Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1922-03-03


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le III consei uence "a
~ 1ece tfspcel d lEroyyers rs hold
AtstlAs fEaannea ~ EafiR Bur1 AnsE edeEai-
tion Aead aaters at I'll PAUL.
Fawcett or the N tion Wool,
NVAfehUnss and Storage Company OF
Chicago outlined some 3of thess I'd van.
tages 6 wool pooling before SECRETARIES
md directors of wool pooling aAsocia-
tienss from various parts sof the state.
He pointed out that there were during
the war about five licensed Moel deal
ars which averaged about go 900 pounds
or 8 little over two good carloads TO-
each dealer. That the wool growers
must necessarily maintain The selling
4 and collecting cost OF the agency and
that this service cost the grower from
Is TO 10 cents per pound. ssSs
#@f The lowering Of this cost can or #
he secured through getting volume Of
I business and volume 81 business can
only Be secured by limiting the number
& Of commission firms who handle the
wool sEs23iis;;s5 IS.
.s'5 After The wal, man ssstates started
the pooling plan and To-day eighteen:
states are pooling with success and
i with the direct. 81 Feet that AN increased
price has been paid locally to the grow
ers. One large commission firm made
the remark to a certain banker that it
I they could get rid of the pools they.
could do something; that the pools
were causing them to pay from 3 to $
cents more to- the grower. The ,educa-
tional advantages of the pool must
not be overlooke 3 said Nj. Fawcett.
grower gsts 81 a. ae sshset 3shsws
ing into what grade his wool was
/ placed and the price secured for each
grade. Poor preparation for market 10
responsible for a loss Of two cents per
pound on the average. This loss comes
through improper tying, grading and
packing by the grower.
Another point in favor 81 the pool
is the fact that mills are fav0ring the
large pools and that they arc buying
almost entirely at the present time
from paper samples. Some additional
advantages arc the saving in time and
expense, collection and in saving of
freight and in the direct shipment from
the country points to the warehouses
and from the warehouse to ths mill,
uniform grade which can be secured
by large pools, the low insurance cost
and handling charges.
Mr.. Fawcett gave some Interesting
figures on the manufacture of cloth and
goods from the wool. It takes 9.8
pounds of creased wool, one-haf blood
grade to make 81 yards of cloth, for
which the grower gets on the average
this year 20 cents pound or $1.96.
Three and one-half yards Of cloth
viii make up an ordinary suit of
clothes which sells at $4,000. So the
grower gets only four cents out Of
every dollar paid for the suit.
The plan Of the pool this year is to
advance so per cent Of the value Of the
wool on the basis of market value OF
hot to exceed Is cents per pound on
the wool after the grading is done.
The production of wool in the Unit
ed States is decreasing at an alarming
rate as shown by the following figures:
1919, 314,O00,000 pounds; 1920, 291,-
100000 pounds: 1921, 4.265, 900 900
pounds; 1929, 225, 100000 pounds, estl-
mated This condition IS not only ap-
plicable;* to the United States but is
world wide with the single exception
of australia, which is reported to have
made slight gains in 1921.
Recent sales are very encouraging.
Thirty to thirty five cents is reported
from the western sections. AT the
Jericho pool Iof Utah y*over 8,000,O0o
pounds sold at SO 1-3 cents.
Yarn manufacturers have hid from
SO to IS cents recently in Philadelphia.
The Minnesota Farm Bureau FEEDER:
alton will arrange to call an organiza-
ton meeting some time in March OF
April for the purpose: Of organizing a
statewide pool. Delegates from each
local pooling association will be re
uuosted to attend. =: =:
County Agent C. B. Campbell at
tends the meeting in st. Paul Tuesday
III the interests Of the Morrison County
wood growers. If, -