New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-06-07
GRADING GRAIN.

TIE NEW RULES ADCIiLb ID ihi' i""A'~N-- $50
CHANGE.
After much dcliberatOn the rules for the
grading of grain have at last been reduced TO such form
that they are acceptable 10 the bulk of the members OF
the Produce Exchange and il Ia expected That they VIII
not be Objectionable to the railroad companies Oh
Saturday the Board of Managers of the Exchange passed
them unanimously They Will DC posted on the Exchange
for ten DAYS and will then become the law OF inc TX
change The rules themselves are preceded by articles
Of agreement between the Exchange aud railroads, OF
which Tic following the essential parts:
The railroad companies. parties hereto, may put 70
gttnr IN MarSnH'. tf nuTnosl grain II lie same
kind and grade without regard 10 ownership airI ihc
cordance with the rules the Produce Ia ham as
hereinafter sctforth bat nothing Ierein contain, u sI
De construed Aepnvs owners OF the right OF pftSct
ing the identity gram consigned 10 tlS Ilafhet
they shall 50 elect. subject only to sicD as 3
he made between themselves ana the iallro"u companies
# ia hereby further agreed that all questions of differ
eucr between The Ncw-lO Produce Exchange or any
III iuber thereof, and the railroad COMPANIES or clthtr
of them growing OF the inspection and delivery OF
SCnsi'upg oi mr. ~ S0' TcY"E Prndnce TxcI sic
by the railroad companies, or the company WIN which
ne Gont 9Vcrsy my "i5'S ~ o sii hc final
rs 10 the case pr seltcd
Following are the portions Of the rules which are of
general interest:
Tho Committee on Grain of the Produce Exchange SHALL
mn, the cxcruiion OF Ills agree mont, proceed cstab
sh grades for all kinds grain. and shall prepare and
keep the Produce Exchange standard samples OF suc
GRADES .and for the proper Of the grades Of
GRAIN established under tie prOvlfonso of this rule the
Committee Grain shall appoint an lspeciOf-n Cne
whose Of Office ana tnOse OF his appontocs shall
subject to the pleasure OF the said "olnnittee me
lnspectOrnChef sla appoint such number Of dcputles
as il, his opinion or In the opinion of the Committee Oh
Gram shall be sufficient to insure the prompt ana eLa
bic Inspection OF each car or gram upon lts aIl AT me
Hudson River terminus OF tlc railroads IL snail be the
duy of the Iusloc Of-C mel OF his deputies 10 inspect
and determine the grades Oh gram tsu9ecl 10 IN
spectiOD in the cars 10 supervise Tie weighing
of the ears loaded ami light upon the railroad rack
scales, aud to see thai such scts are III correct Working
order when III use lie snail keep or cause TO be KEPT
accurate record OF the number OF each car; the KIND
grade, and quantity of gran inspected, and weighed
cOnsignee He snail also furnish TO the railroad COM
panies returns in duplicate OF grain Inspected ana
weighed at The Hudson I,er oIin OF their respective
lie compensation for inspection shall be at rate per
car to be- determined and regulated by The Committee
Grain and shall he payable weekly 10y the consignocs
the Inspector-in Chti all sales Of graded gram, the
rules OF tho railroad companies shall constitute
a delivery of the grain as between sellers and
buyers, except in the case provided IN kule
OF the railroad conants, WLe such ceItllcales sii
cease TO be valid delivery between sellers and buy
no A. m and d. Iii. Dciy cries shall be known reSu-
lar when three working days including the day Of
is used, il shall be understood to mean four days rs
above Sellers SHAH deduct from their invoices tie
customary half Weighing elevation cost OF discaI
ing boats, any accrued dcmulraee, ana also, II nee,s-
s;Ty sufficient unaccrued denurrage To give buy crs
regular time for delivery, hercnDcfOre described
which charges shan then be assumed by buyers. Tn
deliveries of grain from boats buyers may call for re-
INSPECTION and the 10 be made before 10
O'Clock of the day following the tender; and II the grain
rendered in buyers ceriicde shall be found to differ
from the grade named therein then the seller shall bear
the cost such tnsecton Otbclwlse the cost or re-
presenting certificate and asking for the delivery OF the
grain may call for rcinSpCctiOn al his own expense
Insc,rs shall finnish samples OF grain Inspected on
arrival as OUT condition rchantable, for
which grades established before on the day
such grain Is ready for delivery.
Va between
inspection of grain snail he referred to The Committee on
Grain of the kewYork Produce Exchange Tor adjudic
Inc railroad companies parties hereto will severay
issue guaranteed certificates Tor gram consolidated and
graded under the provisions Of this agreement. The
quantity grain represented by each certificate shall
not exceed 5000 bushels except OF OATS Tor which the
certificates shall hot exceed 10000 bushels each.
These certificates shall be properly dated, and
numbered consecatlvely anu sBdiI state In detail
the Kind, grade and quantity OF the gram repre-
IL transferred, anu SNAIL be FURNISHED 10 the CON
signees before OF the dies thereof. accompanied
companies shall however. have the right to withhold
certificates until the freight computed upon the
track scale weights, as furnished by the Inspector and
an accrued charges upon tho grain represented by
certificates shall have been paid
four days. exclusive OF Sundays and legal holiday
including dates OF tie certificates, free of
one-ei,,nth of cent per busiiei per day. not to
exceed however so per day Oh any one , boat,
not which charge shall then continue until the dcnur-
rage charge aecrues, as provided IN Rule 10.
pom surrender OIL certificates 10 the railroad company
issuing the same with order directing delivery of the
grain the said company shall give proper receipts for
the said ceriCaes and shall promptly deliver tAe grade
and quantity grain specified therein at any customary
place of delivery in the port Of New-fork as directed
The railroad companies shall not be required 10 place,
free OF towage less than 1000 bushels OF one grade or
Kind OF grain az any point IN the haibor
After grain ordered, cOnsgnces or owners shall be
allowed three days exclusive of sundays and legal
hOlidays including That OF its arrival AT the seclncd
point or destinations for unloading and shall thereafter
pay $40 deurrage for each "A hours parts ncreof
ON each order for the delivery Of 10000 bushels,
or less Of
bushels, or less, OF ono grade Of any other
kind OF grain, until the Same be discharged, whether
sncb time bc within the original four days The
railroad companies shall Dc liable Tor the safety Of sand
grain until delivered III accordance with these rules as
fully as Though no transfer had been made from
but they shall have the right ~ terminate their liability
in the manner provided.