The San Mateo item. (San Mateo City, Putnam County, Fla) 189?-19??, 1909-06-12

up like a pyramid. the one resting
upon che other
At the foot OF this pyramid and
forming its very base are the various
fruit growers unions; they are. IA
rule. corporations, though nOt,pec
essarily SO al all times. They ArC
known and termed associations OF
growers, or units, and reaches direct
~ the growers who compose Il, these
units are formed in each neighbour
hood, considering only the conveni
ence OF the growers.
AS a general thing there Is but one
share Of stock, issued by the associs
ton to each grower, which share of
stock is predcatod upon his holding
of orange property. and the ownership
Of II passes with the land.
Sub. Exchange.
The sub-exchanges are separate
corporations from the associations
OF the growers, and are located in the
above described and are composed
OF groups of such associations of grow
ers and are located i'm the most con
venient territory to the associations
that compose them; one share of stock
of the sub-exchange is issued TO each
association Of growers, which entities
each association to one director in the
exchange This share OF stock, being
held by the particular director
by the association to repre-
sent It. The sub-eXchanges are locat-
nient Of access to all of The associa-
tons that compose il, so as to be in
touch with the associations and act
as means Of communication from
them TO the central exchange, and at
the same time I'm close communication
by telephone and telegraph with the
central exchange.
Coming on to the apex of the pyramid
as above described, we now reach
and deal with the
Central Exchange
Or clearing house for the fruit itself
This, i'm the case Of California, is To-
Gated at Los Angeles. One share of
stock Of this, the general exchange, is
issued to each sub-exchange; no more
and no less; this entities each sub-eX-
change TO one director I'm this general
exchange or clearing house, and these
directors so elected one by each sub
exchange, compose the directory and
absolutely control the entire shipment
and placing Of the fruit OF all the
who. through the associations
and sub-eXchanges, compose II, and
this clearing house directly reaches
the growers In the transaction of
their Business, through the sub -ex-
changes and through the associations
Of growers, down to the growers them
selves, thus placing the growers at all
times in direCt touch and communica.
ton with the exchange handling their
fruit. This clearing house or ex-
change handles all the fruit turned
the sub-exchanges, and at the same
time and on the other hand Is i'm di.
rect touch with the buyers OF the fruit
at the other end, and entirely directs
the sale and distribution of the fruit
through it's agents in the markets
Another adjunct of the exchange
or clearing house is to act as pur-
agency of supplies for the
growers which has proven very salts
factory TO the growers there, for by
all their packing supplies
and fertilizer in bulk they have been
able to save to the growers for whom
they act in this capacity tremendous
sums of money. I'm fact II is demon
strated that the saving to the growers
In this particular alone more than
pays the entire expense of the mar
ketng OF the growers fruit. Again
this clearing house acts as a collect.
h.. a.