Show UTAH WOOL WAREHOUSES SEEM PROBLEMATICAL TAKENO TARE TAKE TAREN N NO STAND TAN 2 ON PLAN r- r f I Federal Specialists Meet With Local Bankers and I W to Sound Sentiment on Proposal WELVE prominent wool wool- I T TWELVE 1 growers and bankers in Utah were unable to reach a definite decision as to whether or not the establishment in this section sec sec- tion of wool warehouses licensed and bonded by jy y the United Stat States s would be beof beof of or material value to n generally generally gener gener- I ally any today when they met at the capItol capitol capitol cap- cap itol with R R. L. L Nixon warehouse specialist A. A H. H Fast assistant to the solicitor of the department of ot agriculture agriculture ture hire and Carl darl Na Nagel Investigator of wool warehousing All An three men are making a tour of the wool centers of the United States conducting hearings on on- on th the proposed rules Jules and regulations drafted by the secretary of ot agriculture to govern the organization and operation operation operation opera opera- tion of ot these warehouses It was brought out that the organIzation organization organization organ organ- of warehouses of ot this nature In Utah w would uld be of ot special specia value to the small grower BENEFIT TO SMALL GROWER 1 W. W D. D Candland of Mount Pleasant named the chief benefits that could be obtained from such a proposition by the small grower Heretofore Utah has been forced to set the the opening I price on the wool market let because ause of ot the fact that shearing Is done earlier here than in many of ot the other beau beau- ties This price has been purposely ly set at a low figure by Eastern buyers and dealers who are on the scene at the time of shearing according g to Mr Candland Jf It the of Utah has a warehouse ware where his product could be stored until the market was in full fun swing it w was s declared that the small grower would cease to be bilked out of ot some of ot his profits as is now claimed to be the case NOT SUITABLE HERE CLAIMOn CLAIM On the grounds that the wanted his money Immediately after fter the shearing s season ason and could not af afford atford at- at ford to allow his product to be stored for th the time the proposed warehouses would not be successful in this vicinity vicin vicin- ity It was claimed by T T. W W. Boyer of ot the Continental National bank and Idaho I Mr Boyer claimed that the wool was less valuable when stored in any warEhouse warehouse ware ware- I house In hi an unclassified condition He also stated the average woolman preferred preferred pre pre- to ship his wool to Boston Philadelphia or Chicago where it would be available fo for the buyer to Inspect before purchasing i Mr Nixon acted as chairman of the meeting and explained that one of the chief chiet benefits to be obtained from establishment of the warehouses would be that with wool properly stored in a licensed and bonded warehouse under the supervision of ot the department of agriculture the grower would be able to secure secure loans at a preferential rate from practically any local bank If the bank was vas not in a position to make the loans as large as desired or as many as might be requested the federal federal fed fed- eral crab reserve banks would offer otter backIng backing back back- ing it was claimed x WILL CONTINUE TOUR The representatives from Washington Washington Washing Washing- ton will continue their tour tonight stopping at six other wool centers be before before be- be fore returning to Washington where the tentative plans for rules and regulations regulations regu regu- lations will be revised and the ideas obtained from the various sections of ot the country taken Into consider consideration Mr Fast stated Following this every section of ot the country would be given the opportunity to establish one of ot the warehouses which will be licensed and bonded by the government Following are the men who attended the me meeting meeting- T T. T W. W Boyer R. R H. H Winder James Hooper W. W T. T Ritch David Smith P r. K Goddard Thomas Austin Albert Smith W. W J. J Henderson Hender Hender- son all of Salt Lake Edward D. D Samuels Samuels Sam Sam- ucla of or Vernal A. A F. F Haycock of ot Richfield Richfield Richfield Rich Rich- field and W W. D. D Candland of ot Mount Pleasant Thomas Redmond acted as representative of ot the state livestock I board |