Daily globe., 1879-01-25
such an organization capital idea for the city
and said he would give it every encouragement
possible.

ion than i've Doafu OF trade organization,
| and trust no time will be lost in giving the
movement vitality, promising it the earnest
support of our house.
B.. BEAUPRE,
the head of the grocery house of Beaupre,
Allen d Keogh, said tho only question was as to
whether the time had arrived. In Chicago and
other leading commercial cities, all business
interests lind something to interest them on
Change, but whether such meetings could he
made of sufficient interest to our business to
ensure success is e little problematical. But
the experiment is worth trying, and If business
men generally would but take hold of the mat
ter in good earnest at the start, have no doubt
that the necessary interest would be created to
insure entire success. We are receiving con-
siderable wheat and other grain from our
customers, and there seems to be
growing disposition among pro-
This disposition would undoubtedly be eucour-
aged and increased by a board of trade organi-
| zatlon made up of live men, which operate to
the general good of the city. The movement is
good one and hope will bs inaugurated and
which event do not see why it should not be a
success.
THE MESSRS. LINDEKES,
of the dry goods firm Of Lindekes, Warner g.
Co., had not given the matter much considera-
calculated to build up and advance the inter-
ests of st. Paul.
GEO. r. FINCH,
Of the dry goods house Of Aurbach, Finch,
Culbertson 4 Co., had no doubt of the conven-
ience to the grain and produce business Of the
city of such an organization, aud was of opin-
ion that the time had arrived to put il in
operation. Mr.. Auerbach, he said, was Of like
opinion, and the firm would give the move
snent s. cordial support.
J. @. ADAMS,
representing David Dows, Of New York, proba-
bly, the largest commission house in the couu-
try, would be glad to cooperate in establish
ing board of trade. If the merchants would
join with the commission men he thought it
might be made a success, He did not see why il
would require more than $4,000 for the ex-
penses the first year.
J. q. BoyDEN,
general freight agent of the Sioux City road
thought the only difficulty would be whether
shippers of wheat could compete with the
millers in buying wheat. There were times
when the rnillers paid four or five cents above
the shipping margin. 1t would be n good
thing for the city to have board and he would
be glad to cooperate.
COL. @. A. MORTON,
of the commission house of Norton, Moore &
Co., deemed the establishment of a board of
trade of great Importance. His firm would
welcome it, and take an active part in the Or
ganization and building up Of such an enter
prise If it should be attempted. The only ap-
prchension he had was that sufficient mum Der
would not cooperate to make the matter Il sue
cess. He thought the necessary expenses Of
such all institution would be about $4,000 per
annum, and il fifty men at 800, or one hun
dred men at $50 could be found, it would be a
success. His firm had just received a consign-
| ment Of wheat from as far down as LIE Mars
Iowa. and had made such a successful sale that
three or four other parties from the same point
were In correspondence with them, preferring
to ship to st. Paul rather than Milwaukee or
Chicago. There was wide field here to de-
velop. st. Paul was the center of a great
and rapidly growing producing region,
and the sooner the business could be central.
lied and crystalized by a formal organization
Of a board of trade the better it would be for
the city. Kansas city had built up 8 fine
board, and he did not see why St. Paul could
not do the same. All it wanted was the CO.
operation of the banks and business men to
make it a success, and he hoped the matter
would be inaugurated.
J. w. BISHOP,
general manager Of the ST.. Paul & Sioux CITY
road, regarded the movement us q good one for
the city, and he believed it important for our
business interests to have it established The
meeting together daily of our prominent busi-
ness men would be great advantage even if
actual transactions were not large.
FRANK B.. CLARK,
traffic manager of the c.. St. p. & III. (West
Wisconsin) road, believed the project feasible
and an excellent thing to do. He thought
fifty members at $50 each could be secured in
few hours. That would be a membership fee
f~r ~
for the first year, after which the annual dues
would sustain it, as the membership would un-
doubtedly be largely increased during the year.
He hoped to see a board organized. He would
see that his company was represented on the
board every day, and he had no doubt freight
representatives frem every road in the city
would be present.
E. F. DRAKE,
president of the Sioux City road. had not given
the matter any thought, but he could see
great advantage in it, if from no other reason
than the assembling Of business men at
given hour each day. If all classes, merchants,
bankers, commission men, master mechanics,
railroad men, would meet at a given
hour it would be d success. II
the men making the organization would agree
to be present at a given hour for thirty days,
the board would be success. The danger is
that there would not be enough who would
attend regularly, and those who went at first
would drop off, thinking Others would not be
present. 1t attendance was secured long
enough to break the ice he had no doubt of its
success.
g. S. MERRILL,
Of Milwaukee, the general manager of the Mil
waukee & St. Paul railroad, was encountered
by the GLOBE envoy aad brought into range
In response to queries he stated that he
believed Milwaukee had about 5O,Oo0
inhabitants when she organized her
board of trade. The Milwaukee & ST. Paul
road was built to Prairie du Chen, and the
Lacrosse division far Horizon. Milwau-
kee did not begin to have the facilities for re-
ceiving produce at that time which st. Paul
possesses to-day. The board organized there
moderately, with 8 membership fee of 800 or
sa25, and it now embraces all OF the leading
business men of the city. II he wanted to
meet any business man in Milwaukee he did
not think Of going to his office, but went or
sent to the board of trade between eleven and
twelve O'clock, and he was sure to find him.
A. B. sT1cKNEY,
superintendent Of the St. Paul, Saltwater &
Taylors Falls road, concurred with the views
expressed by other railroad men, and regarded
the project practical.
PETER BERKEY
expressed himself very emphatically in favor
of the project. He believed the city was of snf-
hcienrt size to sustain board of trade and
that 1t ought to be inaugurated at once. All
| of our local stocks and bonds should he offerod
| in such market as well rs produce,
WHAT THE BANKERS SAY
| Space forbids our giving this morning the
views In detail OF bankers called upon. E. s.,