The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1902-10-07

mills as well as the mems year mills
have been in the market, but the
formers purchases are insignificant
compared with those Of the latter. In
addition to the business actually put
through q good inquiry Is noted for
sample bales, which may 1cyu.!.. in
some good sales during the next wech
or tws7. and 9 general interest is mani
tested In wool o. the part Of Ll,ase
Who have rot as yet made uu ,,,.c.r
minds to lu..
Three Factors.
The three factors in the situation
are the enormus consumption Of
wool, reduced supplies and the posi-
ton of affairs abroad. Advices re-
ceived this week from London and
Australia intensity the strength Of
the situation here. At the London
sales now progressing, selections Of
merinos are poor, and the market
there has further hardened SO that
prices for good merincs are fully 10
per cent higher than at the close of
the preceding series. C~rossbreds
have remained firm at opening ad-
vances and have been taken quite
freely for American account when
ever any suitable lots have been Of
fered. The markets in Australia are
likewise strong and the Adelaide
sales opened, it is reported, Is per
cent above last year on good merino
stock. What few Australians there
are in this market are being taken at
extremf prices, and the outlook is
that the new Australian clip will be
eagerly sought for.
Territories.
Territories have been highly active.
Large blocks have been moved. in
Guiding Montanas, Idahcs, Wyomings,
fine Nevadas and some Utahs at
prices within the range of quotations
previously given. For Montanas 1Sc
has been paid for staple. medium and
three-eights, equivalent, it is under
stood. to 5O@52c, clean. Some ex-
ceptionally choice, light shrinkage
wool Is reported to have sold as high
as .21c and better. Choice fine Mon
tana woods have commanded 18@19c
Fine Nevadas have sold at prices
ranging all the way from 52@55c,
clean. Medium Wyoming has sold at
16@17c, and medium Idaho at, 15c.
One large mill. which secured a gov
eminent contract for blue navy cloth,
is reported to- have been figuring on
100000 pounds of fine and fine medi-
UNI clothing Idaho. Fine medium
clothing has sold at 46@48c, clean;
fine, 49@52c, and fine, selected staple
at 52@54c. Medium territories have
sold at about 42c. One good-sized
sale of fine and fine medium territory
is reported at Ice. The wool was Of
light shrinkage and cost only 46@47c,
clean. This was nice wool and the
purchaser got a bargain. Generally,
however, as before stated, full prices
have been realized. Some good-siz-
ed sales of No. 3 Colorados are re-
ported to have been made at about
35c, secured, and for desirable stock,
34hc is bid. There has been a good
demand for New Mexican secured
woods at about the same price.
Receipts.
tN rrho ,o,o;,+, 81 wool -, Doc4o, tbic
week, last week and for the CORE
spending week of last year are as fol-
lows:
This weeks, domestic, 10, 563 bales;
foreign, 576 bales; total, 11,139 bales.
Last week, domestic, 12,2s1 bales;
foreign, 3,766 bales; total, 16,o47
bales. Last year, domestic, 1906
bales; foreign, 1897 bales; total, 49,
COB bales.
The total receipts since January ! y
have been 634,7oO5 bales domestic and
3116.o76 bales foreign, against 533,4T
laIes domestic and 107,345 bales for
eign for the corresponding period of
1901. This is, an increase OF 101,3O3
bales domestic and an increase of s.
555 bales foreign.
Shipments of wool for the week end
ing September 90 are as follows:
Tuesday, September %, 514.711; Wed
nesday, September "a, 307 1850; Thurs
day, September rs, 967, 1865; Friday,
September 26, 725,225; SATURDAY., Sep
TENDER 81, 1885, 45; Monday, Septem-
Ter 30, 8O3, sos: total 4,S59,111.
This shows a decrease of 953,935
pounds over the shipments of 5,S1S,-
O46 pounds for the previous week.
Since January 1 the total shipments
amounted to 100000, 969 pounds.