Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1902-07-09
Market Opens Strong at Billings and
Prices Paid Give Encouragement
TO Growers.
ALL EYES ARE ON MONTANA
At Great Falls Active Selling viii be
lnaugurated Tomorrow-Many
Buyers on Hand.

Reviewing the wool market for the
past week, the American Wool and
Cotton Reporter, says:
There has been a free movement
in territory wools, with prices firm and
tending upward. The large mills have
been buying. although the American
Woolen Company has not as yet ap.
peared as an active factor in the mar
ket The purchases of the mills out.
side of the combine, however, figure
up large total, and some good-sized
lines have been moved. The demand
has extended from choice fine stock,
selling at soc and above, down to low
woods which have brought 3Sc. Quite
a large line of medium territory has
been taken ct 40c. This was secured
wool. New Mexican has sold quite
freely at prices ranging from 47c
clean, for some of the finest, down to
25 and 2Sc for some lof the coarsest
grades, the bulk of The business being
done within the range Df 3S and 43c.
Fine medium clothing territories bring
45 and Acc clean. Dead fine terri
tories sell for b0c, clean, and some
choicest Nevadas have brought a high.
er price. Sales of fine land fine me.
dunn together are noted at 46 and 4Sc
Some Dakota semi-bright wool sold
at 16Ac in the grease. Fine medium
Montana told wooD has sold at 16
and lie Idaho fine medium has been
sold at 4S and Acc, clean. Among
the sales of the week was one OF
10000 pounds fine territory at 48c.
All eyes are centered on Montana
now, and from the way in which some
of the earliest woods have been taken
the conclusion is drawn that the wool
season in that state will he character.
lied by strong and advancing prices
One clip, which brought 1850 last
year, has been taken at 13hc, but
this years clip was not as good as
last years. AT Great Falls transac
tions are already reported at 16c. II
Is expected that the woods of that
state will be rapidly bought up.
In the Billings Market.
Billings, July 7.-Today's wool sales
showed much activity, but prices did
not come up to those of last Saturday,
The sales amounted to 216,000 pounds
the largest of any day SO close upon
the opening market. with prices rang.
ing from 10Ac to 1890. In every in.
stance prices are from 11ac to &c high.
er than those paid for the same clips
last year.
Two growers refused to sell, the
prices offered not being considered
high enough. Several more buyers
reached the market today and will
remain here during the season.
The sales made were:
James Hogan, Red Lodge, 10000
pounds Wyoming at 13c, to Brown
& Adams, American Sheep & Land
Co., owned by Cans & Klein of Hell.
ena, $4,000 pounds, a. 13&c, to j.
Koshland & Co.; the same company
sold to the same parties 5000 pounds
buck at 12c. Mrs. Burt of Townsend,
10000 pounds. at 11%c, to jeremiah
Williams G. Co.; H. Berg of Townsend,
IL 900 pounds, at 10Ac, to ]. Koshland
G. Co.. Fisher & Beatty of townsend
$4,000 pounds, at 12kc, to Dewey,
Gould G. Co.; Marks & Kanouse OF
Townsend, 10000 pounds, at 12ssc, to
j. Koshland & Co.; NJ. |. Draper of
Junction refused a bid of 12ssc Of
fered for his clip Of $4,000 pounds by
jeremiah Williams & Co.
These sales took place at the North.
ern Pacific warehouse, at the Burling'
ton warehouse this afternoon but one
clip was opened. being that of I. d.
ODonnell of 10000 pounds. The high.
est bid offered was a trifle better than
12 cents. by jeremiah Williams & Co.,
but Mr.. O'Donnell refused to part with
Il.
At Great Falls.
An attempt was made yesterday
morning to start business in the Great
Falls wool market, but it was not very
successful. Only two small clips were
offered and both were very wet, hav'
ing been on the road from the ranches
for two weeks and in several rain
storms. The clip Of Frank Degner,
about $4,000 pounds, was sold to I. s.
Barraclough, representing j. kosh'
land & Co. of Boston, at 1319c. Mrs
George Edwards offered a clip of 1Oi
900 pounds, and the highert bid for it
which was a low one, was made by
F. w. ThGyer. representing Whitman
Farnsworth G. Thayer of Boston. The
bid was kept secret and telephoned
to Mrs. Edwards, who has not YET
accepted it.
It is not likely that any clips will
be offered this morning, as few com
plete clips are in the market.-Trib
une.