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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1886 Excerpt: ...Brokers' Association was to the effect that all payments should be made not later than half-pant two o'clock. The matter in dispute was referred to the weekly meeting of the brokers, when Messrs. Littledale and Co. were requested to settle the payment in accordance with the rule before alluded to, which was complied with apparently unwillingly, as they (Messrs. Littledale and Co.) immediately gave notice of their intention to withdraw from the Association, and have since refused to furnish an account of their sales during the week and the quantity purchased hy them on speculation, wliicli is required from all brokers, in order to ascertain the stock of cotton in tins port. This lias caused considerable inconvenience and no little unpleasantness, as the total amount of sales during the week could not lc made up. It was proposed to-day at the weekly meeting, after a long and animated discussion, in order to arrive at the actual amount of business transacted during the week, that each broker should make a return to the Chairman of all purchases made during the week from Messrs. Littlcdale and Co., and thereby a tolerably correct statement could bo shewn. But to this proposition Messrs. John Wriglcy and Son refused to comply; and, in consequence, it was determined by a large majority, that, rather than give an imperfect statement, it would be better not to furnish any account at all beyond an estimate. The matter was satisfactorily arranged during the course of the succeeding week, by un official extension of the time fixed for the latest receipt of payments to a quarter to three o'clock instead of half-past two, and everything afterwards went on smoothly. Down to 18G4, the lending firms continued to issue weekly market reports; but in that year the Association...
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