Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1903-01-07

About twenty Of the Cary street COM
mission men met yesterday afternoon IN
the house Of F'errero. Crovo & Company.
large fruit dealers, to discuss the advisa-
bility of reviving the old prodice ex-
change. a thing that has been talked Of
for some time Those present were nearly
all heartily In favor of the movement,
and judging from the attendance and the
way they expressed themselves. Rich
mond soon will have a progressive and
business like exchange, which viii fill
long felt want.
The meeting was calledfto order shortly
after o'clock. and George NJ. Nc
MINI was made chairman. A commit
tee Of five was then chosen tostake hold
Of the old bylaws, governing the old pro-
duce exchange. which had been allowed
to die out,s and revise them to meet the
present conditions This work will be
done by those serving on the committee.
which is composed of George NJ. McMirn,
William Jenkins, o. D. Howard, w. w
Spra tley, and one other. These five gem
tlemen will have the assistance of a
call for advice. When the work of re-
vision is complete there will be another
meeting. at which those desiring to be
enrolled on the roster OF the produce ex-
change will be formally admitted.
Prominent Firms Represented.
6 Among the prominent firms represented
ut this meeting yesterday afternoon. were
Robinson g. Company. W.. w. Spratley 6
Company, William jenkins & Son, Bla-
lock s. Neale. Hudson & Son. Ferrero,
Crovo & Company. George NJ, McMinn &
Company. L. S. Whitmore & Company,
John T. Powers, Montgomery & Company.
Wright & crowder, c. 2. Sydnor & Com
pany. Howard & Brauer, j. C. Page &
Company, Herbert T. Walker, and Ed
ward l.. Frost & Company. S. F. Pad
gett & Company and j. I. Mcintyre &
connpa ny. were not represented, but sent
word that they were in accord with the
movement. and would stand by what was
done Walter G. Crenshaw was made
secretary Of the meeting.
It was said yesterday by some of those
present that the main idea of the pres
ent movement is to establish the produce
exchange, and then to protect members
by establishing the credit business on a,
sounder basis. "A time for the payment
of all bills can be fixed, and if they are
not paid on that date, the names of the
delinquents may be brought up before
the exchange. Further than this, the
produce exchange in more ways than
one, will work for the good of the trade.
The commission men composing the ex-
change may bring concerted action to bear
against wrongs inflicted. the express COM
panies can be asked, and probably in
duced, to use celerity in handling empty
.coops and the like; the matter of de-
murrage on railroad cars can be better
handled, discrimination by the railroads
in freight charges can be more thorough
ly investigated; the total daily receipts
of produce may be obtained: and many
other things of like nature gained with
out ado and wrangling.
Destruction Coconnuts.
The credit of carrying the present move
ment as far as it has gone, Is due largely
to Lawrence J. Grove and George M. Nc
minn A side feature Of the meeting
was the wholesale destruction Of cocoa
nuts. Rather than see his confreres chill
ed, Mr. Crovo filled the Office stove until
it became burning hot. Cocoanuts make
a very hot fire. and in some respects
are much more desirable as fuel than
anthracite coal.