Salt Lake Telegram | 1933-05-11 | Page 13 | Wool Loan Rates Aid Local Market

V Wool Loan Rates Aid Local Market l The proposed regul regulations affecting the marketing of Utah wools upon which the Regional Agric Agricultural Credit corporation has made loans will vill be a benefit to the wool growers growers grow grow- ers and also alio will help the wool manufacturing manufacturing man man- industry James A A. Hooper Hoop Hoop- er secretary of oC the Utah ers' ers association announced Thurs Thurs' Thursday day iday He said the thc beneficial effects o of this his plan are ore already noticeable in prices being paid for fleeces in the country today and dissipation of ot the fe eeling ling that existed some weeks ago that hat tie me credit agencies might insist upon liquidation of oC the clip cUp at shearing shear shear- ing ng mg time II If the R. R A A. C. C C. C wool I plan lan is permitted to operate he declared de de- de dared any increase in wool values as a result rOsult oft will revert to the he growers rather lather than to those purchasing pur purchasing chasing chaing th the wool That hat money would remain here with our people and enable enable en en- able them to bu buy goods pa pay debts and stimulate trade generally generall