Show JER ICHO WOOL L CLIP IS SOLD SOLO UTAH'S BIG HOLDINGS CHANGE OWNERSHIP AT 34 2 CENTS A POUND Rumor Of Storage To Wait For High er Prices Proves Without Basis 1926 Clip Still Below The 1925 Production Salt SaIt Lake Cit City Utah's Utah's famous wool clip cUp the Jerico said to be the largest pool 1 of high grade high grade wools in tho the United States was sold sollI Monday to the B. B Harris Wool company compan for 34 cents It was announced by Marcus Harris vice president of the purchasing company company com com- pany who ho negotiated tho the deal with the committee representing the Fountain Fountain Foun Faun tain Green This sale salo was unexpected for just a few days das ago word was passed passe around in Salt Lake Lako wool circles that Jericho w was s planning to ship to Salt Lake and store anticipating anticipating antici antici- a market marret above that existing now At one time it was said Jericho was contemplating holding for 40 cents The 1926 Jericho clip Is expected to amount to approximately Ibs lbs This is but an estin esti ite tte te for about seven days days' shearing remain before the men at the Jericho corral Opinions Opinions ions of wool specialists is that the Jericho clip cUp this year Is one of the best ever assembled by tho the Fountain Green It is in good condition condition con con- of fine texture and of the choices staple At pounds the 1926 Jericho is somewhat below that of the 1925 clip cUp Last year ear the Jericho pool rejected re reo jetted all contract offers prior to shearing and elected to store in Salt SaIt Lake At the time of sale which was late in the seaS season D the clip amounted to approximately pounds Each year ear of the range states and the trade at Boston watch with i Interest developments at the Jericho corral for that clip is one of tho the key aggregations of choice wools that work toward establishing a domestic market figure Salt of the Jericho means that approximately approximately ap ap- ap- ap proximately 50 per cent of this years year's Utah clip has passed from the hands of the producer For the most part the price has been around 35 cents The Vernal and arid Uintah basin wools were the first to go bringing 34 h cents for the tho bulk and 35 cents for forthe forthe forthe the finer grade The transactions in inthe inthe inthe the Uintah basin opened the spring b buying ying activity and spotted buying followed in all sections of the state |