Rosebud County news. [volume] (Forsyth, Mont.) 1901-1906, 1903-05-28
SALES OF WOOL HAVE BEEN
ABOUT ALL QUARTER BLOOD.
TERRITORIES ARE MORE QUIET
Medium Montana Has Sold Within
the Range Of 44c to 48c.

The wool sales for the week at Bos-
ton, according to the American Wool
and Cotton Reporter, were 4.225. 900
pounds.
The wool market has been slightly
more active the past week, although the
increased business accomplished has
been confined almost exclusively to one
class of stock-wool of quarter blood
grade.
The feature of the market have been
the purchasing of nearly million and
half pounds of quarter-blood f1eeces,
comprising Missouri and Illinois,
Michigan, Ohio and Maine and York
state wools by two IN manufacturing con-
Germs, one of which, the Manchester
mills, took the great bulk of the wools;
the purchasing of about 5000 pounds
of Australian quarters, reported to
have been taken by the same concern;
and the sale of large line of medium
combing pulled wools to another large
dress goods mill. The Manchester
mills corporation is understood to have
worked down to practically bare
boards, as far as its supplies of such
stock were concerned, and having Sc
cured liberal orders for dress goods
which, it is reported, will keep it's ma
chinery we'll employed for several
months to come, found it necessary to
take on large line or raw material.
In doing SO it was obliged to pay full
market prices--22c to 22Hc for the Mis-
souri, and Michigan wools, and 23c
and 231ac for the Ohio wools. This
class of stock is firmer than it was,
being inf uenced largely by the some
what excited condition and advancing
tendency of foreign quarter -bloods at
he London auctions. Compared with
the prices which it costs to import
Australia quarters, domestic wools of
| that grade certainly look reasona BILE.
The sales in the local market referred
to were made at a clean cost of about
4Oc, the Ohio wools, it is reported, cost
ing about 42c, but from advices re-
ceived this week from London, it will
/ cost to import Australian quarters 45c
to 46c.
Aside from the sales referred to, the
market has been quiet. The tone is, if
anything, slightly improved, as offers
have been made from mills which 10
days or two weeks ago could hardly be
induced to look at wool, and a number
OF manufacturers have been in to test
J the market, but they are not as yet
willing to take hold very freely. The
worsted men. as a rule, report that
they cannot see any improvement in
the goods market. They are receiving
some duplicate orders on the heavy
lively, and in view of the fact that they
are so near the end of their initial or
ders, it will take good many recorders
20 keep them going until the light
weight season opens. Reports from
New York dry goods commission houses
indicate an improvement in the tone of
the goods market, but manufacturers
who come into the wool market, notably
the worsted manufacturers, are skep-
teal regarding this reported improve
ment. The dress goods mills and the
mems wear woolen mills do not denv
that there is good business in pro-
gress. In the worsted industry, how
ever, there is still a great deal of idle
machinery, and some worsted men in
innate that the number of idle ma
chimes will be increased, some claim
ing that they are contemplating a still
further reduction of output.
The tone of the wool market, however,
as far as prices are concerned, is firm,
as there is comparatively so little old
wool available and the growers are
asking such relatively high prices for
the new wools. Then, too, the course
of the markets abroad, especially of
the London sales, which, by the way,
close on Friday of this week, has been
and is steadily upward. especially on
the crossbred varieties, which tends to
accentuate the firmness of holders in