davidaulloa/AmericanStories huggingface dataset:
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05
GRAIN FIGHT IS BITTER
NEUTRALITY-SUSPICIOUS. CONTEST WAX
ING HOTTER-THE SITUATION
TODAY AS SEEN BY DULUTH.

g, H. Thornton in the Duluth Commercial
Record Of today, says: For ten years past
the Commercial Record has studiously ,refrained
from, interfering with or becoming embrolled
in the Superior inspection matter, for fear Its
opinions would be construed as official express
sons Of the Duluth Board OF Trade. Further,
we had an abiding faith in the ability of the
Minnesota men, who had built up the magnificent
elevator systems at Superior. to take care of
their own when the time arrived.
.tIn the first place the Superior Board of
Trade is dead absolutely dead, beyond hope of
resuscitation, and it is with some regret we sec
it 20, even tho its main efforts In the past
were always expended in tearing down some
thing that other people built up. And even In
this matter they were not content to let well
enough alone For ten years past the three
or four concerns doing grain business In
Superior we're permitted to sell their grain to
Duluth, had all the advantages OF the Duluth
Board of Trade, it's quotations, facilities, etc.,
without owning a membership IN Duluth or pay
ing dues or office rent Or tax of any kind.
7sUndoubtedly that condition would have gone
on indefinitely, but when they attempted to in
woke the aid of special laws to hinder and pre-
vent legitimate business, it was time to turn.
s.ln case the people Of Superior do not realize
what has happened to their Board Of Trade,
we will state there is not an elevator in Duluth
or Superior in which Superior Board of Trade
man can place car Of grain except Elevator
at Duluth, and as that is operating under
Minnesota inspection, his car would have to take
Minnesota inspection. Further. there is not an
elevator, mill grain-shtpper connected with
the Duluth board to whom the Superior man can
sell a ear Of grain without paying the regular
commission charged everyone.
"Possfbly the intelligent grain men Of Superior
are not wholly to blame for the condition that
they have brought on themselves. They were
undoubtedly egged on by the man in the street
who has always been ready to go after what
other men had constructed. But If this be the
case, they have simply for them killed the
goose, etc.
.eThe Duluth Board OF Trade and all It's mem
hers are now a unit in this matter, and II
Superior wants new Board Of Trade let it do
from the ground up, and 1t will then be all Its
own.
zone other matter. Talk Of tax reprisal is
foolish We have heard Of Industries being
taxed out of existence, and we desire to say to
Superior and Superior people, and this knowledge
is exact and accurate, that the grain business
on either side Of the bay cannot stand another
cent of taxation. Further taxation would not
only drive the business from Superior, but would
drive It from the head Of the lakes.'.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05
MARFIEIaD-GRIFFITHS co.

Wheat-With continued favorable weather
conditions prevailing turnout the northwest,
which causes the plant to make rapid progress
and is unfavorable for the spread of the rust
infection, our market opened weak and de-
practically the lowest point Of the day. Trade
Is very light and mostly of scalping char
acter, with very little stuff changing hands.
The favorable conditions over the crop out
look, rust being forgotten or ignored II pres
they look for an average crop of good quality.
Sentiment is becoming more bearish every day,
and bull is hard to find. Lack of news was a
feature the only bullish news received, being
kets were all closed, but it was reported that
foreigners were covering short wheat. South
western receipts continue moderate, but not
SO large as last week. Cash demand at st.
Louis and Kansas City is fair, but our market
is receiving considerable wheat from Nebraska
and Kansas, which tends to take the edge of
cash premiums. The export demand is very
dull at present, but it is expected that it will
pick up later on in the season, as foreigners are
looking to to make up the deficiency in Rus
sian and Hungarian crops.
The weather conditions In the northwest con-
tinue to be the dominating influence in the
market and will continue 10 until the crop has
been harvested. Haryestin gwin become, gen.
next week, and unless very unfayorable weather
develops inside of q week or ten days. nothing
can stop the farmers from harvesting good
crop in that section. Bearish sentiment seems
to dominate the market and until something
develops of bullish character, we would only
advise the conservative purchase OF wheat OF
49, COARSE GRAINS.
Both corn and oats were weaker this morning
in sympathy with the wheat market. There fl
fair export demand for both cereals. and the
Corn may have a slight decline from present
prices, when 1t should be a good purchase.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05
EDWARDs-WooD co.

WHEAT.-Persistent selling on good weather
that there is a triple holiday in British mar.
eft about last af gu
tom figures. What news there was from con-
ports Of shortage and loss to wheat The cash
market followed down with the futures, and If
ticalfy unchanged, the American level Of prices
win be below the export limit. Word from
the crop that is being harvested in the north
had no strong cables to contend with. the slump
in the northwest over 2 cents.
crop, says: vivid oats are more prevalent s in
the wheat this year than ever before in this
Of e at M as # s
weeks before the wheat, could not be much
in evidence in thresbing returns but it is a
tity of the wheat yield. In sections OF
South Dakota as much as s per cent of wild
From northerly points in Minnesota and North
Dake tn few additional reports Of rust were
reeedyed ALT It Is Sc, estimated on basis Of twelve
South Dakota where rust is present, that the
yield has been decreased by the pest from tc
20 per cent. These fields, however, are by no
means all from which reports have been made.
The, recession today makes ewheat look like a
gGod1 purchase e. as the demand for export is
Corn-The weakness in wheat caused corr
to slump and lose large part Of the advance
made earlier II in the week. The news was moi
of a marked different character than that which
was used to put up the pricese two days ago
Receipts were only moderate. Export demand
| good and acceptances, taking into consideration
the sharp advance in cash bids, We're light al
| this advance. The crop was not quite
so favorable in Illinois and Iowa, where farm
| ers are complaining Of dry weather. Out fl
Kansas the indcat lions favorable. and new
! from the northwest was along the same lines
Corn at this level, and at any further recess
sions that may take place.: looks purchaseable.
! Oats-Hardened up little and did not re
| fleet the weakness in wheat and corn. Goo
cash bus mess was reported at slight advance
and receipts still remain in the moderate class
There is an avalanche Of oats awaiting har'
i spots in the market, and therefore, we can
| not advise purchases at this level.
Provisions-The run of hogs today was ex
| tremely light and prices were wei lmaintaine
at the current high level. Provisions were stron
| and active and while there some recessio
| from top figures at the close in pork, during tn
session this commodity made another high rec
ord mark for the year. AS the supply of prim
hogs during the week has proved Inadequate t
| the large requirements of the trade and as n
improvement in this particular can be looked fo
at present in spite of the high prices. we favo
the long side of provisions for considerable full
| Their advance
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05
LOOMIS-JOHNSON-LE;E; co.

Wheat-The weather map this morning showed
heavy rains turnout the lake region, but Min
neapolis appeared to be about the west line
of the storms, and no rains to amount to any
thing showed on the map in the wheat fields
of the Dakotas and western Minnesota, altho
1t was cloudy in North Dakota. Private wires
reported 1T raining in Fargo and other points
As whole, however, the weather was con-
sidered good for the growing crops. There
Liverpool repetition of the brilliant crop
reports and predictions Of fair weather for to-
morrow gave weak opening to the market,
September opening at S9Bc, December at s3%c.
The tone weak from the start. This be-
came more pronounced the session advanced,
September wheat closing at 8Sc and December
at s61Ac, the low point for a period Of over
two weeks. The decrease in local stocks was
100000 bushels for the first day of the Off
cial week.
Receipts were 1874 cars, against 131 cars last
year, Chicago receiving 242 cars. against lis
cars last year. This shows considerable fall
ing off in the receipts of winter wheat from
the new crop, and would indicate that the rush
from that source is about over We see moth
ing, however which to materially advance
the price of wheat long as favorable weather
reports continue to come in from the wheat
fields of the northwest. AS we have said be-
fore, we believe this wheat at S5c Is 1owFenough,
but the market usually goes to extremes one
way or the other, and while in the past year
prices have been radically high this fall they
may be as much out Of line the other way.
Coarse Grains-Corn and oats were both weak
Chicago options being down about half cent.
Cash oats in Minneapolis sold for practically
the same as yesterday. There was but little
doing In barley, and no material change in
price
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05

Sioux City Stock Yards, Sioux City, Iowa,
Aug. 5.-The cattle run this week shows a
shortage of 600 head compared with last, and
the most of the decrease is traceable to the
limited marketing of stockers. The demand for
fat cattle at this point was never better. The
packers have been paying strong prices to get
cattle this way and the market is relatively
higher than at other markets. Good fed steers
and butcher stock were in light supply, but
close the week 15@25c higher than last and
the good grass cows and heifers are fully Zoe
higher than the low point of Wednesday of last
week. Good sized punches of steers of the dry
fed order sold from $3.50 to SIS, aud grass steers
at $3.50 to 81 %. Dry-fed butcher stock sold at
1896 to $4.25. In grass cows prices ranged
from 1925 to $3.50, and the receipts large
~ to the better grades, selling from $2.75 to
$40. Gamers and the inferior grades Of
.grassers" show no particular change with last
week, and sales range from $3.50 to $2.4o.
The stocker and feeder trade has been with
out special feature. The falling off in supplies
this week has had the effect of well maintaining
prices in general, and some strength developed
Wednesday on the more desirable Of the offer
ings. At this season of the year the market
Is very uneven and depends entirely on the out
let from day to day. Dealers who are doing
business have paid steady prices for the avail
able marketing, but there has been better
tone to the trade than last week, owing to the
fact that receipts have been more evenly dis
tributed as well as less in numbers than last
week. Little encouragement can be given for
the coming week, as farmers are not thru with
harvesting IN Cn1S territory. In the near future
however, farmers will be giving their attention
to the cattle business when the fall run will
naturally open up = IT.
Hogs-Receipts fall short Of last week and
with 10000 on. sale the run shows a shortage
of 5000 head Values have shown a decided ad-
vance this week, especially the gooG
butcher and light weights and the high day
was Wednesday, which was 15c higher than last
| weeks close. There was break Of dime
Thursday, but this decline was later regainet
and values close the week, ranging from $685.
| to 1918, and the most of the sales at S5.55 tt
$3.50. A wide margin Is being drawn between
| good lights and butcher weights, which ar,
selling Csc apart The heavy receipts for the
| past month have, pretty we'll drained out thi
territory in the hog line, and for the balanc,
| of this month only a moderate is looked for
Hogs-Receipts, 1000; &c higher. Sales: Ct
270 lbs, $3.50; TO- 2SO lbs, $5.65; TO, FL
| lbs, $3.50. = ~ .a-
Cattle-Receipts. 200; steady. sales Beeve
-l6, 1,1oo lbs, $3.75; 10, 1,Oso lbs, $4.25; 10
,2so lbs, $4.s5. Cows and Heifers-10, 800 lbs
s225 10, $50 S lbs, ss15; Z, LOO lbs, s.
lbs, 1925; 4, 100 lbs, $780,, Calves and Year
lings-s, 40 lbs, $3.50; 1850 Lbs, $s.4o; 9
| $50 lbs, $3.50. fJt.s &...5.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05
LIVE STOCK
FITCH & co.

South st. Paul, Aug. 6.-Cattle receipts light
for the week. Grass beef steers are selling at
$3.50 to $4.25; COWS, $3.50 to $3.20. The de-
mand for feeders and stockers strong to 25c
higher on the good kinds. A good many buyers
went home without cattle. The banner hay
crop and good showing for crop think
should make steady to strong market for cat
tie this fall. Buyers are warning against the
knot head steers
They claim there is money in them to feed.
would seem appeal for higher class bulls.
Would say If you want to raise the price Of
high and not enough Of them to supply trade.
slow. =
The hog market is SC higher today, light
receipts and strong demand Prices range
from $5.45 to $5s5, with the bulk selling from
$5.65 to $5.75.
both fat and feeders at firm prices. Fair to
good fat lambs; 1915 to $6.25. Choice around
Sc, So
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05

dog prices DC higher today; receipts very
light, and hardly enough to make market
Demand is very strong. Quality better than
causing sses to On higher
to $5.75. Light, fair to good, quoted $5.75
to $3.50; choice, $500 to $685., mixed, S.. so
to $50; prime, $5.75 to $3.50; heavy, fair
to good, $5.45 to $3.50; choice, $575; packing
grades, $5.10 to $40; compared with a week
ago prices about zoe higher.
Hogs-11, 1877 lbs, $3.50; 20, 244 lbs, S. IS;
3d. 240 lbs, $5.75; SO, 227 lbs, $3.50; 1s, POI
lbs, $565; so, 27O lbs, $5.65.
Pigs, ,Roughs and Underweights-S, 3O7 lbs,
$6.25; 8, 256 lbs, 1925; 2, 465 lbs, 1925.
CATTLE-Receipts very light, not enough to
fed and grassy steers and cows. stocLers and
feeders close week strong at advance of Zoe
on most grades. Bulls veals and mich COWS
close steady for week.
Butcher Heifers-s, 1,012 lbs, $3.50; 2, LOO
lbs, $500.
Cutters and Gamers s51 lbs, $3.50; 2,
as5 J.! lbs $ S1a g. 1913 lbs s2s5; s7e lbs,
Veal CaIves-1 Ito lbs, SIS: 5, lis lbs, 81. rs;
ii, 23o lbs, $4.25; 2, 95 lbs, $3.75.
Stock and Feeding Steers, ITO lbs, S. rs,
Stock and Feeding Bulls-8 $50 lbs $685. 2,
Mich Cows and springers-3 caws, calves,
$1Oo: cows, calves 500; cows, 2 calves,
$50: cows. $5S: cow, SIS.
strong. Prices steady with weeks advance on
all kinds Of sheep and lambs. Top spring lambs,
$3.50; top ewes, $435; no sales.
Among the shippers the market were:
Weinzeril Bros. & Co., st. Bonifacius; Z, P D..
Austin; G.. G. Gullbrandson, Marietta; L. Bis.
ner Belle PLANE; Sibley County bank, Hender-
son. f.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05
GRAIN
CHAS. E. LEWIS & co.

Wheat-News scarce and there hard
~ an incentive to trade in wheat The only
bullish item was the continued unfavorable
weather abroad. Prices dragged from the
start, with light trade. The English markets
were closed, but New York claimed foreigners
were covering short wheat here. The weather
in the northwest was fine. Worlds shipments
estimated at 100000 bu.
Corn-Ruled easier thruout the day on an
overrun in local receipts, and somewhat better
country acceptances. Speculative trade light.
Weather fine turnout the belt, with scattered
complaints of too dry conditions from central
Illinois and Indiana.
Oats-Oats were heavy, inuenced by liberal
receipts and affected by the pressure of hedg-
ing sales.
NEUTRALITY-SUSPICIOUS. closed a shade easier
after session of moderate trade and slow
support. Considerable uneasiness Is being mani
Tested in respect to the holdings of September
nOrk.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05
C. G WYMAN & co

From the action OF the wheat market today
1t would look as tho it was worked up yesterday
to sell on, for today without particular bearish
news decline Of &c occurred, and the closing
was extremely weak at bottom.
Showers over the northwest followed by hot
weather. was not favorable for the maturing of
the late wheat, and news from the Russian
crop is as uncertain as it has been at any
time.
The Russian crop cuts about as much figure
in the worlds supply as the crop of any grain.
producing country. Last year their crop of
rye was 800. 600. 900 blu and their crop of wheat
663 O0O, 900 bu, but last years crops were above
the average. - s4sss5
crop this year was estimated at los, 900 600 sbu
20. 00O, 900 blu more than last year, There was
no Liverpool market today, being holiday until
Tuesday.
The situation of the cash wheat market at
the different winter wheat markets was very
bearish today.
q kansas CITY message at 11;ao am. said.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05
GOOD CROPS STIMULATE
TRADE EXPANDS AS THE CERE-
AIS PULL ALONG-VOLUME OF
BUSINESS RUNS HEAVY.

New York. Aug. 5.-Bradstreet's today sayDs
Trade and industry improve as crops mature.
Fall business, while not yet in full swing, shows
signs of expansion, and western trade opens
week earlier than last year. Weather condi-
tons have favored crop growth and harvesting
fear Of rust damage to spring wheat has dis
appeared. Corn promises record yield, and
both demand and collections have improved as
the result of early wheat-crop movement in the
southwest.
Midsummer quiet. so-called is less than ordi.
narily manifest this year in trade, industry and
financial operations Bank clearings for July
break all records for that month, failures
strikingly few for normally dull period, and
railway earnings show progressive gains the
best summers of previous years, with an In
crease of per cent over July, 1904. the fiscal
year showing per cent advance in gross and
per cent gain in net over. the preceding year.
The textile markets all display notable
strength. Best trade reports come from the
southwestern sections. where the new winter
wheat crop has been good and is moving freely.
bracing Oklahoma, Kansas, Missouri and Ne
braska, have all improved. In the northwest
trade sentiment is stronger. now that rust dam
age is no longer feared. Trade in the south
is irregular, Mississippi valley shotgun quaran-
| tines affecting demand and shipments. but in
| the South Atlantic states and in the Industrial
! centers the feeling is quite cheerful and fall
! business is looking up.
New buying Of pig iron is quieter than of
late, but small individual sales make up good
| total. Finished lines show increasing demands
Y
| operations in most departments. Rail sales have
been numerous and all that can be delivered this
year are already booked. The lake ore trafic
in July was in advance of any preceding month
| In the country's history
| Eastern shoe factories are busy in fall orders
! and shipments weekly exceed last years at
| this time. Leather Is strong and active, and
hides have again advanced.
The City of Mexico correspondent wires that
| excellent crops Of all kinds are anticipated IN
| the republic. Everything points to continued
prosperity in that country,
Wheat, including -four exports for the week
ending Aug. 3 1.O41, COG bushels against
,314 last week, 1870, 1913 this week last year.
8, O4O, 500 in 1903 and 4244, 1863 in 1902. From
July 1 to date the exports 4,373.643 bushels
! against 6.565,372 last year. 5o47, 253 in 1908
and 20, 793. 2o3 in 1902.
! Corn exports for the week are LOIS, 675 BUSH
els against 773,621 last week. 273. 365 year
! ago, 1884. 42s in 1903 and 70O,610 in 1902. From
July to date the exports Of are 4,747.763
| bushels against 25s3,9O9 in 1904 824, O93 in
1903 and 494. 1897 in 1902.
| Business failures in the United States for the
week ending Aug. numbered 17s against 1877
| last week, 179 In the like week of 1904, 169 in
1902 and 1873 in 1901. The Canada failures
| for the week number % as against % last week
and % In this week year ago.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05
WHITE PINE rs VALUABLE
Even Isle Royale Is to Be Logged
Ashland Shipments.

ASHLAND, WIS.-Up to the LIST day of August
there was shipped from the port of Ashland
As. 971. 600 feet of lumber and during the month
of July 13O7OOOO feet. This record exceeds
last years shipments at this time by about
s 1000 900 feet, but falls below the shipment OF
1903 by over 30,OOO,0O0 feet and is only about
40 per cent of the shipments on the LIST OF
August, 1902. This shows how north Wisconsin
lumber is disappearing from the market
There is great deal of standing pine left
in northern Wisconsin. but most of 1t is under
control Of the pine kings. who will not rush
the saving of it as It is steadily advancing II
a valuable article that every available piece
Of timber is being eagerly bought up. Even
Isle Royale the lone island in the northern
part Of Lake Superior, is to be logged Edwin
f. Bishop of Houghton, formerly with the Lake
secured an option on the purchase Of the tim.
Der on the island and has gone there to make
arrangements,
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05
BIG SHRINKAGE
AT TAX TIME
INTERESTING WORK TO SAVE
MONEY FOR FARGO STREET RY.
The Supreme Court Must Decide
Whether the State Board or the Cass
County Board Has the Right to Fix
the Assessment Valuation Figures
Differ Widely.
Special to The Journal.

Special to The Journal.
Fargo. N D., Aug. 5.-The difference in the
assessed valuation placed the Fargo street
railway property by the Cass county board and
by the state board of equalization indicate that
State Senator Hanna, who is one Of the street
railway officials knew what he was about last
winter when he secured an amendment to the
state assessment laws. The amendment provided
that the street railway should be assessed just
as ordinary railroads the state board
When the Cass county board reached that part
Of their work the members were advised by the
states attorney that the Hanna amendment was
unconstitutional. They then assessed the rail-
way property here at $4,000.
Senator Hanna appeared before the state board
and that body placed the valuation at $15. 600.
ignoring the Cass county board Legal action
will probably result, and the matter win be
determined by the supreme court.
The constitution says the state board shall
have original assessment power railroads, and
that all other property in the state must be
assessed by the county boards. and these assess.
ments passed upon by the state board On this
clause the amendment was declared good.
The state board virtually fixed valuation OF
about $4,000 mile the company's propl
erty here, which is regarded extremely low.
The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-08-05

CHICAGO LIVESTOCK, Aug 5.-cattle-Re-
ceipts 300; market steady; good to prime steers.
$5.35@5.9O; poor to medium, 1915 to So: stock
heifers, Sc. 25@5; Gamers s1.25@2.4O; bulls,
So. 4O04; calves, S3@7 Texas fed steers, So. 60
OATS. r,-s
Hogs-Receipts, 10000: tomorrow, $4,000:
market &c to 10c higher; mixed and butchers.
good to eheee heavy
bulk Of sales, $5.S0@6.05.
Sheep-Receipts 1000; sheep steady; good to
choice wethers 81 6O@4. So; fair to choice mixed,
Sd "a. 80; western sheep, $4@l4.75; native lambs,
$5.25@7.4O; western lambs, $5.50@7.25.