| Show f BANKERS BANKE I 1 r k as TAKE TO A TV 99 V IL y MIDLAND LANI BONDS t group of big moneyed men fi figure 9 ure on if to coast good roads issue loc loca lock ac k f work along the trail f 1100 11 00 a W C Hon drle president of a loe los angeles rubber company has completed a tour of the southwest and ia U preparing to report to a group of bankers covering tho the made in good road construction by the various instated counties and cities of the territory west of the colorado dmd kansas a line and south of the northern utah nevada and california on thie this report wilt will be based in a largo large measure the expenditures in bonds and other forma of com erceal paper with which the banks will be prepared to back automobile auto truck auto engine and tiro projects project a now consideration era tion the Ilen hendele drie report will show that before the opening of the panama exposition in ln ban san francisco Fran in 1915 more than will be expended for good roads in colorado arizona new mexico nevada california and utah and aad that as a result of thie this great areat work the field in motor vehicle financing will be practically unlimited for the next ton years Is head of a I conc concern erfa that la Is building a DOO automobile tiro tire factory at torrence a suburb of loe los angelee angeles and within the past week baa has let contracts for the doubling ing of the output of this plant as a result of hie his own investigations according to the report which III be sent sont to new now york during the next ton daye days california leads the development ment in road work with the expenditure by the elate state of for two line lines of good road from the mexican to the ore con coll boundaries bouD darlee loa los angolia county will lead the suite with I 1 already expended and with a program of a hundred mue miles of good road ad for a year tor for the next decade otheir other in california are not tar far behind colorado comes second with ite its newly created highway commission which Is open ding idoo this year in the beginning of its road work the colorado fan expect to eel get a halt million dl dw lara lars from cho he counties addition to the state fund and with this money will put la in three kundrod ami ninety five mile miles 0 of road to add to the fort five hundred mile miles ot of fair road r eady in existence exia tence in utah and nevada the work of if connecting up with tho colorado road to make a central roadway for or automo automobiles bilea from the Roc heckle klett to the coast toast Is to being li idled by the legislatures while in arizona and now mexico the ocean to ocean highway people and the old santa ve fe trail association are lre working with the california commission in puttie 1 in the southern system the total work planned la Is estimated to be bet in excess of forty million milron dollard dollart 6 of which fully three fifths will bo be spent in california wan thi road work as a basta basis la Is preparing his its report to abow diat the west which already la Is the biond greatest automobile maralt in III the orld will because of c climatic conditions and the opening 0 of f the panama canal within three years become even a greater auto market than new now york and no Eln fingland gland which hom the record at the time with this showing as a basis expects the bankers interested to give financial to the plant factories that within the past few weeks have their intention to follow the lad lead set bet by the Ilen drie company and other companies com panlee by open in western factories the lion drie company lit Is itself completely financed and arrangements are now being made under the me d direction I 1 of ot chief chemist thacher formerly of the united states rubb rubber r company to open a chain chaim of supply houses from the colorado and kansan line to the coat the company already has stares in loa los angelea angeles denver and salt lake city operate operates one factory la in denver and is building the first unit of what will be uett a factory at torrence torrents A olid solid train load of machinery haa has already beon been shipped anil and it la Is the doubling ot of thia this shipment ard ar d the start of too the second U unit antt of the factory that has brought lion drie to L loi angelee angeles at the present time |
