Ogden Standard-Examiner | 1920-06-11 | Page 8 | Hide and Wool Prices Falling to Low Level

HIDE AND WOOL PRICES FALLING TO LOW LEVEL OKLAHOMA CITY, Okla., June 10. Hide dealers hero declare the bottom bot-tom has fallen out of the hide and wool markets. Green salted hides which two weeks ago were selling for eighteen cents a pound have dropped to twelve, N. B. LaBryer, manager of a well-established hide company here, says the price will go as low as ten cents, adding that the same condition exists ex-ists in all the markets of tho country. coun-try. The wool market shows an even worse state of demoralization, according ac-cording to Mr. LaBryer. Wool which a year ago ranged from fifty to fifty-five fifty-five cents a pound now is virtually impossible to get twenty-flvo cents for, he states. The demand for wool is so slight, he said, that no dealers are "making purchases except -where they get an opportunity to buy at such low prices that they are willing to take a chance. A recent attempt of the Wool Gruw- ers' association to hold a wool sale at Enid, was called off because there I were ho buyers.