The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1903-06-23
WOOL TRADE EAST BECOMES
SOMEWHAT BETTER.
MARKED INCREASE IN SALES
Prices Of Territories Ruling a Shade
Higher Than for Several
Weeks Past.

Sales of wool for the week on the
Boston market aggregated 3~,472,0OO
pounds. Included in this was 1885,
600 pounds territory, at from Is to 10
cents.
There has been a little more inquiry
for wool the past week, and a slightly
increased volume of business has been
transacted. ...' ~al
The market is neither as dull as
some would represent it to be, nor is
it as active as some sensational re-
ports would indicate, says the Ameri-
can Wool and Cotton Reporter. More
of the smaller mills have been in the
market and feeling around" and
some of them have taken on some
woods. The large mills are doing COM
paratively little, although they have
been in and looking around, and a few
have bought moderately. The lat
ter's takings, however, are relatively
small and the bulk of the business
put through has been done with mod
crate or smaller sized mills-concerns
making wooden goods, for both mems
and women's wear
Sales Of New Territories.
Two or three houses-those who
have been conspicuous in the pur-
chasing of the early territorial wools-
report that they have succeeded in
moving some of their new wool, and
that the prices which they have been
able to secure show them a profit,
though not a very large one certainly.
The bulk of the new woods sold have
brought about soc, clean, for fine and
fine medium, the woods thus sold be-
ing, many of them, in the original
bags and ungraded. Included in the
sales of the past week were lines OF
Arizona, Wyoming and Utah woods.
The manufacturers are thus far get
ting the new woods at practically the
same secured cost as the old WOODS,
although they are paying a higher
grease price on account of the lighter
shrinkage Of the new woods, it is
claimed. 1t takes an exceptionally
choice territory wool to bring over
SOC, secured, today, but the market
is tending upward rather than down
ward. and prices throughout are firm
Manufacturers Wary.
The manufacturers who come int
the market as a rule talk someWha
discouragingly as to the goods mar
ket. They are certainly not climbing
over each other for the new WOODS
.:.;i such p~,.rchasas us they max
indicate very conservative method
on their part. They are APPARENT
rot frightened in the least by III
reports circulated among the trade a
to the high prices being paid in tn
west. The new woods have not bee
taken as freely this year as lest yea
"A up to this time, and this is Indicate
by the much smaller receipts of d.
nestle wool since the beginning (
the year as compared with the corr
spending time in 1902, and in the VI
u territories through which the bu
ers have been, there is still a consi
cradle amount of new wool remaini1
in spite of reports of certain teri
tories being pretty we'll cleaned up
The best advices show that, takil
the territories as a whole, there
considerably more wool remaining u
sold than was the case a year ae
Growers prices have been higher TIL
some of the larger houses in t
trade could see their way clear
pay. In Oregon recently, howev'
pretty high prices have been paid,
reports are true. In that state We
has been sold at 1874 @14hc, cost
SOC, clean, landed, and n ehoi
clip, the Baldwin clip, is reported
have been sold to a Philadelpl
worsted concern at 1870. If so,
wool will cost 53@55c clean, land
This clip amounts to about 50O,t
pounds.
Demand Is Light.
Outside of the sale of a few ror
lots of territories, some medi
fleeces and secured woods the dems
has been very quiet throughout
week, and a number of houses rep
that they have sold scarcely a pc,
of wool. A number of the larg
houses in the trade have done pra
cally nothing and are not buy
woods in the interior. All are mint