Salt Lake Telegram | 1922-06-07 | Page 13 | Utah Woolmen Heavy Losers

UTAH I0LIN , HEAVYJ.OSERS Earl Contractors Sacrifice 10 to 15 Cents a Pound Telegraph reports received from Boa-ton Boa-ton by K. R Marshall, secretary of the National Woolgrowere association, show that the market Is excellent for wool and prlcee are mounting, but I'tah wool haa practically all been Bold. This goes t, show that It never paya to contract con-tract unshorn wool, according to Mr. Marshn.il. A report has come from Ijtramle, Wyo . that to.000 pounds of mlxrd wool hna just been sold at that place for 41'centa per pound. In Utah, from. It cente down o brhrw 10 cents waa paid, tha variation being due to the attitudes of the different sellers more than was due to varlatlona In the clips. On April it a higher price waa paid for the Jericho Jeri-cho pool, which waa Bold at 40 rents. "A lessening of contracting operations opera-tions In February, after control of a considerable amount of range wools had passed from growers' hands, waa a discouragement to many who had not jammed the true facts of The wool situation," aald Mr. Marshall. "Consequenily, when buying waa resinned, re-sinned, there were some who were renrty to acll at figures lower than haa previously bevn established. "All through the low times of I2t thlnga could be Been to be shaping for an upward movement. Klgurea aa to atorks of Wool, questionable as they were, nnd still are. revealed an Im-ending Im-ending shortage when considered with reports of consumption and purrhaee In the United Stutea and elaewhere, Including In-cluding the revival of operatlona In Europe."