Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1900-01-15
FOR THIS YEARS CLIP
BUYERS WILLING TO CONTRACT
FOR 1T AT 20 CENTS.

II know of W cases where eastern
wool houses have tried to contract Cor
1900 clips of Montana wool at 20 cents
per pound. What is more, I believe
that a better price than 20 cents will
be paid for some Fergus county clips.
In fact, I think as high as 25 cents viii
be paid at Great Falls during the COM
ing wool season.
The speaker was F.. F. Wright, cashier
Of the Bank of Fergus county, who is
stopping at the Helena says the Herald.
He made this statement to a Herald re-
porter today in no idle manner, but with
the d~eliberat1on of a man of business who
knows whereof he speaks. Mr.. Wright
is not the sort of a man to give vent to
idle or wild expressions, neither does he
seek newspaper prominence. He speaks
ex cathedra, as it We're, when talking Of
wool prices, for he makes his home and
has all his interests in the banner wool
producing county if the state. His con-
nection with one of the leading financial
institutions of Montana places him in a
position to know the foundation upon
which are fOunded any statements he
may make respecting business conditions
in Fergus county. y
Mr.. Wright said it was an absolute
fact that wool houses were seeking al
ready to contract for Montana wool at
the prices named. What was more, he
would not, so far as he was concerned.
recommend to any one of his acqua;nt-
ances engaged in the Woo business that
they contract to sell their clips for the
year 1900 at even the advanced price.
He bases his belief upon the increased
price to be paid for this years clip on the
fact that the manufacturers are rapidly
eating up the visible supply of the flescy
product and that the winter bids fair to
be mild. He a that at the best the
sheepmen would not have to feed their
fiochs to exceed forty days, while every
one had hay sufficient for two months
steady FEEDING. So far, none of them
here had to feed a pound of hay. The
m1!oness of the winter will result in long,
heavy %t1eeces, assuring an increased
price. Last year the fleeces We're light.
but even then better prices were received.
MI. Wright said that tn average price re-
celved for Fergus county wool last year
was about Is $40 cents per pound. He
looked for an average price this year for
that county's wool of 20 cents, with some
clips selling, as stated, as high as Is
cents. -
Besides the good times for the sheen.
men, Mr.: Wright said that mining inter-
ests OF the county were looking up. The
operations or the extensive cyanide min
ing plant at Gilt Edge had proved very
successful. The near future would see the
erection or another cyanide mill in the
same vicinity for the treatment of ores
to be extracted from a group of claims in
the locality from which the Gi.taEdee
company Is taking its ore. The new min
would be put up by the company that had
bonded the New Ena mine in the ga M
range of mountains, and had recentiv
closed negotiations for a group near Gill
Edge. ""s
All of these good times were not con.
fined to Fergus county. He believed the
state had cause to rejoice from
business improvements M that the nro-
liabilities Of republican success in ~
tana We're bright. -'