Arizona republican., 1919-01-04

ne committee on Monday, DeCem- bcr 30 1918, conferred with a majority of the trustees and a number of the members of the recently established American Egyptian Cotton Exchange at Tempe.
 N found that the plans under way lnNolVe practical, organized method of conveying to the spinners of cotton g lull knowledge of all the facts re EUdlnG the American Egyptian cotton grown In the southwest, also definite plans for marketing the same, inClud- Ing two classes of cotton sale listings he genera plan O operation of the -N. hanee being fully explained in the statement attached hereto
 While the exchange is limited to 25 active members, it has but l members at present, as follows.
 C. Grant Jones, k. B. Meyers. D. J. ffaneenbWs. C. A. Martin. NJ. B. Cot terrell John Birchett, Ray Saylor. w. u. hnoN, r.. w. Hudson. Sam Carter and Alexander Nelson.
 Of those included in this present membership of eleven are two mem hers representing cotton buyers Mr. Garter. representing Shaw and Com @uy of Boston, and MT Martin. rep 'psenting John MallOch of Savannah and Boston.
 lt IS the purpose of the trustees to n.Ief active membership to growers in various parts of the valley in reason Hnie proportion to the acreage in the various districts, and they have eX- pressed their willingness to include in 'ihe active membership growers from the various districts in the following proportion. The active members in thc exchange in each district to be se- q I,ra h.. ,euidr district subject, however. to tho approval of the present board of trust eeS of the American Egyptian Cotton Exchange:
 Mesa two Glendale. two: Phoenix two, Tolleson, two; Chandler. two Gilbert one, Buckeye, one; Additional buyers representatives, three.
 After a careful examination of the articles of the association and the bv- laws proposed, we are convinced that hc plan of publicity and marketing outlined by the American Egyptian Cotton Exchange is practical should bring good results and should have the unanimous support of the cotton grow ITS of the valley, and We further rec 'lnmend that meetings be held in the various districts at the earliest possible date so that the growers in each dis lrlct may have the opportunity to se- feet the members in the exchange al Iotted to their district
 The exchange proposes to issue q weekly letter during the active cotton season to all members of the ex- ehanSe, whether active or honorary. which will include valuable informa- tlon as 10 the available seed supply. the cost of same, reports from various eastern markets. statistical informa- lon furnished by the government. and other valuable information which should be of advantage to all growers in their operations, and can be re- garded by buyers as thoroughly re- liable information as 10 the general cotton situation
 Dwight B. Heard, Chairman. Phoenix
 Mrs. Q. R. Hansen Glendale.
 C. Grant Jones, Tempe
 Warren H. Parker, Gilbert.
 Dr. c. H. Rugby, Tolleson
 Leonard Nets, Mesa
 C. R. Gordon, Chandler.
 January 3, 1919
 The American Egyptian Cotton Ex-
 change
 Early in November the much dis oussed and long contemplated idea of a cottor exchange in Salt River valley took tangible form when some of the leading cotton growers about Tempe formed the American Egyptian Cotton Exchange For many months much discussion and many plans for an or sanitation of this kind had been made. but no actual results were seen until thie association was formed.
 The personnel of the organization in @1res permanency: permanency and accomplishment has been the keynote of all the cotton organizations formed n Tempe. The men who have asso- oiated themselves together in this new association can he depended on to operate an organization of this kind m the very best pssible manner to hrng about maximum results and to continue the institution with increas- ing service to the community. The gratuttous service of these same men in other organizations to promote the cotton industry is sufficient warranty for the success of this association. . The object of this exchange is to promote the interests of the American Egyptian cotton industry. This aim. broadly construed, means service to the grower and service as marketing organization; it means the collection Of data for both the grower and the user. Its purpose is to act as a clear 'i7 'i''tHF lH tNtlN way lOE tue cotton industry of Salt River valley.
 The officers of the exchange. are a president vice president and q sec retary treasurer and to them is given the control of the affairs of the ex- change. The conduct of business is after the manner as is usual in asso- ciations of this kind.
 There are two classes of member ship, active and associate or honorary. All the business of the exchange is conducted by the active members