The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1903-06-30
if necessary. in. order to secure a
profit on his stock. The length of time

profit on his stock. The length of time
which some of them will hold their
woods may depend on the condition of
the money market. Many Of the new
woods which are coming into market,
unless of extraordinary light shrink
age, may very likely have to be held
at a profit.
At Initial Markets.
In the interior there Is not as keen
competition as there was, and some
buyers are reported to have been with
resent. At Reno, Nevada, buyers
were Indifferent and large quantities
of wool are unsold, asking prices be-
ing too high. In Idaho woods were
moving slowly up to June II, and at
| Boise City and Mountain Home, and
in the section west of these places,
fully $4,000 900 pounds were still held,
there being &c difference between
| sellers and buyers. At Miles City,
Mont, wool is piling up very rapidly
with few sales. In Oregon some fur
Their sales have been made, but the
woods are not being taken as rapidly
as last year.
b - " ~. MEN.H .--I7-
Business of the Week.
There has been a fair representa-
ton of mills in the market the past
week, including some of the big mills,
but only two or three houses (these
being the ones which have purchased
literally of the new wools) report
that there is any business in4progress
worth noting. The rank and file OF
the trade report a very quiet market,
and the outward aspect of things
lends credence to the report. The
mills are carefully sounding the a
ket, but they have not as yet taken on
many large lines. Some of them
would have bought with more liber-
atty possibly, If holders had shaded
prices. There has been some looking
around on the part of the dress goods
mills, as we'll as the mems wear wool
en- mills, but the inquiry from the
mems wear worsted mills is still quiet.
There is, however, some renewal OF
interest in the market IN the part of
those making serges, which may be
the forerunner of more activity in
worsted. woods. The demand, as , a
whole, has run largely to low woods,
to those grading quarter-blood and oe-
low, both in territories and fleeces-|
woods costing 10000, clean, and to
braid woods costing $50. On such
stock and indeed on all medium woods
prices are strong and may be quoted
a shade higher.
Texas, California and Oregon.
There is a fair inquiry for IL
months Texas, but old stocks are
cleaned up and new stock has not yet
come along. The latter will have to
bring fancy prices, to let holders out.
The Kerrville woods are reported as
largely sold. Eight months stock
brought a little under 15c, and IL
months 1914 @17c. The IL months
wool costs, landed, 52@55c, clean,
which is fully as much as a be OBJ
tanned for such wool here at present.
The eight months woods cost 46@48c,
clean, landed.
California woods here are quiet. The
Ukiah woods are reported to nave
sold in California at a cost of 22kc,
landed, equivalent to a clean cost of
55c. The Humboldt woods have not
yet been sold. 1t takes an exception
| ally choice California wool to bring
over SIC, clean in this market today.
Oregon woods are likewise in small
demand. A small amount of low
priced wool has changed hands at
prices within the range of 13@16c. In
/ Ontario, Oregon, out of three-quar-
tiers OF a mlll1On pounds OHefeu re-
Gently, only about 100000 pounds were
! sold, the rest being withdrawn. Grow
ers are asking more than buyers will
pay.
=..- .. Territories.
The demand for territorial woods
has not been quite as good the past
week as it was the previous week, and
the volume of business put through is
decidedly smaller. Holders of old
Montana woods still find them slow OF
sale, and prices at the seaboard are
certainly no higher, whatever may be