The Sun. [volume] (Price, Utah) 1915-1932, 1918-04-19

Announcement by the Boston wool
trade that II will not buy. sell or offer
any moro wool until II receives n reply
from the government relative 60 the
option on wool offered tho govern
ment by the trade. Is looked upon by
Utah sheepmen and woolmen AZ a sort
OF business "camoufiage" on the part
Of the BOSTON wool trade designed 20
influence the wool market OF the
West IL IN declared that the wool
trade II anxious TO have the govern
ment accept the option. thereby fir
ing a price basis for the dealers at the
high figure OF sixty TO seventy cents.
which was the market price on April
9th when the option was offered. The
wool producers Indicate that the deal
ers are looking after their own inter-
ests In tho matter of attempting 90
have the government set a price that
would become n basis for dealers
prices In the future. Utah wooimer
declare their belief that The govern
ment will not accept the option and
that there Is no cause FOR ala IN or
uncasineSs on the part OF the Western
wool producer.
"fn April. 1911. shortly after tho
declaration Of war" says r. w. Me-
Clurc. secretary OF the National Wool
growers association. the Boston wool
trade association offered the govern
mont all wool on hand ut the market
price OF wool on the date of the offer.
A. that was shortly after the starting
OF hoatilitieH and the government dld
not know It's needs. the government
was unable To- accept the offer and "
was rejected. Then. on July 30. 1917.
the wool trade again offered all the
wool on hand at the market prices
prevailing on July 30th The prices
advanced considerably between the
time OF the first and second alters.
but the government accepted the sec
ond offer aud took about six million
five hundred thousand pounds OF wool
for which II paid the dealers an av.
cragc price OF Hixty-two cents por
pound. Tho amount OF wool taken
was not large. and the tranHnction was
not important
con April .. 1915. the boston wool
trade offered the wool on hand and
en- route TO the government at the
market price on April y, 1913. II the
government accepts Jnc offer. " viii
mean any territory wool suitable for
government uro taken will cost the
government from sixty-five to seventy
cents pound. That would De about
the boston value OF territory woods
suitable Tor government purposes.
The wool trade has agreed that u VIII
not buy or sell any more wool until
the government advises as 10 whether
or not IL viii accept the offer ot April
eth Naturally. after offering all hiH
wool on hand TO the government at a
given price. the dealer would not be
Iexpectrd to buy any more OF sell until
he had heard from the government on
the matter I don't feel that this ac-
ton should concern woolgrowerS Of
the West In any way whatsoever. IL
IL more than likely that the govern
ment will advise the dealers some
time next week that Il will not accept
the offer. II II does accept the offer,
Il viii be fine for the Western wool
grower. for IL fixes that basis of value
for the movement this year OF wool
suitable Tor government use.
However. We have not the slight
eat notion that the government viii
Interfere In any way at all with the
marketing Of this years wool. No Tar
as We are concerned. Quartermaster
General Goethals settled that duestion
when he officially advised the Boston
wool trade that Il Ia not the intention
OF the quartermaster'H corps OF the
wa department To interfere In the
marketing of this years domestic clip,
n believe the Western wool clip
viii begin 10 move some time next
week at prices ranging from fifty "a
lfiny-siX cents u pound"