The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-10-07
solidation of the Chamber and the
Mi11orc1 tion

! Z. Is. NeWcOmb mad othceS IN Red
Wing and Saltwater, Strong 8 Miller,
deceased) was a member, operated from
Red Wing, and Brooks Bros, of Min !
neiska, Mimi, was another house.
Lennum & Co., of which firm Nate
Lennum was head, did good business
and David Bows & Co.. of St. Paul, had
high standing in the trade. J. @.
Adams, now active every day at the
Chamber, was in charge of the St. Paul
office of David BOWS & Co., and after
ward managed the Duluth office. A.
G. Chambers was in Jamestown, N. D.,
Shipping wheat.
The Original Membership.
The twenty-six men who organized
the Chamber were:.
George D. Rogers D. c. Bell
II. G. Harrison Anthony Kelly
A. c. Rand James A. Lovejoy
John Durham Frank L. Morse
A. n. 6ode D. Syme
e. v. White S. w. SerI
r. P. Russell Robert McMuIIen
T. J. Buxton r. L. Crockett
w. F. Meader o. P. Carter
c. M. Lorng Charles Wheeler
A. D. milford e. D. Bowen
Samuel P. Snlder Samuel Morse
A. B. Taylor T. A. Sammis
From this List of pioneers the names
Of Harrison, Rand, Russell, Buxton,
Kelly, Lovejoy, Frank L.. Morse. and
syme have been stricken by death.
at last account, and E. V. White in
Gladstone, Mich. A: D. Mulford was
last heard from in New Jersey. A. B.
Tyler at last. report was a citizen of
Tennessee, R. L. Crockett is supposed to
be in Chicago, and S. W. Serl was iv--
ing on plantation near the Mississippi
river in Alabama
John Durham and W. F. Meader, who
are often recalled by the older members
when in reminiscent mood, are living
here in retirement. Mr.. Durham s
health having taken him out Of the
ranks of the Minneapolis merchants sew
eral years ago. Samuel P. Snider be-
men and business leaders now retired in
part from participation in affairs. Rob:
ert McMullen found greater fame and
more opportunity in local politics than
in the grain pits, and D. G. Bell. tho
not actively connected with the cham
Der of commerce for many years, is one
Of the leading business men Of the city.
terests of his big milling company, has
found time to win. fame for public
spirit and generosity in the affairs of
+ the park board and is too well known to
| need EXTENDED comment. - f-sa 70.
- @. P. Carter and Charles Wheeler are
| Of the class of men handicapped by age
or infrmity who yet superintend large
affairs, and, tho less active. are no less
Of influence than the younger men,
bers.
Of the original members now as act
i've as ever on the floor there are three
D. Bowen. Mr.. Bowen leads in this
respect. His, Is years sit; lightly upon
him, his eyes are as bright and his
hearing as good as ever and he keeps
in closest touch with the market, trad
ing with the .promptness and accuracy
Of men half century younger.
powerful in the northwest do not ap-
pear in the original list. Frank H.
Peavey, the Pillsburys, the Van Dusens,
| the Woodsworths, Harrlngtons, Osborne,
McMillen, Gregory, Commons, Bagley,
McHugh, Dodge, Wyman. McCaull, Dal-
rymple, Hankinson, Harper, Lamb,
names that now stand. for large invest
ment and influence extending Tar be
vond Minneapolis, are not found in the
original list
T. McCord has record extending
back. Anton HUM came here IN early
days from Milwaukee,: and the Poehlers,
are the pioneers Of all with respect to
business organization. the present firm
dating back nearly fifty-fve years.
The Minneapolis Chamber was built
up largely by the addition from time to
time of outside interests of Importance.
Thus Frank H. Peavey, afterward to
became the largest wheat merchant IN
the world did not become a member
until 1885, but had already built up
large business outside. The process has
gone, on to this day and the list Of
prominent firms originally located at
Des Moines, JAMESTOWN Aberdeen,
Winona, or other towns, that have re-
moved headquarters to Minneapolis
and hold membership in the chamber is
too long to permit of publication. Will
liam II. Dunwoody joined in 1882. c:
A. Pillsbury came in from the Millers'
association. The names Washburn,
Crosby, Croker and Barber then ap.
peared.
The Father of Futures.
Al. Sawyer was the father Of the
futures market of Minneapolis. Mr.
Sawyer was wholesale grocer in Buff
falo, N. Y. He came west over the
lakes to Duluth, put money into eleva-
tors at Duluth and found the invest
ment profitable. The rise Of the Min
neapolis milling industry drew him this
way. He was man of great capacity,
original and aggressive. 1t was his
idea that there could be no great mar
ket here for cash grain without mar.
ket for futures. He foresaw in meas
ure the development, then undreamed
of by many, and now accepted as
matter Of course. His idea was that