Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1902-06-25
Staple Montana Wools Sold on the
Boston Market During the Past
Week at Fifty Cents.
LONG CLIP SOLD AT SIXTEEN
T. c. Power Predicts Prices Will
Range From Twelve to Seventeen
Cents at Great Falls.

Reviewing the wool market for the
past week. the American Wool and
Cotton Reporter says:
A larger business has been trans.
acted in territories. Both the large
mills and small mills have been buy.
ing, although the combine has not as
yet operated to any great extent.
Some good-sized lines have been TAX.
en-, the grades running from fine to
medium, and the range of prices be-
ing from 40 to soc. and even higher
for dead fine stock and selected fine
staple. Both local and Philadelphia
mills have been represented In the
market. Some large blocks are under
consideration at this time. The sales
include both old and new wools-
largely the former, which have been
moved at the following prices: Fine
medium clothing. A and soc; dead
fine, As and soc; fine staple wools,
so and SIC. Some staple Montana
has been taken at soc. Medium ter.
ritory has sold at 40c. Some of the
new fine medium wools have been
sold on the basis of 46 and 4Sc. One
sale of something over a million lbs,
both old and new wool, is reported to
have been made at current prices
the grade being fine and fine medium.
Consumers are not as yet. however.
free buyers of the new woods at the
advanced quotations. and it has been
only the early purchased wools which
have thus far been removed. There
is quite an inquiry for car load lots
and refusals on woods are wanted by
consumers. who are evidently appre-
hensive that the price of wool may
jump up before they get ready to op-
crate. This is especially true of yarn
spinners. In the grease prices have
ranged from IA to IS cents, and in
cluded in the business of the week
were some good sized lines of Idaho,
Wyoming, Montana, Utah and Ne
vada.
The wool clip in Idaho has been TAX
en- at lac for Boston house; the
Morse & Hatch clip of Utah-about
100000 pounds-at 13%c. A large sale
of accumulations of Nevada woods
was to have been held at Reno. Neva-
da, on Monday, the particulars of
which have not been obtained at the
time of writing. The party selling
the wool bought II in Nevada and paid
IL and 121ac, and, of course, expected
higher prices. In Weiser, Idaho, over
1 100000 pounds have been purchased
by Boston firms, the price paid aver
aging about 12c. The Portland. Ore,
clip of 175,0OO pounds sold at 131kc.
At this sale there were IL wool buy
ers present.
Sales for the week, at Boston, g.
$4,000 pounds.
Great Falls, June 1S.-The opening
of the Northern Montana wool market
shows prices from two to four cents
higher than last year. Eighteen-cent
wool on the Great Falls market seems
to be almost certainty, and nineteen
cent wool is probable.
Such a showing is better than the
wool men of northern Montana would
have expected last ear and the news
of the opening gun will be of unusual
interest to them-glven without any
reference to rumor or unconfrmed
report.
The wool sold is that of the trail.
er" band belonging to j. B. Long &
Co. of Great Falls and the price paid
was 16 cents. The sheep were most
ly yearlings and had been started
from Great Falls several months ago.
driving east. At the Long shearing
pens near Glasgow the band was
shorn and will be shipped from that
point to the feeding farms of the firm
in Illinois and south st. Paul.
There was $4,000 fleeces in the
lot and the weight was 100000
pounds. The purchaser was F. r.
Peters. representing the wool house
of Hallowell & Donald of Boston.
Mr.. Peters buys on the Great Falls
market every year and 1t is one Of
the most significant facts in connec-
tion with the present sale that he Is
one OF the most cautions. II not most
cautions buyers on the market, and
last year bought practically no wool
at all. being the lowest bidder on the
market. Every previous year he
bought heavily and his present de-
cided entrance upon the market is
by far the best indication OF prices
which has not yet been given for the
year.
The Long yearling band was driven