Arizona republican., 1922-03-20
c. |. SIBERER
GIVES CHEERING
BUSINESS GIST
Bases Opinion On Present
Conditions AS Related
To Prospects In Future

There exists among the business
men in this state a strong and
healthy undertone OF optimism which
shows that the worst is over and that
from now on a gradual recovery will
take place. Such is the cheering
opinion expressed by c. L. Siberer of
the Arizona Glass Co.. basing the
statement upon the business now be-
ing enjoyed by his firm
In the first place, he continues,
business conditions in general will be-
come better here along with the gem
eral Improvement which is becoming
nation wide. All the factors which
made for prosperity such as low in
terest rates. low stocks of goods on
hand and stabilized commodity prices
will be as effective here as elsewhere.
Secondly. Arizona. is primarily O.
producer of essential raw materials
most OF which are always in great
demand in times of business activity.
The mines will be called upon to pro-
duce to the maximum. AS a large
part of their output is exported, the
prices are largely felt and will soon
be reflected in higher prices With
higher prices the output of old mining
districts will be increased and new
ones will be developed. When one
considers the size of the mining in
dustry here and the great possibilities
for the development of new properties
and the reduced operating costs to-
gether with the world wide demands
for the output one can easily see why
business men have hopes during the
ensuing year,
The sheep and wool situation is
about normal. Prices have recovered
~ Nftak v1aa &S1yNA L.
liable. The cattle industry is q little
behind the sheep but coming along
nicely. 1t will not be long before our
stock and sheep men have money to
spend and invest.
AS a large proportion of the busi-
ness men and bankers in this state
are interested in cattle and sheep the
prosperity of this business will have
an encouraging effect upon the entire
state.
1t seems that the cotton industry In
this country will be the last to re-
cover. AS yet there has not been a
satisfactory market developed for the
long staple variety. IT is not likely
that prices will average high enough
TO make growing profitable because
irrigation developments in northern
and central Africa and Asia Minor is
OpSIIlHS up leIIlIOrleS luedi 1Of Inc
growth of long staple cotton under
labor conditions which cannot be du-
plicated by the American grower. And
as the United States is cotton ex-
porting country it is not reasonable
to expect tariff protection for such
a small portion of the crop as may
be grown here.
But the hopeful sign is that the
farmer is beginning to realize that
his prosperity does not depend upon
high priced cotton. and that the soil
and climate here is admirably adapted
to the growth OF other products at
profits that exceed those of cotton
at the highes possible prices. There
are many things which he can raise
and market at profit without hav-
ing his calculations upset by con-
flicting trade interests. tariff policies
and world competition.
Finally. Arizona Is a new and unds-
veloped country. Outsiders are just
beginning to realize the opportunities
and possibilities here for investment
and profits. Capital is the greatest