Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1897-07-14
IN THE WOOL MARKETS.
Demand Is Strengthening and Fourteen Cent,
has Been Reached. Sheep Selling at
Fair Figures.

During the past week wool sales
have been heavy at Billings, Great
Falls and also at Chinook, half a
million pounds being sold at the lat
ter point Thursday. Among the
clips sold at Chinook was that of j..
Thompson aggregating $4,000
pounds, which brought IA cents, the
top of the market up to date. The
buyer was F. l.. circuit, representing
Ballard & Hall of San Francisco.
The average price paid in the Chi
nook market vas 1915 cents, among
the clips being William Fergus,
$4,000 pounds at 12A cents E. Schluter
and c.. Jacobs at II cents.
s. S. Hobson sold AZ sacks at Great
Falls for 10Y cents and T. G. Power
2S2 sacks at LIZ cents.
The Great Falls Tribune says,
concerning the market: ut is ap-
parent that the buying is on a basis
of 40 cents, secured, i'm Boston, which
the market does not at present JUS
tify. The buyers are shrewd enough
to realize that the quotations at the
seaboard will advance. They are
specializing and there is no apparent
reason why the growers will not
share b advantages of the specula-
ton and the expected advance.
The wool schedule In the tariff bill
is known and there is no longer par
alyzing uncertainty. Growers who
did not expect IL cents have seen IA
cents paid before the season was well
opened and there is a general belief
that 10 cents is Forthcoming.
The buyers will return to this mar
ket and will find that the market
has been given a strong impetus.
Many growers state that they have
been about converted to the theory
of 16 to 1-cents per pound"
At Billings bidding is lively and
wool men happy. The Gazette says
the Lehfeldt clip, which as announced
last week was sold for 13h cents,
was purchased by w. j. Stratton for
Bach, Becker & Co., of Chicago, MIR.
lSth CSuiih liz Clip us fooH be
Mr.. Lehfeldt reached town and be.
fore other buyers were given an
opportunity to bid. Other clips sold
in the Billings market and which
were grown in Fergus county were
as follows: Robert Jones of Flat
willow to Bach, Becker & Co., 2O,OOt
pounds at liz cents; d. w. Slayton
81, ZOO pounds at II cents; j. w. New,
ton, $1,000 pounds at liz cents
Robert Milne, 1900 pounds AT Il
cents; John Ross, $1,000 pounds al
IL cents; James G.. Fraser 7,OOt
pounds at 8 cents.
The Gazette says that about
2,OOO. 900 pounds of wool have beer
received at that point up to wednes
day of last week, of which l,25O,O Ot
pounds has beer sold and shipped.
l.. p. SOuthwOrth of Nebraska
and VIM. Rea, of Trevor, Wis. are in
the field for sheep, says the Gazette
and nave already made purchases a,
follows:
MI Rea has mad the following
purchases within the past few days
One thousand head of 2 and 3-year
old wethers from Frank Cameron al
$3.50. Thirteen hundred head q
yearlings from NJ. F. Trask at pri
vate terms, it being understood that
the price paid was a fancy one
Both purchases are for Oct. LIST de
livery.
"Mr. Southworth has bought 9Ot
dry fat ewes of John It. Murphy a,
$3.50, and 100 2 and 3-year-olt
wethers from Fred Miller at $3.50"
The Boston Commercial Bulletin
recognized authority on the subject
says of the wool market:
Territory wool has fairly DOOMED
Everywhere here and in the west
Montana is advancing wool a hal
a cent a day. The Smith Bros. cliI
sold this week at lie. Round lott
are being bought at ~ cents clean
delivered in Boston. Last August
Montana staple was worth but 8
cents clean in Boston, and shipper
were begging Boston houses to tax
, their wool on consignment withOu
advances. Utah, Idaho and wyomin,
. are stripped bare OF wool and TO
, their product 4O@42 cents clean, de
livered in Boston, has been paid.
EARLY purchases in Utah tina
cost 35436 cents clean On the averag
have been bought in the bags unsor
ted at a profit of lac, the greas
pound, this week. A babe Ii
arms can sell territory wool thi
week and any school boy al pos
as a successful merchant.
1--WE advance all quotations. NJ
longer Ia there any territory, excep
defective, that IA be bought In tn
: grease at 1Oc. The scarcity of stapl
has turned violent attention to sue
[ woods, and for fine Idaho staple 430
45c clean has been paid this week
breaking a four years record"
The Husbandman of White Sulphu
Springs, reports b following sales
Louis Hoffman, who camel in fron
the railroad while on the Yellow
stone, sold ID. e. Folsom's clip O
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