Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1897-10-22
From Saturdays Daily.
THE WHEAT SITUATION.
Merchants Claim to Have
Formed an Association
to Buy Wheat.

For several days past several o
the merchants of this city have beer
complaining that a great amount u
wheat tributary to this city has
been going to Royalton by reason 81
the action If local buyers not meet
ing the Royalton prices.
Chas. Gravel stated this morning
that Rovalton paid 81 cents Friday
while the Little Falls dealers paid Is
cents, and claims further that Roy.
alton receipts were about $500 bush
els. while the receipts Of this city
were not over half that figure.
This report may or may not be
true, but it hardly seems possible
Today local dealers put the price
up to 50 cents, which they claim is
cents above Minneapolis prices de-
Quoting freight rates and small
rate for handling. A telephone mes
sage fl ON the Royalton Milling com
pany, of which Mark Murphy is
manager, stated this morning that
* cents was the price being paid by
RoyaltOn buyers today.
ROyaltOn has a half cent better
rate to Minneapolis than Little Falls
has, and the same rate to Duluth
but her dealers are certainly not In
shape to pay as much more as is
claimed for wheat than Little Falls,
and according to the best informa-
tion we can get Royalt0n dealers
are not. Two merchants are buying
wheat at Royalton and they occa-
sionally indu lge in q little rivalry,
running the price up perhaps one
or two cents above the list. but these
bursts are only spast'odic, and the
list price, the same as at Little Falls.
is paid almost all the time.
However. some Of the merchants are
dissatisfied, and one OF them states
that an association Of merchants
has been formed to buy wheat.
and he also claims that it is the in
teutior of the association just formed
to nav as high, ii not 4 higher price
for wheat than any other market In
this vicinity.
He stated that the association
would begin at once. using the fiat
warehouse of Chas. Gravel, on the
sidetrack near the elevator. and T.
J. Ma thieson's fiat warehouse on the
the West side. He also states that
the price will be made 81 cents to
start with, and claims that other
local dealers will be forced to meet
the prices OF all markets In this
vicinity. All the local dealers claim
that they are paying the limit. and
say thew can't pay more and come
out even.
It was also claimed by some
merchants that Royalton was pay
ing 10 cents more for potatoes than
Little Falls dealers are. One local
dealer showed quotations from deal
ers In the large cities to whom he
had written for prices in coDte1mpla-
ton of shipping. The local price is
% cents, and the Minneapolis price is
from 80 to 81, and it can be readily
seen that it ia impossible to ship to
Minneapolis at those figures.
Quotations from st. Louis. Chica-
go, Indianapolis and Cincinnati were
not much higher than Minneapolis.
and with the difference in freight
rates it was also Impossible to ship
to any of the other points named.
THERE is undoubtedly some mistake
about other places paying such great
prices for farm products, for their
dealers are no more able to q" bust
ness for fun and at loss than are
the Little Falls dealers.