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Show Sheep 'en-to 'en en to " ' Men - to " ' Get Advance AdvanceOnWwIbyUS ! p W " n n0o o W Wol 0o ol biUS Y . - Fifty PU'ty PUty ' Million Millionn Dollarto Dollar DoUar I'1mcI I1mcI ' I'1mcIto TUBAI to Be B Used UsecL Use , to Sta.bUtse StabUtse StablltzOr Sta.bUtseWool StablltzOrWool rttabillxWool . * Wool Pricw Prices . Mftytmnmof lIo.xJmumor Maxfmnmof lIo.xJmum lIoxJmum Maxfmnm . or of 18c 180 V8c to Be Loaned . . WASlJItNO'I'ON-The WASlJItNO'I'ON WASlJItNOION The 3rNo'rO'lute WA WAi-nCTNOTON WAi nCTNOTON 3rNo'rO 3rNorO - ' ' - The -'lute 'lute lute - ' uo.ooo.ooct uoooo.ooct uooooooct d0,000,0OQ d00000OQ uo.ooo.ooctwool . $ W.OOO.OWwool WOOO.OWwool WOOOOWwool d0,000,0OQwoo . , . , wool woo ] loan prognun profp'8In profp8In program ' announced sat- sat Eat- Eat Eattwday saturdN Satur . - * - * urdN twday < ay ' T by tht the Commodity Commodit.y . , cred1 Credit Creditcorparaon Q dt6corporation ' corpor corparaon t1on , , . . which .m1ch m1ch Insures tnsure $ loans too11 Iran $ . to towPbtern toWatwn wPbtern tfn\ tfn \ tfngrowers crowrs growers of from trotn If 17 1 " 1-3 1 3 1-:1 :1 1-a a - : to to11 18 cents tents Centa a _ a . pound In the th greaxe grease gfease . , Ia . Iaplan tepiftnncd planned and expected to prQtect protect protectdom prQtectdOUlfG'Uo protectdtnri plan planand dOUlfG'Uo dOUlfGUo dtnri ' tto crowns growers ayainst agatnat against what Is IA IAflow Isnow lanow now flow an abnormally l nonnally depressed depreased mar I ar- ar mar- - arketo market market - keto ketoand ket . , and to guarantee aomet.b.1n aometb.1n aometb1n aomeudng aomeudnglike aonethincliice . < ' 11ke like a fair price on their ItU 1938 1038 WOOlcJJp wttolc11 wool wttol cyp cJJp . . c11 Thus / , . ' "Thls Thls Thl " loan loan , , said 8I d P J ' ft R MarabaU Maeshali WaisbftUOf Maeshaliof of f Salt Lake City secretary of tbo the UrNational Nt.ttonal Ntttonal National tboNt.ttonal theNational . Wool Woo ] 01 0t Glowers o owers ' a.ssocat- a.ssocat a.ssocattton assoc . &scocia scocia &scociatlon & ! - e < -tlon tlon - . tton ton , ) , who has been In Washingtonnegotiating WaablngtoQ Washington WaablngtoQnegotiating Washingtonnegotiatlnr negotiating for wool loans atnce since : atncethe sincethe sinc sincthe the middle mlddJe of or February " . is quite quitesatisfactory quitesatisfactory quitsatisfactory * satisfactory to our own croup group It Is la Isnot lanot tonot not a high loan Joan although It ap- ap approximates ap approximate - - proximate prox1matee proximates approx1matee * 75 7 per cent of the pre- pre - prewar prewar pre-war pre war - war parity panty pst1ty price.It price'R price ' 'It It .It 'R R ' . will wUl put a bottom In the woolmarket wool woolmarket woolmarket market and we w feel connd confident conildent nt that thatwithin thatwithin thatwithin within a year or two wool will w1Jl be beselUng beselling te tesellinc sellinc selUng selling at a substantially sub3tantlaUy highertifiaWf higher firure figure higherfirure higherfigure * firureWC'IOI figureWool WC'IOI WCIOI Wool ' e \ RIen l\ten l ten Men FortunateThe FortunateThe Fortunate The wool group la 1 as & fortunate In Inbeing inbeing Inbeing being the first tirst to obtain CommodIty Commod Commod- Commodity Commodity - ity Credit corporation loans under underthe underthe underthe the recently er exacted acted enacted farm farm fann but bin bllL- bllL . - . " Mr Marshall said that throtqrh through throufh.a throufha throtqrha througha , . a long cries serie8 series of ot conferences In lit Inwhich litwhich inwhich which the growers had . the sympa.t1etlc sympatltettc aym- aym sym- sym aympathetic - . . pathetic pa.t1\etlc pa.t1etlc pa.t1 pat1 etlc patltettc \ : support of Senator Senatora Senators * Wil- Wil Will1am WIl11am Wil William - liam l1am 11am H King and Elbert D Thom Thom- Thomas - as of or Utah Joseph JOOeph ! C 0 0 OMahoneyof Mahoney Mahoneyor Mahoneyof or of Wyoming Representative AI Abe > AbeMurdoch1 Ab AbMurdocl Murdocl MurdocJ Murdoch1 . . . and others the crecI1t credit crecI1tcorporation creditcorporation creditcorporation corporation recoinlzed recognized that be- be - because because be-cause be cause - - cause of the unusual condit1ona conditlons condit1onanow conditlonsnow conditionnow * now existing in the wool market marketmany marketmany marketmany many crowere growers might mlght be forced tG to tGsell tosell tafiell sell at unreasonably low pr1ce prkxe price.With priceWith & * . With that In mind the corporation corpcratlon corporationworked corpcratlonworked corporationworked worked out the plan J just t annquiAC- annquiAC annquiACde annQlU\ annQlU annQlUde sumounc-deUU sumounc deUU \ - de 1938 1838 CUn CUp Clip DetailsIn Details DetaJl In th the Immediate bnmediat.e bnmediate . future tuture will w11l develop de- de develop de develop - - velop and announce delaUc deta1Ja details for t tt tie tk tkhandling tthandling tiehandling handling of the tlv 1939 1938 wool clip The Thegrowers Thegrowers Th Thgrowera growera growers were asked to auec suggest t kfew a . afew rew few concentration ooncentn.tlon ooncentntlon eoncentratlon . point points * at which whichwool whichwool whichwool wool creditloans covered by commodity credit creditloans loans , might be ee stored .stored . st ed . For the thewestnn thewestern th thwestern western westnn area they & suggested sune&ted suneted Olden Ogden Olden8J1d Ogdenad 0denand ( 8J1d ad Denver at which whJch polnto points ade- ade adequate adequato ade adequate - quate quato warehouse facllltlaa facWttea facilities are > areavailable are-available are available - available At both point points * Merrtan- Merrtan Merrln- Merrln MerrtanWWtIns MerrlnWWtans Merrion-Wilkins Merrion Wilkins - Of-den Of den Otrden Ogden WWtIns WWtans hav have warehouses At Otr- Otr Og- Og - den they can store tor * 13 12 to 1ft 15 18 m1UJon minion . minionpounds mllllen.pound mllllenpound . pounds * of or wool and an 1 < at DenTer Denves Denver ' 18 18mlU10n 18million ! million mlU10n pound pounds * Hueeell Russell HueeellWlldn -Wlldn Wlldn W11t1na Wilkins - * of ' ofOgden fOtdcn Wa&hln8tonduring Ogden has ha been In Wa&hln8ton Wahln8ton Washtn vra & hln toaduring tort tortduring during the wool loan negotiations negotiationsand . , . and announces that hi his firm finn la Is pre pre- . prepared pre prepared - pared to handle handl loan-bearing loan bearing - woc > wool woolJust wo l lJust lJust Just as soon as M plan of adminlstratlon adminis a.d.mJn1s- ad.mJn1s a.d.mJn1s admJn1s adminls- adminls . a.d.mJn1straUon administration - tration traUon tratlon has been announced Og Qg-den Qg den - _ . den It is I planned shall be the th cn- cn cncentratlon COla COB-centratlon COB centratlon - . centratlon point for wool wools * Brown grown groan In InUtah InUtah InUtah Utah Idaho Nevada western Wyo Wyo- Wyoming Wyoming Wyoming . - - ming and western Montana and- and andOonUnued an andContinued - & ( OonUnued Continued on pay page five ) STIFF SItFrP JFFP [ ! 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