The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1922-04-28
Wool GROWERS GET
TING BENEFIT OF :.
COOPERATION

1Akhka uQiqS t1lG EAUAMsS -
for the wool growers OF the Far
West, providing that they take every
advantage of their situation Wnlcn
gives them control over market prices
by cooperative marketing, instead OF
releasing their wool to eastern com
mission buyers on bids below the
value Of wsel based On the lrremov-
able law Of supply and demand" dc,
clared y. S. Senator r. n. Stanneid
az Oregon, On his return a few days
age 10 Washington from his nome
STATE. "Dut this better prospect fol-
lows q period in which everyone en-
sased Ia the industry of providing
fhe mutton and wool supply OF the
United States has battled against
eonditions which might have defeated
less COURAGEOUS men," said the Sena-
tor himseH o 6ock1naster prominent
| IN the industry In Oregon.
utter bankruptcy threatened
them" said Senator Stanfeld. In
desd, many were compelled to sue
cuuh, thus seeing the results OF a
lifetime wiped out completely: Inc
conditions were uniform in all sec
tons Of the west It was not bad
management, not speculation, not
creed. II was the Inherent necessity
Of the industry that forced them into
the situation whence they now hope
70 emerge, Il given two years N %
which to realize the improved market
for their products. :, ?,
In q bulletin of Late date by the Y.
S. Department of Agriculture, It Is
revealed that, "A great many OF tne
wool importing countries Of the world
are now practically on a pre-war CON
Stunning basis, and raw stocks are De-
| ine converted into finished stocks at
! noxmd rate. Since 1920 there has
been Q depreciable decrease in stocks.
The total wool production OF the
world during pre-war years was no
moro than needed to meet the worlds
requirements; with increased require
nents, however, there was no no
ticssble attempt to increase prodnc-
tion In the same proportion. The
present sheep population Of the world
Is Gully about 80 per cent of the 1913
population. The world pre-war pro-
dnction, based ON yearly figures for
the five-year period, 1909-13, incau-
sive, was 3,152. 600 900 pounds. From
ell reports, it is probable the produc-
ton during the present season will
Be less than 3,0o0, 900 900 pounds. The
supply of wool in the principal con-
spuinx countries is less than record
"a for some time. Stocks Of wool in
the United States are lighter than in
@ decade; the manufacturers are OPP
Grating about equal 70 normal"
In the latest New England letter of
the First National Bank Of Boston,
| It was stated: with the final govern
mAnt sale tof wool) has passed a uni
que experience in the history Of the
American wool trade. Between April
Is. 1917 and November IL, 1918, the
u. 8. government acquired for war
purposes 674,167, 554 pounds Of wool.
OF this total, nearly 10000, 900
pounds we're allotted to manufacturers
during the course of the war, and
about SOS ,D0O, 900 pounds have been
soid 1t anction sif.:e the signing of
the ermistice. 1t is tribute Of no
mean nature to the wool trade that
TIA recovery value Of the government
On this wool appropriated IS per
ceat Of the cost, g recovery excelled
by no other war surplus commodity,
Il indeed even approached"
SAeeD3en Protest Assessment
The action Of the State Board of
Equalization IN raising the assess
mart en- sheep was protested by the
standing committee Of the Montana
Woea Growers Association, ut hear
ing which was asked for by the COM
naittee, composed Of w. J. Beckett,
Heaxy Siehen and Arthur Ward. The
committee was accompanied to the
bearing by Secretary 81. H. Pigott, T.
A. Nexlow and other bankers. The
Board reopened the matter, and after
Q full hearing, reserved decision,
which still is pending.