ADDRESS OF REUBEN G. CHANDLER, PRESIDENT. Fellow Members of the Board of Trade: It is only quite recently that I have fully appreciated a very familiar quotation, which reads: "Some are born great, some achieve greatness and some have greatness thrown upon them." In accepting the great honor which you have so almost unanimously accorded me, I entertain a profound recognition of its duties and responsibilities, as well as a sincere and grateful appreciation of your confidence and esteem. I do not flatter myself that my election without opposition is an evidence of personal popularity, but rather that it indicates a united membership, firm in its purpose to continue the policies which have been instituted and progressed in such a satisfactory and successful manner. We can not overestimate the benefits which are bound to accrue from such a unity of purpose. I regard it as a cause for our hearty self-congratulation that the varied and sometimes conflicting interests of our different branches of business are being subordinated to a general desire for our common good. I recognize the splendid achievements of the outgoing admin istration; achievements which have raised our Board in our own esteem, which have raised it in the esteem of the public, which have raised it in the regard of state and federal courts, which have raised the value of our memberships, which have increased the volume of our business and the compensation for doing it, and which have already suppressed the bucketshops in the State of Illinois. It shall be my purpose, so far as my personal efforts may avail, to rigidly maintain the Commission rule, to zealously defend our right to control our quotations and to pursue without ceasing, the efforts now in progress to suppress bucketshops wherever they exist. Relying on your cordial and loyal support, I look to see the enemies of legitimate trade exterminated, and the good influence and prosperity of our Association increased. DETAILED STATISTICS OF THE TRADE AND COMMERCE OF THE CITY OF CHICAGO IN Flour, Grain, PROVISIONS, LIVE STOCK, SEEDS, HIDES, WOOL, COAL, LUMBER, ETC. WITH THE DAILY CURRENT PRICES OF THE LEADING SPECULATIVE PRODUCTS FOR THE YEAR 1902. Grand totals 8,707,031 45,234, 309 55, 618, 154 79,822,405 4,224,498 15,058,586 *The Eastern Lines include the Wabash R. R. (east of Chicago), C. C. C. & St. L. Ry., C. & G. T. Ry., N. Y. C. & St. L. Ry. and the Chicago & Erie R. R. Total shipments 611,725 2:26,706 5,400 109,680 893,370 1,460,050 124.506 186,104 96,171 219,926 4,520,469 6,719,688 12,371,368 44,969,967. 449,658 2,956, 028 5,839,441 30,218, 807 45,557, 999 58,030,291 2,834,215 3,505,423 38,400 7,831,282 1,596,807 997,988 343,287 In store and afloat in harbor December 31. 1902 1.223 City consumption and unaccounted for 2,829,190 7,184,220 8,463,348 20,794,126 1,046,996 11,551,940 Grand totals 8,707,031 45, 234, 309 55, 618, 154 79,822, 405 4,224,498 15,058,586 Michigan Central R. R, L. S. & M. S. Ry., P. Ft.W. & C. Ry., P. C. C. & St. L. Ry., B. & O. R. R. |