Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1889-07-25
AND WOOL INTERESTS OF THE GREAT JUDITH COUNTRY.
HIGHER WOOL.
And the Price Of Woolen Goods Goes Up in
Proportion.


lI.radstreet's.
Wooden cloth and the clothing made
from it, as well us the raw material,
have been remarkably cheap for sew
eraI years. From all appearances the
range of prices during the next few
months will lie somewhat higher, all
the way up from the ilosre just taken
from the Sleeps back in Texas. Cali
fornIa, Montana or Ohio tn the mans
finished suit or the woman's dress.
TO begin at the bottom, wool in he
seaboar,l markets * selling ut an AL
vance Of four to six cents per pound
above the values which were current
last July, while in the country buyers
are paying prices relatively higher yet
The cause Oi the increase IN values is
not plain in all respeets. Unusual lie
manj certainly cannot be considered
u factor, for, though wool has gone
into consumption fairly during the
past lew months, there has been no
extraordinary request. Until lately
the supply Of material has not been
regarded as deficient. but intimations
of n shortage of clips in variois co,in-
tries are now coming to i@ heard. and
the strength Of the market with the
advance IN prices may lerhap, .@ at
tributeei IN the main To this state al
things. Values have been firm, ii not
all the time advancing, during the
past two months, at London as well
as in this country. Colonial wool in
that market is worth not less than
Id per pound more than during the
May sales. IN the principal American
markets =, in like manner, at the begin
ming al The summer the supply Of the
staple was as small as il often get =.
and there were no accumllatiOns NJ
the MILLS, manufacturers, almost with
out exception, having bought during
the past year very little ahead 0f their
actual requirements. \ great deal Oi
wool has been selling OF late to arrive.
One authority asserts that "every in
dication points tn II somewhat short
wool clip while anOt her adds that
"'this potent influence cannot he winked
out of sight, that the supply Of wool
all over the world is actually short. q"
Ii this turns out to he true the main
tenance of strength in the domesti H.
money market, demand cont in,line
steady, would seem to he assured.
In the goods market the relations OF
supply and demand are somewhat
different. The natural order OF things
would be, first, an active request ior
woolen fabrics with only a moderate
accumulation, and then an increa sed
demand and higher prices for the raw
material. As u matter of fact, the
wool market has improved first. Large
amounts of clothing are still on hand
throughout the country, brought over
from last winter; the mills have salts
fed the request for fabrics in full, and
there has been no sudden enlargement
of consumption. The clothiers in lac,
report that the spring trade WAS un-
profitable, and see no signs OF an early
Improvement. As "A rule they will not
buy again in any considerable guam.
tity for two or three weeks, and hey
are gong to nay to the manuiact urers
the advance required by the higher
cost of wool with great deal of re-
luctanre, IN view of the anticipated
difficulty in get ting enough more for II
stlt oi eliot hes to make good the extra
=. 10 or > cents n yard for the cloth.
Ii the wool market holds where it is,
however, Tor any length oi time higher
prices for hot II WOODEN cloth and WOODEN
eliot hing, quality for qtialii V. can hard
ly lie avoided.
The WOODEN and worstcd manniac-
turrrs. as n rule. expect Ia get enough
more than last year ior their olii put
to make good the addition cost oi
the material that they consume. Mar
gins are so small that, Tor the weak kel
concerns, any other outcome means
rum The American Wool Reporte 81
puts THE sii uation IN ltshell III
tins interesting fashion: worried 10y
wealthy ywool-growers' chOked, cheated
aud craniped by I he commission hous'
system oi selling his goods, and tor
m"nted by trusts among makers ol
card clothing, packers of teasels and
dealers u, nearly every variety oi mil
supply, the CONDITION oI the don-si Il
WOODEN NM owner has become pifiablt
IN the extreme. The wonder Is not hat
we are called upon to cironicle 81
many IailureS among wooden mills IL
New England and Philadelphia Oi late
bli rather that there have not been
more ot them. Various manl,iactu
rers oi cas>''neres, especially cotton
mixtures, have already opened theii
lightweight stnifs AT . per cent ad
vance thoi'sil the best All WOOL go0t'
are as YET 10 be put upon the market
Tins increase oi price Is probably th'
MINIMUM. Where quotations arr
made ON the plane of u year agoit WI
he found, as rule, that styles, Inal
ny or other particulars have beer
changed. some al the leading worste
manufacturers are Offering their prod
uct at an advance OF ~ to 10 pei
cent, ana tins seems to he looked OI