The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1880-11-29
TnEADvANcE on GRAIN sToB.AoE
At the b. q o. r. n. Co.'S Elevators at Bal.
timore-A Protest from the Corn and
FIOuF Exchange.

At the r. d o. *. u, Co.'s EIeVntofH nj bul
timore-A Protest from the Corn and
Flour Exchange.
BALTIMORE, November 27.-The Corn
aud Flour Exchange to-day, in o general
meeting, adopted resolutions protesting
against the notice OF the Baltimore and
Ohio Company Of an advance on the stor.
age OF wheat in their elevators, to take ef-
feet on the 9th Of December proximo,
and committee was authorized to wait
on the officers Of the company and protest
against the execution OF the notice. A
series Of resolutions were adopted by the
meeting in which It Is stated that in ten
days the pressure at the elevators may be
relieved; that there are now 100000 BUSH
els OF wheat less in the elevators than
there was ten days ago, with the ship
ments largely exceeding the receipts,
and no good reason now exists for the
notice or It's execution. The company says
that II the pressure in the elevators Is re-
lieyet,. and no blockade occurs, the reason
for their uotice will be removed and the
order will not 90 into effect; that 1t Is not
intended or contemplated that any charge
for demurrage for wheat in cars shall be
made; that the sole object Of the notice
was and is to keep their road and eleva-
tors open for the shipment OF wheat from
the West, and not to permit the facilities
for storing and moving wheat to be mon.
opolized by any parties; and that In pur-
suing this course they are simply follow.
ing a custom we'll understood and enforced
in the West whenever necessary TO keep
open the channels OF trade. i
The American says: The firm OF David
Dows & Co., New York, instructed its rep |
resenta,ive here to withdraw the signature
OF the firm from the protest OF the Corn
and Flour Exchange against the additional
elevator charges proposed by the Balti- |
more and Ohio Railroad Company.
Geo. p. Martin, OF David Dows & Co.,
says: No doubt the railroad company's |
action tended to demorAlize some few Of
western shippers, but only temporary and |
without some action 1t might have been |
worse in the future.
The West, he says, is not at all alarmed,
and trade will go smoothly on as usual. |
We have written to our friends in the west
who want to trade with Baltimore TO 90 on |
Ab u6uhl, US lueIe are uO DIeAAtIb dueAht /
and no trade troubles to be looked
for.
William N. Cooper, Of Milmire, Badnan
& Co., OF Toledo, said that, in his opinion,
the imposition OF additional storage
charges was the only thing the Baltimore
and Ohio Railroad Company could do to
relieve the elevators.
~ have seen," he continued, ''that
the Baltimore and Ohio officials have been
perplexed for some time. Their elevators
have been full and they haye been storing
grain outside. Something had to be done.
It would probably have been more judi
cious TO have given longer notice as to
.hat protest. Had the matter been ma
snrely considered, it probably would
never have been done. Several firms re.
,ret having signed the protest. Our sig.
nature has been withdrawn"
Samuel NJ. Barr, senior partner of the
irm OF J. NJ. Barr & Sons, which suspend.
ID yesterday, says they were preparing
for their creditors. There Is
general belief that the firm will resume
business.