Daily globe., 1882-09-28

of shipments are classed as
meats, and there is no way of distinguish
ing them. Of the 2S,000,000 pounds of
meats shipped SO far this month, one-third
has been stripped pork, which
means about $4,000 barrels.
Next Mondays report for the month, it is
calculated, will show that the stock does
not much exceed 10000 barrels. A year
ago it was 100000 barrels, and pork was
then $1@2 higher than now.
NEW MEMBERS.
Samuel f. Glover, Geoege t. Gorham
and Hy L. Lester posted applications for
membership on the board of trade.
THE JULY DEAL.
The motion to disvolve the injunction
in the July wheat corner board of trade |
cases will come up before Judge Gardner
tomorrow morning.
M'GEoGH
went on change yesterday and bid ninety
three cents a bushel for 100000 bushels
of October or November wheat, or any
part thereof. This was only significant
of desire to make the September
wheat deal by that party look respectable,
and was generally SO regarded by the boys.
The news that money was very stringent
in New York was talked about in produce
circles yesterday, and undoubtedly had a
good deal to do with causing spectators
to sell grain of to lower point But it
turned out that there was no real reason
for such depression. Leading men, both
bankers and shippers Of produce unani-
mously testified to the fact that as far as
they knew the squeeze i'll New York made
10 difference in Chicago. 1t was purely
speculative matter.
| A CORNER IN NOVEMBER CORN.
| 1t has been announced that ever since
corn was selling at 76c a
bushel clear down to yesterday
when it sold at 61c, that there was corner
in November corn, and that lot of prom
inent railway officials, with Sid. Kent, N.
K. Fairbank and other ssprominent men
about the alley were running the deal
The report was again started yesterday of
the corner. and the boys were stirred up
by it for short time.
Kansas farmers are paying SOC bushel
for corn to feed hogs and cattle, and they
never will ship to this point any of the
future crop at present prices, when they
can get SOC at home. This is the point.
MINNEAPoLITANs.
committee comprising Messrs.
G. NJ Loring, C. A. Pillsbury
and O. A. Pray, of Minneapolis
board of trade, were ON change yesterday
and were i'll consultation with the real es-
tate board of the Chicago board of trade
last night regarding the material, plans
and outlay of the new chamber of com
merce. They were shown the plans, and
will also build OF granite. They have Wis
tied Milwaukee, and will go east to inspect
all the great board of trade buildings in
the country to see if they can improve or
the plans for building for their board
The Minneapolis board of trade has only
been in existence about year, but already
numbers $40 members, and the new build
! ing is to cost $150,oo0 they say.
CHANGES IN THE RULES.
? On and after this date the following
I rates and charges will be established fo
X
cago:
: First-On grain billed to elevator, hell
{ out for re-inspection, or ordered to track
: switching charge Of 50 per car will b
made.
. Second-OA grain billed to elevator ant
IL ordered to track, and afterwards sent t.
y elevator or connecting lines, a switching
d charge of So per car will be made.
IS Third-On grain consigned in care o
IS other lines at Chicago or poi.Zts beyond
# which is stopped for inspection, charg
of 81 per car will be made.
Fourth-On grain held for re-inspectio1
3 consigned for delivery on track or held fo
further orders which is not disposed O
1t within forty eight hours after arrival,
" demurrage charge of So per car per day O
,r part of day will be made.
Fifth-Or grain consigned to a Chicag
house. either for delivery TO elevator or o
- track, ordered turned over to a cOnnectin
. line for further shipment, a switchin
charge of 50 per car will be made, and de
Is murrage at the rate of S3 per car per da
r or part of a day will be charged twenty
D four hours after delivery of car if the COZ
S Meeting line is not furnished with shippin
st directions within that time, which charg
- viii continue until such shipping dire(
= tions are furnished.
% A DIFFERENCE OF OPINION.
1T Some members of the board of trade
le not agree with Mr.. Hobbs that the boar
:. is losing business. The senior partner {
@ one of the largest firms on change says:
r ''The majority of the commission house
t. are not losing business, but on the col
le trary are gaining it all the while. Thel
er are probably instances where firms whic
at were doing heavy business few month
is or q year ago have lost portions of
to Some of them have become rich and don
rs care for a heavy line of custom, an
TX some cases are reported whel
ly the Gust 1mers lost none
a. and either Withdrew from speculation frol
necessity OF disgust, or else patronized al
e. other house, believing change migl
IS bring them better luck. Our firm is NJ
IS doing such an enormous business as it d
S. in the speculative craze a little over yef
20 ago. and we don't want a repetition of thi