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OBILXCAJN AN INDEPENDENT PROGRESS3VE JOURNAL PHOENIX, ARIZONA, THURSDAY MORNING, JANUARY 1, 1920 (Section Two) VOL. XXX., NO. 249 THIRTIETH YEAR (Section Two) TH REP i ! w h f. i I r BAN KS OP VALLEY ARE IN THE BEST OF CONDITION Year Just Closed Has Been Prosperous For Phoenix And Valley And Financial Institutions Kept Pace By W. H. "Thompson, Ve President and Cashier Phoenix National Bank, and President Mari copa County Bankers' Association. The year 1919 has bern a most pros perous one for Phoenix and the Salt River valley. The merchants generally report tn moat satisfactory business and a -very largre increase In total busi ness done, over previous years. Part of this Increase is of course due to the ' fact that goods were sold during, the past year at preatly Increased prices. butteven allowing: for this, the actual volume of business transacted shows a very material increase. The farm ers have again received high prices for their products and the market for cotton ha.s been a continuous one at a much better average price than that received during" the previous season The congestion at the jrins was very materially reduced awing- to the in creased facilities which were available and consequently the cotton has been more readily marketed and returns more-quickly received.. Banking -conditions -throughout the valley are most excellent aod the de posits as of the-close of this year will un doubtedly show the largest total in the history of the valley. Theso deposits of course reflect in a largrw measure the .prosperous conditions which exist The financing of the movement oj the cotton crops is probably the larg est undertaking ever carried through by the banks of the valley, but it has been done without disturbance of any character and we believe to the satis faction of all concerned. Forecast Readjustment City and ranch property vaJues have materially increased as have lands all over the United States though prob ably to a greater extent here than elsewhere. Acreage of course has risen because of the handsome profits which have been realized, from the growing of cotton and so long as present prices for the staple prevail it will yield large returns even at the increased prices; It should be kept in mind, however, that with the return of other commodi ties to more nearly normal prices, the price of our cotton may also decline and that it may be again necessary to produce less profitable crops on our lands. It would therefore, seem that there is a limit to which values safely go for the future prosperity of the valley. The readjustment of com modity and other prices may go down ward which lias been so eagerly looked forward to by all, has not yet been felt, hut well-informed bankers and busi ness leaders still forecast such read justment, though none seem able to set a definite time for its commence ment. The year 1920 should show contin ued progress in both Phoenix and the Salt River valley and as the basis of our prosperity is agriculture, it would seem that we are in a most excellent position to meet whatever conditions may arise. CEIsTflALAVETDAIRY LURE OF COTTON WORKS AGAINST DAIRY BUSINESS T 0 DELIVER MA LK 0 F THE NORTON DAIRY Geare Bros., proprietors of the Central Avenue dairy, have faith in that industry which they have con ducted for several years and which they received . from their father be fore them. They are not only not go ing out of the dairy business, but on the contrary they are, extending it. They have just closed an arrangement for taking over the milk of the famous Norton dairy, and beginning this morn ing, will take over the Xorton routes. The milk of the Central Avenue dairy is grade A, as is that of the Nor ton' dairy. - The milk of the latter will be delivered to the former where it will be bottled and whence It will be distributed. . Holders of Norton tickets will have them honored under the new arrangement. The brothers, speaking last night of the business, said that though they are occupying expensive land, within two and a quarter-miles of the city, they find the business sufficiently profit able to warrant their remaining in Jt. They are milking 125 cows. There are . 75 in the Xorton dairy. But Spread of Diversified Crop Doctrine and Re tention of Young Dairy Stock Makes 1920 Out look Good During the past few years the dairy business in the Salt River valley seems to have suffered a decline owing to the increasing amount of acreage planted to cotton. This decline became more and more noticeable in. record of pro duction during the year of 1919. The yield of milk for this year has fallen-to a very unsatisfactory figure from a point of quantity but from all indica tions the low point of production has been reached and the year 1920 will record a marked increase in the amount of milk produced in the valley. . As against 55,000 head of milch cattle in Maricopa county there are now only about "0.000 head, and quite naturally such a reduction in the dairy herds would bring about a big decrease in milk production. But the production per cow is now greater than before the dairy herds were sold off and the land planted in cotton. This has been made possible by a grading up of the cows and the elimination of cattle which are poor or indifferent milkers. Young Stock Retained It is quite true that some excellent herds have been shipped out of the state, but in most cases the young stock has been retained and it is ex pected that several thousand head of excellently bred heifers will come into milk with their first calf this coming season. When these young dairy herds come into full production conditions will be very improved since the lesser number of high grade cows will pro duce milk of a higher grade and greate volume than th- greater number of lower grade cows. A great number of cotton growers have found that dairying is a neces sary part of their business since the He SaTOd $0 fertilizer produced by dairy herds as well as the leguinimous crops which are their ration, enrich the soil with the chemical properties of which it is robbed by cotton growing. Hence a great number of cotton growers plan carrying a dairy herd on their ranches. Outlook Encouraging The excellent prices or dairy prod ucts and the increasing world demand, make the business of dairying a most attractive pursuit, especially in the Salt River valley whera ideal climate conditions make it possible to produce a maximum yield of milk, at a mini mum expense for feeding and shelter. Salt River dairymen have learned that the economical method of feeding is to build silos and yard feed the herd rather than graze them, since the acreage required for grazing and the value of the land involved makes that method of feeding more expensive and less satisfactory from a standpoint of butter fat production. Considering the dairy business from every standpoint, the outin,-i- for 1920 Is most encouraging. -o - I Where The People J f May Have a Hearing : These Are Pioneers Kditor of Arizona Republican, Phoenix, Ariz. Dear Sir: Your article about Jake Miller and his "Christmas record" has set my boya to talking1 and some of them desire me to tell you that they can remember very well when Jake Miller and John P. Osborn first came to the state. It may interest you and your readers to know that the records of this Insti tution show that there are thirteen ladies and gentlemen now living here who have been in the state 50 years or more. Their names and the date of their arrival follow. Tou will note that one of them. B. S; Barrett, better known as "Sandy" Barrett, has been in the state 61 years Date of Xame Arrival A. F. Banta 1S63 B. S. Barrett 1853 John Branen 1869 Geo. C. Cary 1864 T. J. Foster 1866 Clarence B Ferguson 1854 Frank Marlow 1866 Hugh Warren 1867 John Young 1866 Mrs. Klizabeth K. Gladney 1865 Mrs. Mahala Stainbrook 1864 iiy engineer, John F. Mahoney, who is not a member of the Home, first came to the state in 1869, making him a resident for 60 years. Yours truly, GEO. A. SHEA, Superintendent. Pioneers' Home. o Use The Republican Classified Pages for Results Read for Profit. New Year Greetings I wish each day of the New Year to be full of joy, prosperity and contentment for you, the people of the Salt River Valley. R. M. TUCKEY 16 E. Adams St. ByGeUmga jgrf Electric Washing Machine No Belts to Break or slip or catch your clothes Instead, the Thor is run by covered steel gears finely ground and case hardened. You don't want belts. B sure yott get a Thor. Tested and Approved by Good Houskeeping Institute v Every housewife every MAN of the home should read the following letter: The service we nave enjoyed in our household from a Thor Washing Ma chine, purchased from you seven or eight years ago, has been really remarkable. "We hare a family of three suU children, consequently the laundry work -ha been quite heavy and the Thor has been run weekly, and very frequently twice a week for "all this time without ever falling down on the job, and the machine today is in good working order, capable to do the washing for a long time to come. "We figured out the other day that Am Thar hat actually mmc? urn $600, in addition to the great satisfaction and the saving in time, the elimination of ar ranging for laundresses and looking after their wants, to say nothing of the disappointing quality of the work when it la necessary to change laundresses. "We have had the greatest satisfaction from cur Thor machine, and we look upon it as indispensable to the household. We would advise the purchase of a Thor Washing Machine long before the fine furniture or solid silver, or even a piano, is thought of. "We are so enthusiastic about it that we feel that we could convince the most doubting prospect yon ever got bold of. Cordially yours, -River Forestall!. . . (Signed) MORRIS R. EBERSOLEV We have made it so easy to get a Thor that no house wife should be without one. Easier on clothes than the wash board. Washes clothes just as clean. 300,000 women of America own Thor Electric Washing Machines. But be sure you get a Thor the machine that has the Safety Wringer Release and the Self-Cleanable Wooden Revolving Cylinder, combining the utmost cleanliness with the least possible wear on clothes. ' Telephone for Demonstration Just phone us and learn how you can have the Thor demonstrated in your own home, or come in and see how this wonderful machine actually washes the clothes makes them so clean handles them so gently. Phone or call TOMORROW. Call 4436 for' free demonstration in your home NEW STATE ELECTRIC AND FIXTURE COMPANY 228 W. Washington Guaranteed by HarUy Machine Co. Th oldest and largest nana, f cturera of exclusively Electric Washing Machine in the world. Also makers of Thor Electric Hocne Ironets. and Thor Elec tric Cleaners. Established 1906, A nnounc ement Dwight B. Heard Investment Co. 'Announces that it has taken over the business of Dwigkt B. Heard and will occupy the same quarters as tht now occupied by Dwight B. Heard. When the Heard Building is completed the Dwight B. Heard Investment Co. will move into new and enlarged offices on the ground floor of the Heard Building.