Richmond daily register. (Richmond, Madison County, Ky.) 1917-1978, 1920-04-26
WOOL POOL AUCTION
LEXINGTON, june Is
Prof. Humphreys Writes To
Wool Growers About Repre- :.
sentation OF Pools There

Prof. John r. Humphreys, of
the Department of Markets of
State University at lexington is
sending out an important letter
to wool growers, notifying them
of central wool auction which
will be held at Lexington June
18th. His letter will be read
with interest by wool growers of
this section, many of whom have
received copies of it. He writes
Lexington, KY, April, q 1920
Dear Sir:
June 18th has been selected as
the date upon which the Ken
lucky State central wool auction
will be held at Lexington. One
OF the large and well lighted to-
bacco warehouses will be utilized
for holding auction. The auction
will begin at 9 o'clock in the
morning and will continue until
I'll the wool on sale is disposed
Of. Every wool pool in the
state is eligible to representation
in this auction and wool should
be represented by one Of Is to
$50 pounds sample OF each grade
contained in the county pool.
Great care should be taken that
the samples are truly represen-
tatlve of the wool which is being
held back Of them, and each
sample should show the num-
Der Of pounds represented and
should give the grade under
which the local wool has been
graded. Buyers from all the
wool buying concerns in the
United States will be invited to
have representatives at the auc-
ton, and the wool will be sold to
the highest bidder, unless for
some reason, the central wool
committee desires to reject the
bid. Any pool represented and
not satisfied with the price Of
tered for any grades constituting
over one-hallf of their offer have
The privilege Of rejecting such
bids and re-selling the wool.
either at the auction or in the
home market. All wool Offered
should be graded according to
United States tentative wool
grades, in SO far as possible, and
these are as follows fine, IL
blood, 3-8 blood, Is blood, low
IA blood, common and braid.
These grades apply to all three
classes of wool, namely: cloth
ing, french or baby combining
and strictly combining. A stand
ard set of these wool grades is
on exhibition i'll the office of the
Department of Markets and all
persons interested in grading
wool for wool pools are urged to
visit the Department and study
the grades.
By being represented at the
auction only by sample, it is not
necessary for local wool pools
to ship their wool to Lexington,
but wool should be heidi at the
local pooling center, subject to
shipment to any one of the nine
regional points as follows: Lex
ington, Danvilles Louisa, Mays
vile, Covington, Louisville,
Bowling Green, Henderson, and
Paducas in accordance with the
desires of the purchasers. All
purchasers will be required to
furnish these bags. All wool
represented at the auction should
be kept clean and be separated
into its respective grades and tied
with paper Irvine, SO that the
central wool committee. may
know that the handling of this
wool is uniform thruout the
state. ssssssss s IL
Notice is, hereby given that al
wool pools desiring to enter into
cooperation in the central WOO
auction should advise the De
partment of Markets by May
5th, so that notice may be sent
out to prospective wool buyers tC
visit the various wool pools anc
examine the grading before com
ing to the auction. This will dc
away with any doubt of the pur-
chaser as to the grading back O
the samples.
The membership of the centra
wool committee will be announc.
ed Wednesday, April %, and al
wool samples, subject to auction
should be in their hands in Lex
iington not later than June 18th
Expenses of the auction will BIZ