| Show WOOL POOL REACHES REACHE HALF MILLION ILLION ai POUNDS the statewide wool pool organized by the utah state farm bureau and utah wool growers inc lim has reached the proportions ot of an etsal lashed dished institution in the marketing field tills this Is the announcement of D D mckay chairman of the marketing committee in reporting that thai approximately a halt half million pounds of wool have now been placed in tile the pool and additional shipments ari are being made daily some of 0 the consignments consign ments have reached the warehouse and growers have already received an advance on their warehouse receipts according to A W macarthur fiscal agent or the committee with approximately fourteen carloads of wool in the pool june 1 members of 0 the committee believe that this amount will be more than doubled before the enc of the month there has been a relatively lat ively small movement of 0 1921 wool compared to the total clip while shearing is still in progress in some sections of the state following a recent trip through gli summit county mr mckay said there probably would be tour four or five cars care of wool from that locality for pooling one of the largest clips to be bc placed ed in the marketing pool w was as a crop of 0 fine wool from the northern section ot of the state on which the grower desired no advance according to the tha committee chairman tills grower said he recognized inthe in the plan the best method of marketing in ar wool with prospects of the most advantageous vant ageous result to the producer growers who place their wool it in the marketing pool are receiving z a temporary advance to tide them oer until the wool reaches rea cihos the warehouse said mr mcbay the advance based on their warehouse receipt is from eight to lo twelve cents per p pound aund from which is deducted the preliminary advance in case such auch temporary loan was secured the freight charges and costs ot of handl lue inc 9 rading grading storing nr and insurance are carried without expense to tile the grower until such time lime its ils the wool is sold olt reports continue to come iu in of sales from eastern wool pools at prices considerably in advance of 0 the open market price offered growers in utah va under dite date of 0 inlay ma the michigan state farm bureau reports a bale of 0 flO cipf short staple fine wool al 23 cents and 20 vents cents tor fr half blood clothing the sale being made diz act to an eastern mill it is s contended thai these thesa wools on oil the obea market would not have netted ahr more than 12 cents members ot of the mal mai committee feel that as soon as file quantity of utah wool har ha i 1 reached a point sufficient to antera inters at t large arge mill buers bin irs early s fi s will 1 it e k from the tha pool during the p at a st few days daya according to me members abers j 0 or o the tha com i bici several rower b in n e ibber 1 ii 11 iho have its it ned n t beir be cf ci are v to market their wool ahr ahn I 1 ug agn 1 a the utah pool i i L |
