Arizona republican., 1914-09-11

customers in past years the entire Is
sues of bonds on more than a dozen
markets, all of which have proven sat
isfactory investments. Thus they
have an unfailing market for any such
securities they father.
Then, too, the closing of the stock
exchanges has closed to many invest
ors their ordinary means of putting
out their money The new govern
ment currency measure adds TO this
result by furnishing money to loan at
comparatively low rates of interest,
thus releasing more private funds.
Besides, it must not be overlooked
that bonds of a public market are es-
sentially public utilities securities.
This class of investment has been
growing in favor and volume for a
number of years. And a market has
this great advantage over other public
utilities companies-it does not de-
pend upon a franchise and so is not
subject to adverse legislative or mum
cipal action. 1t is based solely or
foodstuffs and people must eat wheth-
er war RACES or not"
William S Humbert, of the Arizona
Seed company, said:
The principal need of this valley
today is TO bring about the cutting VI
of the alfalfa ranches into small trucl
! farms 1t is bound to come anyway
sooner or later, and anything that vii
| hasten this result is a good thing.
think that the establishment of the
public market will do more than any
thing else to bring this about and tina
means more people in the valley, more
customers for the merchants. more
money for the banks-better business
for everybody"
| Looking al it from the standpoint o
a banker" said Preston T. Slayback
lauditor of the Valley bank, the best o
the good results to be expected from
the establishment of the new marke
is that the more garden truck is grow
in the salt River Valley, the less mone'
will flow out of Arizona into Califor
mia every year. l believe that Arizon;
sends to California seven or eight mil
lion dollars annually for produce tina
might just as well be grown here. Civ
our farmers proper marketing facil
ties and they will raise this produce
and there will be seven or eight million
dollars more money available for de
post in the banks of the valley eacl
year That means constant, assure
and increasing prosperity"
Yes, | am very much in favor of
public market" said J. O. Sexson.
rancher. Il have been in the valley 70
three years and in my business rela
tions have had a splendid opportumt
to study its needs, and | unhestatingl
say that to my mind what Phoenix an
the farmers of the valley need first
a public market A place where tn
farmer can bring his fruits, vegetable
and produce, and know he can sell
at a fair price, and the town man ca
go and buy the same without payin
the middleman a profit of 100 to 90
per cent, as the case is now: a plaC
where the consumer meets the pro
Queer to their mutual profit Ownin
a ranch myself and in this way know
ing by experience that about the onl
way rancher can dispose of what h
produces is to become a peddler,' Whic
is diStaSteful to most rancherS: an
living in the city where l pay eXhorb
tant prices for what fruit. vegetable
; and produce we use. | can see the gre;
need Of such a market.
Il have visited some of the gre
city markets of our southern states an
Old Mexico, and know they are Il gre;
success there, so why wouldn't they T
here. and then the profit would go I
as at present"
H X. Behn, of the Arizona HardWal
company, has just returned from II
coast, where he took occasion to loo
: into the market question and foun
that many of the towns had estai
, lished markets for the purpose of r,
ducing the cost of living and they al
certainly solving the problem
They are but primitive open a
markets and not to be compared vii
the plans of the sanitary concrete ma
ket which will soon be established
Phoenix" said Mr.. Behn.
Il hope that California cannot mu(
longer boast of supplying Arizona WI
practically all the fruit and vegetabl
E used here, when the Salt River vail,
can supply all the needs of this state
: II am a city business man, though
: live on ranch" said Geo F. Barrow
Of Barrows- Fooshee company. %
being familiar with local market col
: ditions | have never attempted
: make my ranch pay me a profit
!. Il have watched some of my neig
h bors slave all summer raising gard
}, truck and fruit and when they broug
it to town We're offered only one
p two cents per pound. when the sar
V produce was retailing at ten to fife
, cents per pound and had been bong
4 at much higher rate in Californ
= than was offered for home grown SIT
and freight paid besides.
"a market where the farmer can S
direct to the consumer is the sure s
luton of this problem.
"The wide margin between what {
farmer now gets and what the co
s sumner now pays can be divided a
both parties benefited by direct de;
x ing"