Rocky Ford enterprise., 1907-11-01
IN
STATE RE|CNS
MILLIONS FROM CROPS AND
MINES MAKE COLORADO
sToREHousE OF WEALTH.
BUSINESS MEMS VIEWS
DOLLAR WHEAT AND GOOD
WAGES TO LAsoReRs MAKES
THINGS HUM MINTHE WEST.

Denver.-"The foundation for all n.
nancial prosperity consists Of the solv.
ency OF those who are really the back.
bone OF the commonwealth"
The foregoing statement by Meyer
Friedman. president OF tho Denver
chamber Of commerce. sounds the key
cent stability OF the financial struc-
ture OF Denver and the state AT large
In the face Of the uphcavai In Wall
street Despite the excitement
throughout the Eastern states ns
fesuit OF that upheavai. not the slight
est uueasiness Is felt In the money
markets and big business houses Of
Denver. Every line OF business IL pur.
Suins the even tenor Of It's way and
optimistic reports Of healthy growth
and increase Of trade ID comm. from
every side.
Millions From Wheat.
Dollar wheat. aud 10000. 900 bushels
Of Il ready for the market In the .ran'
/ 0IlCH u tue taImrFN. ~ huutuk !" tuU
Sic. 900 900 and more of financial JOY
that has already come To the backbone
mentioned by Mr. Friedman through
the marketing of the beet crop. Ana
best Of all the farmers don't need the
money. Instead oi tho usual fcyctiah
haste to Get their crops To market n
soon as the harvcst II over the Colo
RADIO growers are ko well situated tins
year that they arc abi. To hold their
commodities aud command the prices
instead of leaving the nains ot that
Sii.impottant item to the purchasers
or To ptoiuc, brokers. Aud what h
true Of wheat - true Of every oih's
commodity according to reports ~
c~ivcd by James ~. Young. secretary
81 tho Colorado Stat. Commercial As
sociaiion.
This year has been the banner year
ot the states history for the aEsict.i'
tuttsis. New ians has come under cui'
:isniiou through the extension Of the
irrigation systems and the extension
Of dry farming. In addition TO the
prosperity of tho farmers the ninias
Industry reports gratifying Improve
mcns In nearly every section of the
state. and . big gain over last ycars
production Of $50 coo 900 is looked for.
What tho business m-n say u eon'
aiiions foiiows:
Meyer Friedman. president peas-g
Chamber of Commerce:
The fouuda'ioa Tor all financial
prosperity consists Of the sniSCn., n'
those ~ho atc rvaiiy the backbone OF
tho commonwealth.
-Th- farmer IL in better financial
condition today than he has b--n fe i.
q EFra; number of >-sIs isssis WITH
the farmer as the creditor instead 81
the debtor that lie ~ss some years
ago. cannot sec iha, the sp-cuia'"rs'
| Hurry in New York can in any way
affect any part oi the West.
"our banks arc IN more than hIs',
class condition and with reserves of
sbou, double that which is required
BY law.
"our merchants have had prosperous
years and arc no, in debt. For ih-sr
reasons I can CSC no danger ahead
| condition In New York will have any
III effects In Colorado.
Values. kenspeeuIaiive.
| ". A. Hover. prpsidrn, Of the United
States National bank aud W.
Hover & Co. wholesale druggists:
Colorado is probably in better
| share today TO withstand the shock OF
| financial disturbances nov prevailing
on Wall stree, than at any time In
/ her history. Those who are familiar
! With conditions locally know well that
Colorado vas one Of the las, sections
to respond TO improved conditions fol
LOWING the period of depression pte.
saiiinE for several years after the
manic of ise5. Improved conditions.
a
conservative basis Values Of all
kinds in Colorado are nonspeculaiise
In character and are Of real Intrinsic
worth. Our financial Institutions are
no, burdened with securities OF spec.
uls,Ivs character or of inflated values.
The clearing house banks Of Denver
have ample cash reserves 10 meet all
legitimate requirements. and there is
nothing whatever In the situation TO
cause any apprehension on the part OF
our business community"
whoiessie evsiness Index.
Charles Mac A. Wilcox. manager the
Daniels & Fisher Stores Company:
I'VE have not yet felt the slightest
effect Of the Wall street and Eastern
financial Disturbances. and I don't sec
auy reason why We should. Business
here during this season has shown a
ysry gratifying Improvement over a
similar period Of last year in all Of
tho lines with which I am familiar.
our wholesale business has been PAT
,icuiariy healthy. and that is usually
an unfaiIing barometer Of trade condi.
tiuus.
Crops in all sections Of the state.
e,,sp, for the fruit that suffered from
frost last spring, ate better than ever.
and commanding the highest prices.
EVEN the fruit crops have been money.
makers because Of the unusually good
prires commanded. talked last week
with one Of the Isrses; growers in the
grsnd Junction district and he IN.