Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1882-03-15
SAN FRANCISCO DISPATCHES.
Organizing a Grain Exchange = The
"CaIl" system to be Adopted by the
Fruit and Vegetable CanDers-MOney
MsFket-Trades Assembly Meefing-Etc.
ESPECIAL TO THE KEooRD-uNloS. ]

to notice sent to members of the San Fran
cisco Stock Exchange Board, that initial
steps towards the organization of San
Francisco Grain Exchange would be taken
to day, there was numerous attendance at
the executive session this morning. After
the dispatch of some brief routine business,
the Board adjourned, and Mr.. Marye at once
called the gentlemen present to order, and
stated that the object of the meeting was
to perfect a temporary organization OF
the San Francisco Grain Exchange.
He said the enterprise they had in hand was
of great public interest, as IT they should
succeed in establishing market here similar
to that existing in Chicago, 1t could not fall
to benefit in many ways the city and state.
He hoped for the assistance OF the farmers,
and for the support of the public, and exhort-
ed the members to be active and energetic il
promoting the interests of the new Exchange.
| He then announced that the first business
would be the election of q temporary Chair
man. Mr.. Nsrye was declared elected tenn
norarv Chairman, and A. T. Coffin tempo
rarv Secretary. The Chair then appointed
the following Committee on Permanent
| Organization, and to receive applications Tor
| membership: Messrs. Homer S. King, =. M.
Shotwel Joseph Marks, IL. ID. Noble. ). b.
Wakefield, S. B. Boswell and j. Greene
baum. Mr.. Noble, from the Committee on
L
ton, bylaws and rules and regulations
| for the transaction of business could be re-
ported at any time, as they would be sub
| stantialIy the same as those already reported
| by the committee of the Board but that
applications for membership were coming in
40 fast that it would take the committee
some time to pass upon them, and that they
might have to ask an increase in the number
of charter members. The Chair stated that
as the success of the undertaking would
depend largely upon the good will of the
| farmers, he would prepare and Issue imme-
diately to the farmers and producers of the
State an address, showing the advantage
the Lew Exchange would be to them, and
asking for their assistance and cooperation.
Gamers 10 Adopt the "CalI' System.
SAN Francisco, March 14th,-The fruit
and vegetable canning firms have effected a
combination, and will appoint one Of their
number to do all their buying. They will
also conduct "calI" sale Of their goods.
The Money Market.
SAN Francisco, March 14th-There is a
good demand for money in this market. We
quote commercial loans at 7@10 per cent,
and call leans at 4@6 per cent. The Savings
banks are loaning money on city real estate
at 7(G9 per cent, and assume the taxes.
New York exchange is quite irregular.
Bankers are Offering among themselves as
low as par, and even at a small discount, but
tie general rates are given below. CONNER
cial bills on London have been offered at q
fraction under our quotations. Drafts on New
York are selling at 10@l5r premium per 800
kilograms on do, 15@20c per 500; London
exchange, 49sd for bank bills, and 493
for commercial refined silver, 114@l24 per
cent. discount; Mexican dollars, 90c apiece,
nominal.
In sympathy with The Omaha Strike.
SAN Francisco, March 14th.-A large
meeting was held this evening by the Trades
Assembly of this city, at which was unani-
mously adopted resolutions sympathizing
with the strikers at Omaha. and condemning
in strong terms the action of the civikauthor-
tiles in invoking military aid also extending
hearty sympathy with the leaders of the
strike who are arrested.
Notion fer NOnsuit Granfed-supfeme
Court Decision.
San Francisco, March 14.h.-In the suit
brought by Annie Weber against Emilia
Gu.zkow ct ell, to recover $40, coo damages
for SANDER, Judge Wilson to-day granted q
| molten for nonsuit.
The Supreme Court in bank to-day rem
dered decision in the matter of the Real
Estate Associates insolvency. After review
| of the law on the subject, the Court held that
Judge May, in an Insolvency proceeding,
ex parte and at chambers. appoint Receiver.
The objections of respondent were corss-
quently sustained and tie order to show
cause was discharged and the order staying
proceedings in the lower Court revoked.
Justice McKinstry dissented from the judg-
ment, and Justice R0ss expressed no opinion.
The Death Rate-Pe'jury Case.
| SAN Francisco, March 14th.-Twenty-
four deaths were reported to-day at the
| Health Office.
The examination Of Gustave Rosctke,
charged with the crime of perjury in come .
ton with the Kalloch murder trial, was called
to-day in the Police Court.
nefsnce of ti.e sundny Law.