The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1903-03-10

month a more active wool market is
expected by some members of the
trade. Reports from the goods mar.
ket are somewhat variable. Some
mills, especially those running OH
woolens, are doing better than others.
The worsted mills are having a com
paratively slow time of it.
The London Market.
Private advices received from
abroad this week indicate that the
market in London is looking rather
better, both on ~crossbreds and fine
woods, and that a stronger feeling ex-
lists there. The London sales will
open next week, and it is now expect
ed that prices will rule firm with a
good competition. The favorable out
look for wool abroad, together with
the news received during the past
week of high prices being paid in
the country for wool, tend to give en-
couragement of to those who
are looking forward to a firm market
here in the future. A great deal Of
course will depend on the size of the
demand from consumers, and this will
be governed largely by the readiness
with which goods sell. In the mean
time, fine clothing woods are regarded
as good property, and they are like
ly to remain as firm as anything on
the list.
The domestic business Of the past
week has not revealed any special
demand for anything. The inquiry has
been for a little of this and a little of
that, fine clothing woods being given
the preference.
Texas and California.
Some interest continues to be
shown in Texas woods especially the
fine eight months woods. Some very
choice stock of eight months growth
is reported to have sold at 18@18kc,
or at a clean cost of 53@55c. These
nice short woods command about as
much as the long woods. They are
used in Jerseys, and they give an eff
feet to the goods which cannot be Sc
cured from other woods, and goods
made of this class of stock have been
good sellers. For years growth stock
19c is apparently as much as can be
secured today. Fall Texas woods are
practically cleaned out, but a little
stock is reported to have been sold
the past week at 46@47c, clean.
A small demand is reported for
California woods, but it has covered
quite a wide range of stockholm a
defective wool selling at .34@35c,
clean, up to a nice northern fine wool
selling at SIC, clean. Some middle
county woods have been neglected.
Prices are very steady, however, at
unchanged quotations, No. / clothing
woods being worth soc and staple
woods about 55c.
Territories.
The volume of business transacted
in territory woods has shown a re-
markable falling off on account of
the blockade established on wool ship
ments. Fine territories could have
been sold in fairly good volume if it
had not been for this embargo. Fine
short woods, in fact, have been in good
demand, and where sales have been
made satisfactory prices have been
obtained. Staple woods, however,
have met with but little call. In u
number of instances buyers ideas
have been decidedly below those Of
holders, and if the latter had been
vikings to make more of a conces-
sion in price, more trading would have
been the result. Fine medium cloth
ing has sold at SOC, clean; fine, $40
53c; fine staple is held at SOC.
Medium woods are quoted at
45@47c, with some sales noted at 45@
Acc. New Mexican woods are steady
and some further business is reported
at about SOC for No. /.
According to mail advices from
Phoenix, Ariz., dated February "a,
12O, 900 pounds of wool were sold in
that market on that day, 10000 pounds
of SIS per cent shrinkage, a little de
fective, at 1880; 10000 pounds of 60
to SO per cent shrinkage at Ice; and
10000 pounds Of IS to &C 23 shrink
age. somewhat defective, at 15Ac. A
we'll known sheep man at White Oaks
New Mexico, reports that he sold his
spring wool clip of 10000 pounds fol-
12c per pound.
Advices from Salt Lake, Utah, un
der date Of February "a, are as fol
lows:
A usual the neWsDaDer renOrts n