Show OPTIMISM FELT BY HEAD OF US U.S. ERS President Wife Visit S. S L LEn l. l En Route to Home in Idaho From Honolulu Citing the refusal of the secretary ot of f agriculture to make mako any adjustment adjustment adjust adjust- ment meat on grazing fees as an instance of f government profiteering at the expense ex- ex pease pense of the wool industry Frank J 3 J. J Ha Hagenbarth president of the National Nation- Nation al I association Friday declared the wool outlook bright de dc- spite that action Mr and Mrs Hagenbarth arrived In n Salt Lake Thursday night en route to their home In Spencer Idaho They have spent two months month in n Honolulu Mr Hagenbarth plans to o leave for tor his home Saturday The action of President Hoover in making malting available for the release of frozen assets will have a favorable reaction on the sheep ant and cattle industries Mr Hagenbarth stated The wool industry presents one of theO 10 pictures I have seen in inthe in inthe the he past two years he said laid Wool Wools is s being consumed by mills at a much greater rate than it is being pro pro- produced need throughout the country The livestock industry also is a little better bet- bet ter r off Comparatively speaking he said wool prices are stable and conditions conditions condi- condi ons abroad look Jook good Although there is plenty of room for improvement improvement improve improve- ment meat it docs does look like the foreign wool situation is on the upgrade Low prices have made the lamb problem discouraging but any improvement improvement im provement in general business and industrial conditions will vIli reflect on the lamb market Consumption is steadily increasing he said Mr Hagenbarth said that one of f the major factors fact rs which is helping producers of both wool and lambs Jambs Is is the material decrease in production production production tion expenses He stated that National National Na Na- Wool week had a stimulating effect affect on the industry and that the thc great difficulty was the fact that there was not enough manufactured goods on hand to meet the thc demand |