The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1902-03-14
TO BOND TWO TANKS |
Electric Steel Elevator Co. Prepar-
ing for Canadian Wheat.
G. P. RY. CoNTRoLsTHE SITUATION
Line When Crops Are
Short.

Minneapolis elevator men are making
arrangements to store Canadian wheat
in bond at this point Arrangements are
being made this week for storage ca
pacity for some of this wheat and other
arrangements will probably follow the
investigations local grain man are now
making into the conditions in the west
ern provinces: Application has been
company of &is city for permission to,
bond two Of the big tanks in its big ele-
vator in which to store Assinaboia grain.
The capacity of these two tanks is $780,
900 bushels. Customs officers are exam
lining the elevator to-day before passing
upon the application.
G. b. Thayer, manager of the Electric
Steel Elevator company, has recently
returned from trip through Assinaboia.
He says that there is no reason why I'M
der ordinary conditions the grain of
western Assinaboia should not come to
Minneapolis. He does not think much
progress can be made with shipments
from eastern Assinaboia or Manitoba as
that grain will naturally go east over
the Canadian Pacific to Canadian ter
minals except in times when the Ca
madam transportation facilities are in
adequate as at present. But this years
immigration into the vast territory west
and north of Moosejaw will open a new
wheat country which will ship most of
it's product to Minneapolis If given the
opportunity.
The C. r. r.. Holds the Key.
It is the opinion of many grain men
who have studied the Canadian situation
that only when the terminals and receiv-
ing points in Canada are congested will
the Canadian Pacific be willing to make
rate on grain that will allow it to come
to, American terminals. At present a
special rate has been made by the Ca
nodian Pacific which gives Minneapolis
and Duluth the same rates on Canadian
grain from various points in Assinabo1a
as Port Arthur and Fort William. This
rate is likely to be withdrawn when the
conditions warrant it. This will give the
Canadian terminals the advantage ON
grain from eastern Assinaboia and Mani
toba On grain from western Assinaboia
which is to become one Of the big wheat
producing sections in the near future
Minneapolis would continue to have an
even chance.
Canadian Charges Complained OF.
Farmers through Manitoba and Assina-
boia complain that the elevator COM
panies are taking more than their legi-
innate profit out Of. the grain. This Is
said to range from six to nine cents per
bushel which is exorbitant. Farmers
meetings are being held to protest to
the dominion and provincial officers. The
producers Ill western ASS1udUOld oil .
turning to American grain men for as
sistance. East of Regina it is said that
most of the Canadian farmers have
grown to look upon the United States
as foreign and as far away in matters of
trade as France. Geography and the
sentiment among the farmers has con-
WINGED many Of the local grain men that
Minneapolis best opportunity in Ca
madam grain is in the country west of
Regina. h.
On all Canadian grain brought here by
the elevator companies a bond must be
furnished for fifty cents per bushel or
twice the duty.