Omaha daily bee., 1908-08-21
AFTER WOOL WAREHOUSE
King Offers National Association His
New Plant and Leases.
BANKS TRY FOR LARGER MARKET
House sends stronE Letters
TO Wool Growers Association
In Hone of GettIns Ware
house for Omaha.

With the endorsement Of the Omahe
Clearing House association. Omaha Com
mercisl club and South omaha Live Stock
exchange, c. II. King Of the omaha Wool
and Storage company left Thursday after
noon fer Salt Lake City, where lac wit
offer to practically give the National Wool
Growers association his new warehouse
and transfer to the association the leases
on terminal property II II will enlarge
the warehouse to one Of 100000 pounds
capacity and make 1t the association ware
house.
The executive committee Of the National
Wool Growers association meets in salt
Lake City next Tuesday to take final ac-
ton on the location OF a great warehouse
by the association. where millions Of
pounds Of wool will be collected and sold
each year. Omaha. Chicago. ct. Paul, Den
yer and other cities are bidders for the
warehouse Of the association. AS Omahans
originated the idea, they believe they
should be given the warehouse, and Mr..
King is hopeful OF success.
Clearing House Acts.
At a special meeting Of the Omaha Clear
ing House association held Thursday to
discuss the wool warehouse proposition
Mr.. King was given strong letters by the
bankers Of Omaha to lay before the ex-
ecutive committee. 1t is understood the
Omaha bankers have pledged to meet the
proposition Of the bankers of any other
city in the United States and assured the
wool growers Of all the money they will
need on the usual trems and at the mar
ket rates tor collsteral loans.
The wool warehouse committee Of the
Commercial club met at noon to discuss
the situation and wired Commissioner H.
NJ. Guild to go to Salt Lake City and as
sist the omahans in presenting the bid
for the warehouse. Mr.. Guild is at his
summer cottage at Lakes Okoboji on a
two weeks vacation, but said when he left
Omaha that II It became necessary or II
he could do any good he would go to Salt
Lake City in the interests OF the ware
house.
Luther Drake. president Of the Merchants
National bank. who attended both the
Clearing House association meeting and
the committee meeting at the Commercial
club, said; II feel that Omaha should be
selected by the National Wool Growers
association es the location for the big
warehouse. We nave started the wool
market here and must get this big ware
house, which means the making Of the
market"
stock Yards Delegates.
In a special car a delegation OF twenty
five from the stock yards at South Omaha
left Thursday for Cheyenne TO attend the
frontier day celebration and five Of the
party will go on the Salt Lake City to
boost for Omaha in securing the ware
house. President ]. A. Delfelder Of the
Wyoming Wool Growers association wired
Mr.. King that he Is on his way to Salt
Lake City and will do everything possible
for Omaha. The Great Western Railroad
company will have two representatives at
the meeting in Salt Lake City and the
Union Pacific will have one. The two rail-
road companies favor Omaha as the logical
location for the warehouse.
James Paxton and Nat Houston accom-
panied Mr.. King and they will be Joined in
Salt Lake City by Robert Taylor of Abbott,
Neb.. the state representative on the ex-
ecutive committee OF the National Wool
Growers association. Mr.. Abbott favors
locating the warehouse in Omaha.
Cooling FavOrs Chicago.
Fred w. Gooding of Shoshone, Idaho, is
president OF the national association. 1t i,
said Mr.. Gooding is personally in favor OF
locating the warehouse in Chicago, believ.
ing the manufacturer will come from the
! east to buy the wool in storage at Chicago
l but would not come to Omaha. Mr.. King
has prepared arguments to meet this idea
! Of President Goodlng, believing that the
: manufacturers will be only too glad L
come to Omaha TO buy the wool instead
: Of sending expensive men to the ranges
of Wyoming and Idaho, and added to thi!
| Mr.. King will urge the fact that Wyoming
5 Montana and other western growers car
: come to Omaha conveniently while 1t woulC
be difficult for them to go to Chicago wher
their wool is to be sold. He will also urg,
) that since 6S per cent of the wool grown IL
Z the United States in produced west OF tn,
Missouri river, there is no excuse for ship
ping the woods TO Chicago, but they shoult
be sent where the sheep are shipped, t.
! Omaha where the grbwers can come an
have something to say about the sales
) Mr.. King says the wool growers do no
think Chicago would be much of an i'm
provement on the present arrangement o