Daily Republican., 1883-05-04
THE DOARD OF TRADE.
The Delaware Fruit Exchange In.
dorssd by that 1es1y-Mr. Dean
SnNRka

dorssd by that Jes1y-Mr. Dean
speaks.
The Wilmington Board of Trade held
an interesting meeting last night, Job
II. jackson presiding and f. A. Van
Trump acting as Secretary. The fol-
lowing gentlemen were present
| Tatnall Warner, George w. Bush,
ST., Daniel W. Taylor, Thos. s. Bellah,
+. b. Cotton, Frank NJ. Buck, Geo. W.
Stone, Allen Gawthrop, Geo. s. Ca.
pelle, Geo. w. Bush, Jr., j. H. Hof-
fecker, Dr., S. G. Kent and John Vain
wright.
Minutes of several special meetings
were read and approved. Mr. Cotton,
on behalf of the Legislative Committee,
reported the passage Of the Port War
dens bill by the General Assembly and
that printed copies would be ready at
the next meeting of the Board.
| The Treasurer submitted his annual
report, which showed a balance on hand
of SOL "a and orders were granted for
the payment of a number of small bills
Joseph Miley, William Dean and
John Wainwright were unanimously
elected as members of the Board.
Mr.. William Dean, Of Newark, upon
invitation, made a short speech upon
the advantages of . Fruit Exchange,
and the benefits to accrue therefrom,
not only to the fruit growers, but to the
city of Wilmington, where it was pro-
posed to establish 1t. He said the
growers had been complaining of the
great troLble they experienced in dis
I posing of their fruit, which finally re-
suited in establishing an Exchange,
which has been incorporated by the
Legislature. The speaker stated that
he had received letters from Mr.. Corsa,
who had met with encouragement FROM
all the dealers in large cities. The
speaker also told about what he learned
on trip to Ohio, and said that under the
present system of shipping peaches,
the city of Columbus often had six
times as many peaches as they could
handle, and in that case they were Civ
en- away or sold for a mere tritle, intlict-
ing serious losses to the growers,
He then gave brief outline Of the
provisions of the bill establishing the
Exchange. Inspectors would be en-
ployed to examine and gauge the
peaches and notify the Exchange of the
number and quality of the peaches
shipped. Though the Exchange dealers
could telegraph for as llany peaches as
they can dispose of and be Satisfied
that they would get what they asked
for just rs well as if they were present
to make the purchase personally,
persons had to come to Delaware for
their peaches, and they would not only
secure them but will observe the other
industries Of our State and put her ad-
vantages before the people.
The advantage to shippers would be
great. In case of gut in the market
the growers would only have to pay
freight to Wilmington, where the
buyers would then assume the care of
the crop. A large portion of the fruit
business now transacted in New York
would be brought to Delaware, rs those
wanting pcaches would have to get
them here. rnc whole matter SO far
was in theory, but he had great faith in
its success. If all Interested would
put their shoulders to the wheel, it
1 would be IA success and the duties light.
The establishment of an Exchange
would also, he thought, result in the
establishment of canneries and other
industrial establishments in the vicinity
Of the Exchange.
Growers now pay 10 per cent. com
mission. The Exchange proposes to do
it for the same and probably less
Large sums of money had been made
out Of fruit in the past, and the dealers
in New York and Philadelphia had
reaprd the benefit. 1t was often the
C. use when fruit was sent to New York
that the freight came to more than the
fruit ITSELF the shipper, being compelled
to pay the difference, besides losing his
crop.
Through the Exchange shippers are
only bound for the freight TO Will
mington.
The charge for seats la the Exchange,
which could be conducted on the same
principle as corn and produce Exchanges
in other cities, would be$lO each tor the
first 100 members, and $l5tor each mem
Der thereafter.
The fruit would BE- examined and
graded by inspectors paid by the Ex-
change, and stationed at prominent
shipping points. The number and
quality Of the baskets loaded on the
ears would he telegraphed to the Ex-
change and bulletins there, when sales
would be held. 1t would be made to
the interesit of all growers and buyers to
come into the Exchange. The inspec-
tors, who would only represent the En-
change, would be sworn to the faithful
performance of their duty, and COM
PEELED to give bonds. They would be
empowered to examine all baskets of
fruit. The charter of Incorporation was
very liberal, and the business of the EX-
change could be extended so as to in
clude small fruits, canned fruits, grain,
etc. All that was wanted was the hearty
cooperation of the business men.
The speaker was interregated by
several members, and by his prompt
replies favorable impression was Great
ed.
On motion of Mr.. Colton,a committee
of fifteen was appointed to attend the
meeting Of the fruit growers to be held
in Dover on Wednesday and Thursday
of next week, as follows: Franklin b.
Cotton, George w. Bush, George S.
Capelle, Daniel w. Taylor, George w.
Stone, L. T. Warner, +. N. Buck, Al
fred Gawthrop, Thomas s. Bellah,
George &. Lohdell, Preston Lea, Henry
Mcndenhall, John Wainwright, j. II.
Hotecker, .jr,, Harry Y. Cause.
The committee was informed that a
special rate of fare had been arranged
for the fruit convention day, the figure
being 20 for the round trip. tickets
good for ten days 1t was also suggest
ell that each member of the committee
do all in his power to have large repre-
sentation of business at Dover.
The following resolution offered by
Mr.. Stone, was passed unanimously:
Resolved, That this Board cordially
Approves Of the establishment ola Fruit
Exchange in this city, and pledges itself
to assist it in every way in its power,
and 1t appeals to the business men of
this city generally to promote this effort
by every means possible.
During the evening il was stated that
Superintendent |. n. Mills favored the
project of an Exch ange and thought 1t
would help the Raj lroah Company.