The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1929-02-28
WOOL GROWERS SEE LIGHT

The Slope wool men took an important STEP Wednes-
day. when they decided to 60 ahead and incorporate
their pool.
In state where the sheep holdings in small lots
on individual FARMS part Of the diversified agri-
culture to which North Dakota has turned the need OF
cooperation almost imperative is at least more I'M
portant here than in states where there still range
for grazing large herds as in Montana and Wyoming.
In Montana individual sheep men market what. In
effect are small pools in their clip Yet the big
scale sheep and wool operators largely found allied
with pools Some Of these individual wool men produce
clips ranging from 10000 to 100000 pounds Wool buy
ers are anxious to bid these in. They like to buy wool
in large bulk
The wool pools in the neighbong states the west
are compounded of clips ranging from 5000 to 10000
pounds. Sheep raising has not yet come down to the
small farm basis Of focks under . hundred head The
Big saltwater. Montana. pool runs beyond 100000
pounds The 0aatin Valley pool markets $4,000 pounds
annually. pool at Ingomar sold 100000 pounds last
year and marketed 100000 eve lambs In addition The
Roundup pool also In Montana, totaed 100000 pounds
Then there the Carbon county and the Beaverhead
pools also with vast poundages The Montana pools
continue to grow larger each year.
Wool growers realizing that they must stick to-
gether suffer reduction in prices for the wool bust
ness overhead is tremendous that wool warehouses
naturally try bear the market The capital required
to handle q commodity Of such tremendous quantity
l0r&eScdle eSpSCaaAy
shor-term loans cost lot Of interest," when money for
such purposes Is not cheap 1t was few years ago.
The wool corporations firms and dealers long time
In getting their money out Of their stocks Where they
advance Of the price at the time Of making the
contract thus allowing the Of the advanced
for almost six months they often do not get the
wool 50 bought their hands until late In the year.
pressure of their overhead may be imagined That is
why they try to keep wool prices down. and keeping
prices down is what ought to drive the wool growers
together for mutual advantage.
That Is why 1t is important to maintain cooperation In
state like North Dakota. Wool growers Of this state
have not always been enlightened conditions
the economies Of the wool trade. Individually the Da
kota wool growers in the business too small scale
to expect best results for to the buyer the small grower
is likely to be somewhat negligible quantity To get the
buyers attention it is necessary to combine small guam
ty into large volume and that possible only by pool
Ing arrangement The Slope pool is an important Or
ganization to the wool men Of this but state pool
would be better The Agricultural college has labored
untiringly for several years this sort Of pool and
eventually it would the interests OF all would be
better served If the Slope pool combined with this state
organization It did market through 1t last year. but II
the Slope wool willing to accept the benefits Of
the state organization it would seem more than re-
cprocal cooperation to enter into State pool membership
The steps taken Wednesday ultimately may lead up to
this Expansion Of the Slope pool and its incorporation
be devoted to peranency Of the Slope combination
II that be desired. or it be made the first step to
merger In the state body
Owing to overhead stress in the wholesale wool trade It
Is believed that pressure will be exerted this spring to
bear down primary prices. II that be the prospect it Isl
al the to the interest Of the wool growers to COM
bne into artigt cooperative association to protect
their investment and productic The Slope pool Is such
. means