The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1903-08-11

0TS VI WUUl lS uOC 81 uuuCA IAC uO'OA
Cr-,. It's in the goods mareht as the
strong statistical position of the raw
material, the relation OF supply to de-
mand. The markets are firm abroad,
especially ca orossDreds; the domes-
tic country 1~~1cl1ts are strong and
supplies, present and prospective, are
not large, and unless some untoward
| development in the financial situation
, sets in, holders of wool a see no
reason why they should be called
+: upon to sacrifice their holdings, as
they believe that the demand for
goods will improve as the season pro-
crosses, as it did last year, and that
between now and the end Of the year,
the manufacturers will need large
quantities of wool, a. they certainly
are not as a rule heavily stocked.
Situation Summed Up.
To sum up the situation, while it
is not just at the moment particularly
| active, there is a fair, healthy business
doing, with prices firm and no notice
able pressure to sell. The strength
! of the situation is especially pronounc-
| ed with reference to medium woods,
and there is a good steady call for
low woods, for woods costing between
40 and As cents, clean.
As to Montana.
The markets in the interior continue
firm, and in Montana UP to the begin
ming of this week about 5000, 900
pounds had been sold in Billings, and
The highest price for the season was
17Ac, in Billings, which was paid for
a clip of LOO sacks of very choice
WOODS. The smaller markets are get
ting down to their last few clips. The
range of prices in Billings for the
past week has been from 17Ac
down to 1870, with the average at
16c; and in Great Falls, from 17kc
down to 1870. In the other markets
pIlCSS HAVE ldlSOu HULL Il Y LUZ.
Texas, California and Oregon.
Texas woods are very quiet, and
the business of the week has been
confined to a few small parcels of
years growth which has sold at 55c,
and of eight months which has
brought 5O@52c. There is a fair
amount of eight months wool. it is
reported, still remaining in Texas,
principally in San Angelo.
California woods are selling very
slowly, but it is hardly time yet for
the demand for this class of stock to
set in. The flannel mills, as we'll as
dress goods makers, use large guam
titles of this stock, but they have not
taken hold very freely as yet.
1t could hardly be expected thai
much activity would be experienced
in Oregon woods, after the large
weeks business reported in IL last
issue, but interest in Oregon wool has
not subsidized by any means, and about
100000 pounds has been moved the
past week and unchanged but firm
prices, with the possibility that there
may be more business put through
next week. The best woods sell at
about 52@53c, clean.
Territories.
The volume of business in territory
woods actually done shows quite a
%shrinkage, but there is considerable
dickering going on at this writing
which may be reflected in increased
. sales next week. One or two houses
report fairly sizeable transactions,
but the dealings of the week have been
generally confiened to small parcels,
which have, however, been taken at
full prices, without any indication OF
any concession whatever being made
in price. In some cases offers have
been turned down which would have
been considered a month or six weeks
ago. Fine medium Utah sells at soc
SlO0ll, III q 5OOu 115u 5lduC, anu AAO
medium Idaho has sold at the same
price. In the grease sales of Idaho
are reported at 1871 @17c for fine me
dunn and at tic for Utah. Medium
Idaho and Utah-light shrinkage
wools-haye sold at 10000 in the
grease. There is a good call for nice
Nevada wcols but some of them ere
held at too high a cost, some holders
asking size, clean, for them. SOM
-ales are noted at 53@55c. W.yomings
81 at 16@16kc for fine medium
costing about SOC, clean. . Idanos have
sold at 17kc for the best wools. grad
ing fine and fine medium. Strictly
fine territory sells at 52M)5 3c. and ine