The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1902-11-25
WEEKLY REVIEW OF BOSTON
WOOL MARKET,
IN SOME LINES
T Territories Remain Strong With Low
er Grades Much Sought for
Situation Healthy One.

Boston market amounted to 1879, 900
pounds. Among them were 1850, 900
pounds territory at from 13 to 20
cents.
The market has been decidedly
quieter the past week. The great
majority of consumers have, CT course,
taken large quantities of wool during
the last few months, and. the buying
fever is apparently over, says the.
American Wool and Cotton Report
er. At any rate the shrewdest observ-
ers in the trade believe that in view
of the liberal manner in which coz
sumers have supplied themselves this
fall with wool, whatever renewed
buying there may be in the immedi-
ate future will necessarily to a consid-
cradle extent be CT a specula tive char.
acter, or largely in anticipation of
wants which may be some distance
ahead. Of course there are special
needs tc be filled oil the time, eud as
IL 1!l11o al - uGIS WALL oluClo III
goods, it is generally believed that
the filling of these needs will be re-
f1ected in the wool market, but there
are several who express the belief
that what may be termed the, heavy
buying is over for the rest CT the
year.
On the other hand, it is pointed out
that it is quite possible that a
facturers may forestall their needs to
an unusual extent as the fact is
brought home to them more and more
that the SUPPLIES of good woods are
getting depleted and that the mark
cts of the world are steadily edvanc-
ing, which prohibits importatio rs ex-
cept at advanced prices, and thct do
nestle woods must be relied upon
largely to supply their needs FIR the
next five or six months.
During most of the past week, how
ever, consumers have been c%onspicu-
GUS by their absence, although on
Tuesday a few of them were in the
market and a little more interest was
shown in the mark~t generally than
had been The c"se Tor several days
previous. Eut the demand ha. as a
rule shown no particular vim, and
such inquiry as has been received has
been mostly for the medium CO lowcr
grades of wool, including &creign
crossb1eds, which conotitut3 bv far
The bulk CT sGles reported C Tor
eign stock. All good secured wCcls
continue to be takcn at full pl cos.
Some of the dealers have taken a
few more secured woods, largely of
the fine medium order IT prices rang
ing from As to 4Sc, but most of the
of secured stock has been
by manufacturers, who are artic pat
ing somewhat their future needs.
Secured woods are now held so high
that there is not the opportunity to
trade in them among the dealers that
there was. 1t is perhcDs needless to
say that the supplies CT secured woods
are pretty we'll corralled erd are in
the hands of a very few houses.
Strong Position of the Market.
The market continues very strong
all classes Of stock. Supplies of
cx,ory%h;or oyo rn11 in horI on1 0n
some Lines there is a positive scarcity.
Territories are still, in pretty fair sup
ply, but of feeces, pulled wco's. Tex
as, Oregon and foreign wcols selsc-
are certainly limited; and even
of territCl'e s il is net as easy $ it
was for manufacturers to make lib
elal selections Ct what they we It al
going prices. The satisfied position
in fact is very strong, and it is not
seen how, even if tfcIa should
several weeks Of quiat business,
there could be any positive weaken
ing of prices.
Quarter-bIoods and cross-breds.
Latest cable advices from Buenos
Ayres are to the effect that wcols
there have advanced 5 per cent fur
.her. Australian cros,breds eIs very
irm and bid fair to be higher ct the
auctions which Ccen rGStl
Tuesday, and in view OF the strength
shown in these Woc,s which are the
chief competitors with our domestic
luarter-bloods. The market for the lat
.er is naturally regarded as in a very
strong position. There is a good
steady inquiry for this class of stock,
md prices are very FIRM Some west
IN consumers have been in this mar
let after such woods as we'll as east
I'm users, and their presence here has
'esulted in the moving of a consider