Daily Yellowstone journal. [volume] (Miles City, Mont.) 1882-1893, 1884-09-13
RANGINGS.
Cattle and Sheep in the Eastern
Markets-Better Prices
for Montana Wool.
A Chicago View of Growth and
Future OF Our Great
Industries.
A Genteel Stranger Makes a
Raise and Suffers Therefor
Minor Court Matters.
The Wool Markets.

Dur wool growers who have held
their product have good reason to be
pleased at the course of the markets
during the past month. Prices have
moved upward steadily and a much
better feeling Is noticeable. Brad
streets report Ist received says: 1.-THE
situation has undergone very little
change during the past week. The
general inquiry has continued good,
particularly for staple and fine woods,
but the scarcity Of the former and the
stiffening views Of holders of the latter
have prevented free movement. All
desirable lots Of unwashed woods have
met with fair sales, and carpet woods
have been i'm fair demand. The gen.
eral volume Of business, however, has
not been SO large as In some previous
weeks, as a good many mills have
made provisions for near requirements
and are not now 80 urgent In their de.
mands for fresh supplies. Assort-
ments of some descriptions have been
much broken by recent large sales,
and this has restricted business with
some houses. Generally, however,
the supply is ample except Of combing
and delaine woods, Of which the Offer
ings are very small In all markets. As
regards values. the position IL very
firm at all points. Interior markets
have advanced more rapidly than
those ON the seaboard, and II Is din.
cult TO buy woods In sny section of the
country at prices that will admit of
profitable resale ON the basis of ruling
quotations in Boston, Philadelphia aud
New York. Manufacturers are COM
peting with eastern operators In the
fine-wOol sections, and the offerings
from second hands are unusually light
for the time Of year. A good deal Of
wool Ii doubtless held back by grow
ers, who have been unwilling to accept
recent offers Of eastern dealers. but
advices from most points indicate
that more wool than usual ut this date
has been bought up either 10y dealers
or manufacturers. The general posi-.
ton and prospects of the trade are en-
couraging, but any further material
advan re In values Is not regarded as
probable until the general bust
ness and industrial situation
shows evidence Of Improvement.
At Boston the movement of wool has
been active, aud prices have been
easily upheld. The conviction on the
part Of buyers that fine heeces are
likely TO 20 at least no lower for some
time to come was alluded 10 week
ago. During the last few days this
view Of the situation has gained fur
Their adherents, although quotations
are not mat erially affected thereby.
Choice woods are held with note
worthy firmness, and an advance IL
generally anticipated. The demand
for unwashed wOols In likewise very
decided, California spring going at
l5c. and thence up to DC. for the very
best lots. Salee OF the medium quail.
ties have been heavy. There have
also been large sales Of Texas, terri
torlal and western woods ut last weeks
prices, l7cGa5c. n pound. Pulled
wools, contrary To the general course
OF the market. have been COMPARE
lively dull. selling 1t is@s0c. for com.
mon and choice supen. The sales Of
the week of all kinds have amounted
to 3,sls,O00 pounds, 10000 less than
last week, but the volume Of trade has
been fair, the sales reaching total Of
1850, 900 pounds, oil grades. Values
have ruled very firm, hut show no
quotable change" ..