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Show . k . mJ r" - " n 7 ' ' ' ."' ' Gigantic Wool Pool in Utah Planned forThis Year by Farm Bureau PI0UCLI5JI BE HELD FOII MARKET Project Embraces Storage Grading of 25,000,000 Pounds, With Issue of Receipts Re-ceipts Good for Loans A GIGANTIC wool pool, which jt is estimated will amount to about 25.000.000 pound, to be notified and marketed, mar-keted, is the substance of a plan devised by the subcommittee of I ha wool marketing committee of the Utah state farm bureau. The plan will ba presented In f u I to I'lah woolgrowera at a special meeting to be held at the Hotel Utah Monday night, March Jl. The plan embraces the entire state and provides that the woolgrowera shall aend their product to the officiate offi-ciate of the pool, who are yet to be named. The producer will be given a receipt for hla wool, which will be honored hon-ored by the hanks for loan purposes. The wool will then be graded by a licensed grader and held In the ware- houses until salea are made. I MUCH NOW HELD. ' A normal wool crop of Utmh amounte to about 16.O0O.9O0 pounds and It was jeetimsted that practically three-fourths of the 1M0 crop Is still held by the facers according to officers of the etc- arm bureau. According to the bee i extlmatra. lees than one-half of the 1921 clip haa been contracted for OTTrotd trotright l dale The pool will accept the unsold portion of the 120 clip and that part of the 121 clip which the producera send to It. But one feature of the plan remain to be worked out definitely, said an official of the bureau today. The warehousing facilities Is the unsettled I . . ..tri-..tf w chiefly In point i iu km- .... , . finding suffclent space for the storage of auch a quantity of wool which the pool la expected to create. I IN TWO PLACES. ' Warehouses will probably be main-' main-' talned In Bait Lske and Ogden. One iof the principal featurea of the plan will be that of grading the wool. It iwill be marketed according to tha I grading figures placed on each clip by the licensed grader. I Farmers and woolgrowers from all parts of the state have been Invited jto attend the speclol meeting to be j held at the Hotel Utah next Monday I nigh. D. r. McKay, prealdenl of the Warm bureau and chairman of tha bu-I bu-I reau's wool marketing committee, wl.l preside at the meeting. |