Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1903-07-01
WOOL SALES FEW.
Montana Owners Are Not Rushing
Their Wool to the Market.

Montana Owners Are Not Rushing
Their Wool to the Market.
Boston, June 29.-The demand for
as good the past week as 1t was the
previous week. and the volume CT
business put through is decidedly
smaller. Holders OF old Montana
wools will find them slow OF sale, and
prices at the seaboard are certainly
no higher, whatever may be the condi-
tion Of the market in the interior. In
the latter section the markets are
quieter. and they are quieter. not be-
cause SO much OF the new clip has
passed out Of first hands, for there
Is hardly a territory where there Ia
not still considerable amount Of wool
remaining. but because of the fact
that buyers and sellers are apart In
their ideas as to values. Some new
woods have been sold the past week
within the range of our quotations
wool Of light shrinkage-costing clean
4SG50c, for fine medium 50652c, and
52@55c for fine staple. Medium woods
have sold at 45@46c, clean. While
prices cannot be quoted any higher
they are firm. and manufacturers find
II impossible to secure concessions
from holders. At Reno Nevada, grow
ers are asking lac. In this market
Nevadas are held In some instances
at prices which would mean a clean
cost OF Coo. clean. No sales have yet
been made at such price, however.
In Montana growers are asking ITO
lSc. and In some Instances 19c. The
wools, on the whole, which have thus
far been offered are poorer than last
year and are shorter, but are free
from spear grass. Advices received
from Miles City. Mont, dated June
II, are that one clip Of 1000 pounds
sold at about l5hc. Another clip
went to large Boston wool firm at
l5hc, and another at 14%c. Wool Is
piling up there rapidly. The weather
continues dry and there is q good
aeal OF suffering among stock. Shear
ers at the steam plant won the strike
for an advance Of l per cent per
head, and are now receiving 8 cents
tor shearing. At Shoshone, Idaho. one
clip OF about 1900 pounds was sold
to Boston house at 14%c. Woods
are moving up slowly in Idaho, and
up to June 18th there was quite q
large accumulation to the west of
Boise and Mountain Home. In some
sections there is a shortage OF 80 per
cent. in the yield; the wools are
per cent. lighter in shrinkage and
trife shorter In staple and poorer In
quality. Advices from Weiser are
that prices have gone down some
what. At Shaniko. Ore- 100000 lbs.
were sold at 14Q15c. The Marion
county pool OF growers unloaded at
about lie.
Though the local wool market is to
be opened for the season a week from
tomorrow very few complete clips have
arrived in the city and those that have
entirely arrived are all small ones.
Not more than 100000 pounds Of
fieeces are now in the city, and this
Is only five per cent. Of the antic-
ipated receipts. Nearly all the wool
that has arrived is from ranches with
in 80 miles or from points on the
Montana & treat Northern. Shearing
has been late everywhere. and the
condition OF the road is such that
frcighters find II almost impossible
to travel
A few OF the buyers will arrive this
week, and others will come before July
18th. The market will be opened the
morning of the 9Th. and while sales
for few days win be light, every
clip that is offered will be put up
when ready.