The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-19
TO STORE WOOL
IN WAREHOUSES;
Utah Association Decides to
conSign Product to Boston to
Be Held for Normal Prices.

II is the confident hope that the meet
ing held yesterday by the Utah Wool
Growers association will result in ines
Unable benefit to the industry in this
and adjoining states. The decision ar
rived at yesterday by the woolgrowers
is that the wool crop of this section will
be shipped to Boston and there held
pending the hour when better prices Will
prevail. 1t IS the firm belief that that
hour will not be long delayed.
The WoolgTOwerS' association decided
furthermore to send all of the wool It
can control to the eastern market and
to place 1t there in storage. Commit
tees were appointed to go to Boston to
arrange for warehouses and also TO at
tend TO the financial branch of the en-
terprise. A committee also, was appoint
ed to go about the state, with the pur-
pose in mind TO enlist the membership,
and consequently the aid Of every WOOL
grower.
In Sympathy With Movement.
The meeting was held in the rooms Of
the Commercial club at o clock yester-
day afternoon. Z. H. Callister, the presi-
dent of the association, presided, and e.
B. Stewart. the secretary, attended to the
task of chronicling the events as they
tFanspired. There were delegates pres
ent from Utah and western Wyoming, but
owing to the short notice that was given
many of the flOckmasters of southern
Utah were unable to be present. Numer-
Gus kilograms and letters were received,
however, expressing sympathy with the
movement.
The principal action Of the association
lay in the appointment of a committee
Of two to go to Boston to secure stOr-
age rooms and arrange for financial basis.
So that there may be no fear about pay
ment of freight on consignments, and to
attend to matters incidental to this work
This committee consists of John E. Austin
and Edward ]. Kearns
The wool that is to be shipped will be
in charge of men representing the Utah
WOOlgrOWers' association, and will not be
released until conditions are favorable.
To Enlist Membership.
committee was appointed to visit
| the various sheaTing camps and flock
masters, in an effort to present the evil
dent benefits that are to be derived from
the consignment of fleeces. This COM
John H. Seely. Enos Bennion. Thomas
Austin, NJ. S. Nelson and Peter Peter
son.
One of the men who was present, after
the meeting said: 4 believe this Will
save to the state of Utah fully $500. coo
a year. We are told by buyers VINO are
here now that there is a great deal OF
wool for which they would not give IA
cents, and one of them told me that there
was wool that they wouldn't give a cent
for. They evidently believe that they
have the poor mantle small OWner-uD
against the wall. and that they can
squeeze him at their pleasure.
Must Be Cared For.
There is a lot of wool on the desert
that will have to be cared for, or it will
go to ruin. We propose to care for II
and to relieve the small owner of the
fear that ne will lose everything unless
/ he takes the first offer that the buyers
make to him"
The running prices offered now are IL
and Il cents, but 1t is believed that there
will be stimulation as a result of the
action taken by the association yester-
day.
One of the points brought out force
fully at the meeting was the fact that
the clothing merchants and all those
who deal in wooden fabrics are at the
mercy of the uncertain ways of a fluctu-
ating market. The merchant, it was
pointed out, Is compelled to BUY his stock
at least six months in advance in order
to insure delivery Stocks having been
| bought six months ago, when high prices
were prevalent, are now brought into
competition with stocks bought on the
basis of low wool prices.
Another meeting will be held soon to
receive reports of committees. Ultimately
warehouses will be built here, it is the
announcement.