OCR Text |
Show THE PRICE OF WOOL INTEREST of financiers centers at present upon the prevailing and probable price at which this year's clip of wool is going to be sold. The price of wool is the index to the degree of prosperity or the reverse that will prevail in this district of the country during the ensuing year. Wool is King here, and all eyes and ears are open for information that will show the trend of prices on this commodity. Buyers arc in evidence, but are just a little wary. They arc picking up the choice clips here and there at prices ranging around 60c. pcr pound, but do not appear to be in any sweat about taking in everything offered at this price or even a little less. Most of the sheep men are expecting more money than this for their wool, but some pretty shrewd flockmastcrs appear ap-pear to be willing to "let well enough alone" and have accepted the early offer. Charles Lundgren, Albert Lundcll and Oscar Larson are of this class, and accepted an offer of 60c. per pound flat for their clips the first of this week. The purchaser was Chas. J. Webb & Company. The B. Harris Wool Company also has a man in southern Utah figuring on the various var-ious clips which are being shorn in the Dixie country, but at last accounts had oought none. It is learned, also, that Webb & Company withdrew all offers after af-ter the purchase above referred to. , ' There appears to be no immediate cause for a-larm a-larm over the wool market condition, but the sheep man always feels easier when he has put his cheqk through the bank for a satisfactory price for his woo . And the rest of us feel better, too. (lm |