, 1922-07-20
LAMBS ARE
IN GOOD DEMAND
BUYERS ACTIVE IN THIS SECTION MAX.
ING ADVANCE CONTRACTS TOR
OCTOBER DELIVERY

During TIL" past week or ten DAYS
practically the only activity in the
sheep and wool industry has been in
negotiations for fall lambs which
have heon going OF between buyers
and flockmasters. which have had
III" result of establishing a market
price which is quite satisfactory to
the latter with the result that sew
eral large lots have been contracted.
One of the buyers, Thomas Rein
bold, has signed up for delivery
first between 5000 and 10000 lambs
at II cents f. o. b. loading point,
probably either Rawlins or Wamsut-
ter in most cases. This is a spot
cash proposition and there are no
onerous terms and conditions as Is
frequently the case. such as weight
restrictions. 1t is thought hat the
Carbon county fall lambs will easily
average from SIS to 60 pounds.
No Local Wool Sales
No sales of local wool have been
recorded during the past week and
sellers and buyers seem to be about
as far apart as ever. The growers
can see no reason why wool should
be cheaper now than in May and are
acting accordingly. Those dealers
who have fair size stocks of wool to
dispose of are quite willing that this
opinion among the growers should
prevail. But they are buying no
wool except bargain lots here and
there. for they prefer that the grow
er take whatever risk of a decline
there may be. Thus the deadlock
continues in Montana, Wyoming and
Texas.
There still remains unsOld a total
clip of approximately 500. 1000 pounds
in this section, now stored along the
railroad. this being in addition to
that consigned to eastern points for
storage and sale. Among the I'M
sold clips may be mentioned Andy
Johnsan, Cow Creek. Donnell, Pion-
eer, Yellowstone. Cronberg, Dave
West and Horne Brothers.
Tariff a Factor
Tariff uncertainty makes holders
of domestic woods nervous, and deal
ers are selling good woods steadily.
though convinced that they will all
be wanted later. 1t is reported in
the East that buyers are not as keen
as hitherto in western primary mar
kets, while growers are not willing to
take less than others received. 1t Is
estimated that S5 per cent of terri
tory clip is already sold or contracted
and that so per cent of. purchases
have been transferred to manufac-
%turers. Latter have been buying in
anticipation of future needs. and in
view of admitted shortage of fine
woods the world over. the situation
has the usual July quiet. Dealers
believe in the future Of fine woods.
but are able to make attractive
prices to manufacturers through
early contracts and purchases. 1t IS
believed hat the passage Of the new
tariff bill would bring settled cOndi-
lions in both wool and goods and
thereby benefit the whole industry.
COkevillc Pool
Considerable local interest centers
on the contemplated sale of the
pooled woods Of the Lincoln county
woolgrowers. which is scheduled to
take place on the last day OF this
month. About one million pounds.
now stored in the warehouses in and
neal Cokeville will again be placed on
sale and all buyers invited to attend.
The selling committee which Is COM
posed of j.. D. Noblitt. A. A. Convey.
and Farley Bennion have the right
and authority to reject any and all
bids. The results achieved by this
second attempt to place this o on
the market as a whole and to secure
the attendance of independent. indi-
vidual buyers, not members OF the
buyers union" will have an I'M
portant bearing on the local situa-
ton in Carbon County. where all
holders OF wool are still standing
not