Show CENT WOOL plan to store pounds in boston having good effect it begins to look as if the utah wool growers will win vin in their fight against the eastern buyers bers the news comes from boston that sufficient money ca can be raised in that city alone to provid provider for the storing of the entire clip which will amount to at least P pounds if the owners can hold out f fott 0 a few months they certainly will b ba J able to boost the price to Bo so methin like reasonable figures though they may not succeed in selling for as much as they did last year the buyers aro re already on the anxious ineat and the state is rapidly filling up with their representatives presenta tives the sheep men are aron not oteo so easily frightened at a the pessimistic talk of the bu i ers era aa might be expected they know that the wool of the country h A a valuable asset woolen goods good are alwa always s in demand and this demand calls for the moving of machinery all over tho the country to store the wool of the west means idle woolen mills sooner or later demand calla for supply the boston banks have offered 60 per cent of the market price and ware houses can be obtained for 6 per cent of the value of consignment stored telegrams have been sent bent out to every corral in the state making asking what wool each will contribute to the storage plan and from the answers received ived it is al most an assured fact that nearly every pound of utah wool will ill be sent to boston for storage an 18 cent market and perhaps better is looked for say the wool men who are enthusiastic over recent developments in a abol condition not experienced before anten years men interested in this fight for better prices were much pleased with an article in the omaha bee a few days ago omaha capitalists are conferring with western wool growers in an effort to get the latter to store their product in omaha the scheme has haa met with great favor there the banks having announced their ability and willingness to loan any amount of money necessary for warehouse certificates omaha has agreed with the growers that it would be foolish to accept may or june prices when storing until fall will bring almost twice as much omaha is 13 figured as aa the central point for the west and as 68 per cent of the united states entire sheep is raised west of the missouri river nver the west should be able to dictate in wool and mutton matters evidently it intends to do so from this time on A significant feature is fis the fact that utah has been in the lead in developments despite the fact that so BO many efforts are being made to buy the present clip the reports from the east are not so BO rosy prices bhoj steady downward tendencies says the textile manu facture rs journal this journal is extremely pessimistic for it continues dealers have given up attempts to predict where the bottom of the market is ia to be found dispatches from new york say demand has been an unknown quantity in foreign markets during the laiq last few days Top makers and spinners find little in the situation cheering the low point bleached leached just before the last london sales closed are beinar approached pro ached again by crossbred cross bred tops medium coarse crossbred cross bred and me are still lower sales of the foreign woods in domestic markets have dropped nearly out of sight and the coming london auctions ructions are expected to show the effects of the tha general weakness from another source comes the explanation that the general softness of seaboard markets is causing dealers to move with utmost caution talk of tariff revision after election has a big part in creating distrust as under present conditions a risk is a risk is the opinion voiced by some concerned A report from new york says it appears more certain than ever that the great bulk of the new clip wools will be consigned and at prices 25 to 30 per cent below those advanced a year ago |