The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1903-02-24
WOOL MARKET AT BOSTON CON.
TiNUEs DULL.
TERRITORIES HOLD UP WELL
Mills Stocked and Buying but Little
Much Colorado Already
Contracted For.

COu mdIhSI dIlOuACOu w S,toO3o0S !!
pounds, which included $4,000 pounds
of territory, the latter at from IA TIC
20 cents per pound.
The market is very dull and more
in favor Of the buyer than it has been,
saws the American Wool and Cotton
Reporter.
Very few mills have been repre-
sented in the market, and after the
ouietness which has prevailed now
for several weeks, it is naturally the
case that the seller seeks the buyer
rather than the buyer the seller. Dur
ing much of the week, business,
cent on some lines of secured and
pulled woods, has been at a complete
standstifl.@
The large mills, as a whole, are toll
erab,v well stocked, and feel independ-
ent. They are, therefore, for the
time being, not interested in woods,
and much of the purchasing of the
week under review has been by the
moderate sized or small mills. A
number of these have been interested
in secured and pulled woods more
than anything else, which
for the relatively better business IN
this class of stock than in others. NO
large transactions have been put
through. the largest individual sale OF
territories that can be heard OF not
exceeding about 100000 pounds. Con-
sumers are more conservative in their
ideas as to what they should pay Tor
woods and are less disposed thon
formerly to pay the asking price OF
holders.
#se Prices.
white concessions In prices have
not yet been made in a general way
ii has been found possible to buy on
silently easier terms here and there
on certain classes of stock. Delalne
wool is a cent a pound cheaper
thai it was at one time, sales being
made at SAC where previously 35c was
osLed and on one occasion obtained,
and today more wool is obtalnable IN
this market at 34c. Medium WOODS
also are not quite as strong as the
were and quarter-bloods are ofered al
slightly lower prices from the Wes'
and are obtainable in this market on
slightly more favorable terms for the
buyer than would have been possible
a month ago. Washed clothing
Aeeces also are inclined to be easier
although no transactions are notet
which indicate any positive break IL
nrices. Fine territories, however
seem to hold up we'll, and the sam
may be said of fine medium stock
certain attempts to secure these WOOL
at material concessions in prices no
having yet succeeded.
Attitude of Holders.
OF course, in a quiet. Market sue
as we have had for some tlme, IL
only natural that certain holders l
order 70 do business and to clear tn
decks in preparation for the new Sc;
sons business, should be willing
make it more of an object for tn
consumer to buy, and in such cases
has been possible for the consumer
do a triffe better perhaps than
could a few weeks ago, but except c
some one particular thing, here al
there. we see no occasion as yet II
anv genera reduction in prices, al
orr quotations, therefore, with the e
ceptions noted, are unchanged.
number of holders of territorial woo
are still firm and trades with lnten
ing purchasers have been prevent'
from coming to a head through a d
ference in the views of sellers al
buyers of one-half cent per poun
The smallness of the stocks on hal
evidently is responsible for what fir
ness is shown, If stocks here had be
large. unquestionably prices Wot
have Deen on a lower le'ei w -
time than are now quOtable.
Manufacturers.
Reports from the goods market
not indicate n substantial impro'
ment as far as worsteds are CT
cerned. the movement in which is 81
unsatisfactory. Wool goods, he
ever. are moving in a fairly libe
way, and some makers are report
as pretty we'll sold ahead. Manuf'
turers. however, as a whole are in
mood to feel bullish on wool, and 6
in nowise frightened by the talk OF
shortage in supplies and the unde