The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1901-01-22
LONDON WOOL MARKET.
Prices Continue Firm and Purchases
Large.

1881 .f#...-. A01kVs
London. Jan. 1S-Offerings at the
auction wool sales today numbered
13, $50 bales. Good secured Merinos
brought extreme prices, the home and
continental representatives purchasing
actively. France was a free buyer,
and a few good lots of the best greasy
Victorians were take for America, full
rates being paid for the same. Cross
breeds were in fair supply and met
with a keen demand. Fine haired
secured sold ~ to 10 per cent higher.
Cape Of Good Hope and Natal snow
whites sold dearer.
Following are the sales in detail:
New South Wales $500 bales
secured Cd to 6hd; greasy 6 to 1od.
Queensland 2,200 bales secured 74d
to Is 7Ad; greasy ~ to 10d.
Victoria l, 900 bales; secured 6hd
to Is I'd; greasy ~ to 111ad.
South Australia 400 bales; greasy
~ to lOd.
West Australia 600 bales; greasy
AZ to 71ad.
New Zealand 1900 bales; secured
6hd to Is sd; greasy "A to lid.
Cape of Good Hope and Natal 2, 200
bales; secured 101ad to Is sgd;
greasy 81 to 7Ad.
Buenos Ayres 800 bales; secured
nil; greasy 3A to 6Ad.
London, Jan. 19-Offerings at the
wool sales today numbered Is, 1859
bales. Bidding was generally at pre-
vious rates. Selecters in some cases
asked an advance without result. AS
a consequence 2,510 bales were with
drawn. Competition for fine scoureds
was good, but the commoner grades,
which were in large supply, were
slow. Merinos sold freely at full
rates. Crossbreeds, which totalled
over one-third of the offerings, sold
largely to Yorkshire. Offerings next
week are announced as 81, 900 bales.
Today's sales in detail follow:
New South Wales 4 1900 bales;
secured greasy 4 to 10d.
Queensland 1000 bales; secured
SID to Is 6hd; greasy So to 10d.
South Australia 200 bales; secured
11bd to Is 2kd; greasy Sd.
Tasmania 100 bales; secured 81 to
Is Id.
Cape of Good Hope and Natal 600
bales; secured lid to Is 2Hd; greasy
sd to I'd.
The arrivals for the next series Of
sales amount to %, $40 bales, including
1850 forwarded direct to spinners.
The imports Of wool during the
week were as follows: New South
Wales 80; Melbourne 1854; South
Australia 903; Port Augusta 1859;
Cape of Good Hope and Natal 997;
Singapore 3,167; China 40.
The Boston Market.
Boston, Jan. 18-The Commercial
Bulletins report of the wool trade
will say tomorrow: The sales of the
week have been 1895 bales domestic
and l, 9l7 bales foreign, against 6, 1865
bales domestic and 1866 bales foreign
for the corresponding week last year.
The receipts since January /, show d
decrease of 2, 700 bales domestic and
3,114 bales foreign compared with the
same period Of last year. All statistics
of sales are bogus, as the ironclad oath
of Boston dealers to suppress exact
information still holds in the trade.
The demand is good and better dis
tributed. The American, Wanskuck,
Manchester and Lorraine mills have
led buyers this week, including some
smaller mills that have not been in
the market for months. Prices have
not generally advanced, but there is
more cutting of the basis for fine ter
ritory, which has formed the bulk of
the sales, to a lower level than A
cents.
An advance of 4 to ~ per cent in
London at the auctions has increased
demand for Australian wool in this
market and quarter-blood crossbreds
have advanced l cent on the secured
pound. American purchasing in Au-
stralian has increased this week and
our total takings will be nearer 80, 600
bales than 20, 900 bales, originally an
nounced as the total.
QUIET AT CORBIN.