Salt Lake Tribune | 1915-11-10 | Page 4 | Chicago Refuses to Give Grain Prices

CHICAGO REFUSES 10 GIVE GRAIN PRICES New York Consolidated Exchange Ex-change Will Be Deprived of Its Quotations. NEW YORK, Nov.' 9. Members of the Consolidated Stock exchange here will, beginning tomorrow, be deprived of the grain ticker quotations from the Chicago board of trade, it was learned from aii authentic source tonight, because be-cause of action taken late today by the Chicago organization. Rules iinder which trades were negotiated, it is understood, un-derstood, have not met with the approval ap-proval of the Chicago .board of trade, and caused an exhaustive investigation which resulted in today's decision. Members of the Consolidated exchange ex-change were not informed of the move by the Chicago organization and nothing noth-ing of an official nature was given out as to the reason for the action. It is said that for several weeks past there has been only a limited amount of trading trad-ing in grain on the floor of the consolidated. consoli-dated. CHICAGO. Nov. . 9. Quotation service ser-vice from the Chicago board of trade to the Consolidated Stock exchange of New York will be discontinued tomorrow, tomor-row, it was decided by the board today, to protect its property right in its quotations. quo-tations. ; Ad investigation which had just bceu concluded had caused the directors of the board to criticise the uses to which quotations had been put by the Consolidated Con-solidated exchange, according to Joseph P. Griffin, vice president of the Chicago board. He declined to specify in what respects re-spects the arrangement with the ex-I ex-I change had been unsatisfactory, but explained ex-plained that the supreme court of the United States had held that the quotations quo-tations were the property of the board and their distribution could be arranged ar-ranged or restricted at the pleasure of the organization.