Monthly Deliveries Versus Season And Year Deliveries the Five Days Notice And

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In other words, this would mean a net income from that source alone, to our Board, of at least $8, 000 per annum, i. E. , more than the total of annual dues now paid by the members. In the event of the repeal, there would naturally take place a vast increase in the business of our Regular Call Board Warehouses, mostly I admit, to the detriment of the numerous grain warehouses in the interior. Should our shippers conclude to ship only inspected wheat, the practice (unknown elsewhere), of sending... drummers into the interior, for the purpose of securing wheat cargoes, would of course be discontinued, and thus San Francisco grain commis- sion merchants and grain brokers would earn at least $'250, 000 per annum, commissions in addition to what they have hitherto been earning yearly. Spot Grain. The main reason for demanding the repeal of the ' ' five days notice provision, " is that, (other conditions being equal), it renders to the seller the settlement of a contract by actual de- livery more expensive than by substitution of an equivalent con- tract.

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