East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-09-21
WAREHOUSE PLAN
WINS HIGH PRAISE
WOOLGROWERS' PLAN
PROVES BIG WINNER
Textile American Declares Plan Is
Great Money Savcr-DcmOnstratcs
That Union of Forces Results In
Better Profits TO Producer-Salcs
Plan Not Yet Complctcd-Austral-
ian Method Highly Successful at
Antipodcs.

Commenting on the work of the
Wyoming and National Woolgrowers
associations in their work of estab-
fishing a national storage warehouse.
! the Textile American, a Boston jour
nal devoted to the wool and cotton
industry of the United States. says;
IF there remain any woolgrowers
!. who consider the tme-honored meth
DDS of dlsposlng of their clips the best
for their interests the experiences of
those who dared the novelty of stor-
age warehouses and central market
should be sufficient to convince them
that the recent and newer method is
the best for all concerned. The re-
suits from the Omaha warehouses
have passed beyond the realm of ex.
pertinent, and in all probability there
will be little or no individual dealing
in the sections served by this enter
prise.
THE principles Of the trust when
| adapted to the needs of the small mer-
chant become but the practical meth
! DDS of good business and in this case
the establishment of wool warehouses
| ar Omaha, which served the interests
of the woolgrowers Of Utah. Montana
! Wyoming and Nebraska, has shown
that when the industry untes all for
! one. and one for all better methods
obtain. Il was the experience Of
those interested in this enterprise that
! on the opening of the wool market
prices advanced above those quoted
at the ranches. and buyers became
more Interested. At the same time
those growers who had dared this in
novation found 1t was more to their
. advantage to sell from their own CEN
ter, through their own broker, than to
ship to eastern agents, for the selling
BEING more of a cooperative action,
the tolls of a mlddleman were eimi-
mated or reduced so that the grower
received more for his clip than would
have been the case had he depended
on either his own efforts to effect a
bargain at his ranch or consigned It
to a distant agent.
From these experiences other WOO,
growers have become convinced that
their interests are the interests OF the
others and they are recognizing the
practical worth Of the new enterprise
The experiment has demonstrated
that by uniting in their efforts they
can maintain prices and not be
obliged to sacrifice; that they can
save the cost of a middleman and at
the same time receive an advance on
the clip before disposing of it. SO
satisfactory has been this experiment
that It is predicted that before an
other season three-fourths of the clip
will be sold through the medium Of
the central warehouse.
There yet remains a step to be
made in deciding on the method of
sale The arguments in favor of reg
ular auction sales have been present
ed ana the experiences of the Austral.
ian woolgrowers seem to favor the
: method.
+, Australian growers having decided
that it was better to market their
wool at a point nearest the seat Of
production, settled on Melbourne as
the site for their warehouses, and a
thoroughly equipped establishment
has been developed and there come
the buyers from all over the world to
get their purchases at auction. which
has become the established method OF
sale. A regular industry that of wool
selling, has been developed and per-
fected the grower having nothing to
do with the transaction.
"While the circumstances of the
Australian and the American wool
grower may differ in some respects,
. and the market of the one be world
wide while that Of the other is do
mestic, the trade has so many points
il common that the adoption of some
Of the methods Of the Australian trade
may be safely tried by the American,
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