OCR Text |
Show oo WOOL WAREHOUSE IN OGDEN. At the la6t meeting of the wool-growers, wool-growers, held in Salt Lake, the question ques-tion ot establishing a wool warehouse ivaa brought up and a committee vas named to consider tho matter. On this same subject the Salt Lako Tribune says: One of Utah's needs is a wool warehouse, ware-house, and some ot our enterprising capitalists should Bee that it is provided. pro-vided. It Is a facility that the wool men. especially those who have large quantises of wool for disposal, have greatly desired. Hitherto they have been at the mercy of brokers and speculators in Chicago and other eastern east-ern cities. Although they have felt the need of a warehouse, they have neglected to provide one at home and thus save themselves time, trouble and money. The Chicago brokers prepay the freight on big shipments of wool from this rr,ion. and not only charge a commission for selling the wool, but a heavy rate of interest on the freight advances, If a wool warehouse were establlebed here the wool men would have a much firmer control over their business They should be able to avoid oxtortlonate charges and to sell on better terms, because then they would be measurably more independent independ-ent of the broker and the speculator than at present. There are those who say the Ogden woolgrowers, present at the Sail Lake meeting, overlooked a great opportunity op-portunity when they failed to present Ogdon rs the logical point for a wool warehouse and allowed the decision as to whero the storage house should be established to rest with men in no way identified with Ogden interests. inter-ests. Two-thirds of the flocks of northern Utah nnd the country bordering on this part of tho state are owned by reslden's of Ogden, who should exert their influence to have the warehouse in thiB city. |