Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-08-08
THE BOARD OF TRADE.

1"e Monthly Session Held Yesserdax-z.r.
reforv's Report Committee Appointed :.
Recetre President Arthur.
Yesterday morning the monthlv se..;o, =,
the board Of trade was held and the meetirr
was presided over by President Gen. A pill
bury.
The first business was the reading Of a corn.
munication from the chamber OF c5mmerce =,
Duiutn, respecting the Red river and SUPERIOR
one month p~'spoueo
Ihe secretary submitted the following re-.
port for the month OF july:
ROOMS BOARD OF TRADE,
MINNEAPOLIS, Aug /. 1852 (
10 the Officers and Members--f hsrs1;th
submit my monthly report of the trade am.
commerce commerce OF the city for the month Of Jufv.
loS3, and comparisons.
Inc TACT that while the receipts OF wheat
anu shipments OF its product, flour and mill
stun, have been less than one. half ma grsst =.
in 1881, still the aggregate Commerce. sSow.s
large increase. ln 1881 the receipts Of wheat
and shipments OF -four and m,llstnf amounted
70 T,2o4 cars and in 1882, 3,44S. In 1850
.ne total receipts and shipments was
1918 cars against 15,525 IN ISsi.
an increase Of 1900 or an increase
~ tne general receipts and shipments, exclud-
Ing wheat and It's product of SOIL ears. com.
ment Is unnecessary. Suffice Is il TO saw that
II the wheat crop now being harvested and TO
ne harvested during Augustus secured in good
condition, the coming year there win be po
diminution in the wheat and Il our business
from any former year, and there is no reason
apparent why the general commerce should
not continue TO increase at as great a ratio "a
In any former year. With the above showing
further note with regard to the general bust.
ness OF the city would be superhous. The
Northern Pacific Railroad company have iu,t
pushed the survey OF their line on the west
| side OF the river TO Anoka. The Chicago, Mil.
wauKee q 81 Paul company are nearly ready
TO put their force at work III their new shops
in the southern part OF the city. nh
chamber OF commerce have selected a
site and will at once proceed IN
erect building to cost $1,000 to $3.50, 600,
which will be an ornament to the city. Other
| important improvements will follow. There
| Will be two additional jobbing houses opened
IN the city LOT Inc fall trade, with strong prob
| abilities Of Others. There is not an eligible
store room in the city for rent, aud nearly ali
| OF those IN course OF construction are en-
gagged. A large number of new firms have or
| Will open mercantile houses in the city before
the lat OF October. There has been less bust.
| ness In real estate than in June, but prices
| continue firm for business property, and the
| transactions were more numerous and the
value greater than in the same month in any
former year. All in all, the result of the
months business Is most satisfactory and the
| outlook for the future fattering. Respect
fully, @. G. SruRrEyANr.
| The report OF the receipts and shipments
| for the month of July were next read and in
dicated marked decrease in -four and wheat,
but gratifying increase in other commod-
tiles.
| A comparative statement of the receipts and
shipments for the last four years was pre-
| sented.
| The following resolution submitted by
| Robert Hale wss unanimously adopted:
| WHEREAS. The president OF the United
States has been urged by various associations
OF the people and leading business men in this
portion OF our country TO visit here during
the coming autumn, which invitation it Is
| reported he may be persuaded to accept;
/ RESOLVED, That the board Of trade most cor
daily joins its invitation with others that
the president and such members of his cabinet
and official household as may be able to ac-
company him, may visit our state and the city
OF Minneapolis during the exposition to be
held here in September next, thus affording
the president and his associates an oppor.
tuDity OF personal acquaintance with the peo-
pie and their pursuits in the great Northwest.
/ RESOLVED, That q copy OF these resolutions
be forthwith sent to the president.
Col. King introduced the following resolu-
tion, which was also adopted:
RESOLVED, That committee of five be ap.
pointed Of which the president shall be chair
man, other members Of the committee to be
named by the president, who shall act with a
like committee OF the chamber Of CONNER &C
OF st. Paul, as committee OF reception dur
ing the coming fair to be held the first week In
September. The duty OF the committee Is 10
receive and introduce the president OF tn {
United states and other distinguished citizen
who may be in attendance during the fair.
The committee on railroads was instructed
to confer with the officers OF the Chicago, st..
| Paul, Minneapolis & Omaha railroad respect
ing the alleged Determinations made between
| the cities OF Minneapolis and st. Paul In run :
mir