Show WOOL SAIES PIAN READY UTAH ARE TOLD the national wool marketing corporation po ration Is ready to function and the next move Is for woollen to systematize their operation effectively to cooperate with the national sales agency that was the message brought from washington D 0 to the twenty third annual convention of the utah wool growers association and the first annual meeting of the associations auxiliary last week at salt lake city utah by prank J hagenbarth spencer idaho president of the national Wool growers association more than woollen from all over the state were assembled in the convention room and nearly members of the organization were present during the opening day the national wool marketing corporation po ration has been finally set up and Is ready to function said mr hagenbarth it has been financed by the federal farm board in its initial stages and the next move Is up to the present wool marketing cooperative or in the various states and the growers themselves the first move demanded Is that individual growers or local pools wanting to take advantage of the corporation must bring themselves together in local or state cooperative associations controlling a minimum of pounds there are several of such organizations now having from to pounds utah has such an organization last year handling approximately COO pounds in brief the plan of the corporation is first to make where required purchasing advances not to exceed 1 per head of sheep to be shorn second after the wool Is shorn and bills ol 01 lading issued against it or it ware house and warehouse receipts issued against it in favor of the corporation then to advance 90 per cent of the value of the wool at a rate of interest not to exceed 6 per cent until the wool Is sold the present day value of wools will be determined by the farm board with the assistance of the wool ad committee by ascertaining the foreign price of competing wools then adding the tariff and deducting the difference in quality for the different grades the grower thus Is assured of full value of his wool based on its foreign parity the corporation has secured the sole and exclusive services of draper co of boston as selling agents the services were obtained upon terms deemed by the board of directors of ithe corporation of great advantage to i the growers the farm board has approved this contract draper co Is well and favorably cnown throughout the entire wool growing regions of the west and southwest and will devote its entire time to selling for the corporation and conduct no business on its own account |