Estancia news-herald. [volume] (Estancia, Torrance County, N.M.) 1912-19??, 1920-11-18

summed up all the previous reports
and estimates will be reduced, as
stated before, from thirty to forty
per cent. This being the case, we
can not help but think the market
will take an upward turn in Novem-
ocr. We have been in the bean
game since 1914 and we are now
e9llirg beans cheaper than ever be-
fore.
All fall the wholesalers have beer
pursuing a hand-to-mouth buying
, policy which so far has proven
beneficial. Our opinion is, when
the market hits the bottom, which
We believe it is very close to now
(if not at the bottom), the market
will rebound, as there is no ques-
ticn but what beans are too cheap
at the present price. Certainly they
should be worth pre-war prices and
other grains are still far above pre-
war prices, even after having been
reduced in price in the past few
months, ranging from twenty-five to
one hundred per cent, or even more
in some cases.
New Mexico Bean Growers AS
sociation, Albuquerque, N. M.-The
demand for Pinto beans has been
normally good but the price has not
been at all satisfactory to any of
the producers. The present price if
it continues will have a very bad
effect on the bean growing industry
in this state. No grower can pro-
duce a crop at the present high cost
of labor and farming machinery and
sell for less than six cents net. If
he does he will find that he has lost
both time and money.
We have exceedingly fine quality
of beans in this state this year and
they should bring a much better
price than they are. About four
cents net to the grower is what
they are bringing and this is at
least two cents less than they should
give to the grower. The Estancia
valley will have about 400 cars of
beans this year and has outstripped
any county in the state. The ma
jority of the growers throughout
the state have signed up contracts
with the association and have be-
gun to realize what it means to
them to get together in co-opera-
tive selling organization and save
to themselves the profit usually
made by the speculator.
Within few weeks hundreds of
firms and individuals interested in
the producing, handling, marketing,
canning and distributing of beans
will be asked to become members Of
the National Bean Federation,
constitution and bylaws for which
were adopted at meeting in Chi
cago October 10, participated in by
representatives of affiliated associa-
tions.
When the call comes, be ready to
join; be ready to boost the PROPOSE
tion for all it's worth, because it
offers the greatest opportunity ever
known in the industry to bring it
to the front rank among food pro-
ducts. At last there has been
launched a forward-looking move
ment in which all interests may join,
and with the cooperation we know
is going to be evident, there are
practically no limits to what may be
accomplished.
The National Bean Federation will
attempt to .repopularize one of the
greatest food products known. One
of its first undertakings will be
campaign to place the bean on the
table of every American home. Its
merits as brain and Drawn and
beauty developer will be made
known to the world in every legiti-
mate manner. The bean will come
into its own once more.
Other things it is hoped eventual
ly to accomplish are the standard
ization of general trade practices;
the securing of legislation benef,-
cial to the industry; the remedying
of certain conditions in the indus
try which are detrimental to it; the
elimination of harmful discrimina-
ton against the industry; the dis
tribution of statistical information
and reports.
A matter of great Importance, but
which has not had much attention,
is the gathering together each year
of members from every section of
the country in convention. To one
who has attended the first two pre-
liminary meetings to consider the
formation of the Federation, these
conferences are a revelation. The
exchange of viewpoints, the under
standings that are arrived at, the
splendid talks by men who know
what they are talking about, are of
untold value.
The cost of Joining the national
federation will be small. To those
who wish to put the bean industry
on a higher plane. who wish it to
gain the place where it rightfully
belongs, we respectfully say: "Come
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