Rosebud County news. [volume] (Forsyth, Mont.) 1901-1906, 1903-06-11
THE DOMESTIC WOOL CLIP WILL
SHOW DECREASE THIS YEAR.
NO OLD STOCK IS IN SIGHT
Transactions in Wool Have Been Most.
ly in MOntanas and Utahs,

ne WOOL sales Tor the week at BOS-
ton, according to the American Wool
and Cotton Reporter, were 1888, 900
pounds. While few houses report
slightly better inquiry for wool, with
more manufacturers looking around,
the rank and file of the trade report d
quiet market. Some of the large houses
indeed have done practically nothing,
and the volume of business actually
consummated during the past week
is smaller than that of the previous
week. A number of sales have been
subject to approval, but they have been
very generally of small lots. Some
good-sized sales of Texas, which prac-
tically cleans up the stock of old wool
in this market, figure among the trans
actions of the past week, as we'll as
some good lines Of pulled woods, and
low foreign woods, but aside from these.
the transactions of the past week are
hardly worthy of more than passing
notice.
But, while the trade locally is quiet.
feature of the situation is the steadi-
ness with which prices are held. This
is due to the light stocks of old wool
on hand and the strong statistical po-
sition of the raw material. There is
only one class of stocks of which there
can be said to be any stable supply
here. That is Montana wool, of which
there is reported to be about ne-third
OF the clip of 1902 now in the Boston
market. and of this mount two we'll
known Summer street houses are said
to be carrying some three or four mil
lion pounds each. Of fleece woods,
pulled woods and foreign wools stocks
are very light. One party claims that
there is the smallest quantity OF foreign
wool in bond in this country that was
ever known. With such small stocks
carried over and with the dim nished
supplies of foreign woods abroad and
indications of another decrease in the
Australian clip, holders of wool see no
JUST tication for lowering prices. On
the other hand, if there should be a
good healthy demand for goods, they
are anticipating higher than lower
prices.
The domestic clip will in all proba-
bilita show decrease this year, and
this decrease is variously estimated at
from IS to 40 million pounds. Statist-
ically, therefore, the strength Of the
situation is apparent but a determin-
ing factor of course will be the char
acter and extent of the demand for
goods, and in this connection The open
ing of the light weight season is being
awaited with an increasing interest.
The size of duplicate business on heavy
weights has generally not come up to
expectations. Some mills more espec-
ally those making WOODEN and dress
goods, are we'll sold up, but the men S
wear worsted mills are complaining of
business, and there is much complaint
over the unresponsive attitude of the
clothing trade.
The extent of the strike in Philadel-
phia. served as a depressing factor. OF
course, some of the mills. outside OF
Philadelphia may succeed in securing
some of the business which would 9TH
erwise have come to the Philadelphia
concerns, and it is possible that the
late the placing of orders by the cloth
ing trade, although the latter as yet