The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-04-22
THINGS
FOR SHEEPMEN
Wool Exchange at Chicago Pro-
posed on Warehouse Basis.
MORE MONEY IN LAMBS
VISITING LIVESTOCK DEALERS
CONFER WITH UTAH GROWERS.

4 PROJECT whereby the Utah wool
/ 4 growers. in common with the
fockmasters of the mountain and
western states. may secure all Of the
benefits of being their own sellers of
wool clips. without paying commits
sions to middlemen, is in process of
formation, with every promise that the
plan viii be in full operation by the
time next years clip is ready for ship
ment. The scheme is nothing less
than to erect warehouses in Chicago
and TO conduct a wool exchange under
the direction Of the various associa-
tons of sheepmen and of the stock
yards interests.
one of the purposes of the visit to
salt Lake of the party representing
the livestock interests centering in
Chicago was 10 enlist the moral sup
port of prominent Utah hockmasters
In the wool exchange proposition. AS
explained by General Manager Leonard
OF the Union livestock yards. r. b.
OgiiVle and DR.. Davidson of the visit
ing party, Chicago capitalists are ready
10 erect warehouses in the big CITY
winch has become the center of the
livestock market and the chief place of
business of many other industries. to
store ali the wool clipped annually.
Inen certificates would be- issued.
showing how much wool each shipper
mad on storage, and upon these Ger
tincates loans would be made at low
rates of interest until the Consignments
were sold.
Cutting OF Commissions.
In this way. it is commended. a saving
Of about 2 cents a pound could be eff
Iected TO the wool producers. This
money now goes to agents of Boston
myers as commission. But with the
chief market in America for wool
moved from Boston to Chicago and a
systems Of auctions inaugurated for
the sale of wool on storage. better net
prices would be secured for the pro-
ducers, 1t is claimed.
Ihese matters we're presented yes
terday by the visitors to President
Jesse NJ. Smith and Secretary Calls
Ter of the Utah Wool Growers asso-
citation. and after it had been shown
that the factories using wool are NOV
ing westward from the New England
states, that transportation facilities
and rates are all that can be desired
IN Chicago, and that a rate on wool to
the Atlantic seab0ard can be obtained
on stored wool as though it were /
shlpped direct the representa- tives of |
the Utah association expressed con-
ldenee in the Utah foekmasters help /
Ing in the project with their shipments 1
next GnF-1mur Nh,
moved when it was stated that storage /
rates would be only nominal and the I
iockmasters would be allowed TO have /
their own men select the woods and /
make the sales if desired.
The visitors reported that the great /
of the sheepmen in the north /
and northwest favored the plan as a
great money saver to the wOOI-growing
industry, and the Chicagoans were /
much encouraged after obtaining the 4
views of the Utah associations officials
on the subject.
Larger Profits in Lambs Than Wool.
During their stay in this city yester-
lay DR.. Davidson, the sheep breeding
expert Of the party. demonstrated to
several prominent Utah 1Ockmasters
With whom he conferred that there are
arger profits in breeding sheep for
mutton instead of wool. Taking 10000
sheep as basis, he showed that under
average conditions they would yield in |
/ given period in wool clipped and
vethers sold a total Of S1S.275. Out Of
his sum $10,150 represented wool value
md $S,125 the worth of $500 3-year-Old
vethers sold for mutton. On the other
land he made it clear that by starting
With 10000 ewes instead Of only one
Ourth of that number the wool at an
.verage Of eight pounds per head at
4 cents a pound the clip would be
worth $1,000, and the IS per cent in
.rease in lambs would sell for S225 a
lead. or S16.S15 for the mutton This
sives a profit in favor of the mutton
breeding proposition as against wool
Of $500.
DIT. Davidson was assured by many
# the wool growers in Montana that
lis estimates are about correct and
President Smith of the Utah associa-
ion declared that he could concur in
he correctness OF the demonstration.
70 the rapidly growing market for
mutton is attributed the gain in favor
4 the suggestion outlined to fockmas-
eTs to breed more for lambs for NUT
on than for sheep clipping
Knives for Utah Shepherds.
Yesterday afternoon General Agent
v 2. skinner Of the Union Stock
ards company presented President
ninth and Secretary Callister, for the
WOOL Growers association. $50 hand
ONE and serviceable souvenir Bowie
hives on the blades of which is in
cribed the invitation, ship your
took 10 Chicago" The knives viii be
ant 70 the members of the associa-
ion. who would have received them
{ the recent state convention had the
isitOrs been able to be present then.
At the close of day of profita bic
difference with represe n'ative sheep
nd cattleHren the distinguished party
f ChicagOans left last evening over
he Rio Graude Western in their pri- /
ate car for Denver. They were ac-
Ompanied by Secretary Martin Of the I
'atiOnal Livestock association. who
49,