The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-04-16
UTAH BENEFITS
IN WOOL YIELD
One of States Big Industries Stimu-
lated by Trade Conditions.
COMES IN SPLENDID SHAPE
SOME FACTS ABOUT PRODUCT
FROM OTHER COUNTRIES.

The fact that the owners of sheep
ranges i'm this state. Idaho. Wyoming
and Nevada. but particularly those who
have large interests in Utah. will enjoy
an exceptionally good price for the
product Of their sheep this year, has
caused considerable comment as 10 the
reasons which have contributed 20
bring about this condition \ buyer in
this city who has made a study of the
conditions in the four states for many
years, said yesterday:
Wool. ON account OF the miIdness OF
the past winter and the good condition
or the ranges. has come into the market
lH vastly better shape than i'm many
years II has been found that The fleece
is better and that is one reason for the
present price. Another is that the sur
Plus throughout the country has been
used up and the warehOuses are now
ooWn 10 bare lofts. Again. the manu-
LECTURERS nave done very good bust
ness i'm all branches of the textile in
duSIF% ana also have received the ben
elt OF the advance OF prices in their
piece goods. and that fact i'm itself has
helped 20 stimulate the wool market for
raw material.
Another reason may he attrib11ted
Z" the general good conditions prevail
ing In all the manufacturing centers of
the country. Take for instance the iron
trade. that is. I mean. those huge works
NHereIu are made the great masses Of
structural steel for the most notable
improvements throughout the Union
I'm those great works wages were never,
better. for the reason that there is q
constant and heavy demand for the
products turned out. What is true about
the big iron and steel works is also
true about. other branches of industry
ana IT has a stimulating effect upon
BUSINESS generally, and Of course the
Wool trade is sharer. II is the same
"a regards farming Agriculture yvas
never more hourishing than in is TODAY
Dealers Alert to Conditions.
THE shrewd wool dealers Of this
country foresaw this condition last fan
Nhen buyers entered this field to make
contracts for woods coming from the
sprung Shearing. and contracting has
Deen going on ever since at prices for.
the general clip as high as they have
neon at amy one time during the Dasr
twenty years. In 1890 prices touched
those of today. but only i'm a few places
Whlle in these four states they are uni
FORM and strong today. The outIOoL, is
exceedingly good for the sheep hus-
DaHdfE, both as to wool as well as TO
mutton We look for these conditions
10 continue for some time
Inc woods in Utah. Idaho. WyOmiugs
ana Nevada are all practically bought
up. and while Sheariug has ONLY beey,Ir
me season is really ended so far as The
purchase of wool is concerned The
NpolbuNeTS in the salt Lake territory
ana Tor that matter throughout the fof1r
Ht"'eS- are here mainly for the purpose
"i receiving and shipping the woods
they contracted for last fan and aarI,-
inns spring An unusually large por-
non ~ the woods ia Utah and Idaho
I.INe oeeh bought by st. Louis buyers
W III" nave been the most aggressive i'm
li' held ST Louis holds practically
the key 70 the situation as to the nah
ana I"aho woods produced this season
Vast Yield is Estimated.
1t is estimated that the total wool
clip of the United States for this ye3r
VIII amount to 200 OOO. 600 pounds and
an equal amount is in sight Tor inn
pnrtatlon. making grand total of
e'o.oOo'"ou pounds to be manufactured
INTO various articles ia this country
during the next twelve or eighteen
months. The largest proportion of The
imported product is that which is called
III the trade carpet wOOlS.' of which
none IS raised i'm this country. Tho
duty on this class is 4 cents per pound.
and ON higher grade woods like rleriuo
It touches II cents. All imported wo0Is
come ln lin the grease" that is the
WOOL IS IN the same condition a. when
lt IS clipped from the sheen II 10 oily,
and greasy. and To bring it To the
manufacturing stage IT has to he
secured i that was done abroad az
the product was then brought into the
United states the duty would amount /
to SO cents per pound Fine secured
Australian wool sells at an AVERAGE
price OF 50 cents per pound. while the
cross grade of the Australian and New
zealand product. cleaned and secured :
brings % cents While IL has been as
serted that all imported woods come
into the United States i'm the grease 80 (
II should be stated that small quau- .
tity Of the secured and cleaned article ?
is brought IN. but the amount is 50
ulttiug that it has no direct bearing /
on the volume of the importations in I
general
The Argentine republic today owes /
its success commercially. to its sheep
industry Every pound of wool clipped /
each year is sent abroad. either to this
country or TO the sales i'm London I
whence it is distributed throughout the +
continent. The Yield i'm Argentine will 3
aggregate 100000 600 pounds annually
Yet that nation has not got Il wool fac 7
tory within its borders OF the amount /
mentioned. $4,000 0C0 pounds is imported /
into the United States each year It !
IS mostly of the kind termed cross 1
breds i'm the grease" and is worth from
q to SO cents per pound, duty paid on !
its arrival i'm this country. 1t is usu-
ally in excellent condition and finds q }
ready market. :