The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1903-07-14

lHSS ILLS Wcch WOOlS nave Dc0u SUI
at prices ranging from lac to 1871,
for the bulk of the stock offered. A
Great Falls woods have brought 1871
@17kc, the latter for very ligh
stock, the clean cost or the woods
landed, being, it is claimed, 4S@50c
Some of the low-priced woods at Bill
ings brought 12h @14c, equivalent tt
45c, clean. At Great Falls 35O,OO(
pounds of wool are reported to have
sold at Tic. One lot of a half million
pounds sold at 15h@ 16kc. costing
47h @5Oc, clean, landed.
London Sales.
The London sales opened this week
about as was expected. There vas a
large attendance, with good competi.
ton. AS compared with the close Of
the preceding series. merinos were
barely maintained; fine and medium
crossbreds we're firm, and low cross.
breds, ~ per cent higher. Many OF
those who take conservative views are
inclined to believe that it will be very
difficult to work merino woods up to
a higher level, and, indeed, are be-
ginning to question whether fine for.
eign woods have not already reached
their highest point for some time to
come.
Texas, California and Oregon.
There has been but little business
done in Texas woods. but prices are
firm as supplies are so small. Indica-
tons are that the amount of Texas
wool in this market will be smaller
during the coming year than last year,
as a large portion of the Texas clip
has been either taken direct by manu-.
facturers or has been sold to arrive.
1t is being used to a considerable ex-
tent to be mixed with Australian. The
wool is not all cleaned up yet, how.
ever, in Texas by any Thus,
according to advices received from
Texas dated June q, there still
in store in San Angelo 100000
pounds OF eight months wool and
about 100000 pounds of IL months.
At Lampasas recently 100000 pounds
eight months sold at tic. Texas
woods sell here at 18@2Oc for a years
growth, costing 55@57c. clean, and at
about ice for eight months, costing
5O@52c, clean. One manufacturer
however, claims that on the basis on
which he has opened his goods, he
cannot afford to pay % than 4Sc,
but he cannot get the wool at that
price.
California woods have attracted but
little attention. Some exceptionally
light and we'll conditioned northern
wool has sold at 21c. Other sales
of nice wool are noted at 10000,
and on the clean basis nice northern
wool can be secured. and has been
sold at 5O@52c, clean. In California
woods are pretty we'll cleaned up in
the country. In San Francisco there
is some wool which is held above
the market.
Oregon woods have been quiet here.
In Shaniko sales are reported at 11@
15c. At The Dalles sales have been
made within the range of IL to 15c.
Polk county wool sold at 1890.
Territories.
Territory woods, while not quite as
active the past week as during the
previous week have received a fairly
steady call. Prices are strong, but
they have not yet reached the heights
represented by some of the most pro-
nounced bulls on the situation. Fine
medium clothing territory is still OBJ
tainable under SOC, and some fairly
good-sized sales of good woods have
been made within the range of 400
SOC. Fine and fine medium have sold
together at 50@51c, and strictly fine
has been taken at 52@53c. A sale of
close to 100, 900 pounds OF fine Nevada
was made at a clean cost of 53@54c.
Montana fine medium has sold at SOC,
clean. Some good fine woods are
claimed to have been purchased by
consumers at SOC. Medium woods
have been taken at 45@46c. The
price of medium wool is now so close
to the price of fine medium that it is
facturers will not soon turn their at
tention more to fine medium. There
has been a slightly better inquiry TOR
fine staple wool with sales reported
at 52@53c, secured. d. Good eastern
OREGON to he used in CLAY WOrsteds