The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1901-02-22
TERRITORY GRADES PRINCI-
PIE ONES AFFECTED.
MANUFACTURERS WIN OUT
Large Holdings and Desire to Sell
Place Advantage with
Buyer.

prices of wool q shade This is prin-
cipally the case in the territory grades.
While there has been more activity in
the market this week, yet the demand
is confined to purchases for immediate
use. The manufacturers are disposed
to pay on a secured basis of A to 45
cent for fine medium and fine territory
woods and enough in the trade are in
clined to meet this demand as to make
it a fair quotation in the market.
This is no doubt caused by the con-
siderable holdings and there is a desire
to sell, which gives the buyer the adj
vantage.
Ohio and Pennsylvania fleeces Xxx
and Xxx above, ~ and 20; delaine 80;
quarter blood washed ~ to 80; coarse
and braid washed rs to 26.
Michigan, Wisconsin,, etc.: Michi-
gan % to 80: No. / combing ~ to 20;
No. 2 26 to ~; quarter blood washed
26 to ~; coarse and braid washed 25
to 90; fine delaine "a to 25.
Territory, secured basis; Montana
fine medium and fine Is to II; secured
a to 45; staple AZ to 4S.
Utah and Wyoming fine medium and
fine ID to Is; secured 40 to 43; staple
10 to 46. Idaho fine medium and fine
13 to 14h; secured 40 to 43; stale As
to 46; No. 2 medium Is to IS; secured
40 to AZ.
Australian secured basis, spot
prices, superfine nominal 70 to 10;
good 65 to 81; average So to IS.
Boston Wool MAJ ket.
Boston, Feb. 2O--The Boston Wool
and Cotton Bulletin Reporter will say
of the wool market tomorrow: The
wool trade has rather increased in
activity the past week and rather a
large stock has been moved. We
figure the sales at over 6, 1000, 900
pounds, included in which were some
good sized lines of territories secured
and medium ~fleeces. There has been
considerable pressure to sell and as a
result have in most %instanc-
es been able to c wool at par
ticularly low prices, except territorial
woods, which are now selling very
close to the level of values prevailing
at the time when the boom of 1889 was
started. Sales for the week in Boston
amounted to 5, 1905, 200 pounds domes-
tic and 965, 900 pounds foreign, max
ing a total Of 6,270, 200 pounds,
against a total Of 4, 636, 800 pounds for
the previous week and a total of
2,371, 900 pounds for the corresponding
week last year.
The sales since January l amount to
"a, 46l, 400 pounds, against 20, 205, 600
pounds for the corresponding time last
year.
Boston, Feb. 21-The Commercial
Bulletin will say in tomorrow's report
of the wool trade: The receipts of
wool in Boston since January l have
been ID, 294, $50 pounds, against 49,
$50, $50 pounds for the same period in
1900. The shipments to date are 49,
900. 657 pounds, against sales of 3d.
232, 500 pounds for the same period in
1900. The total stock on hand Janu-
airy /, 1901, was rs, 1909, 500 pounds.
The total today is Sc, 500, 632 pounds.
More spectators are throwing wool
overheard. The banks in the west
are weakening, wool having dropped
below their advances.
Sales are free. The most notable
sale this week was a lot of 1 1000 bales
choice long Australian woods at last
weeks rates Of 6 cents clean for 70
cent quality. The wool was bought
at the top Of the market last year.
The net loss is $50, 900. The new
American clip has opened in Phoenix,
Ariz., on a basis of 10 to II cents to
the grower, against Is to 16 cents last
year.