| Show wool outlook for 1032 1930 to be greatly improved with one of the moat most difficult dittl cult marketing year years in history be behind tind it during which rk tremendous tuk was accomplished ho lie national wool marketing corporation looks forward to 1032 convinced c ri vinced that the trend of events in the coming year will favor more active alv wool market ket at firm to better prices price that la Is the opinion of J oryon bryon wilson mckinley wyoming general mana manager er of the wool maket tag ing agency tor for 40 wool growers of the united states as the cooperative e op begins activity to await arrival ot of an anticipated large 1032 clip from the thousands of producers thorough Tho rho rugh 1931 darkest yew year of a worldwide world wide depression when every ery commodity took price declines wool held its own wilson dald wool was one nt of the tho few commodo lee ties to show im a increase in consumption ion during the unsettled year the increase c caie itne durin during retrenchment trench ment periods of production labor labo difficulties and general activity t during this period the marketing agency tor for the 40 wool growers waa was outstanding aa i factor in keeping market levels 0 on a their proper plane wilson said kald I 1 our policy polley ot of never selling below cur rent price levels and that of rejecting bids belo a fair price did much to keep wool on an its proper r level at the same time we urged independent dealers not to bell their wool when efforts were made by large consumers to force the mar ket down this resistance resla tanco to lower brought us respect from buyers and as the year ended it left the growers cooperative with more strength than ever these factors clearly demonstrate demon strat ed to wool grower growers and buyer buyers that the national Is the leader of wool marketing no attempt to create a false price was made and the cooperative ci did not make efforts to dictate in which the price should be except to refuse to dispose of its niem members bera clips at a sst sacrifice to I 1 make a sale recognition of what the national has done during these past uncertain ce and trying days was accorded the brower Rr ower cooperative by tho boston transcript wool authority but hority in its issue of pf december 17 when that paper said the national cooperative or artl tl which I 1 Is tb tho largest holder of unsold wool la is quoting prices slightly above the market average and shows little hesitation alpar antly in turning down low bids some hesitation if not riot uncertainty Is usual in the closing month 0 of the year but sentiment Is actually more cheerful now than a year ago 1 1 market conditions tor for ancl should improve during 1932 for many ninny reasons mr wilson believes these include consumption curtailed production because of smaller cany over of liepp and a constantly growing grow ing demand to wool large replacement needs by mills now operating ith deplete depleted d stocks on a hand to mouth buying polica also will bring about heavier buying tor for the first ten months of 1931 the united states consumed 63 million pounds more wool than in the same period of 1930 1 mr wll wil son said these figures which are e exclusive of imported carpet coola coola clearly indicate that the nation has returned to wool and fiat that general betterment Is to in store to f the long suffering wool industry style trends brought wool into the spotlight a year ago and the steady demand tor for lighter woolens and worsteds has grown ao to trone ly that wool cannot be e easily ily replaced or removed from 1 a now wool minded buying public the national has cooperated with au all branches of the hoot mool industry in conducting wool promotion and an sa education campaign to boost WOOL in the fall of 1031 1931 our alon took the lead in sponsor sponsoring trig national wool week when 25 ODO worth of woollen and worsted to fai brics were ere sold the present popularity laHty of wool the sterling of nil all fabrics makes it U obvious that wool will be the stand ard bearer of dominating style trends for 1933 1032 and tor for many years to come with thia this demand increasing wool consumption will continue bi in proportion and the supply for this year should bring better prices I 1 consumption on all au grades of domestic wool except low quarter blood was greater in the first nine months of 1031 than for the same period a year ago his Is especially true of three chree eighths blood wool glitch experienced a run from the mills when it was learned that the supply was low the thie indrea tod demand for three eighths wool also helped stimulate demand for other medium grades consumption Con by grades hi fit the united states for the first nine months of 1931 and for 1930 chow show cd ed that pounds of three eighth wool on was used compared to 32 DOO pounds for the same period in 1930 pounds of fine combing or pounds more than tor for nine months a year ago the united states consumed 56 DOO pounds of halt half blood wool or 16 DOO pounds more than tt u first three quarters of the year 1930 world wool product pro ducton lon for the entire year of 1931 was tour four percent above that of 1930 totaling S 2 pounds figures on the entire year years consumption bre let available but for the first ten months of 1931 world consumption was estimated to be 20 per cent ir reater than in 1930 in the first ten months of 1911 the un ie te states hi had hid d c consumed 2 of aro wool ol exclusive of carpet carnet wool this compares to OW pounds for the fame same period e year AKO united states production for 1931 1031 la is pounds or 28 pounds more than a 86 year a ago it la Is interesting to note that the course of wool consumption domestic us as ablat ed to foreign has risen steadily show the lack ot of for tor for eign wools consumption of domestic w wool in 1931 was 23 28 per cent larger t than han the average for the past five vean while consumption 0 foreign wool woul for the same perl period 0 d was 20 per cent less as indicated blow b low domes for tic den eign 1020 1920 IDO 1837 1927 92 2 1928 83 07 97 1830 1930 CO go 1831 1931 estimate 60 five year average 86 since dauage of the lordney mc cumber bill in 1823 1922 index figures based upon 1920 ot of domestic and foreign tj include ing carpet wools at i in each case show the upward trend in domestic wool at the same time they with all of these factors in our favor enough to disco discount urit the ex lasting economic d with which we are all famil famular lax the national wool marketing corporation and its 40 grower m bembera e abers look forward to the new year yea r with brighter hopes thau than in the past SALT LAKE CITY salt lake zoological society approved bond issue to raise funds with I 1 which to purchase materials for additional construction at hogle park |
