Show WOOL GROWERS EXPECT prosperity primin IN COMING YEAR a with one of tho the most difficult years in history behind it during which a tremendous task was accomplished complis hed the national wool marketing corporation looks forward to I 1 QS a 2 convinced that tho the trend of events in the coming year will favor a more active wool market at firm to betler prices that la Is the opinion of J byron allson Mc mckinder Kinler wyoming general manager of the wool marketing agency for wool growers of the united states as the cooperative begins activity to awalt await arrival ot of an anticipated large 1932 1931 clip from the thousands of producers produce ia through 1931 darkest year of a worldwide world wide depression when nhen every commodity took price declines bool held its own wilson said wool was ws one of the few commodities to show an increase in consumption during the unsettled year the increase crea so ca came me during retrenchment periods of production labor difficulties I 1 and general I 1 inactivity during this period the marketing agency tor for the wool growers was outstanding as a factor in keeping market levels on their proper plane wilson said our policy of never mover selling below current price levels and that of rejecting bids below a fair price did much to keep wool on 0 n its proper level at the same time we urged independent deakers not to sell their wool when efforts were 6 made by large consumers to force the market down this to lower prices brought us respect from buyers and as the yew ended at it left alio llio growers co operative with more strength than ever these factors clearly demonstrated to wool growers and buyers that the national Is the leader of wool marketing no attempt to create a false price was made and the cooperative did nol nim malce efforts to dictate which the price should be except to refuse to dispose of its members clips at a sacrifice to make a stile sale recognition of what the national has dine during these past uncertain and trying days day was accorded the growers cooperative by the boston issue of december 17 when that paper said the national cooperative which la Is the largest holder bolder of unsold wool Is quoting prices slightly above the market average and shows little hesitation apparently in turning down low bids some hesitation if not mot Is usual in the continued to back page WOUL WOOL EXPECT PROS IN COMING YEAR 0 continued from page one closing mouth month of the year but sentiment la Is actually more cheerful now than a year ago marketing conditions for wool should improve during 1932 for many man y reasons mr wilson believes these include increased consumption curtailed production because ot of smaller carryover carry over of sheep sheea and a constantly growing demand for WOOL large re placements needs by mills now operating erat 6 on a hafi to tf mouth buying policy also alua air about heavier buying for the first ton ten abat V i the united states stat con cords sumedh a lion pound more wool than same ame s period of 1930 11 mr at ais on gal these figures which are exalus exclusive ay iy e of imported carpet wools clearly cle arly indicate that the nation has returned ito to wool and that that general betterment 13 a in store for the long suffering wool j industry stylo trends brought wool into the spotlight a year ago and he steady demand for lighter woolens wool and worsteds worst eds has grown so a 0 0 stron a t r ron aate that th at wool cannot be easily revia or removed from a now w wool min e buying public the tha national baa X wel 1 cooperated with all branches othe wool industry in conducting we 01 motion and an education campaign to boost wool in the fall 0 ign 1831 our organization took ilio 1 jodd Joad jn in sponsoring nationals national Nati onali Woof Week when worth of w worsted fabrics were sold solda sol dj iho the present popular popularity adf ar wooi 0 the sterling of all fabrics obvious that wool will be the stand ard bearer of dominating style trends for 1932 and tor for many y years ears lo 10 to come with this demand increasing wool consumption will continue contin lie in proportion and the supply for this year should bring better prices consumption on all grades of domestic wool except low iov quarter blood was greater in the first nine months of 1931 than for the same period a year ago this Is especially true of three eights blood wool woo 11 I 1 which experienced a run from mills when it was learned that the supply was low the increased demand for three eights wool also helped stimulate demand for other medium grades consumption by grades in the united states for the first nine months of 1931 and tor for 1930 showed that 01 pounds of three eights wool was used compared to pounds tor for the same period in 1930 pounds of tine fine combing or loudd poun d more than tor for nine month a year aso ago the united states consumed pounds of half blood wool or pounds more than the first three quarters of the year 1930 IV horld orld wool production for the on tire year ot of 1931 was four per cent above that ot of 1930 totaling pounds figures on the entire years ara consumption are not yet a available va il but for the ten months of 1931 world consumption cons emption was waa estimated to be 20 per cent greater than A I 1 in ti the he f first ir at ton months of 1931 tho states had consumed 11 anda pounds 0 X ot of carpet WOOL this C ocindo or th P berj 1 i od a yea aeo T estimated baat brodu tion f r D 33 ps 0 O i p nor th V ja t ki i ya ty ago JAA ya y it ia berun ne rUn 0 jo o dokei noth chat nt yie he c bouwe au oe ot atol 01 ol oja 6 as a 0 fo 0 oa 7 a ed sada stead aa tl ass ao 0 ball in n 1 I in poll 19 ab nb domes amest c and I 1 for 1 in g carpet wools woofs at 0 in n edeli each case a show the trend la domestic I 1 wool we at thestine thet the saine time they show the laik lak ot of demand for foreign woo wools 18 consumption of domestic wool in 1931 was 28 per cent larg larger er than the iho average fr the past five years while consumption of foreign wool tor for the same period was 26 per cent less as indicated below 1928 1920 Dome domestic sUc foreign 1927 D F 92 1928 D M F 82 1929 D F 97 1930 F 60 COA W 1931 estimate D fa five year average D 1 22 r F ag with all of these theseL factors in our favor enough to discount the existing economic discouragements discourage ments gitil with which we are all familiar the Nati national ort wool marketing curp co corporation oration and its grower members look forward to the new year with brighter hopes than in the past |