The Minneapolis journal., 1902-08-02
BUSINESS FOR RVS JAMES GRAY IS OUT
M. & St. L. Drawing on Sure Crop
III Region. 4. -
FUTURE OF COARSE GRAIN TRADE
Much Depends on Minneapolis In
itiative-Chicago Lines Have
Bright Prospects.

President Hawley, Vice President Day
and others deeply interested in the sue
cess of the, Minneapolis & st. Louis road,
can view with much satisfaction the pros
poets of the property for the coming fiscal
year. Minnesota and South Dakota have
done we'll by every railroad within their
borders. Minnesota soil has done remark
ably we'll for the Minneapolis & St. Louis
Results through series of years show
that the Minneapolis & St. Louis is located
in one of the surest crop regions in the
United States. From a line some dis
tance north of the Minnesota river into
northern Missouri is region which has
record in crop production second to
none.
There is little difference in the general
crop results along the various lines of the
Minneapolis & St. Louis. There is more
wheat on the western division, naturally,
than on the southern and southwestern
lines. corn and barley being we'll up in
crop production in the southern counties.
Minneapolis Prospects.
The Minneapolis & St. Louis is more
corn and barley market than any other
road in the northwest. It's management
has continually fought for shipments into
Minneapolis from the south and south
west, territory where the Milwaukee and
North Western: roads, were endeavoring to
pull the grain into Chicago. In 1900 when
Minneapolis elevators had storage capa-
city to spare because of the short wheat
supply north and west and the elevator
companies were more aggressive than
| usual in the corn and barley trade, the
Minneapolis & st. Louis added considerab-
ly to its receipts in the haul on these
| grains from the southwest. 1t continually
| took grain from its connections for storage
| in Minneapolis elevators. Last year the
movement Of coarse grains was toward the
southwest on account Of the short crop
/ in that direction, and although the Minne-
apolis & St. Louis scored good increase
in earnings it missed the returns from
| the coarse grain haul included in it's busi-
crop of these grains along its lines and a
crop of these grainhs along it's lines and a
fair crop along the Lines of it's connections
in Iowa, the Minneapolis & St. Louis
| management will, naturally be interested
in the course grain. trade this year. There
will probably be a good increase in Mime
| apolis & St. Louis earnings IN any event
but the increase will be much greater il
| Minneapolis advances her position in the
| corn and barley trade.
The Iowa Central. has not Jared so well
as the Minneapolis & st. Louis. Its terri
| tory has a fair crop but not the same even
results on all parts OF the system. The
Iowa Central has made slower progress
than the Minneapolis & St. Louis and in
|
dinary showing in. the coming year.
Chicago's Pet Lines.
Chicagos two pet roads, the North
Western and Milwaukee, have plenty O.
grain tonnage in sight along almost theil
entire mileage in Minnesota and the Da
kotas South Dakota will prove fa
thing for these systems this year. The
| state has the best general crop in its his
tory and these roads have most of the
railway mileage. The development which
will result from this crop will be biz
factor in the coming years business o
| these roads in South Dakota. There viii
be more building material and more mer
| chandise to haul.
| A portion Of the c9Ha has mileage il
southern Minnesota has "a. poor crop 0
wheat, but other grains are eHyielding we'll
There is a good crop along most of th'
| mileage of the Rock Island n1South Da
kota, northwestern Iowa and southern
| Minnesota