The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1883-07-13
Market Retrospection.

| muihoe hoetoopcOtiou
In looking back over the Mankat6
market for thepas, SIX or eight months
particularly III the price of wheat, W,
find something that may prove valuabl,
to farmers in future deals, and for thai
reason we will take II brief glance back
ward, and if not at present, we may in
future, have occasion To show that Man
kat" has paid during this period more
for wheat than any immediate town in
this locality. During the month of No.
vcmbcr the price paid for No. ! wheat
at Hubbard AZ Co.'S mill averaged aboui
S6 cents; December - cents, .Ianuary
90 cents; February LOO, ami from the
LIST lo the 3rd cf March 81 O;I, the high.
est point reached within year. Since
the dates last mentioned !lIr price al
wheat has gradually declined until at
present 30 cents is the highest price
paid here for No. /, and based ON the
decline in Chicago Monday. this is 81.
cents per hushcl more than the quota
ton would naturally he in Mankato.
With the prospects for IN abundant
harvest So ila,tcring, together with the
amount al old wheat on hand, il is sale
to predict that farmers will be forced To
take very much less Tor the wheat now
on hand than the present market price,
and it would seem the better part of
wisdom on the part of those who have u
surplus of the cereal Ia lose no time i'm
dispensing ot il. The latest advices from
New York is that Minneapolis millcrs
are crow.ing the market with flour, and
this is very good proof, II; further evil
dcncc were needed, that considerable
decline in wheat from present prices
may relied upon.
The FREE PRESS has ever cnlcayorcd
10 treat all competing market towns
tain To the hes; of It's ability ITS home
market, commend the business men of
Mankato Tor their energy and enterprise
and help along whenever and whatever
i, could anything that should tend To
add business and thrift to our city.
1t has not in the past, and under its
present management will not in the t'ut
urc, he guided in its remarks hy any
personal grievances Ia do that which
shall reflect upon the honesty and integ
rity al the business men Of our city and
will ever stand ready Ia defend the i'll
tcrcsts Of all when in the right. Only
about n year ago our virtuous and ing
hearted contemporary. the editor of the
Reciew, was ioaming and frothing at
the mouth because there was u very
few days when slight advance was
paid 10y some ot the surrounding towns
over what was paid here, aud he took
occasion to note what Il ilourishing con.
ditIon trade was in in those towns, etc.
But for six months, and while Mankato,
the city which furnishes him the bread
and butter he daily consumes, has been
in the lead on this market question and
while business of all kinds has been at
a booming pitch,and surrounding towns
are enjoying the quiet of dull times ,tnis
magnanimous(! } creature is rs still as
n clam. II our market was open to just
criticism II year ago, it is equally enti-
tied to credit ut this time. If the busi-
ness of our city WAS unusually quiet
then, ii is entitled 20 notice now for the
life and push visible on every hand. 1t
Is a nsticcablc feature in the makeup
of the editor of the Reriac that lie
hasn't kind word for any one who
docs not toady to his whims and who
does not side with him in his treachcr-
Gus animosities. He has soul so pinch
eel In itscll that ne sees nothing Sond
unless it issue from Il bosom companion,
hence his unjust attacks and insinua-
tons often thrown out upon business
men and business interests. and his ST.
lence in times OF prosperity.
These remarks are brought out
through no pent up jealousy ON our part
toward the Reoie,o editor, but are cx-
pressions often heard cmsnating from
different business men in talking over
the vacillating and unstable course of
that paper, and what we have said on
this subject simply reflects the scnti-
ments of II large number of men of un-
questioned integrity in this community.