The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1883-02-04
ChicaGO's work Against COrners-A
Lady Spectator in COUrt-Thc
Bucket-ShOps ana the Postmaster
General.

General.
4 Chicago special SAYS: The Committee
on Rules Of the Board OF Trade have COM
peted a plan TO limit and control " cor
ners." which will soon be submitted to the
Board. They propose for the creation OF a
committee OF disputed claims resulting
from the non-deliyery OF property on time
contracts at their maturity. The committee,
in determining the amount OF damages, shall
find the true value Of property at the MATURE
tyOf contract i'm question for manufacturing,
consumption, and shipping purposes, and
such shall be deemed Just basis for the
assessment Of damages for default i'm de-
livery: provided, that il the value has been
enhanced by legitimate speculative causes,
Then the committee shall increase the valua-
il0n OF the property not exceeding ten per
cent. The committee shall not consider
nor be Influenced by prices that have been
made lry any individual or combination for
the purpose OF eXtOrtin9 unreasonable
damages; nor by sales below the market
price made for the purpose OF establishing
low average price as Il basis for the SET
Element Of contracts.
Ii is not generally known TO what extent
the fair sex has entered into the exciting
but dangerous game Of betting on the mar
kets. There are hundreds OF lady Specu-
iaiOrS in every great city. Like most green
traders OF the other sex, they are nearly al
WAYS BUYERS and sanguinc bulls. When
they win Il is all right, but when they lose
they are apt 10 evince total ignorance of
The principles OF business honor and be-
come doianters. A case OF this kind has
recently developed here. Mrs. Dot II.
Wright, Incorporating society lady,
was sued for $3.50 on note giyerP TO
cover q disastrous deal. She was GUS
toner Of a Milwaukee cOnmission-house,
and alter varying fortune finally lost $3.50
She bad up Tor margin, and with 1t went
The amount sued for, which had been adj
yanced for her by her brokers. She gave
her note for the amount, bur afterwards
dishonored Il on the ground that II was
VOID, having been given for a gambling
Aebt, and the court found in her favor.
The defendant was very elegantly dress
cd young lady, with handsome and intelli-
gent face, bright, dark eyes and black hair.
Tier bearing in court was piquant but re-
fined.
Reputable brokers are well pleased with
The decision Of the Postmaster-General
lorbidding the delivery Of registered let.
lers or the payment OF moncy-orders to
Fleming d Merriam, II. l.. Kendall q Co.,
charles j. Henri a Co., Cudworth a. Co.,
md Bennett HOFFMAN a Co.. and directing
That the same be enforced at once. The
receipts Of the concerns are said TO be
enormous. Ii Is stated that Fleming &
Merriam during the past twenty day,
have received 77j registered letters,
none less than SO, and many from
500 TO $500. During the same time they
have received $50 money-orders aggrega
Ting S2O,4l6. During the same perioC
X. Kendall a. Co. have cashed G3l
money-orders for the sum OF Si5,SGT
and IN that time 53l registered letters, non'
Of which were less than $40, and some a
nigh az 500, haze been received. Charlie
Henri q Co. and Cudworth a. Co. hay
taken In $4,000