The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1902-11-25

oo\ SASOAs "rz. H "#..E Il
South American markets are so high
that they prohibit importations on
the present level of the domestic
market, but there are no indications
that prices are going to break. Con-
tinental consumers were bare of South
Americans when the new season down
there opened and they have taken the
woods freely. Until the wants of
these consumers become supplied, it
does not look as though American
purchasers would cut much of a fig
ure; and it remains to be seen
whether after that, prices in Buenos
Ayres will decline materially. 1t must
not be forgotten, however, that there
is quite a large increase in the size
of the South American clip, but the
woods on the whole are reported as
more bury than usual, though other
wise in good condition.
Texas, California and Oregon.
In Texas woods some movement is
reported, but it is not a large enc. A
heavy trade is not expected in these
woods until We get into the heavy
weight season. Th~re is a moderate
demand for beth eight months and
- months. Choice IL months stock
has sold on the clean basis of 55@56c
and eight mon tbs ct 5O@52c. Sales
of fall woods are reported within the
rarge Of 45@47c, clean, or at 100
16Hc in the grease. New fall woods
continue to arrive, and some of them
must sell for more money in order
to net their owners a profit.
OF California woods some sales are
reported to have been made, but the
demard is net active. Supplies are
not burdensome, however, and stock
is net being freed for sale. Some
choice northern woods have been sold
at a clean cost of 52@54c. The stock
Of northern woods has been consid-
erably depleted and the greater por-
ton of the supply hele now is middle
county wool, which has sold to some
extent at ACC. New fall woc]s con-
true to arrive. In defective woods,
which have to be carbonized, some
business has been put through at
prices ranging from SO to &c, clean.
Oregon woods are very quiet, but
there are not many around now and
prices are strongly held. Nest of the
Valley woods in this market grade No.
3. Some No. / eastern has sold at
1S@19c, the best CT it, it is reported,
costing in the neighborhood Of 55c,
clean.
~ Territories.
The market for territories mas been
quiete1, yet . few gCod:sized lines
have been taken and the tone of the
market as to prices cortinues .trong,
scme of the houses being well sold up
on certain grades. Nice file wCols
are car and st1ong, some of the
very finest and desil able Nevadas be-
ing held as high as Coo, clean, but no
sales have as yet been made at such
a high quotation. OF mediums and
frd mediums the supply is larger, but
prices of the latter are strong as the
demard seems t. be tending more to-
wards these woods than formerly.
There will be no surplus stocks Of
territorial wcols carried over and
prices show no weakres7. Anything
that possesses good value and has
price attractions is qui KY aiken. Ev-
cry enc is feeling wo''' even if the
volume of trade is not as large as it
was, and the situation with refe1 ence
to territory woods is felt to be a very
healthy one. The buying has been
practically all done by consumers, al
though dealers stand ready to buy
whenever any ching is offered that is
even a trjfe under the level of the
market. Low territories have been in
especially good request-wools cost
ing 36@3Sc, secured. Choice staple
Montana has sold at 55c, clean, or at
zoe in the grease. A sale of especial
ly light wool is claimed to have been
made even at. 21c. Fl1ther sales OF
fine and fine medium Wyomings have
been put through at 14@16c, or at
4S@50c, clean. Fine medium Utah, in
fact, has sold at abClt those quota
tons or close 70 a holf dollar, and the
wool was net very long either. Scour-
ed Colorado wools cortinre active
with sales at previous locations.
Thus far Sic, clean, has been the
highest price 1celized SCI choice fine
staple. Choice fine clothing has sold
at 53@55c; ard fee M lium at 4S@