The Coconino sun., 1924-07-11

assured him they would finance the
Arizona clip to any amount.
Lamb prices are brought down by
some growers, he said, by holding
their lambs too long. They lose the
milk fat, dry out and when killed
the meat is dark and brings four or
five cents less in the market than the
pink milk-fat meat.
Mr.. Hagenbarth said the price of
wool is bound to stay up for two or
three wears to come, as there is a big
shortage Of wool. He said, in part:
During the years 1922 and 1923 the
consumption of wool in the United
States by manufacturers would aver
age almost three times the amount or
wool produced in this country. The
erstwhile surplus of wool, not only in
the United States but throughout the
world, seems to have disappeared and
the outlook-fron a statistical point
of VIEWS most encouraging.
We can see in the situation solid
ground for the belief that wool grow
ing will again revive in the United
States. Economic factors so indicate,
and many states which are adapted to
the production of this form of national
wealth and are now depleted OF
sheep, can resume wool production
again with faith in the future. Only
adverse political anti-tariff legislation
can prevent it.
notwithstanding the strong anc
healthy tone of the worlds wool mark
ct, as well as the tremendous con-
sumption of woods in the United States
the manufacturers have made a most
persistent drive toward forcing the do
nestle prices of wool to lower basis
than seem warranted by costs of pro-
duction and current world conditions.
This situation can not continue in
definitely. There has been a decided
under consumption of articles manu-
factured of wool by the general pub
lie. The time is rapidly approaching
when an orderly and reasonable in
crease in buying must take place.
| When this does happen-which it viii
before long, then prices in the Unit
ed States will promptly reach the pro-
per values, which will consist of thu
worlds prices for corresponding
grades, plus the tariff, minus the cost
| Of Importation and difference in quail
ity. We will then have a stabilized
market based on real vaIueS.
All that the grower can ask and
should expect is the cost of production
for his commodity, plus reasonable
profit. A runaway or boom Wool
market would be a calamity not only
to the manufacturing interests and re-
/ tail merchants of the country, bu-
would eventually likewise react Oh
the wool growing industry. A con-
slant stable market is all that
can or should be desired, and it seems
in the cards that when the next deal
is made this is what the growers wilt
get.
Sheep in the United States are
showing and will continue to show
under reasonable favorable conditions
"a gradual increase, which must in
crease wool production. This process
will be slow for the reason that dur
ing the liquidation neriod NEST wonl
growers were compelled to market all
Of. their eve lambs and have not main
4ained prorer standard of aoes n
their f1ocks. Many herds are old, will
rapidly depreciate and pass away.
Costs of production are so high that
new ventures in sheep growing make
even the most bold more or less cau-
tious. IT * we'll that this Is 81. as in
flation in the long run would do more
damage than good to the industry.
Tie political winds in the United
States as affecting agricultural and
pastoral interests seem to have veerec
to favorable quarter. No political
party during the next few years would
have the temerity to attack those
industries which are now beginning
to recover from a burden laid upon