The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-07
new BUCKETSHOP
1ANGLE ON CHANGE
MILWAUKEE-SUPE COMBINE
WOULD TROUBLE MINNEAPOLIS.
Chicago Men Go Over to Beer City and
the Move May Mean a Milwaukee
Alliance with Board Which Recog-
nizes Firms Under the Ban Of the
Minneapolis Chamber. 49,.

New compiled tons likely to draw in
Minneapolis have arisen in the war be-
tween the Chicago Board of Trade and
: Milwaukee Chamber Of Commerce. Two
members of the Chicago board, who
were also members of the Milwaukee
chamber sold out their certificates in
the larger market yesterday and an
nounced that they would tie up to Mil
waukee hereafter. This was a surpris-
pull out of Milwaukee and leave that
smaller market to die was quite to be
supposed, but that little Milwaukee
would show fight and that the thing
might work the other way, as well, was
not thought of. The directors of the
Milwaukee chamber are in session to-
day to settle the all-important question
of submission to Chicago's obnoxious
rules, or, or severance of CONNECTIONS
and a try at it as an entirely independ
ent market. So. 4 p. - .-
Minneapolis, to this time quiet
| spectator, now gets close to the point
of active interest in the fight, because
of the hint that if Chicago does not
back down the} Milwaukee chamber will
ally itself with Superior. The Superior
board of trade I. has no very strong recog-
case of the Minneapolis chamber
again Edwards, Wood Co., decided
in the Ramsey county district court
last week, in which the chamber
lost, was based upon the con-
tention that the Superior board of
trade quotations posted by Edwards
Wood were really Minneapolis chamber
quotations inadisguise. The court held
the evidence insufficient. ....
superior's Standing. ..,
The Superior board of trade, while in
fact an organization of good legal
standing, has never received much com
mercial recognition either from Duluth
or Minneapolis. While not in itself
classed as bucket shop some of the
smalled speculative grain Offices post
ing It's quotations have been So consid-
cred by the larger exchanges, Mime
apoHs and Chicago. In fact, no definite
statement of the attitude Of the Mime,
apolis, chamber towards the Superior
board Of trade has ever appeared. The
Minneapolis chamber has not found the
Superior board important enough te
warrant much attention. But if Mil
waukee and Superior should hook up as
proposed, and Minneapolis continue
| doing the present important volume OF
business with Milwaukee, some more
board would be necessitated. IF the
Minneapolis chamber recognizes Super
| ior as a trading body, and gives the
Minneapolis quotations to Milwaukee
and Milwaukee in turn gives them te
Superior, then small firm having only
a Superior board of trade membership
and posting the Minneapolis quotations
obtained thru its Superior wire con
nections, could hardly be considered 6
bucket shop, nor is it easy to see how
the Minneapolis chamber could stop ii
from using the Minneapolis figures, un
less it refused the figures to Milwaukee
and put that market into the unrecog
nized class, a propositions that woulc
meet opposition from Minneapolis mem
bers doing business in Milwaukee
4 H. =. superior's Claims.
Superior claims that Chicago, Duluth
} and Minneapolis are all fighting tn,
: Wisconsin grain inspectors, and THU
may bring the Superior board to tn,
support of Milwaukee Buffalo is act
, ing in part with the Superior grai1
men, rather than exclusively with tn,
}. Duluth body, and the North Dakot;
; farmers are represented on the Wis
consin grain inspection commission
which is composed of. one North Dakota
one Buffalo and one Wisconsin man.