The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1902-09-23

need IT, and the houses in the, wool
trade which have not done any bus.
mess the past week are quite content
to await the outcome of events. What
demand there is, Is still quite general
in its character, extending to about
all classes Of wool, although, IL any.
thing. there is perhaps relatively
more inquiry for medium stock. But
good fine stock is still in demand and
choice woods bring full prices. Tits
applies to fine ~1eeces, territories and
Texas. Foreign woods are somewhat
quieter, but this is due as much to
the limited supplies available as to
anything else. It is realized that
there. will be no material accession to
the stocks Of foreign woods here by
reason Of purchases made for Amer.
lea at the London sales, as indications
are that few woods will be found avail
able for America at any reasonable
price, and a considerable percentage
Of what is taken will 60 direct to man
ufacturers.
The London sales opened on Tues
day of last week with a good attend.
ance and good competition, and with
q net available quantity of 100000
bales. AS compared with the close
of the last series, according to one,
cable, merinos and fine ~crossbreds
were at par to 5 per cent higher, and
on low crossbreds prices were main
tanned. Another cable reported fine
and medium c%rossbreds SOLO per
cent higher and low crossbreds firm,
and that selections Of merinos were
SO poor that no quotations were
given. Z
Texas, California and Oregon.
There is a little more doing in Tex.
as. but not enough to cut much Of a
figure. Sales of exceptionally choice
IL months staple stock are reported
at even 21c., to cost in the neighbor.
hood Of 6Oc, clean. Good II months,
1t is reported, commands 55c easily,
and has sold at that price, but some
holders are asking more, which con-
sumers, of course, are slow to pay,
Eight months woods command about
half a dollar, clean, more or less de-
pendent on fnenesS, character and con-
dition. Shearing OF the fall woods,
1T is thought, will begin about the
25th of this month.
California woods are in fair request
at unchanged prices. The best north.
ern woods continue to command about
SIC, and middle county woods have
sold at 47@4Sc. Defective stock sells
within the range OF 3O@35c, clean.
A slightly better inquiry is reported
for Oregon wools this week, and sales
of eastern are reported within the
range Of 13@17c in the grease, the
former quotation of course for com
paratively heavy stock. On the clean
basis the wools have sold at 47@50c,
according to %fineness, staple and gen
eral condition. In Valley Oregons
practically nothing has been done.
The woods (quarter-blood) are held at
about zoe in the grease, costing 500
i37c, clean.
Territories.
A few CT the territorial houses re-
port quite a good trade, but as a rule
the demand has not been active.
Prices are we'll sustained, however,
tho co1ac which houp- 1o,,EH -.Ai
through not, indicating any weakness
whatever. Sales Of Utahs, Wyo-1
mings~ and Idahos have been made
at quotations previously given, and
the new wocls sell readily when
wanted. The territorial houses are
easy financially, which statement in
fact applies to the members of the
wool trade generally, and they are
not forcing the market. Fine and
staple territories r especially firm,
and the medium woods have come in
for a larger share CT attention the
past week. Fine choice Montana has
sold at 1Sc, and staple at 10000.
Fine medium Wyoming has command
ed 15@16c, and medium 16@17c.
Choicest fine Nevades have been TAX
en- at 53@55c. The clean cost of
woods may be given as fol
Fine medium clothing, AGO
48c; staple wools, 50@52c; fine wools,
60@52c; selected fine staple wools,
5 2@55c. It is difficult, however, to
get anything that is really fine as
low as soc. Medium territories have
about 42c, clean.
The receipts of wool in Boston this
week, last week and for the cores
bonding week of last year were as
i This week, domestic, 5000 bales;
1.725 bales. total 1879 ha las