Salt Lake Herald-Republican | 1915-04-11 | Page 2 | Warehouse Company to Start New Plan

WAREHOUSE COMPANY TO START NEW PLAN PA Will wm Have Men at Shearing hearing Corrals to Offer Storage Facilities Facilities Fa Fa- Fa- Fa duties for Wool With the announced object of oc protecting pro pro- the Utah In every way Yay possible and of or aiding them In se securing so- so curing tho the highest possible price for their seasons season's and at the amo same time to promote a n more more systematic method of or and handling tin tho clips n agents of or the tho National Nl Wool woo Warehouse 6 8 Stora Storage o company will beat be beat beat at hand at ut every shearing pen In the state this spring to grade the woo wool and multo malco advance ad on the clip cUp This system of or carIng for tho the din clip never has been instituted In tho the state stale before andIn andin and andIn In tho the opinion of or G George or c Austin president president president dent of ot tho the Utah Wo l association atlon mu may brine the tho Utah an nn additional at nt least as tho the wool wilt will be purchased d at a clean In Boston Tho The announcement was as Wa made mule at a aa a meeting between Mr loll Austin C. C B. B Stewart anti and J J. J D. D MaUi HaUl day president of or the tho National Wool Warehouse Storage company who arrived arrived ar ar- arrived ar- ar rived In Salt lee Lake yesterday and who Is to be toll followed owed In a tow few days by other officers of oC the warehouse com corn pany or Of the tho system to bo be employed the warehouse company has the tho following ln statement to be Issued P I 3 mo i WOOl Iv OUI iv tic Storage company advises that underlying ing Ins market conditions a as I to Intrinsic lc wool values value remain unchanged As A. a op cO-op operative co-operative e h growers gowers company It proposes proposes pro pro- poses to old aid id In steadying market va values fro ues In the tho range country Its representative J. J D. D president arrived In Salt Lake lleo yesterday yesterday yester yester- day and others are an expected In Utah shortly to attend the shearing corrals throughout the state examining clips cUps a as they are shorn advising values to owners leaving tho selling to local buyers matter of Judgment or dlf disposition tion of or owner 5 J However In the event of disposition of buyers to bear the local 1 situation the warehouse company will tender ad advances advances nd- nd vances on a a. basis of at CO GO cents clean in Chicago Ro or Boston at teh tab rat rate rate- of ot 6 per percent i c cent t per por annum This Thle basis of or advance ad will represent R a I. I range ranKO of or 13 to 20 cents per pound In tho the grease re e to tho the owner at his shipping point The warehouse company also Iso an announces announces an- an flounces that It will acc accept pt wool from and ancI handle handlo It at a rate of or i t cents a n pound In advance ad of ot the I rate rato paid b bv by stockholders Mr Halliday says that while business conditions In Chicago and antI other eastern eastern east east- em ern business centers have avo b been en greatly depressed ld and far tar below the tho normal during the winter there i is 18 no now some Improvement and money I is enGler Although oh the people have havo had a prett pretty pret pret- t ty hard winter they thoy have e kept rather quiet and hoped for tor t trio the o best to come he said