Show UTAH WOOL Will GO TO WAREHOUSE Close Contracts Which Are Expected to Advance the Price LOANS ON STORAGE CLIP BOSTON FIRM AGREES TO AC ACCOMMODATE ACCOMMODATE PATRONS By the losing closing of ot contracts between the Utah Wool growers association and W V C Snow representing the firm of ot Jeremiah Williams Co of ot Boston steps were taken yesterday by the wool growers of Utah for bringing about a s substantial Increase in the market price of o wool The action was taken as the result of ot a a meeting of ot the directors of ot the association last Saturday to con consider consIder consider sider a proposition presented presen ed by A W Elliott who also represented the Bos Boston Boston Boston ton concern Arrangements have been made where whereby whereby whereby by the Boston firm will store tore all of the wool sent from this locality at regu regular regular regular lar storage rates for as long a time as the owners desire presumably until there Is an Increase In the price In addition the Williams concern will loan on the storage clip 75 per cent of ot the market value at the rate of 6 per cent interest The company has just com corn completed completed a new warehouse with a ca capacity capacity capacity of pounds of wool The advantages of ot the plan are many it is said inasmuch as it will per permit permit permit mit the wool growers to store their product near n ar the market and to re receive receive ceI e a portion of the money which they would receive for or the sale of ot the clip cUp In order to carry on their busi business business business ness for the coming year ear In addition to this it is said that the Williams company has no Utah wool in iii storage at the present time so that when sales commence the Utah clip cUp will receive first attention At the present time the price of wool is about 15 cents a pound It is hoped by the storage plan to bring about an Increase of ot from 5 to 7 cents per pound Many of ot the Idaho and Mon Montana Montana Montana tana wool growers have signified their desire to include their clips with that th t from Utah and Nevada wool growers will also join with the sheep men of this state The total clip of ot this state alone will aggregate close to pounds S |