Daily globe., 1882-10-05
NOVEL EXPERIENCE FOR THE BOYS
The President Of the Board Nominated
for Congress in the First District.
MARKETS ORDINARILY ACTIVE.
Continued Advance in Pork, Owing to
Light Stocks and Dear Corn.
REPORTS FROM THE CORN BELT.
No Surety Of More than Half Crop
NcGeOch's Movements In Wheat.
CHICAGO.
Especial Telegram to the Globe. I

Especial Telegram to the Globel
CHICAGO, Oct. 4.-The excitement on
change was of personal character. The
announcement of the unexpected nomina-
ton for congressman by the First district
Republicans of the president of the board
of trade, created profound sensation.
and congratulations were showered upon
the head of the fortunate chief executive.
Nobody apprehendsd the result, Mr.. Dun
ham being merely incidentally mentioned
as tit man for the place, but never un-
derstood to be in the field. A warm fight
had been waged by three competitors, but
1t was believed the present incumbent,
River and Harbor Pirate Aldrich, had a
walk away. R. W. Durham is a
| native of Massachusetts, having been born
| in Berkshire county, March 21, 1888. In
his nineteenth year he entered the Office
of the Massachusetts Life insurance COM
pany as clerk. He continued in the en-
ployment of the company in Massachu-
setts until 1857, when he arrived in Chi
cago to take charge of the books of the
western department of the company, ceas-
ing his connection with them in 1860. He
| then entered the grain and provision COM
| mission house of 7. J. Bronson, of the old
| firm of Walker, Bronson & Co., in which
Chas. II. and Geo. Walker, prominent in
Chicago business circles, were part
| ners. He remained in a clerical
capacity with this firm until
| December, 1871. When the present firm
of VIM. Young & Co. was formed, he be-
| came the managing partner of the firm in
Chicago, the other members of the firm re-
siding in Milwaukee, and has conducted
| the business of this large firm in Chicago
ever since its foundation. In January last
Mr.. Durham was elected president of the
Chicago board of trade, receiving major
lty over two competitors ons the first day
OF the election. Two years ago Mr.. Dun
ham was delegate in Aldrich's behalf
from the Fourth ward, becoming the mem
Der from that ward of the congressional
central committee. At the meet
ing of the central committee
about three weeks ago he was elected
| chairman. and the duty, of formulating
and publishing the call for the convention
and Of calling it to ordert therefore, devolv-
| ed upon him. Otherwise than this he
took almost no part in the contest. While
his name has been used in association with
| the office during the rather spirited contest
| for the nomination, he was never seriously
| regarded as a candidate; and only when
about to call the convention to order was
he informed that the delegation had resol-
we'd to present his name. Some had pre-
viously inquired whether he would
accept a nomination, and had been
told that he was candidate in
no sense of the term. but if given an un-
| sought nomination he would feel that he
could not refuse to run. Mr.. Dunham's
associations have usually been of the most
intelligent and therefore liberal elements
of the party. He has taken strong grounds
in favor of the Hennepin canal project and
| other public Improvements, but never here
| tofore held or sought public Office. In ap-
pearance Mr.. Durham is of medium height
| and compact build, dark of complexion
and with heavy black hair and moustache
and dark eyes. He is live and self-re,
| liant man and will make an able and en-
ergetic congressman. As the dis
trict is irredeemably Republican
| he is sure of election. 1t is q clear case of
the office seeking the mana rarity in
these latter days. When his name was pre-
sented to the convention there was break
Immediately in his favor, and he was NOM
mated on the first formal ballot amid great
applause. Like most men of decided
character, Mr.. Durham has warm friends
and bitter enemies. He wanted the presi-
dency of the board of trade for two years.
but did not attempt the run until he
thought he had good fighting chance. 1t
was WARM struggle, one of his competit-
ors then being Deacon Hobbs.
one of the most solid men
on the board. An old member
remembers that away back in 1861. when
he wanted to be elected Master of Orient
al lodge of Masons, he fought hard and
seemingly hopeless battle, and came out
ahead. The board of trade men will sup
port him now very solidly, believing their
organization and the industry it represents
ought to have an advocate in congress.
When he entered the chamber to-day they
were vociferous in their applause. Mr..
Durham is an enthusiastic civil service re-
former and anti-boss man, be it also said
to his favor. We predict that if he does
not rank among the foremost orators, he
will take a prominent positi on in the
solid committee work, and his
vote will be recorded on the side of prog
ross and reform
Perhaps distracted from their vigilance
for the moment by this incident. the bulls
let the bears steal a march on them to-day.
Wheat, which opened higher than yester-
day, lost its advance and closed on the reg
ular board 15c lower than on yesterday.
In the afternoon. however. the bulls got in
their work, aud everything strengthened,
wheat regaining yesterdays figure. The
speculative demand continues good. and a
fair business was transacted. The receipts
of spring and winter were both decidedly
smaller. Winter was in active demand and
shot up l1s@2c, touching 95Ac;