The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-12-24
FRUIT EXCHANGE.
Progress Made in State
Organization.
Manager Adams Submits His Views
on What Is Required and How
1t Should Be Done.

In a report just made by Edward F.
Adams, manager of the California Fruit
Exchange. to John Marrkley. president of
the same, the former mentions some of
the steps which will be taken to remedy
existing abuses in the fruit trade.
Regarding the officers who are TO direct
the work of the exchange, he has this to
say: "In my opinion our measure of sue
cess in the present movement will be that II
our good fortune in securing able and earn
est men to serve as directors. They must
be fruit-growers or they will have no in
terest in the matter. They must not them
selves be buyers, or their interest will be
adverse. They must have had experience
In business affairs or they VIII not know
how 10 act. Many of our successful Dusi-
ness men have large interests In fruit, and
many who are now growers only have had
large business experience. Among these
men there is abundant ability available"
AS to the proper functions of State ex-
change the manager says that although the
ultimate character OF public institutions
like this must be a matter of growth, he
thinks truii-growers can do the following
things for themselves from the start:
They can ascertain the condition OF the mar
kets nd the value OF their crops.
They can explore and open up new markets
and stimulate old ones.
Ihey can procure their own 1un0S Tor neces-
sary advances on crops, while re aiming their
sale In their own hands.
They can conc Dtrat grade and prepare
their products for their final market.
Between our fruit thus concentrated and In
store In California and the jobbing-ho IN
distant cities, there must, for the present, b. a
GO between of some kind. Nothing but sub
stantial uniformity Of grading and cking, ac-
compauied by clear definitions of grades. GER
taInty that goods delivered will conform to
them, and absence OF severe competition Will
l.tu l.tufx.
we have learned 10 produce these conditions
The mail and the wire Will be all the middle
servants needed.
The formation OF local unions through
plans, and 1t is recommended that the
State exchange act as selling agen for all
who wish IL. Another function for the
STATE Exchange is outlined as follows:
Some local unions will be able to obtain ad-
vances through local banks aud Others will not.
l therefore recommend thai the State Exchange
act financial agent for obi ming loans Jor
such unions as desire IL. have given this sub
jeci careful study and have reached tile conc lu-
SION that The Stale Exchange will be able 10
secure a ! tn funds neeuef TO h. Ddie our fruit
C OPS TO be distributed through properly organ.
ICED local unions. will also say hat think
this feature goes TO tile root of the whole matter
In my judgment by lie end Of each calendar
year Iwo-tbrds OF the proceeds Of the dried
fruit and ralsiu product mus be ana now Is In
the hands OF the growers. while the legitimate
market Will not by that time absorb more than
two.fiths OF IL. which, II our total OUTPUT
amounts TO 10.00O 900. would leave say
$4,000 to be supplied on advances, or by
specul tive purchases by New Years, 10 be
gradually repaid between that time and May l
as the market absorbs the goods.
AS a certain amount of capital will be
necessary TO further the work of the OF.
ganiZation, MIR. Adams recommends that
no other work should be al tempted uulil
$4,000 is raised, alter which the general
organization could be actively prosecuted.
He concludes his remarks on the subject
AS follows:
In regard TO the uses for lcapitaI, may say
that certain amount will be used for expenses