Fergus County Democrat., 1908-06-23
SAYS WOOL SHOULD
Bring GOOD Price
PENWELL URGES WOOLGROW-
ERs TO STAND TOGETHER
FOR PRICE.

Montana Wool Growers Commission
company, under date of June l, is
sending to all members of the COM
pany, comprising most of the sheep
men Of Montana. letter advising
them of the arrangements which have
been made for the handling Of the
wool clip Of this year, and Of condi-
tions which govern the market with
especial reference to the Montana
product. The letter follows:
This is to advise you that on May
27 and % the directors Of your COM
pany met at the office in Helena to
consult with MIR. Frank r. Peters,
the gentleman engaged last year by
your company to handle the business.
The result of the meeting was that
an arrangement was made whereby
the Montana Wool Growers Com
mission company can undertake to
handle the wool belonging to its
stockholders on commission of
three-fourths cent per pound plus in
surance and storage which will
cent per pound additional every SIX
lIOHlHS dllu Liz SOllp pdlly Sdll dl dllSC
for advances to such stockholders as
desire it.
The suggestion is made that the
stockholders Of the company sell
their wool should price be offered
which is conG dered satisfactory.
Should they not be able to sell their
wool at satisfactory prices it is
earnestly hoped that they will con-
sign through this company. By so
doing your wool would be handled
materially cheaper by your own COM
pany than by any Of the other houses
and the result of generally standing
together would probably have a sub
stantial effect upon the ultimate price
received. 1t is further suggested that
under no circumstances should any
of the stockholders consign to any
OF the other houses as by SO doing
their wool would come in direct COM
petition with the whole handled by
their own company When the time
arrives and you should decide that
it would be to your interest not to
sell your wool but to have it handled
by your comnany, if you will write
to the secretary of the company at
Helena, full and complete informa-
ton will be given you as to shipping
etc.
This office will also endeavor tc
keep posted on market conditions and
will advise you from time to time
during the season as to what is going
on in the wool trade and should yor
desire any special information anc
will write to the company, we vii
give you such information as we have
up to the time of the organiza
ton of the Montana Wool Growers
Commission company there wa:
nothing the grower could do but ac
cept the price offered by the buyer:
or consign to the houses represented
by the buyers. Now there is some
thing else the grower can do if thu
price offered is not satisfactory. Ht
can sell his wool through his owl
commission company.
For the information of those who
are not posted on General wool con
ditions it might be proper TO giv'
the following brief statement as t.
the present situation:
'In general wool may be dividet
into two classes: |, short staple o
clothing wool And 2, long staple
from WHICH WOISleQS ana the me
grades OF cloth are made. The shor
staple is produced largely in Arizona
Utah and southern Wyoming, Will
northern Wyoming and Montan
produce the long staple woods. Their
F., being this difference i'll the produc,
the fact that low prices may be OF
5 fered for wool south of Montana ha
, nothing to do with the price that tn
E Montana grower should receive, an
S for this reason: That there is sur
r plus of short staple WOOL This sur
plus comes about as consequenc
! of the financial stringency last fal
e The machinery which is devoted t.
e the manufacture of clothing fror
, short staple woods was closed dow
Y because of lack of demand. scarcit
] of money affecting most intimatel