Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1909-06-11
Half a Million Dollars
for ShOshOne from
Seasons Wool
National Warehouse Worth Hun
dreds of Thousands to Wool
growers this Year

When announcement was recently
made in the Journal that the total re-
sources of the two National banks of
Shoshone amounted to nearly half a
million dollars it seemed almost like
an exageration. But here is bit of
information that might stagger belief
were the facts not open to the inspec1
tion of any person interested in run
ming them down.
The woolgrowers of Lincoln county
who reside in Shoshone have wool clip
on hand, or sold, amounting to nearly
than half a million dollars. And re.
member that this is the clip for the
present season only. With this clip sold.
the woolgrowers of Shoshone could de-
posit in the banks of the city sum
equal to the total resources of the
banks at the present time.
These woolgrowers are all, or nearly
all, deeply interested in other enterprises
right here in Shoshone and Lincoln
county so that the sale of this years
clip represents but portion of their
years income.
These woolgrowers are members of
the national wool warehouse and storage
company and some of them are shipping
their wool directly to the Chicago ware
house. But they are at liberty to sell
on any market at any time just so that
they comply with the rules and regula-
tions governing the association Of
which they are mmebers.
T. H. Gooding sold 40, 900 pounds at
% cents, while Fred W. Gooding is
holding his clip OF 175, 900 pounds in the
Chicago warehouse. The Newman
Brothers, Andy and Price, are shipping
direct to the warehouse nearly 100, 000
pounds, while j. w. Newman recently
sold nearly 10000 pounds at 23s4 cents
to Eismann Brothers of Boston, Mass,
through the agency of Joe Strieng.
Then there is the firm of Newman &
Sons who have clip of $1,000 pounds
which has probably not been sold as
yet.
Novinger & Darrah. and Jos. Keefer
are heavy dealers but the amount of
their respective clips or the disposition
Of the same has not been ascertained
for this article.
Only the junior member of the firm
of Lane & Maunders lives in Shoshone
so that only a portion of the clip Of
their five bands of sheep can be attri-
buted to this place.
A. C. Kitching is another heavy
wool grower who has a partner who
does not reside in Shoshone so that their
clip can not be classed wholly in the
present enumeration.
There are also others like the Nc
Mahans who are so heavily engaged
in other pursuits that their holdings in
sheep, if they still engage in tho
business, are almost lost sight of.
The most of these wool growers agree
that from five to eight cents pound OF
The present high price of wool is
,lear gain by reason of the existence OF
he national wool warehouse and storage
That means that from ons
hundred thousand to two hundred thou
and dollars received from the present
yocl clip is put into the pockets of tho
,hoshone wooigrowers by reason OF
his same national wool warehouse and
forage scheme.
If such a fortune accrues to the
of such a city as Shoshone
that might be the total gain to the
heep men of the entire west? 1t cer-
ainly would run well up into the mil-
ons of dollars.
1t is matter of local pride 10 the eiti~
ems of this place that the man largely
fort the national wooIgrowers
and for the national wool
arehouse and storage company is
tizen of Shoshone and is closely iden-
fed with all her interests.