Eastern Utah advocate. [volume] (Price, Utah) 1895-1915, 1915-03-12
bold GAME PLAYED
IN WOOL MARKETING
GREAT DEAL OF MONEY ~ At
STAKE.
Wyoming Nun Declares That Eastern
Trust" Is Working to Bring About
"Dlg KiIilng''-tirowcrs Standing
Firm For High Price.

CHEYENNE. Wyo.. March i1.-Ac.
cording 20 "a local wool expert the 50.
called wool trust" of Boston and
Philadelphia Is playing the bodies,
game in the history Of American wool
growing and wool marketing. and no
one can predict the outcome. The
stakes are valued at more than s50.-
0OO. 900. II the commission men, or
woel buyers. a. they are JAILED. can
stampede the growers into accepting
last years prices. the big eastern com.
bination. which has for years manip-
uiated the wool markets OF this coun.
try. will make the biggest killing"
since wool growing was introduced in
America n century ago.
Figures OF Last Year.
Some idea OF the richness Of the
stakes being played may be gained
from the following figures:
The sotallcd western wool states.
comprising Wyoming. Colorado, KAN
aas. Nebraska. South Dakota. Nom
tann. Idaho. Washington. Oregon. Ne.
vada. Utah. California. Arizona, New
Mexico. Texas and Oklahoma, last
year produced an aggregate tonnage
NJ wool amounting TO 172.t2o 900
pounds. which sold for s3f.i3s.sOo.
The prevailing price OF wool was be-
tween rs and IS cents.
These same states In 1915 will pro-
duco approximately hundred and
eighty million pounds OF wool. and ~
the growers stand pat In their de.
mands for 30 cents per pound for
their product. then tho eastern man
ufacturcrs and commission men must
put up approximately $40. 900. 900 60
move the big clip. Either the growers
or middlcmcn will make "A cold s3s.-
600, 900. No matter which wins Il ~
doubtful n clothing or wooden goods
will be any cheaper To- the consumer.
for the manufacturer viii have TO pay
80 much for his WOOL and viii have
TO sell his goods at figure that will
enable him to make u profit The
growers are we'll posted. and realize
that with NO chance Of wool being Inn
ported. and with orders for clothing
from abroad Increasing nt "a tromcn-
dous rate. there will be "a sharp de-
mand for his product. aud he ~ not
going "a bc In hurry about selling.
The middicmcn scc u chance To- make
cleanup. " they can only fool the
growers. for they know the shortage
~ wool will continue through o. an
other year nt least. and the manufac-
turcrs must either buy the domestic
clip. or cancel orders Tor clothing and
drcss goods and close down their mills.
Trying 60 Make Break.
Prominent woolgrowcra say these
talks from eastern bankers aud wool
buyers are being made 10 Influence
the growers In the hope that some
will dispose of their clips at nominal
prices and thus set the market And
IL IN known that the commission men
would like Co cause break la the
Holid lineup OF the growers
Aud thus the situation stands u
~ proving Co be on- oi the biRgs u
games for "A monster prise ever played
IN the history Of the commercial life
OF the country. n the commission mon
can stampede the growers. the east
orners viii make millions within ~
e. wmonthH. whilo on the other hand
u the growers can De held together.
II means they win reap the biggest
harvest ever from their 1915 wool
clips The outcome depends upon the
nerve OF ne growers. ana Just now
tho average flockmaster appears 20 be
all nerve. FOR the banks are showing
a disposition 10 encourage thu pro-
ducers in their demand for high
nrlgeH