Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-14
VALLEY LIKED
20 eastern
BANKERS HERE
Great Future Is Seen
For Brownsville In
Completion of Deep
Harbor Plans Here

Twenty-nine representatives Of the
Peabody-Houghteling and company.
investment banking firm Of Chicago.
stationed Al the home office and
other eastern cities. and IL repre-
s~entatives of the company in Texas
have completed a tour OF the Lower
Rio Grande Valley as the guests Of
W. l.. Pearson. Edinburg contractor.
and left this city at III o'clock We'd
nesday morning by automobile for
Corpus Christi.
They arrived here from Corpus
Christi about 8 o'clock Tuesday We
ming and. after registering at Hotel
FL Jardin. crossed TO Matamoros.
where they were Pearson's guests at
a banquet at La Villa Espanola."
The party plans to arrive back in
Corpus Christi in TIME 70 catch the
Z O'Clock train for Victoria. whe-e
they will disembark for n tour Of
the company's gas holdings in the
Refugio field. They will leave Vic
toria Thursday night for Houston.
the final stop on their tour Of the
principal cities Of Texas.
Il buIlik inc NtEh AndL AnfN nay =
been touring the state they have
visited Dallas, Fort Worth. San An
tonic. Corpus Christi and the Lower
Rio Grande Valley.
The Chicago company is interested
in large gas holdings IN the Refugio
and Corpus Christi fields. They also
control a large grain elevator at
Fort Worth and numerous gravel
and sand deposits throughout va
rious sections OF the state. All of
these holdings are listed under the
control Of Sayet company.
r.. U. Klumb. manager Of the Mil
waukee office of the company, was
strong in his praise Of the Rio
Grande Valley and Brownsville in
particular.
~ believe that with deep water.
this city will grow into one q the
most important cities Of the Gulf
| Coast he said. "It Is located IN a
veritable garden spot and its trade
| territory will extend far into Mex
leo. | expect great things If this
| city provided they will carry the
deep water project 10 completion
Although he had visited other see
tiuns ~ Texas. this was klumb's
! first trip into the Valley.
I'VE people of the north have al
ways had the idea that tho people ~
the south were slow and sluggish
and we believed their cities we're far
behind in development. This trin
was made primarily TO acquaint tie
northern officials Of the compF
with the true conditions in the south
and the Rio Grande Valley, N itself.
has opened our eyes to q situation
and a progress that we little dream
ed existed" he declared.
Following is a little of the ROM
pany's eastern officials and repre-
sentatives included in the party: W.
/ c. Gibson. Chicago. vice president;
Fred n. Mason. vice president. Chi
cago: r. j. Conner, assistant to the
president. Chicago; l.. r. FrancoUr,
assistant 20 vice president, Chicago;
u. NJ. Hair. advertising manager,
| Chicago: III. j. Elliot. San Francisco
office: II. f.. Henrichs. St. Louis Of
flee: A. =. Salmon, Boston office; j.
r. Beck. Lafayette, Ind. office; y
r. MacIntyre. Joliet office; \. ".
Moore. Illinois representative out
side Chicago; c. W. Christopher, Pc
toskey, Mich. office: Sam Barnes.
Minneapolis office; r. q. Toutloff
! Ironwood. Mich. office; r. c. Lark
ford. Duluth office; +. J. Lawrence.
Beaver Dam. Mimi. office: J. q
Policy. Cleveland office; Dale Nc
Donald. Detroit office; John j. Wei
smell. city sales manager. Chicago.
n. II. Klumb. Milwaukee office. and
the following from the general Of
| fees at Chicago. j. Il. Stains. {. NJ.
| Strickland. Z. G. Wolford. Harry
Hunt. j. p. Green. n. J. Naiorsen.
j. T.. Mills and H. l. Robinson.
The trip to the Valley was purely
a pleasure and sightseeing trip, Ct
| ficials OF the company declared. and
il was made on an invitation from
Pearson. who personally arranged al
entertainment features.