The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1903-07-28

li5AC WOA6nCo duVCACON i oOAAS
8 per cen after the opening. Those
who are pessimistically inclined point
to the opening this week as indicative
CT the fact that manufacturers cannot
afford to pay more for their wool than
i they did last year, and that even after
making due advance for the strength
OF the Statistical position of wool, a
further advance IN the price of the
raw material car be established only
with difficulty. This may be true, as
tar as. fine woods are concerned, it is
replied, but with medium and low
woods advancing all over the world,
and with every indication that wool
| goods made of It's class of stock,
whether in mems or women's wear,
will be free sellers, owners of such
stock are very confident as to the flu.
ture of prices thereon.
In Montana.
In the meantime woods in Montana
continue to command full prices. In
a number OF cases, it is true, buyers
and sellers are apart, but nearly ev-
cry prominent house in the trade here
has been buying more or less and
where they have secured wool they
have had to pay good prices for it.
At Great Falls a considerable amount
OF wool has been taken at prices rang
ing from 16c to TIC the past week.
At Billings they have paid as high
as 1870, the range beng from 13Ac
to 1870, most of the business be-
ing between 15c and 16c.
Texas and California.
Texas woods have not been quite as
active the past week as during the
previous one, but there are some nego-
tiations in progress which may result
in more business later on. Nice II
months wool has sold at 10000 and
eight months at TIC. The woods held
in san Angelo, Texas, are reported as
having been sold, the Allison clip
bringing 16Ac. Most OF the desirable
clips in Texas have now been cleaned
up.
California woods have attracted a
little more attention and some bust
ness has been consummated at a clean
cost of 5O@52c, in northern II
months woods which fit in we'll with
years growth Texas. Latest advices
from San Francisco are that both
grease and secured woods are selling
freely at advanced prices. One house
here in the trade, however, claims
that choice nothern Red Bluff wool
is offered at zoe, which will cost not
more than soc, clean.
Oregon woods are very quiet, but
firm in price. Sales are reported at
Heppner at 14Ac, the top figures thus
far obtained there. This was very
fine wool. At Shaniko woods sold at
prices ranging from lie to 14kc. Some
frowzy and dark woods were taken
at 10@11c.
Territories.
With some houses territories have
met with a steady sale, and some
good-sized lines have been moved.
Others claim that the market is quiet
on territories. On the whole, less
business has been done than during
the previous week, but holders of good
:, Nj; rxyoO1c o~o no,GInnt DC tn
the future and prices are firm. High
prices are being paid in the interior,
although buyers are not taking all the
woods offered by any means. In Mon
Jana some good-sized transactions are
reported, choice woods selling at prices
ranging from 16 to 17Rc, and average
woods at about 15c. The demand in
in the local market has been .l.e4y
for woods grading from a high three.
eighths down to the lowest stock.
Woods commanding 45@46c, clean,
have sold freely. Good fine medium
territory has sold at about soc, clean,
fine, at 52@53c; and fine staple, in a
small way, AT o5W ooc. fuTlner safes
of old Montanas are reported at about
soc, clean, and these woods have now
been comparatively well cleaned UP.
Included in the transactions of the
past week were sales of new Idahos
and Utahs, also Wyomings, within the
range of the quotations given.
Idahos and Wyomings are reported
as selling quite freely at 17@17kc,
Zine medium Utahs have sold at TO
17h, and mediums at 10000, the for
mer costing about soc, clean, and the
that they have had an active trade in