, 1925-03-19

OonC OF the exchange.
The Helena Independent of Friday.
March 18th, had the following ac-
count of the meeting in Helena:
w. w. Daley of Rawlins, Wyo.,
was elected chairman of the board
of the National Wool exchange, at
the first meeting Of the directors
Of the new wool growers marketing
agency, held yesterday afternoon at
the western headquarters in the
Placer hotel building; Matt STAFF of
Helena, whose headquarters will be
In Boston, was elected president;
George X. Reeder of Craig, vice
president, Ira T. Wight Of Helena,
secretary-treasurer, and Gilbert T.
Thompson Of Chicago, assistant secre-
tar~y-treasurer.
All members of the board, with
the exception Of Henry Sieben of
Helena, who is on a winter trip to
Hawaii. were present at the meeting.
Good Reports From Wool States
The states of Wyoming, South Da-
kota, Iowa, Montana and Idaho were
represented at the meeting by prom
inent wool growers, each of whom
reported the wool industry in his
state in a promising condition for
thC piCoSht yChis anu q UcttCT OutlOOk
than for some time past In agricul-
ture. business and industry.
Returns from wool and lambs in
Wyoming this -yser-ts estimated by
Mr.. Daley At $4,000, 900. thus in
dicating the great importance Of this
industry in that progressive state.
The lamb crop in Idaho will be
somewhat smaller this year than 1t
was In 1924. James Laidlaw OF Boise.
reports, but the growers expect the
shrinkage to be offset by favorable
market conditions.
w. W. Latta OF Logan. Iowa. re-
ports conditions in all lines making
rapid improvement in his state. and
that an optimistic feeling is noted
In the general outlook for the year.
James H. Lennon of Morristown,
8. D.. brought a highly encouraging
report respecting conditions In his
state which, In line with the country
over. is making preparations for a
very prosperous year.
The growers from Montana To-
calities reported with one accord an
improved outlook. not only In their
W industry, but In crop and bust
ness conditions.
At the close OF the directors meet
Ing, dinner was served informally in
the Crystal room OF the Placer.
Seated at the table were: Mr.. Daley,
Mr.. stan. Mr. Reeder. MIR. Wight. Mr..
Thompson. John Carmody Of Lander.
Wyo.. Alex Healey OF Worland. Wyo..
John Etchert Of Glasgow. Jurgen
kuhr OF Chinook, Percy Williamson
OF Miles City. James H.. Lennon Of
Morristown. s. d.. w. w. Latta Of
Logan, Iowa, James Laidlaw of
Boise. Idaho. and Harry II. Piggott,
secretary OF the Montana Wool Grow
ers' association. Helena.
The directors OF the National Wool
exchange for the present year are
the following named:
The Directors
W. w. Daley. Rawlins. wyo.:
James Laidlaw. Boise. Idaho: John
Etchart. Glasgow: J. II. Lennon.
Morristown. 8 D.; Jurgen Kuhr.
Chinook; Henry sieben. Helena; w.
w. Latta. Logan. Iowa; Percy N.
Williamson. Miles City: John Car
mody. Lander. Wyo.; Alex Healey.
Woriand. Wyo.; and Matt Staff.
whose headquarters will be In Boston.
These are all prominent wool grow
ers Of the states interested In *
chanKe. n were selected ms direc-
torH after tho wishes OF the growers
were a%scertained.
Tho Incorporation papers OF the
National Wool exchange were filed
in the state of Delaware on February
20. with the Corporation Trust COM
pany OF America. at Wilmington. the
designated agent OF the corporation
In that state.
Stock Readily Subscribed
Tho foundation OF this new wool
Growcrp' marketing organization was
laid At . meeting OF growers and
livestock bankers here on November
IL, 1924. subscriptions 20 the capital
stock In excess Of 800 900 have been
made BY wool growers Of Wyoming.
Montana. South Dakota. Idaho and
Iowa. These growers have also
ueo1eeA themselves TO ship their wool
= TIE assacy IN the years Of 1875,
1VSo and 1897, In sufficient volume
- eosare the SUCCESS Of the under.
SMkinS. since THE has ali bsen &C.
~0Uo1aAa1 WtGA . ninimum Of Of.
fort on the part Of Ne hackers oil
TIE movement and practically with.
out Dsrsonal eolicitaliea. or expense
% tie exsAaase," said Mr.. staff IL