to reouperats
under many weary months OF struggle aud en-
barraegnent. and, indeefl had MI an actira
foro,o1, 5or,,nl a~,otaa ~ .s,s.a ~ W ,s
'n,, t4 uoA'@"u oA'a.ou tor tnoso bsap1es OF
might, and probably would, have found tho re-
suits much moro aerious than have boen realizel
Individual embarroaamont ,,rao,1toe1, .1oar
.~iat T., .,,,n s1sss.. ss"a 49, a1u.5 aouut5 uoes
o1'es ~ oul niast. apa ~ many lnstancos "hefo
n! cso9t nas oe9n optahoa on entorpr1aos not In
msu..aato'y pIoou!9iHe. OF only parity developed,
saeE.ncos may atill nave 20 be submitted to but
i, nave safely mcatherod the storm and now, at
~ ~ uutao. u low year. Win haus 1nl-sprcad
W ~ tasot'nS ureeze again fltlcs malesticallY
" - 1ot Wy Onf Carly recovery from tho shock
" .no nnanclal au1rlcane Whlcn 30 completely
h.aas1oo sonie Of our eihtef clses, "as In large
@'s"'"i' "s,a1nutao.o rl1oa . ~ ~. eae
l., ~of,,a;,,.s WISE 81 faL599 3L59 or t, pun nAhks
oiun sma n pngs ahu aopos9rs n
anausnos!zeo % anu ege cerllncases OF naebsed-
nGbs, notepy 'nsseao oi aaslstlhg to allay COZ
sttip3uehe, IN no emall aegroe, to increase the
!eon'i6 " ulstIuSt 70 ln1cctlous anu almost UNI
t;va ~ t%a Mae noaemo1sny hna mohs lns.rne
ro11cv os & sas r,, ~ 1oom m T. paeane sa.saS9
ssaist to tp a1tont of thoir abit1 1S y tnu MGH
ho denes Of tho ' mement e: N s
non thcir ror1t nhon hans y ngv5 N ufans @
tbev u a1 70 ~ hna
;m,.st e 49,; SI 10y - 49, az aos'o.