OCR Text |
Show I RECENT REEI CNWOOL WOOL SALESSHOW SALESSHOW SALES SALESI I SHOW BETTER PRICE PRICEA j - I IA A decided change foi fOl the better betterI betterseems better'seems betterseems I 4 ' 4seems seems to have occurred in m the wool woolmarkets woolmarkets woolmarkets markets The very recent sale of a aWJ aivy aWyoming WJ ivy ' ! : on oming ng clip of this years year s wool for for12 12 cents a pound in m the grease has hasglven hasgiven hasgiven glven given \ woolmen oolmen of the west increased increasedII increasedhope ' hope for bettel better pnccs pl"lces pllces prices " , intermountam intermountain intermountainwoolmen intermountamwoolmen intermountainwoolmen II IIhope woolmen declare This particular pntlcular chp clip clipas , as reported , v . was as purchased by S Sil- Sil SilI Silbermann Silbermann Sil-bermann Sil bermann - - I bermann & Sons , Chicago , along with withlother withother withother other clips cUps aggregating aggregatmg 150 150000 000 pounds poundsand poundsand poundsand lother and ranging ranglng in price from 9 1-2 1 2 - to 12cents 12 12cents 12cents cents However , this particular wool woolI woolr woolfIrm woolfirm woolfirm I r fIrm deals in special pecial pecial.ools wools \.ools .ools Stools \ . and would wouldnot wouldnot wouldnot not be in m the market at all for many manycUps manyclips manyclips cUps clips A rumor is 15 current that the theRobert theRobert theRobert Robert M Pitt company , Inc . , of ofBoston ofBoston ofBoston Boston had either bid or bought a ap3lcel aparcel apaicel p3lcel parcel of Texas wool at 17 1-2 1 2 - - cents inthe ill in illthe inthe the grease , but this has been declared declaredto declaredto to be without foundation It also has hasbeen hasbeen hasbeen been rumored that a central Utah Utahsheep Utahsheep Utahsheep sheep company had sold 1933 wool for for14 14 cents , but this is also demedTo deniedTo denied demed deniedTo To date , , few sales of the new cliphave clip cliphave cliphaver have- have havebeen - been made and most of these thesehave thesehave Ihesehave have been low Woolmen should look lookfor lookfor lookfor for better prices on this thlS year's years ' clip cl1p for forthe forthe forthe the following followmg reasons , officials of the theI theNational theNational theNational National Woolgro\\ Woolgro Woolgrowers Woolgroers \ ers association say sayI say(1) say1 I (1) 1 ( ( ) The end of a five-year five year - depressioni depressionin depression I in . wool v.ool vool prices has passed , , (2) 2 ( ) wool woolnow woolnow now on hand is being rapidly absorbedby absorbedby absorbed absorbedhv I by hv the Hit * mllls mills mills and flnrl , as as .a a . .1 1 . consequence r'nr'ccnnpn/'p r'nr'ccnnpn rnrccnnpn 'p p ' ' . ' / ' , the t ft 1933 cl1p clip cup will Wlll go into bare warehouses warehouses(3) warehouses3 , (3) 3 ( ) the exclusion excluslOn of foreign v . wools 0015 , similar smular to the domestic clips cl1ps , by thehigh the thehigh thehigh high tariff , and (4) 4 ( ) an upturn in theI thepnce theprice the I price pnce curve on the Boston marketI marketSales marketSales market marketSales I Sales on new clips have been scat- scat scatI scattered scattered scat scattered - I tered throughout the southwest A Afew Afew I II Ifew few 'growers growers .growers ' . in southern Utah have havereceIved havereceived havereceived I receIved offers of around 8 1-2 1 2 - to 10 10cents 10cents 10cents cents a pound in m the grease , or about about31 31 to 35 15 cents clean f fob o b Boston Bostonwhile , whIle comparable foreign wools landed landedthere landedthere landedthere there duty ' paid 'PaId . would v.ould vould cost not less lessthan lessthan lessthan than 55 cents a pound clean The Thetanff Thetariff Thetariff tanff tariff wall v . aU puts a 1190-cent 1190 cent 11 gO-cent gO cent - duty onwool on on001 onwool \\001 001 wool \ in the grease and about a 34-cent 34 cent 34centduty 34centduty 34-centduty 34 centduty - duty on a clean pound The United UnitedSt1tes UnitedStates UnitedStates St1tes States . ' consumes more v . wool 001 than sheproduces she sheproduces I Iproduces produces and has for yeais yeals years InfOlma- InfOlma Informa- Informa InfOlmatIOn Infoima-tion Infoima tion Information - tIOn gatheied gat1eled gathered ; ! from all somces SOUlces soiuces indi indl- indl indi- indlcates indicates indicates - cates that the 1933 clip cl1p will Wlll fall below belowthat belowthat belowthat that of the ipasfc Ipast past few years , limiting lhmtmg the theI thesupply thesupply thesupply I supply of domestic new wool |