| Show SOW of WOOL I 1 ION clash on between the jobber and clothing in 9 man GROWER IN THE MEANTIME HOLDING THE SACK while wool is generally almost as stable as flour yet occasionally there la ib a slump in the market and the bottom drops out of things and that ia is the present condition throughout the united states according to W C snow a prominent woolman of manti aland and well known throughout eastern utah there is practically no wool mar ket efa right now because of a clash now on between the jobbers and clothing men says snow all the utah wools not contracted for last fall are being shipped into chicago and boston on consignment this consignment wool will cost the wool growers aiom three to three and a quarter cents a pound which includes freight to the warehouses commission and six months storage the consignment men advance these preliminary costs to the ers but it of course eventually comes out of their price of the wool last fall probably from eight million to nine million pounds of utah wools were sold sod at from eighteen cents to twenty two cents that would represent close to tp two tao million dollars paid into the pockets of utah sheep men on last falls sales alone the variation in price was due to ane quality of the wool the northern utah wools were longer and of a finer quality the southern wools rather short and not quite up to the wool of the north wintering conditions may have had 10 something me to do with that none of the utah wool is up to its usual high standard however there is an immense amount of consignment wool now either stored in chicago and anti boston or on the way or about to be shipped this ia is placed in safely constructed warehouses nude mede for the purpose and is of course fully covered by insurance there will probably b bi from six million to eight million pounds of this utah consignment wool in those two cities within a short te representing another big sum of nearly two million dollars the caubo of the wool ool slump is because of a widespread clashing of interests between the new york jobbers and the people who control the clothing trade of the world N orld the jobbers jobber are a asking certain prices price to their worsted goods gomis which the clothing interests think should be old sold cheaper on account of high priced living conditions the jobber refuse to make concessions so the clothing dealers have lime dropped the worsted orsted goods and taken up what halare are called wool goods bitin bajt in reality contain not nearly so much wool as the worsted orsted this apparent boycott of the worsted goods I 1 stand has already caused some failures of woolen golen mills in in massachusetts 11 |
