, 1880-10-17
Renewal Of the Agitation About Nov
.... >' ing the Board Of Trade.
Plans TO Take It to Jackson Street, and
Plans to Keep It Where 1t Is.
Option Secured BY the Board Of Trade
Oommittee-Mr. Ni1onts Scheme.
4 Quiet but Firm Market-Sales OF
the Week,
Rents on Wabash Ayenue-The Demand iol
miscellaneous Items.

! TEE BOARD OF TRADE, :
Mr., ". &. Nixon, Mr.. c, A. Kerfoot, and some
! others interested in central real estate have
| elabo rated plan to retain the Board OF Trade
I on Its present site and provide it with new
| quarters, which shall be one of the finest bust-
| ness structures in the United States They pro-
! pose that a building to accommodate the Board
| OF Trade, other open boards, the members OF tho
Board and such banks, firms, aud corporations
as may wish offices In the neighborhood. shnll be
ereoted taking up the entire front between La
Sale ana CLARK streets. and running back TO the
same depth as the present building. The
great difficulty in the way of such Il
scheme-that of getting the ground-these
gentlemen have overcome before making their
plans known. They have succeeded In securing
options By which all the fees and leases con-
cerned can be obtained for this purpose by May
l next. This done they have only to prove that
their plan is guod one and SUCCESS is certain.
The suggestive plans which have been designed
by Architect J. e. Cochraue not SIS the defnitive
form OF the building, but to show what can be
done, are attractive, and make the enterprise
seem well conceived and practicable: The build
the County building opposit: The central dome
Is 25o feet high, and the whole structure per-
on Washington BY 1S. feet deep. These dirnen~
sions allow Board Of TFude room several times
tnaa thn on The s
proposed room will be 1l:xls6 In the cienr, and
more than % feet high The present room is s7x
new room a light in the ceiling SO10o, windows
On Washington street and the nltey. and targe
court OIL each Of tho other sides. Under this hall
there would be four large Bourd rooms about
sixty feet square for smaller organizations.
The building. besides these accommodations.
would yield aS m room foe & sso offices It would cost
the revenue 10 stockholders would be at least
per cent. The Board OF Trade would not be
new room nm was "a lin tinished. Ghamber @ of commcrcs an rec
stockholders would be given new s1ock ut par in
exchange for their Chatnber OF Commerce stock.
new enterprise were Obtained with extreme dif-
dculty: and moat OF them are expressly given
ar for this purpose only The 9a'y question
for such q building be easily raised?
This scheme Is much more In the true interest
Of the Board and the public than the Wild plans
fur moving the Board Of Trade out OF the busi- ]
The Chamber OF Commerce point out with a
for IT the Board Of If Tpaae to Ind e eniarxed
accommodations Is to look for them Ia Its own |
huiidtng. By throwing the building south Of |
the Chamber OF Commerce by bridging the ALLEY !
and ruking down the interior partition walls |
thnt ars in the way, 1t can secure all it needs-
present quarters, into which tho southwest wind |
will always blow on hot days. which will hare |
bs M q o its
Enough elevators eau bu put in to overcome all |
the difficulties OF the stairs. |
a special telegram from New York gives the
particulars OF another plan about the Board OF |
Trade. 1t Is as follows:
Spreraf Dtspateh to Ihe Chicago Tribune
NEW YORK, Oct l3--CRpstalsts have been ap-
proached with view Of enifsting them in the I
erection OF a new building for the Chicago
Board Of Trade. Tho special committee of the /
Board to whom was referred the whole subject
OF removal have obtained from Mr. ". L. Scott.
Of Erie, a thirty-day opdcn to buy: for $l35.000
the northern halves uf the two blocks South of (
the Grand Pacific Hotel, lying on each side Of
La Sale and between Jackson and Van Buren, |
streets. This will give a frontage OF 2Q3 feet on
Jackson and 100 feet On Pacific avenue. La Sale
street Is to b. vacated south Of Jackson,