The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1903-06-09

which are DelnS PAID In Lne country,
and will not buy wool except where
they can see an actual necessity for
it.
Free Buying West.
While Conservatism marks the
course of operations in the seaboard
markets, free purchasing of such
woods as are offered in some Of the
territories continues, although advices
received by some houses would indi-
cate that there is a little less eager
ness to buy than was apparent a
couple of weeks ago; but there are no
accumulations of the new woods in
any Of the territories. More or less
bad weather has i%nterfered with shear
ing in some sections. but most of the
woods, which are offered at anything
like reasonable prices ARE taken about
as fast as they are offered, and some
pretty fancy prices have been paid
in the interior unless it shall be dem
onstrated that the new woods are OF
lighter shrinkage .han has been esti.
mated. Very many of the new terri
torial woods cost 5O@52c, clean, land
ed. In Idaho and Utah the woods are
being purchased at 1874 @14Kc, and
even better, and in Wyoming the clip
has been taken thus far at prices
ranging from 1871 to 15c. 1t is stated
that the Idaho woods, while not as
well grown az last year, are 2@3 per
cent lighter in shrlnkage. In Oregon
there has been but little done thus
far, although some sales are reported
to have been made in Pendleton at
l3c, to cost soc, secured. Some re-
port that the woods are costing 48@
SIC, secured, landed. A considerable
portion Of the clip in idaho, Utah and
Wyoming has already beer bought.
Texas and California.
Texas woods have been decidedly
more active. Some good-sized sales
of spring wool-both years growth
and eight months'-were put through
last week, the details Oh which were
not obtainable in time for our last
weeks report, and they are comprised
within this weeks sales. One house
sold about 100000 pounds, mostly
years growth; another about the
same amount of years growth and
eight months, and two Or three other
houses participated in the business to
ONE extent, the total transactions OF
the week being about three-quarters
OF a million pounds. The woods were
taken by felt makers, flannel and ker-
tsey mills, and the prices paid were
173 @1SAc for II months, and ITO
1Sc for eight months. The clean cost
of the woods was 53@55c for the for
mer and 51@53c .or the latter. In
Texas, the Kerrville and San Angelo
woods have not been sold as yet.
Some of the short woods have been
sold along the line of the Southern
Pacific at 15@16c, which means a
clean cost, landed, of about SIC.
California woods are still quiet.
Some choice northern spring has sold
at 19c and some average wool at TIC,
the clean cost being arounu Soc Some
fall wool free, has been taken at 43
@45c.
Territories.
Territories have been slow. No
learned has been disposed of, and
the aggregate OF the business done,
made up of quite a number OF small
lots, has been lighter than has been
recorded for some time. Transactions
have been mostly confined to Mon
tanas and Utahs. Fine medium cloth
ing has sold at 4Sc, clean, and fine
and fine medium at 48@50c Fine sta
pie has sold at 52@53c. Fine medium
Utah has brought 1870, costing 47hc,
clean. One lot of $4,000 pounds fine
and fine medium Utah sold at lac.
costing 48c, clean Some strictly fine
Montana of 72@73 per cent shrinkage
sold at lac, to cost soc, clean; this
vas not wholly staple wool. One lot
Of 100000 pounds fine and fine me-
dunn Montana sold at 48@50c. The
inquiry has been more for the cloth
iug than the longer woods. The wors-
led manufacturers say that business
is anything but satisfactory, and sta
, pie woods can be bought almost as
choop nc clothinp Outside of the