Great Falls tribune. [volume] (Great Falls, Mont.) 1887-1890, 1888-07-21
WOOL AND CATTLE.
CLOSE OF THE THIRD SERIES OF
WOOL SALES IN THE LONDON
MARKETS.
Competition Brisk to the Close of the
London Sales---Large Live Stock
Receipts IN Chicago---Prices
oUa4. #...l. Active, o" ~. ...u

|
Of wool sales closed today. Competition
was exceedingly active, though there wa
much thinner attendance. Eleven thou
sand and twenty-nine bales were offered
The total that passed under the hammer
during the series were $780, O757 bales, ovel
half OF which was taken for export, in
cluding about 10000 bales for America
mostly Australian. As compared with
May Australia greasy combing and better
classes Of secured advanced one half
penny to one penny. Other kinds were
unchanged, except cross breeds, which in
response to lower prices for English wool
fell half-penny to one penny. Superior
Capes were half-penny higher. Natal
greasy, although less marked, made a
similar advance. Otherwise cheap woods
were at par. The fourth series of sales
will open September 49, The quantity
to be offered for sale will not be limited.
SALES AND RECEIPTS,
BosToN, July 13.-The total receipts at
this port during the past week comprise
2O,05O bags domestic and 2,741 bales for
eign, against 28,464 bags domestic and
222 bales foreign for the same time last
year. The total receipts since January l.,
1883, comprise 14S,656 bags domestic
and 71,473 bales foreign, against 2a1, ,543
bags domestic and 54,733 bales foreign
for the corresponding period of 1887.
The sales for the week comprise 2,316,-
600 pounds of domestic fleece and pulled
and $4,000 pounds Of foreign making
the weeks transactions foot up 2,s44,2OO
pounds against 100000 pounds for the
previous week, and ,19S,5O0 pounds for
the corresponding week tast year.
The market has been more active dur
ing the past week, but no Improvements
can be noted in prices. Values are still
on low basis, and there is nothing in the
immediate future that would indicate
any improvement for some time to come.
The mills are very lightly stocked as a
rule, but with the present weak condi-
tion Of woolen goods they do not want to
have any supply Of wool to carry. The
market here at present is lower for
to buy than any other place
in the country, and from the larger bust
~ a,, W. - week it would look as if
THE MARKETS STILL QUIET.
NEW YORK. july 14.-Bradstreet's
says: No increase of activity appears in
the wool trade at any point In the coun-
try holders are generally asking more
than eastern dealers are willing to pay.
Until the course of the market is better
developed buyers, both at first and second
hands, bid fair to operate with the utmost
caution. While the manufacturers are
samples for lightweight goods,
they are not bringing them out, and are
uncertain about their future requirements
in the way Of stock. There is also pos
sibility that congress will put wool on
the free list. In view of these circum-
stances no buying for future consumption
is anticipated. The most that the mills
are doing, or seem likely to do for the
present, is to take additional supplies for
running out goods already ordered. In
Ohio and throughout the west generally
there is comparatively little activity. A
moderate increase in the movement of
Michigan wool is reported. Shipments
to some extent from the territories are in
progress.
GENERAL WOOL NOTES.
The wool merchants and consigners
who have made shipments find the all
rail route much better and cheaper than
that BY way Of the river, even when the
rates are the same. They assert that it is
cheaper to send by rail even when the
rates are higher, which they are not.
When the bother, risk, insurance and de-
Law are taken into account the rail route
is fully 25 cents per hundred better than
the other.
Agent Kelly has advices that the Man
itoba railroad has reduced the rate on
wool to $1.95. This is for rail and lake
shipments. For all-rail shipments the
rate is still So.
The North Montana Sheep company
sold their wool yesterday to Mr.. Putnam
The wool which is stored here has good
reputation in the Boston market. MI
Putnam bought the clip last year and
knows its merits.