The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1903-06-16

son, prices would be dropping. n
only thing which has held them up
has been the very small stocks on
hand (there Icing no class of wool
here in any STABLE amount except
Montana) and the strong position OF
the staple as far as SUPPLIES are con-
cerned, the world over. Some figure
that the shortage in the clip will Off
set the stoppage of machinery, and
that If woods do not advance, they
cannot certainly recede much. If
they should recede much more, they
could be profitably exported, espe-
cially if the foreign markets continue
to strengthen as they have done dur
ing the past several months.
Hope for Better Trade.
The trade are hoping, of course,
that the light weight season, which
is near at hand, will develop a more
! active demand for goods at possibly
higher prices. But such manufacture
| Gil Oh NO14C III IL LILO NV w AOC
give much proof that they anticipate
any higher prices; indeed, there are
more who believe that the light weight
goods will open at lower rather than
higher prices, although the changes
either way are not likely to be very
marked, and many manufacturers are
looking forward to a good business on
the basis of last years prices.
Texas, California and Oregon.
In this market there is practically
no interest shown in Texas woods and
in the state of Texas operations are
on a very limited scale. The woods
are comparatively slow in moving
down there this year. Twelve months
Texas woods have not been bought
there to any extent as yet. About all
the woods received around Lampasas
and San Angelo both IL months and
eight months are sold. Holders gen.
orally are asking too high prices for
eastern dealers. Stocks of old Texas
in this market are practically all
cleaned up and the new woods are
not being pressed for sale. They
would show little, it any, profit ii
forced on today's market. Nominal
quotations are 53@55c for IL months
and about soc for eight months. Cali
fornia woods are dull. Consumers are
not interested in these woods for the
time being, as but few of the new
woods are as yet here. Prices, there
fore, are largely nominal.
Oregon woods, also, are slow OF
sale. Some OF the old wool is here
and is o%btainable at soc, clean. II
; Oregon the new woods are selling a
prices ranging from SOC, clean, up
wards. The woods are reported a!
, shorter than last year. The new wool!
are coming along in Oregon slowly
but they have sold quite freely, abou
as fast as received, a Philadelphia
+ worsted concern being the principa
a buyer. Sales are reported to hav
been made at prices ranging from IA
$ to 15Rc.
Territories.
e Territory woods have been in con
IS p%aratively small demand; in fact, tn
a volume of business put through ha
d been the smallest recorded in any or
week this year. Some houses hav
succeeded in moving some old MOI
t. tanas, but very few transactions {
N any stable amounts have been mad
X Quite a number of sample bags, hoy
h ever, have been taken out which ma
result in business later on. Son
sales of new territories, includin
1T Utahs and Arizonas, have been mac
Is at 48@50c, clean, according to slap
r. and condition, which are reported
have shown a slight margin of prof
10 to the seller. Medium t%erritorie
I'd have been in request at prices rangir
from 43 to ACC. Prices are firm
of the present level in view of the his
N prices paid in the west, but holde
in are not getting any advance, and the
IT, is but little snap to the demand, {
oil though, as before stated, consume
show a little more willingness I
y, look at woods. There IS as little d
d. i,and as ever for staple woods. II
1t, prices at which sales have been ma
ny may be quoted as follows: Fine al
CHI fine medium clothing, 48@50c, clea
es Very choice wool will bring a tri1
= more. A fine medium strictly clot