California Cured Fruit Exchange
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1912 - 1916 |
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The California Cured Fruit Exchange was a dried fruit grower's cooperative to control sale prices. The organization was started in 1912 in the northern Sacramento Valley, initially with 6 local associations[1] but expanding to 25 local associations. J. P. Dargitz, formerly of the California Almond Growers' Exchange, was the initial manager[2]. In its initial year, the exchange had control of fifty cars of dried fruit to sell.
The association hit problems in 1916 and disappeared soon after. One likely cause for the failure was that the Exchange could not gain a large enough fraction of the market to control the prices, which the president of the association claimedCite error: Closing </ref>
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tag. A. & C. Ham bought equipment from their Emeryville plant in 1917 according to report of packing house fire in 1917. However, the exchange still managed to become "the most extensive cooperative dried fruit packing and marketing association up to that time"[3].
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References
- ↑ Henry M. Ellis, Cooperation in Selling California Cured Fruits. In California's Magazine, volume 1, issue 1, 1915.
- ↑ California Cured Fruit Exchange. February 1, 1913 Pacific Rural Press. The article goes into serious detail on the operations of the exchange.
- ↑ Robert Couchman, "Sunsweet Story". 1967, Sunsweet.