OPEN TYPES OF PUBLIC MARKETS. 



15 



The investment of the relatively large amounts of money needed to 

 erect such structures would hardly seem to be justified except on 

 markets already well established and giving promise of a thriving 

 future. Where open retail markets of considerable size have thor- 

 oughly demonstrated their stability and importance and especially 

 where the market's activities are important even during the winter 

 season, it may be worth while even to build a shelter that makes 

 possible when desired the temporary conversion of the open market 

 into an inclosed market. Such a structure may be a shed of any one 

 of the several designs illustrated having an overhang sufficient to 

 cover entirely vehicles and teams, and provided with doors which are 

 easily removable. 



Fig. 3. — Market plot developed by a series of parallel shed units. Some of these units 

 are used for wholesale transactions, some for retail trade. 



Proper financing is essential to the full success of a market, whether 

 it be under the ownership of a municipality, an association, or a cor- 

 poration. 



In most cases in which markets have failed or are of slight value, 

 poor methods of financing are found to be contributing factors. The 

 most common error in the case of municipal markets is to turn all 

 receipts into the general treasury of the city and to pay all expenses 

 by special appropriations, thus obscuring the relationship between 

 income and outgo. Best practice among successful markets seems 

 to favor the creation of a market fund into which are deposited all 

 market receipts and from which are paid all market expenses. Fees 

 should be fixed so that they conform as nearly as practicable to the 

 relative values of the different spaces and so that the aggregate in- 

 come will be sufficient to pay all expenses, including depreciation and 



