Salt Lake Telegram | 1924-12-28 | Page 58 | Wool Growers Face Prospect Best in Years

I II I rAGE FACE PROSPECT i I BESTIN YEARS I f i Prices Soar With Cash Paid in Advance While I Range Condi Conditions ions Are Mu Much h Improved I With the world demand for wool I rapidly exceeding the supply prospect prospect pros pros- of a wool boom in Utah for I 1925 even exceeds even exceeds the favorable year just past Already Alread according to toI statistics from the I sources fleeces have been heen sold from the 1925 clip at high igl prices s and the money is already beginning to come into the state to be put in circulation here Utah has now about sheep which have brought Into the state during the present year by bythe bythe the sale of wool and lambs more I than This money has all been expended within the state stale I and passed through the different marts of trade This his is a considerable contrast with the dark days of the spring spring- and summer of 1920 The armistice had been accepted the war was Vas at an 11 end and the prices of agricultural products were marked down 00 OO per cent The rhe longest and most cruel winter known in the history of the Utah range h had d preceded Wool dropped from 62 cents to to about 14 cents pounds pound of wool arrived in Boston In one week weel dealers were afraid to make an offer for wool Banks had reached the straining point arid and it was evident to every thoughtful person th that tt if ifan ifan ifan an emergency tariff was not enacted enact enact- ed b by congress the in industry industry industry in- in I of Utah would be destroyed It was enacted and the situation I saved but not until several wool- wool growers were forced to the wall I What a strange picture this presents presents presents pre pre- to the rowers of the int in- in t cou country try today The wool crop of 1924 was sold at a little lit litt tie tle better than a fair price and al already already already al- al ready buyers have paid in advance for the great bulk of the 1925 clip They fear that there will be a wool shortage e and the price will soar to new unusual heights The latest reports show that the buyers despite their activity have been a little slow in taking hold inthe la J lathe the desert and other drY dry sections of Utah It Is said that on account of drouth conditions buye buyer i s fear a sandy condition of the fleeces at shearing and for that reason are arg ar a little coy Early contracts in southern southern southern south south- ern Utah are reported to have been quite within the range if of 41 and 42 cents and perhaps a little more as the buyers work north In III the last days of November contracts are reported reported re reported re- re ported to have been made at 46 2 1 cents at Deseret and Deseret-and and 46 cents in the Panguitch district RANGE LOOKS GOOD Range conditi conditions ns were not the th best during the year 1924 The first heavy rainfall gave a fair range followed followed fol foI- fol- fol lowed by a a. second winter which helped conditions but U t that the range gradually ed and without h heavy a vy rain the w winter range was poor Tl recent heaVy snowfall hov 1101 1 ever lif saved the day and will viii undoubted react toward a splendid range Th Tn Tr coupled with the decrease in I rates for wool which ta take ke effe I on December 27 21 and ana the gradual l Improving prices speak well for tl Utah wool industry in 1925 g gAn An campaign will wil be maby ma mar maby marby by the wool growing associations association Utah and the sister wool states the coming winter inter to bring t tI wool growers together into a coupe coope marketing scheme This c con with the drive to have ill Phipps grazing bill passed in cot cot gress and the retention of the p pir- pir preVent e ent wool tariff about conclude tt legislation n that will be propose The Utah state c car cor i venti on will be held in Salt Lal c January 16 and will take up a ann n nun n ber of ot vital problems lems concerning 1 tl tI I wool industry in the state J. J