, 1875-06-12

fuAEI6 Hu Mu1AE lD9 year 1E0Il Ll1fQR0 70 tlp k41
board u only ia ccnts, agaius 183 III 1a7 aud 191
LII 1875 and 2G.1 ccuts liz lsG6.
Lake frcights are oven lever than tho ahoge A9uses
now. How much lower wo cannot say. They arc re-
parted as c for wheat and for by eait 10 1uf
falo: but thcro Is to think Tint considerable
deductions afo matle c7en from tloso naorabiF low
hEEcs. shipper sekefl yesterday at what Aguro
ns lad taken vossel for whoat. 10 replied TINT tho
owners would TtEort 1t It 3c; and then nIicatcd that
ho did not wish to Interfere with their happiness by
conlrallceing tho staonltut or coursc Ao was right
movement has recently been made In Buffalo 10
advance Eric Canal frrfghta to 30 On wheat aud Te
OH corn, but tho parte1 engaged III It only 271
out Of the 5S01 bouts III Ito Er1s Canai srac. Tho
New York 1lmsa reports that t3s 6sctctArY Of tho
Doatouno'a Association Downing 100
letter on Monday Inst to tho President at tho
Association, demonstrating bchalg OF Tho New York
Lodge agatnst any oounteuanoo or support Of tho
strksrs, OF tho yisws md demands promulgated 1t
thc!r meeting. In couvorkat!on, he stated that there
WAS not at THU ttlna III Nav York auy demand for
Western srafu which cou1d for moment justify my
aue movement "A that begun BY tho Uua1o boatmon.
1t tho business prospects wnrs 1atesng, and largo
volumes Of fright xere offering 1t would 10 vol to
cons1ef tue iroriety Ut ayaucluR frpighk rates. IL
they are now 10 low that, with ths small bus!uess
doing. lttio or proAt eau bo made; but It would
neyer 10 to attempt 10 cripple Or Inpele tho splsts
Of commercial enesrriso by increasing tsteA 1t
haIA AIap ~ tllS1 AuN %4lGA& l3llllAo Nlen
would fnA 1t out to tetr cont. Tho whole mov@,nsut
wus engineered by three os four mon who own from
fftecn to hfty bouts cac and who aro wording in col
1uHion With the laitdemtn aiI "scalpers.p They
lad Induced lot oi smaller owncs TO join Ia with
them, WHO III ablo 10 Withstand any loss but
who would before many wpokR 200 reason Ia regret
their preaent nc!on. They would ito up their boats
wEing for sargoea ut the higher raoa until shey had
Lost yl&nabo tiIno a1l opportunities and would coma
out AS tho dupss Of the larger ownera.
GRADING GRAIN IN NEW roRK.
Tho new rNes Of tho New York Produce Exchan1e
for the grading OF gyuIu tins commented upon ty
Nj. stlwel, of New York to Time rupo.tor In tat
CITY, lie conxdarsd that tho change would be highly sl
vansageouz In many ways, anu would make New Yosk
the gruin market Of the Vest - 1t wuul enahe s1na
shippers to forward tho!r produce direct
without tho intervention Of auy ppe aul
would do away with the oplrcsslye charges
for hghtagc. Ono OF Tho greatest advantages
gained was that tic uniformity Of grade would be
established Which would abolish tho custom Of soin9
by hampfc. which waa atwaya against the seller Nlsn
sale 1aade by aamlio theto wss always NJ oppor.
tuntty for tho buyer 10 throw up hts contract II he
found that It ~as 10 Ills interest to do 70 when tie ttno
eas for receiving his RrAn Uudes tho new rules thts
could not be done, tho purchaser would have 10 buy
grain Of certain grade, and # TINT gysu 10 him
ho would hsso excuse for rrfuang 10 tu!ll his co-
tract. II would aao secure 10 shppers coming from
tho other 9ido more quality Of grain. Another
advantage galnol that tbs sy4tem ,nAsscd the
graan. rendering steamer shipments rasy oIected
Dy Tho old way, shipment Of cu0Jo bsials Of grsin
by steamer involved the employment Of very largo
number OF hoass, becauas ~ each particular lot OF
grain had to bo shipped a. purchased It very oftou
happcnsl that lighter would havc To 10 10 number
OF A!acrpnt ycaselB delivering only two carloads to
each. Unler tho now systcu wloio boat load could
10 ssnt to one vcaFe no masur from how many tYss-