The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-11-18
Correspondence Of The Journal.

correspondence "a LAG JOu1ud1s
Winnipeg, Man., Nov. 16.-For the
is having an extended experience with
the independent grain exchange. Reg
ular operators have already raised the
hue and cry against the institution,
charging that, it is doing a bucket
shop business. The bucket shop has
not been unknown in this country in
former years, but never has there been
the same concerted effort as has been
instituted by former twin city operat-
ors. =. = :
:. The latest and most formidable ex-
ploiters of the hitherto unworked Can
adam field is the Canadian Grain and
which, on the strength Of Manitoba
charter, has established a string of
Offices extending from Port Arthur and
Fort William on the east thru to Cal
gary and Edmonton, on the west and
has already a dozen or more intermedi
office. The men really behind the COM
pany are George W. Wood, late of the
Edwards, Wood & Co., of St. Paul,
MINI. president; a. man named Dale,
also of St. Paul, vice president, and
Frank w. Densmore, late local manager
here for Edwards, Wood & Co.,
and now secretary of the Canadian
Grain and Stock. company, limited.
While the above three men are os-
tensiblv the officers and leading spirits
in the concern, it is. asserted that
George J. Hammond, well known in con
anection with the. Coe Commission com.
pany, is also interested.
The new firm has taken over the bust
ness Of the Wisconsin Grain and Stock
company, which succeeded Edwards,
Wood & Co., That the former firm
is determined to sfmake goodO here
is evidenced by the fact that they
signed three years contract with the
G. P. R. and c. N. r. telegraph com
panies for a wire service between their
various Offices. This required a de-
posit Of 100000, but the money was
promptly forthcoming. -, :
The existence of this concern has, in
an unofficial manner, come before the
local grain exchange, whose quotations
are daily posted on the. boards Of the
Canadian Grain and Stock company,
limited; Up to date no effort has been
prevent this use Of its quotations, but
the question is now under advisement.
The law regarding bucket shops, as
set forth in the criminal code Of Can
ada, is q drastic one. For the CON
victed bucket shopper the maximum
penalty prescribed IN the code IS three
years in the ,penitentiary, while his
patron is liable to no less than FIVE
years. It is the intention Of the con-
Germ, if their advertisements can be be-
lieved, to open Offices at every import
ant point thruout the Canadian west.
Among other things the company claims
that by its entrance into the Canadian
field the price of wheat will be in
creased to the producer from 3 to
cents bushel.
A new element has within the past
year been introduced into the immi-
grafton problem Of western Canada,
and more particularly of Winnipeg
which has resulted in anything but a
| desirable condition Of affairs Within
the past twelve months the influx of
vicious negroes from southern cities has
assumed alarming proportions. Daily
records of the police court here clearly
show that the newcomers are decidedly
not creditable representatives Of the
colored race.
Only recently one Of the most motor
ious celored characters Of Chicago,