Bisbee daily review., 1913-03-16


bringing more orcby the attention of the public than
IN some time the fact thar are on splendid footing
was the comment this week OF Cashier c. A. Mcdonald of
the Citizens Bank and Trust company.
The statement that individual deposits in Bisbee
banks have increased greatly the last several months
along with and representative of generally improved
ditons in the district pointed and timely illustration
Of the general manner of excellent permanent and wholly
stable progress making.
do not care TO cit this bank as particular beneh
ciary from the steadily improving conditions but de-
posts have gained steadily le last year and in the pres
emf year the gain has been than double the
enjoyed in the months of 1912 Of course we are an
older institution now than then and naturally
joy larger confidence but these points, while helping
not at the bottom OF the increase in business
oyng The real foundation is in the rapidly improving
conditions in the district the fast growth in prosperity
based on larger employment of labor given the saving
habit the steadily growing output of and the larger
trade enjoyed by business houses of the strict The Git
liens Bank not alone benefting from these better
dtionS but also other bank in the district To keep
up and TO constantly encourage deposits and the Of
the banks OF the district of the broadcast and best
aims that know Of for the reason that it means good
every resident and every business concern in the district
more StapltY more nome money more opportunity to-
take advantage of opportunities both the part of the
individual and the business house. and is policy that
every bank in the district is trying to encourage More
than that the banks going keep up and in doing
so go full length within the bounds of legitimate conSeT
vative dealings WHICH just essential the contn
ued success Of the plan the cooperation of the public
Conducted anY other lire the rebound would 90 far
more harm than any temporary benefit might possibly
do good but kept within legitimate conservative linesl
he good accomplished viii have great deal TO do with
keeping the CITY and district advancing in the fine manner
they have been going with result in few years of COM
munity that will be the envy of all the west"
The Review is right in advising the purchase of War
district realty and the investment of money in the
building of houses for rent There have been good days
in Bisbee in the past for investment of this sort but none
afording liner opportunity than have with right
now said Jesse Yoakum manager fthe street railway.
nc with buld of
Bisbee Lowell and Warren in the days of highest activity
along these lines
The opportunity afording today" continued Mr.
Yoakum is based on actual demand for more accom-
modations positive shortage of houses has existed
the last six months while the demand for apartments
has never been such if is In the days of the
Johnson addition the building up of Lowell and of the
general building boom about Bsbee, there was necess
H for large effort in educating the public the value of
Bsbee property holdings and to the future need Of more
accommodations for then building for the future
than for the immediate present
Building in excess of actual needs done Since
that time, and notably in the last year. the district has
far more than caught up with the advance provisions
and today we are dealing with actual house famine
The time is ripe for much building to meet mn1edlae
needs, while there is opportunity for coed investment IN
town properly and in building against future demands
which if is evident going TO be large during the
next several wears for activity is only increasing but
expanding The taxing over Of Saginaw by the l. ana
A. the advance in Warren Mining stock during the last
several weeks the increased resources and larger mining
activities that bound TO follow the Shauck the
higher vae Of Dem stock and the closeness with which
being held the beginning Of new operations on the
Higgins are ali straws showing the drift of the industrial
life of the district bigger and greater Things than
ever in the history of copper mining in this or any
other district in Arizona
There is another difference in the present situation
and that which prevailed the former building boom per-
iod in the Warren district This is that in the former boom
the people of the district who had small amounts OF
money for investment had it located in the majority OF
cases in investments other localities Today the greater
part of this class OF money is in home banks, drawing in
terest or placed in convertible home stocks or realty
holdings Many people now here who have paid Tor
homes thew built in the former boom and have their
properties clear raise money upon for further nyest
ment in building and realty believe that the coming OF