Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1904-07-27
tGreat rails Tribune.j

Ii the woolgrOwers of Northern
Montana favor the plan, there will be
regularly established wool exchanges
next year at Great Falls. Lewistown.
Fort Benton. Chinook. Malta and per.
haps other points.
The buyers favor The plan and the
sheepmen will be asked to indorse il
through their organizations.
1T is the system that has prevailed
in Oregon for several years." said
Alex. Livingstone, Of Benedict & Liv-
ingstone, of Boston, yesterday, land
1t has given great satisfaction there
to all concerned. It will result in
Capitalization Of the woods of north.
ern Montana at a few points, in keen.
er competition for all clips and in
economy in buying. 1t will not be
necessary for the wool houses to EN-.
ploy travelling buyers, and there will
be greater system to the purchasing
of clips.
Il believe that the growers of Mon.
tana have lost : cents per pound this
year by selling two-tnIrds OF their
wool before the opening of the ex.
changes, and that means a loss to
them of $500 900.
Every buyer who has been on the
skirmish line has figured upon a saw.
ing at least / cent per pound by Sc
curing clips before the opening OF the
exchange. on which there is competi-
ton. but in Other respects the season
has not been satisfactory TO buyers,
and. as ! said, the growers of the
state have lost $500, 900.
ITO get the buying on a better sys-
TEN the buyers who operate in north
ern Montana have decided TO ask the
growers TO cooperate with them next
year in the establishment of regular
exchanges at Fort Benton, Chinook,
Malta. and perhaps other points, the
established exchanges at Great Falls
and Lewistown also to be maintained.
and it will be agreed that. after the
date fixed fol- the opening of the ex.
changes, wool shall not be purchased
at any other points or in any man.
ner except through the exchanges.
No n of the exchanges would be
constantly open for sales. A SEIZED.
ule of sales dates for each exchange
would be agreed upon, and every buy.
err in Northern Montana would attend
each sale. Probably two days in a
week would be allotted to Great Falls
and n day each in the same week
to Fort Benton, Malta and Chinook
The next week, Lewistown would
probably have two days for sales, ant
Great Falls. Two. and there would be
M ca1ac IN fiat ,,Aaly n. tLo akl.,
exchanges. OF course. the arrange
ment OF the schedule is a matter tina
has not been discussed.
, This system would give ample no
, tice to every grower of the time a
which he might sell his wool. III
would ship to the point most conven
lent to his range and would be assur
ed of bids from every house operat
/. ing in northern Montana. He woult
T receive all the benefits OF competi
I ton, regularity and system. The plai
{ has proven very satisfactory in Ore
!. gon, where | buy every year befor
coming to Great Falls, and | bellev,
[ the growers Of northern Montana vii
appreciate its advantages
Mr.. Livingstone was asked ii h
credited the report from Boston tina
dealers were already preparing 1
contract for the 1905 clip and reptile
[ in the negative. Late in the season.
he said, after we can ascertain tn
course of the market, there may b
commenced contracting for next year
clip. But We cannot yet tell ho'
this years clip will go of, nor wha
n the prospects roI next season will b'
The manufactured goods market wi
n never advance until there has bee
a an advance in the price Of the IA
d material. and we must wait to SO
n whether or not there is the deman
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