The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1899-06-30
EIGHTEEN PAID AGAIN
The Billings Wool Market Ia
Quite Brisk Again After a
Few Days.
BUYING BY SEALED BIDS
Good Prices Prevail il-GrOwers Are
Huppy~-The London Mar
ket Advances.
~
BUYING BY SEALED BIDS

The wool market in Billings has been
quite brisk the past two or three days
and the prices Eaid have made the sell
lels happy, while the other growers
have begun to think there in certainly
II harvest in store for them. Again
the lS.cent mark has not only bee,
touched, but bettered, and it is safe tt
presume that all the good clips will be
bought up at the same, il not at ever
better prices. The eastern buyers have
formed themselves into pool and are
purchasing wool Oh the sealed bid sys'
tenn This il the same system in vogue
in Great Falls, which has given such
general satisfaction to both growers and
buyers. 1t makes competition sharpe,
and brings out better prices. If il
meets the approval Of the growers
as it should, it means q much better
market for Billings aud next year vii
bring not only more wool to this city
but three times as many buyers
The buyers now in Billings have haG
large placards printed aud sem
throughout the surrounding country
bearing the following announcement
lowing to the large quantity OF WOO
arriving at Billings and the large mum
Der Of buyers at that point, 1t las beef
found necessary to adopt the Great
Falls system Of conducting wool sales
and the buyers have agreed to buy
wools under the following rules-these
rules being the same under which the
Great Falls market has become 80 pop
ular with the growers Of Montana:
"Sales will be held ut the Northern
Pacific warehouse between 10 a. m. ant
10 N. every morning, and at the Bur
linRton warehouse between 2 p. IN. and
4 p. NJ. every afternoon, Sundays ex
cepted.
"All buying il to be by sealed bids,
and no bid ia to contain Il smaller frao'
tion than g of IA cent.
"In paying for wools all merinc
and merino grade buck fleeoes are to be
figured ut ona.half the price Of the
straight wool and tags at one.third the
price Of the straight wool. Tare--
-Four pounds per sack.
reject all bids. The buyer may pay 70,
the wool OH warehouse receipts or may
elect to have 1t reweighed, and pay on
reweights. as he may decide.
1.-THE sellers, on their part, guarantee
that their wools are honestly put up
and properly paoked.'
The clips sold since our last report
are:
Jas. Howell, $4,000 pounds, at l2A
cents to jeremiah Williams & Go.
This is Wyoming wool, an inferior
grade to that Of Montana, which 40
counts for the low price, although this
is about cent better than clips sold at
Casper last month.
9. 4. Frank, $4,000 pounds, at 10
cents, to Hecht, Liebman u Co.
W. j.. Allard. $4,000 pounds; Bert
Martin, 10000 pounds; Beardsley ~
Martin, 10000 pounds; T. A. Snidow,
25, 900 pounds; M. +, Trogden, 20. 900
pounds; all to J. G. Fraser. The exact
price Of each clip is not known, but it
il thought to be nearly 10 cents. Tho
Martin clip was contracted in May.
Owen & Duffee, 10000 pounds. at
~ cents, to Jeremiah Williams q Go.
Fulton. 25, 900 pounds, at 1873 cents,
to the same firm.
W. A. Hedges, 10000 pounds, at
1873 cents, to Nichols, Dupee 81 Go.
John Stanley, 1000 pounds. at 10
cents, to the same firm.
y Storey, 10000 pounds, at 10 cents,
to Dewey, Gould Il Go.
Murray, ll,000 pounds. at 1871
cents, to jeremiah Williams & Go. =
Two small clips have been put up at
the Burlington warehouse this after.
noon aud the buyers are bidding at the
time Of going to press.
Great Falls has done but little wool
business and very few buyers have
roaOhad thNt OOint vat Tho rush ia