OCR Text |
Show INDUSTRY HUMMING H EASTERN STATES Enormous War Orders From Europe Continue to Pour In, Edgheill Says. The wheels of industry are humming in the east, especially in all lines receiving re-ceiving war orders from Europe, according ac-cording to State Senator J. R. Edgheill, who returned to his home hero yesterday yester-day after being in the east on business since last August. Seuator Edgheill is an extensive buyer of wool in the inter-mountain inter-mountain country, and therefore came in close touch with tho woollen situation. situa-tion. Commenting on conditions he found while away he said yesterday: Money is easy for short-time loans and the industries which are getting war orders are rushed to the limit. The domestic business, however, seems somewhat light. It appears that there is an uncertainty uncertain-ty as to just what is going to happen hap-pen in Europe, and this feeling has caused extreme cautiousness in this country. There is a heavy demand for the cheaper grades of wool, but the demand for higher grade wools, such as are raised here in Utah, is very light this season. Last season, sea-son, when war orders began to flood in, all kinds of wools were used and there was a good market for our grades. But the embargo was lifted a short time ago and that permitted the Australian wools to come in free of duty. That has injured our market, because those cheap grades of Australian wool can be shipped into the east, freight paid, cheaper cheap-er than we can ship our wools from - here. In manufacturing blankets and such articles for war consumption only the smallest possible amounts of "wool are used just enough, in fact, to hold the goods together and the wool that is used is low-grade low-grade goods. The demand for our fine wools comes from the domestic trade. where higher standards prevail. I This trade, as I said, was not as ; brisk as it might be. Our mar- ! Itet, therefore, has been hurt. How- ! ever, if business continues to im- ! prove that market may be better j later, but the woolgrowers who be- , lieve their market will uut suffer j are mistaken. The hide business is booming. 1 ! wns told in Chicago the other day that one big firm had received an on lor for t wo mill inn pairs of shoes from Russia, iii? orders are ! constantly coming in from all the warring nations. |