, 1881-11-13

Prices n shade E4over-The Brokers
Looking for Increased Business After
~ Thanksgiving.
The wheet-markct opened a trff1e weaker yes
rerGay. the faIltng-of from the closing quota
lions of Friday amounting to = OF a cent
for december aud = a cent on January.
The day ON Change was marked by no excite
,ucn,, and only routine deals in the risky
cereal were tnade by the brokers. me
holiday rise" IS expecfed to ser IN attcr
Thanksgiving. Corn opened Il shade higher FOR
November. the elevation being = OF \ cent.
Sales were light, and uu une went - broke for any
extensive amount s.-....--
erAiu receivers was held. presided over BY
Chairman Rogers The meeting was called for
rhe purpose Of discussing pr''position to
Change the rule establishing commissions OF.
corn .lt tent per bushei for all grades 10 =
CENT
resolved to establish commissions until further
rn'iire at !: cent on corn III store anu l
&cn1 OIL corn on track or tree on hn1Td
The chal,sc nf tie rules met with vigorous
opposiUen from the small deA!crs, but went
thre,ugn by . large majority Vote
Tne s1option of the rule leases cr'b corn open
to special agreement. fnctors selling on the
above commission. OF higher II they ste lit.
The Duaru OF Directors witt be duly requested
to post ibis amendment extraordinary to the
rules reducing commission rites : oent
I'LL around on coTu. and allowing corn in ele-
-aturs 10 be sold 1t tho eAue rate, except On
Chicaso.s grain business will soon bs "boom-
Ing right along, niEht AMI day.
If INDICATIONS -A1;E l;EL1ABLE.
The regular business has stopped over into the
bucket shops" and new CONCERNS 1T this char
acIer are spr1nsinE up wherever basement in
the alley large enough to hold dozen aspiring
hoard raised the rates OF commissions
from an i to Il Of cent per l-uoo
npinel hs m M tradoe
zoo to I.0M bushels. and its membership rute
frt,n, $40 10 sa. The held If small trading be-
1ablisbe,1 Vt So i: Exchange place The unit
OF trading here is iots Of SUI bushels. The menl-
1crsnp numbers lv7 brokers. and on Monday
The scntme Of 4. N. Wright for capituiztng
the Indebtedness of the Board of Trade BY issu-
Ing bonds covering the entire amount OF ndent
edness, running fur ninety years With
cut interest meets with bur little
favor among rncmsers who can be in-
5s :Ssea fcnta IL Of the aA preeent e qu"rses @ IS
yelr, and the lease extends lur ninety yeafs It
Is considered By some as IN acfpni deot on me ne
4ouud NO. To be binding # propur legal meas
ures were taken TO establish the fuct-
tbe The eca hosfa of Tds Saans bave ali
agreed to have their work reuty to submit 10
tho Committee on plans by Dec L. There will
to he satisfactory the work of construction will
. Tho Vanderbilt lines dropped five cents on
grain fre,ehts 10 the East yesterday, and
it Is expected the other lines will to'ln" suit
The movement looking toward Il watel outlet
frtm Chicago and the Northwest, WHICH has
been steadily growing IN magnitude until ma
1ority Of the heaviest grasu- Shippers have be-
come interested and arc ready to help either
the St. Lawrence River Or Henuepl1s Canal
echcmes, with 10th influence and money, it Is
anticipated BY dissatisfied shippers.
WILL EVENTUALLY BRING
the railroad u9onopolIes 10 a realization of the
value OF making reasonable rates to their pat
runs as we'll as ot swelling their "wn dividends.
The announcement Of the lowered rates on
Change caused drop of = q cent In grain.
Memberships are yer quoted ut <5.o5O. al
though few have been sold ut $3.50 and <3.N00-
James Pryor, heavy broker on the New
York Stock Exchange Was ptlo1ed around the
Bourxe yesterday by - u. Hey" Stone.
Henry $ EserhArt. ~ The D:shop. is now Il
regular n1etiiber uf the DMrd OF Trade and the
prr,yislnn Grain. and Stock Board.