Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1921-01-15
FARM BUREAU MARKET
EHB POOLING PLiA
ARE FULLY DISCUSSED


LUBBOCK, Jan. Al. T.. B01g,gicoii
large land owner and wool gTOwcr VI
Coleman. TcxnH ana W. r. Mcriec ui
4. a NJ. college were IN LublIock Mon
day ca meet with the directors IL the
South Plains Wool Growers association
a. explain tho farm bureau market and
pooiing plan for the handling ~ Texas
wool through the Galveston port
through bonded war, house aud cor
poration plan to be- known aa the "Cb
operative Wool Marketing ns-accltnn"
This proictt h. to be- und = tn super
vision and authority n the National
warehouse law and will bc similar to
the plan nov In operation az Chicago
where " marketed annually more than
$4,000. 0o0 pornds 81 wnr
The co.OpUtanvc Wool marketing eS.
ISOLATION viii maintain h ,dqunrters
and warehouses at Houston a. Cllvcsl
nn fer th9 ccnsignmcnt. ssIura'ion aud
grading uf wool from all II 4, Nns. New
Mexico. Oklahoma aud other South
western states This wool viii then be-
rnrkste1 diruct 10 the splnnirs OF thu
North under n five year agreement
clause mo,l led after IN, maciic, SO
successful IN the fruit growing sectiCns
81 California. tn, leading attorney and
organiEcg of the California growers as
sccinti'n has been retained a. advise
and assist IN the organization IL thlt
association. whose first meeting VIII 10
held In Dallas January goth.
The individual grow,rs ~ tho eYso-il
iion viii have fun charg, ~ The nffslrs
II the asrocinilcn. clfci their own Il
flccrs who viii ~ required under IN,
National warchCugy ''w O. give bond
make reports, ard 9th rwisc protect N,
interest - the ncmhcrs from loss Tho
local wool groIcrs association can pod
'heir wool for shipment To- thc Calvert.
nn warehouses. wh'ro Il win be- clnasaG
and stored Until cold direct 20 summers
throughout IN" year and shipp,d direct
north hy bat frcm this port .
Tire local organizations at George.
town. Brownie a. Waco. Temple. Ne.
Kinney. lIillsboro. D,ntDn. Dallas and
Lubbock have already voted q enter
the association and win have rrpr, mt.
aiiycs AT the Dallas meeting the 2Gth
The plan Is 81 par;icular interest -
this sncticn In view q the .urli growth
being made in the sheen industry
throughout tho South Plains section.
This PAST year more thln ioo. 0oO wounds
IL wool was controlled bv the South
Plains Wool Growers association. =
large part of which has been shipped
g. he war, house 10 Chicago and Eos.
ton On consignment awaiting reason.
ahic increase In price.
Under tho Chicago plan or htndlng
charge ~ three cents pound l. mad.
Ter grading and storing tn vol and
the sales ARE made either through sp.r.
ulators on IN exceptional eases direct o.
the spinncrs Dut az that instrnros arc
recorded where w'rl brought 81 cents
through the Chicago W'rehnIFr fot
which io-il spcculators nd 'ff,rrd only
20 cents for the sumo wool 80 the same
market levels.
The Cooperative Wool marketing q.
ISOLATION plans 10 grade. st.r, ana ylil
direct to the spinner over a steady per.
led cNtcndipc throughout IN" wear and
by shipping ~ beat get the benefit q
low trangpurtation-thc increased pruf
It's from such practices bting paid ~.
rect Ia the members composing the a..
soclation ana conslgninE their wopi
through the assccia,iCa's plan. tn, -
soclailcn viii handle muhair ~ well
!. W. Jennings oi Lubbock Is the SO.
rotary az the South Plains wocl Grow.
ere association and is heartily In favor
of the plan. which Is sponsored bv the
4. \ ". college OF Texas through IL
marketing expert. ". +. McGcc.