The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1930-03-31
ALMOST
RECORD 1 Amount,
100000 POUNDS
Affiliation With National Mar
keting Corporation Assures
Ample Finances
ENCOURAGING TO GROWERS
Sufficient Crop Pooled to Sta
Billie Market and Satisfy
Manufacturers
ENCOURAGING TO W

Indications are that 5000, 0O(
pounds of wool, go per cent of the
states entire normal clip. will BIZ
marketed through the North Dakota
Cooperative Wool Marketing associa.
ton this year, it Is reported by A. G.
Bjerken, secretary.
This would be almost double the
amount handled last year,, 600 ,00c
pounds, which was the highest pre-
vious record for the pool. The state
clip is estimated at 100000 pounds.
Our utilization with the National
Wool Marketing corporation, the or
~ganization set up under the auspices
Of the federal farm board, not only
furnishes us with ample finances. but
assures by far the best control of our
product which we have ever had since
the attempt was first made to market
wool comparatively in the United
States" said Mr.. Bjerken.
THE announcement recently made
by 1. B. Palmer, president of the
National Wool Marketing corporation,
that at least 100, 100000 pounds of
wool will be pooled under control OF
that corporation this year is encopr-
aging to. wool producers. It is the
best assurance that we have ever had
that q national pool will be In posi-
ton to stabilize the wool market.
Officials of the corporation are
convinced that control Of 20. to Is
per cent Of the wool produced In the
United States would be sufficient to
stabilize the market. There is around
3,000, 900 pounds of wool produced an
nually in the United States. SO the
corporation is now assured OF control
Of 50 per cent Of the entire wool pro-
ductton.
sSt MARKET Poor.
The, wool market has been a very
poor condition for the last six months,
starting with the bad break in the
stock market. Since then we \havc
been on a falling market. Naturally,
manufacturers have been afraid to
buy.
with one-third of the nations en-
tire wool supply under control Of the
national corporation we believe this
situation will change and the market
well stabilized. Manufacturers will
have assurance that they may pur-
chase with safety. The somewhat
chaotic conditions which have char
actcrized the wool market recently,
should disappear.
The North Dakota Cooperative
Wool Marketing association is a
stakeholder in the National Wool
Growers corporation. Through that
a~ffiliatton we secure our funds.
we r advancing 81 per sheep as
preshearing advance to all members
Of the pool who desire it. We cx-
pect that around $500. 900 will be paid
out as preshearing advances to North
Dakota producers this season.
Advance 90 Per Cent
The association will advance 90
per cent Of the market value of the
wool to the growers at the time of
delivery OF the clip. Some of our
shearing Is done In April. but the
general shearing eason here is in the
months OF May, June and July.
"The North Dakota clip will be
assembled In car lots at county
points and shipped direct to Draper
and company, Boston, selling agency
for the National Wool Growers COR
poration. There 1t will be graded, and
in some instances. processed.
Draper and company do all the
selling and whatever processing must
be done for the national corporation.
They own their own securing and top
making plants.
IF marketing conditions warrant
and 1t seems advisable, they will
scour some of the wool with an acid
scourer. which removes all the grease
and dirt.
I'VE believe, with this complete
setup Of marketing machinery, with
all the funds needed, with the pres
tige Of the approval of the federal
farm board back Of it, the nations
wool cooperative organization af-
fords the safest system Of marketing
wool that has ever been devised in
the interest Of the producer"