Show BUYERS MAK G CONTRACTS fOR WESTERN W WOOL Ol Advance Buying Heavier in Idaho and Nevada Than Among of Utah Marshall Says Practically a million and one- one half fleeces of 01 wool on the shee sheep's s 's back have been contracted In the past few rew days In the intermountain country according to Information given out In various wool circles here today Despite the sentiment for the last Jast three years by the National National National Na Na- association declarIng de declaring do- do claring daring that the practice of ot ea con contracting wool prior to shearing shearIn ha has hils generally resulted In serious financial financial finan finan- cial loss to the there has been rather extensive contract ing Ing of wool on the sheep's hack back Professor F. F R. R Marshall secretary of the National as association as- as said today He lie e that the contracting w wS done on a rising market iT daring claring that the practise of con coif The Boston Transcript which has kept In touch with the wool movement often orten getting Inform tion of wool buying In Boston b before be h- h fore for it is received In the w West st st st. outlines the present contracting 1 as follows t 1 1 Operations seem to have have- beep beer fairly widespread with Nevada r and Idaho conspicuous Ju Just t how lw many Boston houses are contracting it Is Impossible to sa say but practical all those who usually handle territory territory terri tory wools are concerned StLouis St Sk Louis and Chicago houses are a also alst 10 Involved Philadelphia has not J into action on a large arge scale Thu far buyers have been able to ke keep kep p prices on a fairly moderate 1 bast Among the notable transaction of or last week weel Is the sale of a Boston Bos- Bos ton firm of or the Rexburg Idaho pool estimated around pounds The price paid Daid Is said t to tb have been 41 and 41 cents wools having been offered at a sealed bid sale Another transaction transaction tion which has attracted attention is the he Cedarville Jo pool l In northern Nevada at 39 to 40 cents It It Is estimated ted that the recent transactions transactions transactions trans trans- actions In ih the triangle and eastern Idaho have totalled a a. fleeces most of which have been tied up during the past three ay the range In prices being generally 41 to 41 cents GIVES REPORTS James Tames A. A Hooper secretary 0 of oE Utah association said tod today y that the contracting in Utah was not as extensive as Inthe In iii hithe the other sections of or the Intermountain Intermountain Intermountain Inter- Inter mountain 1 West test He asserted that most of 01 the wools that were contracted contracted contracted con con- on the sheep's back tack were cross-bred cross wools and only a few fine or medium wools were contracted con Con- According to the Information re received rC here this sudden Increase ase in contracting Is In accordance with recent predictions in the market as It was felt that ji spite of or the unsatisfactory condi tion of the goods trade the market was ripe for a big speculative movement In the new clip wools Quoting the Transcript P Perhaps Perhaps Per r I haps It Is not necessary to rehearse the reasons for this condition but plenty of free tree capital excellent credit and the proverbial resiliency of the Boston wool trade are strikingly strikingly strikingly illustrated again agan That this this' movement will spread Is the belief belief be belief be- be lief of 01 those actively ely Interested today to today to- to day and It also is believed that nothing can prevent a rise In prices under such conditions Professor Marshall said that th year as last the growers had bee been urged not to contract but to w wait it until shearing time to sell their wool with the expectation that r th they y would be able to realize a better price for their clips I |