Deseret Evening News | 1909-12-31 | Page 5 | Wool Warehouse Reviewed

WOOL WAREHOUSE REVIEWED R Boston oston Wool w Sav Says I Project Is Sure of Success Tho The Annual Wool Review published In n Boston gives quite a 1 little le space to o a review of or the Chicago Wool ware waro warehouse house In the course of the review the publication s says i s This Is the outgrowth of or discontent among some of or the he western men over 01 what hat they allege to bo be the arbitrary arbitral and exacting methods of oC eastern wool buyers In 1908 a Il much smaller ware warehouse warehouse house louse was vas erected at Omaha Omalia through the he efforts of oC the Utah and W Wyoming growers but this house received 1 only one ono or two million pounds of oC wool So small a quantity withdrawn from tho the sale for Cor storage could scarcely have hao had md an Important effect on the tho gen general general general eral Improvement of or prices In tho the Australian as well as in the American markets market But that the Oma Omaha Omaha ha la warehouse had reasonably suc sue succeeded succeeded many active powerful western wool ool men under the tho lead Iud of oC the officers of ot the National association lon tion organized a very much more am ambitious movement on the cooperative plan lan to create creato a Il great grent storage ware warehouse warehouse house at a central and accessible western west western ern rn point where wool could be bo gather guther gathered ed held and sold either cither direct to manufacturers or bv by b auction after aCter the of or the London Lon on sales bales It Is Isoo too oo early yet jet to ascertain the exact effect of or this Interesting western under undertaking undertaking taking on the wool business of Amer America AmerIca Ica ca Those Tho je ns western estern who have lave organized the company are arc cap cab capable capable able and wealthy men and they the are very ery much In earnest believe bellevo that hat the new warehouse still will enable them hem to market their wool with Ith a bet bot bottel better tel ter cr understanding un of or actual values alues and will till arm them with the resources to defeat the efforts of am nay an possible com combination combination of or wool buying Interests Be Beef ef that such uch a combination Is some attempted Is quite general throughout the grazing states of oC the west vest The Tho western people have long Jong complained that they were separated b by y too great groat a distance from Cram the tho wool manufacturing sections of the east cast and nd that this distance and their re rc remote remoteness mote ess laid the he under an heavy hea disadvantage