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L^ . _ "' - - " . ' >--~^--J^fe - • : The United States will this.year consume 400,000,000 bu. of wheat for food, and seed re- %2 -f £j} , :-. . ■■.-.-■ ' „ . . ■•-j ■■-, .;.:-..>„■-, -_ ;. ,■- ■■;: • \-n-\ .-.:•.: ..' _....- •■■•^•->^ r-i-yi ■- '■■"■■_ •'■• 'l n ■■■"y ■■-:--■"• quirements will be about 70,000,000 bu.; over 100,000,000 bu. has already been exported, so \? 411^ •' B i!!!^^^- JJ_{fT!JJk_ I^P^^K i^ll: ■' igtffi^ll idß^gk : v A, Mflflflflttflfl Bltig., St. 1301. ■■' ■■■: ■■■* that 570,000,000 bu. of this year's crop is accounted for. The crop has frequently been estimated ** *5 1» jBT& S _fg^BeF IS i JM _<Sra(lPisf §m !■ g°|O at less than 600,000,000 bu. and wheat still continues to be exported at the rate of about 1^ vm «L jlff^ff^ J&& 1 ri^gF w2"afc_Sw IBM ■■ 5.000,000 bu. per week. It is well known that on July Ist, the beginning of the crop year, stocks ■ jS2 y^ • HSf *ij . ;;^&JSr- %3____j|F BB_B§s^ \ -N^ 1 :.. ... ™ ■■»:;;; ;-'\--;'3lw;:|)o3rU-*ol^lMU6jvlltllUtll. i.'-'-.-v- -;: ; .■; at home and abroad were very small. It is therefore apparent J. that good wheat will be' a scarce -.'. %*"' £5 -^ . - - ' :«.■:■.■- : ;^ -v--\ :...,- :'-■,.-:".. :; -• . - : :-: '_ •■■■".",-[/.,. —/ ,; c '. '/.-.,^ ,■- . v- . -— ~—./ .. . . ■■•:- - .article next 7 spring. Furthermore, the Northwest and Canada have the only wheat of good ij>-5? : ',' £^ ■■- , • -«'.''•-> i, ■' ' .■■■-■ ity that is available for export. Russian wheat, that grown in Western Europe, the United King-\?;^?j' .•'-__ .. ; - , v •■,.-■ ■ . ■ " . ~ ' -•• -' . •-~ >- dom and our own winter wheat is ; either damp or otherwise of poor quality, and there is- a world- - rsk?' ■ ****</*. B BWIHfv ■ ■ £&^& M B wide demand for Northwestern and Canadian spring wheat for mixing with these lower grades. n5 Eiim W^sl MW^ f&i^%k^kff 8 ££!?£ 84^^S^H Tl__^^__?^ B^|B^ The Armour Company, which has shipped millions of bushels of spring wheat from Duluth to jf2 Vialj || B^^r B^^r 6 S^vfl TqBSF V W^^E^ B%^ 1 Chicago for mixing with winter wheat and are certainly well informed as to the facts, are the £t? rt t ' " •.- - ■.■ ; .;. t w■ . . * "- . . . - - • ;- Ij leaders of the present strong ; upward movement in prices. There is nothing artificial about ; the _j 3 Z]^ b7 . . " ' V - .. -■ * ' ' " '-- .■ :■ .- ■ •■-■.'- —~ ]:■ 1:, >; present price of wheat.:. It is worth the money on a -legitimate supply and demand basis and^we X? j|s • believ« that investors at present prices will reap handsome profits. , ._ I €~^ F? TNJ- — I © Bought and Sold in AH Markets fop Gash or on Reasonable ERargEns. , **-* >yivl S r^ --.::* * ;;. -- v: . '.>;"'::-^■r^-'\r-\r"^'^:r:;.f^;V^ -> v; ;. ;r- r r~- " . • ■' ;T7 "'■}.'!"' ""--"-■ This week there have been sensational advances in the price of December corn, followed by r- yfi ' "^ " . - ' v ■ ; - --:.,,.:.-,.,,.„. :. .- a decline of 6 cents from the high point reached on Friday 53 cents, and a recovery to 55 cents." m^ - <jk ■•' -— ——_—■' ; ———— .'..'.,, /. — '. ,;. — ... .: —.... " '. .' -—- '.'.,.." -, . . — '■ ;. _.-.. — ■ -;..- •„.;.. \^ .::/■■*-; >... • .:.. ■ -- ■- . ■ .■•■•;■ :■:*• The present low supplies, small receipts, and the extremely, small proportion of contract corn "&n ** lariinrnO (\r fill DDIMPIDI! -'-■ CVOUANPCC - ' .: . ~ PRIVATP WlflF^ l in the --receipts,- together with very unfavorable weather for the movement and grading of corn, h^! I g MhmbbKo ur ALL ;rKIHbIrAL tAVnftSibtd i, . r . : . ' V ' rniinic winM, f have made it easy to corner it Speculators at Kansas City and St Louis - were so prejudiced by a^©i 'k '—-— ". .'.— . . , —; ~~—.-..., ..-. .-..-.• . ..:;., -.;- •:-.••..:':' >-.^;- ."-•:-'•-'.'■■.;."-'r ;'" ':■'"■■■ '/■". ": ' . -r'..- -v: '■■.;-:■'.• - •'/-- - : '?'-\'^'''y "■''! ■'.' -"' - " ■■"• .V^.' "■/'•>> L: i, : good corn crop in Missouri and Kansas that they sold the crop short in the Chicago market and • 6y:~ S . .*".■"- '-''-\" ""^\'- ".-'■'";_ ''"'"• ;" ■";.., : -:'.'","" •;.•-■- "■-■-.; ;T V; -. "^s^f '"" have lately been covering their short sales at a heaVy loss. This has been a poor year for bears «n ggk ' • . • - .;' -.- , • S v>; -qii;>— " . "v in the grain markets, they having invariably lost money. The decline in the price of the Decem* '';V 5 Write for our daily market letter and private telegraph cipher, ber did not surprise vs 'as we have all along contended that the short interest in that delivery ™ g st vi iii.v> iui jui v*v*j.jl^ - . .: x- : •■. - •.. ■';-;"■-."■.•■-■■•;-...:. '. t^, v-.'-"■■; ;.iy..,..',.^^t-..'-'.'.-U'.^ ■:■:'•■•■■-■■"■'.■ ■ not large enough to warrant carrying the deal through to the end of the month. We believe that .«7 . rfi *Is±r\ -Qfcin. * r\T\ or\r\li ATI . . " ' : . J ' .;■.___ . . '-■•*^ e deal ■•.will be carried over into the^ May. It is believed in well-informed quarters that a clique «5 rh IllCilldJ. iL\s\j VJH ---- * . ; . . . : . '.^. < r..^ i±^;t..^. /-'^ i--J-*--/''' -•■'- of powerful speculators has been quietly buying the May, and preparing to advance the price. We my ■55 • We haVe the beSt pOSSible faCilitieS fOr T handling all GRAINS !§Sg; recommend salesof contract corn for December delivery, and replacing it by buying the May, thus .© --at h v uu»v hjv wv>u* jj , . i^'-v'^'Vr'--:;-*--- -'■■ . r o . -. .^.-jj - -' -. ". J realizing the present large premium of 12 to 13 cents for the December . ;' -'. : ,' mj I and SEEDS. Our WHEAT, BARLEY and FLAX salesmen '^^■:-; :^. - : -':-; -: ;■',."; ■■'■■■ ■■.':/■■,-.-■'■"■> ■.- :' | g v are EXPERTS. We make LIBERAL ADVANCES on all ship- ". .... : ' - ".^^ -ip--> - M \ ments, keep in DIRECT TOUCH with you by means of our sys- '' '.;.■■/■■"■ ■ i=r^:- l^^ T^^==: — ,§; tern Of priVate WireS, and make the QUICKEST POSSI-DLfc/ RE" -; Two months ago it was supposed that the United States had this year grown the largest ?2 tfV .. " ,V, }) ' '"/ crop of flax in its history,-. but it is now well known that the-crop is little, if any, larger than that £*;- TT TV^ OT^ SA 1 T~^^ " - • * ! = 'of last year" ;The crop ; was marketed very rapidly and the enormous receipts tended to confirm 3?) --£tk LIVIWJ v/l ■ j_/j_y • ._ . ' , .the mon held by the public that the crop, was a very large one and to depress the price to a 5?! rK -'' s -': :•:■ .:." * -, ' level that the facts do not warrant. The foreign situation has not been strong, although Europe .fevi" •• .- ;--:- '.'•■■■ "... ?■ ■ ' - -'■■' ' -'•'■' - _^ ■■--.-' :•'."-•'- "; ]"■* !.' '. > _.. ./■_. ; :-;. v? has this year taken more flax from us than had been exported last year at this time, but there is,/. Qy\ I? 'j; .. -: ■ - ,•,:-■< •■ "■ •- -: : ; i. ; ■-■---' -"-.- •-'--"-'-""" '^ '.!':"a decided improvement in foreign markets, and this week some sales Have been made for export -^Ifc!" |5 ' . ■'.'-■■';!.."''"! 1.-"." ;~ ,J , : . . " ' ';. < r^:^ to the United Kingdom. Prices of oil have advanced about 4 cents per gallon, said to be because r^ »5 . •. ■ - -•-"•■ > ■'•- ■':'■. .':■' '■• ■:--:-' '■;.' -: .-■■ =: .-:■';.-'- -___'____'■'' .c =, . .^^ j gjrf j; .; > independent crushers have their capacity well sold ahead and are not pressing further sales. The 5? xS $$^k Wi 'EP^lk '-- B'jOl^k ' .^^^ /^^^ ■ -' I P .'■'- i^^^k * S /^^^^ ' " Duluth;Commercial Record has been rather bearish, supposing that considerable quantities of r^ Sra I 1 I ell WkSa 1I 1 : P^l HI i N ;i^^ i B^6 Iv*l I* ,I|i 11 S '.flaxseed were speculatively held, but the market for the past week indicates that what flax is' held f7] x 'O^ & $ *i 1■ I 1 I y %rMr' HHa ■ »---s:' 1 3 V | H v'^fflk v'" *or prices, is in too strong hands to be easily shaken out. Our private advices indicate J*js |^^ % % I I I i I 1 ■ lllii ■ i f I' 3"■ •'■ * "Hl' : that at least 75 per cent of the crop has been marketed and that what seed is held back over and C^' fa 9fa t||. I '•- i' 1 I ' i ':' '. 1-1 ■ I I:ij If fa ill I 1 iljuiil'- I M^& a i: P I SH above seed requirements will not be pressed for sale. It is a very 6afe rule that any commodity ql' i^jß 1:| P « i Mll « kJH i S I • a-h ' 1" 1^ Pi'"'-:-'::" r &m •"="'"':-■•""'' '"""■' should be; bought when it is cheap and flaxseed is now cheap, and we believe it to be an excellent ££?! s An Investment with an Opportunity of Making $2.00 to $10 on Every Ooliar Invested. li S-A Manufacturing Industry. :■; A Home Enterprise. • - . . A Ten-fold Profit Winner for Investors. ® $ The principle of —^^u^^ I M, , . ~~~~ . ; ... , : .._t' /; .J' ; " ff : , r[ .; / - ' ; r ' ' „,, | IIWI „„,,„,,, ' Capital StOCk © 2 ttil- htv a • ' ' '* " ■ ':-'-'' One Million Shares, of ar2 © iiie I^Oyle - ' ; par value of ten dollars S Jg™ Tlif* C 03.1 is (iistillGci into * • *;>ai**^^' -^^ ■ . / x . : r^i ■ ii > I nvll £S 5 W> r^r^'L'O Tlt^ <Ts^c:f*c; WnlPn ■ ■ ' -.'-■" ------ ■ ■■■ ■ ■■-^-■^^*^*''™BHfelteaL^;:' XI ■■■ :: T% ' --: » ■ ■■■ ' ■ ■.■■■'■.■■:■>;-:■■:;:■■■:■::-,■■■>:" . " ■ ■.:■■•■■■■■.:■.■ ■'■- ■ Ct &J9 ASB "■• rf!s p^ \_-» All vi i' Cl o *w* O >V lil\>li :-...■■ ■■"-.-:.■• : .-:■:■.■'••■•_ ./■;■: „■:•:■■-■ ■ " ■.-'■'.■■■■ " '- - - ~jl-'- "'■ '■■■■■ ff»HimJaijiMß<^»j— fcj . ■1 ■• iift Ml . ■■-■■ ■■•■■:■: :■:: .■_■ ■ :.: ;■.-: .-.■..■.■.■.■■■■.-■■.■■■ :■:■-■ ■ ■ ■ ■ '■■■..-. . , ■■; . ■ .■; q^j. n£^ &*S fIW /^ Ik j?^ 3,1"15G SI"C \jniC W 1 LIl dl I« v^^>"^ C' ' " ■■■■■;■•'• I 9 • ■:■■ .■ ■. . •" |. xfy I ■: '• -': ■ ■•■: :^^^^***^^H§ffifcjfri^:. ''■' ■ >*■'• %. v:• :r^*jlgra :^oi^^^^ '^jr'"'^! I"'^^; ' : IVI r ■ J\« Xl • 12»Q \V«rQS| OI ™^. m i fl IO ■ '^'lfc*^^ fc^^ ■ , ■ *v- "^^^*^.*^*^ * '.^. f"*^ 7 * ♦ jS" ■ m j jB^J \\ T1 I 1 " .'■■■-■.■-.■■....■■.■■ • -\:-' -. -:: :-:• .-..-■.. - ■ ■..■■■.■■.■■■.■-■-; .-.-.- v . .-.■.-.-....■. ...... . -..■..-..■■.. ■■.■..."".■....-..■-.■■. -.-..-.-,.-. .■..:.;.;.. v >:-:•:■: .-;■:■.-.■.■.■.-.■.■.-.■.-.- '.:■:-■•:•>:.- ..--■.. ■-- ■ ■■■■■.."■.. J- .. '. '■';; '.!•. .-;■:>■■ ;'!* "^J^*' l'^^»^" ■" ' ~ " " -■■■■■-■■ '•■>■"■" "■ "'■ -'■- ■" ■ . '" - ■' f ' } "'.'"'.' "*':•: ' LkU Wf UI UOl ••w WVI Jr UI I .• tain and successful opera- ■'■'■■■"^"■-■it^'T-TwißrcMrw^ »■■ 11^.^.^;^.^.^,.^.,.:, .^^.,1!;,',!^,!, „ ,„•,-.-.^l^.;. -'' , i n"" ihiiii iimimmiimim ii' iimbl ii iiiiliiiii liiiiiwiiiM^/liSitwMi^/Mr^'TffTTnMr liiMi^rii i»■i "i ninii—■■ ager. Mr. R.H.Edwards ?»" ■S ' ? v:/'-::v'" '■'■ ■■'■ I:SiS r-;^:'::--::;.;.:"/::^^: :v- ;:^-v."-:-^-;^-.-^^ ....::;, :".-"■ ..■:'■:,!":. :"-.''i-is'rreasuren-," J."• ;;{ ' ;":yJJ:: §tion. is Treasurer. Jv PLANS FOR THE LARGEST FACTORY IN THE WORLD DEVOTED TO A SIMILIAR PURPOSE. © @ „ Buy this stock today as it is selling rapidly. Good things do not wait on procrastination, 30 do not put off taking advantage of the best opportunity ever offered to you. UP 0 - The par value of the stock is $10 per share; it is ;; -We want the services of good reliable business men of ability who desire to invest We will make a boiler furnace that will set up in tV; kn fully paid and non-assessable, but we will sell to any one $5.000 to $io,cxdo in a safe, conservative and profitable business, and thereby secure a front of any boiler plant of high, or'low pressure, burn. ; ; / fc^ S person lots of from 20 shares'at $* 00 ocr share equal lucrative position. If you will call at our officeat 86 East Fifth Street, St. Paul, : cheap soft coal and make a saving of 50 pcjr cent of fuel, g^ § P , -"-"w "^ ■y:r"'----. -:;----'r-v?:-■■:-:'■ and thoroughly investigate the proposition, yo lU'lwill be convinced of its soundness and doing away at the same time with all smoke, which solves a X to $100, up to as high as 000 shares at .00 per share, value and that it offers the utmost assurance of^rowing into a grand business for the the «noke nuisance. Our field, therefore, for money X 7t equal to $25,000; ■•.- ■■' •■...". '■ -■ ■'■ - .':', ~C ..' :.-■-.. ■:■ future, :': :: ;^ : ~: ■■^- ~ ■-:'/.-J'^-i-:^ &# ~ . making is unlimited, C V r _ ;-..-. ",. ;-;--\ ;Ck ® THF fIFFITPR^ OF THF nniiPANY ASP ■ LA. WOOD, F.J.DOYLE, ) v .. Pr li nic R. H. EDWARDS, } Tr . a ,.. r ,.,. GEO-H-PHILLIPS> 1 Secretaries- S Ok Int Urn UCnd Ur Int UUMrANT AHt. President. F. B. WOOD, [Vice Presents. A. G. THOMPSON. \ Treasurers- GEO. B. GOODWIN J is'cretarles* > A 1r Write for Prospectus and Catalogue and for any information desired and address all communications to .■•? .■•".':" ".'.* ' r i '~\- ■."•^-v;':- ■'■ =■:"".•'•■;•■'--"•\-•••?."*-•.;:>-•--Jiv : ■"••'i::'~~"''J-~^.-^r':'-;; ; ; : V -'•" ;:""-°l^ :^»: v.;.:. ..-'"■".-'■''" : :- ' . " ' " . " -. CM* 1 .■ :■ THE DOYLE'; AIR BURNER CO.; I 8 132 Lake Street. Chicago. 111. 519 First Aye. South, -Minneapolis, Minn. 86 East Fifth Street, St. Paul, Minn, g *IHK ST. PAUE, Cil^OßK, SUNDAY, NOVEMBER 23, 1902. 7