Farmers face foreclosure risk from elevator option clauses
Indignation spreads in the valley as farmers allege elevators tied to the Minneapolis Millers' association used option clauses to foreclose on stored wheat. Contracts promised eight months storage at advance rates, while price declines and car shortages fuel threats of court action and unified farmer resistance.
MENTIONED IN THIS ARTICLE
Grand Forks
Fargo Argus
Minneapolis Millers’ Association
ML. &N
Millers’ Association
Chicago
Duluth
Buffalo
Armadale Notes and Local Updates from December 4 1885
Armadale reports Jim Churchill plans winter travel to Central America with Honduras as the target. Weather remains cold but residents show no desire to flee. Wheat sales last Saturday yield 65 to 68 cents per bushel. Withe ships pork to Aberdeen earning $5 per hundred. C. J. B. Hauls 12 tons of ground feed from Roller Mills Ashton. Republicans elect John Sherman as U S Senate presiding officer. local politics discuss carpetbagger labels and succession by Judge Church. Mrs J B Churchill resigns eigen. post office may continue with J M Sander on appointment. public discontent noted as a “freeze out.”
MENTIONED IN THIS ARTICLE
Jim Churchill
Central America
Republic of Honduras
B. Withe
Aberdeen
J.B. C
Ashton
Iowa
New York
J. B. Churchill
Eigen
J. M. Sanderon
Also Mentioned on This Page
Warner Sun
C. J. C. Macleod
Warner, Dak
Farmer
Armadale
Lorenzo
N. L Gilbert
C. & J. Appel
Dakota
Chicago Square
The
St. Croix
L. C. Turner
Warner, Dawora
Belmont
L. G. Hanson
Gm.co
the Green-Macleod Co
Warner Dakotas
Melvin Cole
Fargo Hail & Fire Insurance Co., OF
Fargo, D. T
Warner
C. L. Seaman
Jewel, Adams and
Westlake
Hubbard
Dap
August E. Berg
Humphrey Brothers
Rondell, D. Z
Catty
Milwaukee
Owne
Illinois
Wisconsin
Iawn
Minnesota
Cutoaco
Milwauker & St. Paun Raarway
United States
Canada
R. Mruurr
A. VY
H. Canrent
andyTicket
J. F. Tooker
H. HeArrorp
Milwarker
teFor
Carcano, Muwaukee
St. Paul
America
Pelea
SimiNson
Portland
Maine
Thomas & Brown
U.S
Jay Jennings
Tinta
Dak
Foster
Warner, Cak
Jodha Foster
A, Tannehill
Fred Fisher
Warner House
Martin Kile
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