Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-08-30
FLORIDA FRUIT
EXCHANGES ARE
CONSOLIDATED
Distributing Agencies Ex-
pected to Handle Citrus Crop
of 100000 Boxes.

JACKSONVILLE, Fla, Aug 3O.-By
the consolidation of the Standard Grow
ers' Exchange with the Florida Citrus
Exchange, the leading distributing agency
for the marketing of Floridas immense
crop of citrus fruits, means that the
latter will in the coming season handle
more than 90 per cent of the States es-
timated crop Of nearly 15,OO0,oOO boxes
Under the exchange plan eaN grower
agrees to tax of a cent or less on each
box of citrus fruit which he produces
and ships through the exchange to be used
In nationally advertising Florida's "seaId-
sweets"
The report of the State Marketing Blu
reau and the State Experiment Station
this week is that the crop compares more
than favorably with the crop at the same
time last year.
WILL MANUFACTURE
GLASSWARE IN FLORIDA.
According to Secretary B. r. Kessler
Of the local Chamber of Commerce, the
Tidewater Glass Company, capitalized at
Sl,1500C), win Immediately begin the
construction or q glass manufacturing
plant at this city. The company has just
been perfected at Pittsburgh, Pa. with
Harry A. Neff president of the Balmont
Tumbler Company of Bellvedier, Ohio, az
president.
The concern, which is the first Of its
kind to locate in Florida. VIII utilize the
white sand Of the Atlantic sesshore near
Jacksonville. The sand Is said to be
peculiarly adapted for the manufacture
of all kinds Of glassware
The extensive wholesale paper bust
ness OF H. & w r. Drew Company Of
Jacksonville, has been disposed of to the
Antietam Paper Company OF Hagers-
town, Nd, and this city.
capt. r. A. Gray of the State con
troller's office, who has just returned
from Philadelphia, where he attended the
conference Of the National Association Of
State Bank Supervisors declares 1t to be
his observation, after talking with rep
resentative bankers from all parts Of the
Nation, that in the period Of so-called
defatlon and financial depression Florida
has suffered less than any other State
"Florida's excellent financial recordp said
Captain Gray, was the subject Of much
favorable comment among high banking
snd financial figures in attendance.
FAVORABLE
BANKING LAWS
"One thing was especially noticeable
to me at the Philadelphia conference
he said. land that is that Florida has
many features in her bank laws that are
far ahead Of many other States. In fact
It IS surprising 90 know that some Of the
older and larger States are Just now tax
ing up in their Legislai- yes the enact
ment Of banking laws which have been
in operation is Florida for years"
Articles Of Incorporation arc being ap-
piled for by the Interlacheu Sand and
Gravel Company by prominent citizens
of Palatka and Interlachen. the amount
Of capital stock being $4,000
A. Reed Bingham Of Pensacola has
been granted permit by the Federal
Power Commission to construct series
Of dams In streams IN that vicinity 10
harness power 10 generate electricity for
use in Pensacola or Mobile, or both places
If decided upon. The permit grants
authority 10 construct i've dams
The large citrus grove near Hancock
Lake fernando County, has been dis
posed OF to w. r. Clay or Virginia
Copyright, 1921, by Public Ledger Com
pany.