The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1901-02-08
Low PRICES
RULE MARKET
WOOL TRADE AS VIEWED IN
BOSTON.
A LITTLE BETTER
Movement Continues to Show I'm
provement but at Expense
of Dealers.
DEMAND A LITTLE BETTER

W.
wool trade tomorrow:
There is a continued Improvement
in the movement of wool, but it has
been at the expense Of prices which
have ruled weak and lower, except OF
a very few grades, such as washed
delaines and quarterblood unwashed
%combings.
Some houses are willing to sell at
lower prices than others, SO that the
market is to a considerable extent an
irregular and uneven one, but it is
possible to buy nearly all grades Of
wool now at moderate concessions
from the prices ruling a month ago.
Foreign woods also, under the infu-
ence of the depression existing abroad
and the disappointing course Of the
London sales, are weak and a consid-
cradle amount of speculative Aus
tralian wool carried over from 1897 is
reported to have been disposed of in
this market in the past week or ten
days at a material concession in price.
The course Of the goods market thus
far has been a slow one. The present
volume Of orders is unsatisfactory in
size, but it is considered a healthy one,
as the clothing trade is pursuing a very
conservative course and such orders as
they have given a1e not likely to be
cancelled.
Taken altogether, the situation is
unsatisfactory, although it is crafty
ing to know that a basis has at length
been reached on which manufacturers
are willing to operate when they need
wool, but there is little satisfaction
for the wool merchants for doing bust
ness on the level Of today's market.
Sales of the week in Boston amount
ed to 3,114, 400 pounds domestic and
825, 900 foreign, making a total Of
8, 939, 400 pounds against a total of
3, 456, 900 for previous week and a
total of 3,412,O 900 for corresponding
week last year.
The sales since January 1 amount
to 10. 554, 400 pounds against 21,421,-
600 pounds for the corresponding time
last year..
London Wool.
London, Feb. 6-The offerings at
the wool auction sales numbered H.
OS3 bales, consisting mostly of new
clip stock. Merinos were in fair de-
mand. A good supply Of crossbreds
was bought freely by the home trade.
Cape Of Good Hope and Natal offer
ings were in slow requisition and
were largely withdrawn. Following
are the sales in detail:
New South Wales 4, 1900 bales
secured Cd to Is 4d; greasy 4 to 1Od.
Queensland 1900 bales; secured
Sd to Is sd greasy 81 to 10Ad.
Victoria 2, 900 bales; secured 4Ad
to Is 6ad; greasy 4d to lid.
South Australia 100 bales; greasy
7ato, Sd.
West Australia 1000 bales; secured
111ad greasy 5 to I'd.
Tasmania 100 bales; greasy ~ to
Cd.
New Zealand 8, 700 bales; secured cd
to Is 21ad greasy 3A to SGD.
Cape Of Good Hope and Natal;
1900 bales; secured Is to Is 1hd;
greasy 4 to SGD.
London, Feb. 1.-THE offerings al
the wool auction sales today numbered
10, 800 bales. The demand was fair al
recent prices.
Following are the sales:
New South Wales, 3,1OO bales
secured Cd to Is 3D.; greasy 3A to
81.
Queensland Zoo bales; secured Sd
to Is sd; greasy 61s to 815d..
Victoria 300 bales; secured 54 te
Is Sd; greasy AID to Is Id.
South Australia 100 bales; secured
Is I'd; greasy 71sd.
New Zealand 3,4OO bales; secured
Is; greasy Sd.
Cape Of Good Hope and Natal 100
bales; secured Is to Is AID; greasy
4 to Sc.
Boston Wool Market.
Boston, Feb. 5-The wool market
showed more life this week and the
sales show a liberal increase, although
it cannot be said that in all the sales
full former prices were paid. The bull
of the business was in the territory
grade with fine medium and fin.
staple in secured selling at 40 to A.
cents, whsIe the strictly staple article
calls for As to cents. Dealers in Au
stralian woods report a fair inquiry
and some importing houses have solo
good lines to leading manufacturers
Following are the quotations for lead
ing descriptions:
Ohio and Pennsylvania feeces Ky
and Xxx above % cents; delaine 20 t.
80; No. l combing 20 to 30; No. 2 ant
three-eighths blood 90 to 80; quartel
blood washed ~ to %; coarse ant
braid washed % to 26; quarter bloot
unwashed 90 to "a.
Territory, secured basis, Montana
and Wyoming fine Medium and fine 1!
to 16 cents; secured 40 to AZ; staple
AZ to 90.
Australian, secured basis, spO1
prices, combing, superfine nominal 2: