The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-09-30
BUSINESS ON BOSTON WOOL
MARKET CONTINUES GOOD.
INCLINE TO HIGHER
Territory Strong With Much Montana
Moving In Original Packages,
Some Without Grading.

luOIO 10 SOAAO A0AAAA6 OA IA ONoA
ness. The interest of manufacturers
is we'll maintained, but there have
been no exceptionally big individual
transactions, says the Boston Com
mercial Bulletin. The volume of trade
therefore, is OF smaller dimensions
than in many of the preceding weeks.
1t has been a good, general week,
however, the demand coming from
many of the smaller mills and being
for a variety of stuff. All grades
have been taken with more or less
freedom. Local dealers have been
buying, as well as consumers, with
something more on their account &C
complished in domestic secured woods,
and some attention given to grease
woods also. Buying in Chicago and
| st. Louis on Boston account is re-
ported, and the bright wool sections
of Indiana and other states have been
searched for medium grades, all
available having been scooped up.
The district is extremely busy. All
hands are on the jump forwarding
supplies, and the deliveries are heavy.
An improvement in the demand for
fine feeces is noted, and at least n
sizeable sale of washed delaine has
been closed. Lines of territory in the
original packages are going out freely
on old contracts, and considerable
new business has been put through.
Advices from London are ore bull
ish than anticipated. There is a firm
market on everything, and a 5 per
cent advance on some grades. The
local market is strong and tending
upward. Secured woods, bought on
the market last week at what seemed
to be stiff prices, have been turned
over within a few days at a good
profit. There is a firmer feeling
shown as the eason advances. There
is no excitement and nothing like
active speculation. The situation is
very healthy. Probably before
has so much wool been marketed IN
such a short space. of time, and in
such a quiet way as during this active
period.
The Mills.
This week has brought no import
ant developments in the piece goods
! situation. Duplicate orders for men'
wear fabrics are being received, ant
!. there is considerable activity II
spring lines of women's dress goods
= but the general market is quiet ant
waiting. There is a firm underton'
land the lead of the American Woolel
company in advancing prices 5 pc
cent has been followed by other manu-
q facturers. The drift is toward price
u more in keeping with the strong pos
ton of the raw material. Nearly al
plants are well occupied, and deliver
}, les are prompt and satisfactory.
Foreign Markets.
e The developments at London hav
been the important feature of the TO
eign situation. The September au'
ton sales opened there last Tuesda
o with offerings of $500 bales, {
a which $500 bales are Punta Arena
d That prices were maintained in fac
{. of the poor quality of much of the o
T. ferings is a surprise. 1t is said thu
~ everything available was got read
u for these sales, that the rag and bo
Ct tail from all quarters is include
Opening cables agreed or a 5 pt
e cent advance in prices Of good Au
VI tralian merinos, while best crossbre(
and other descriptions were u
changed from the closing rates OF IL
previous sale. One cable said tn;
Is nothing suitable for America was
be had, while another reported Amel
can buyers as active competitors. tt
d. series will be a short one. closing
q the 18th.
The latest press dispatch says
"The offerings at the wool auctit
N. sales today numbered 1891 bale
is Fine grades were firm and at tim,
sr- sold at an advance of 5 per Ger
:el Medium and faulty Merinos were O
Is. casionally 5 per cent lower. Anne,
is cans bought a fair supply of mediu
al and fine Merinos, and some superi,
crossbreds, paying extreme rates
~ secure suitable lots. Home and &c
er man buyers secured the bulk of Il
la offerings. Following are the sales
d. detail: New South Wales, 1890 bale
sr- secured, 7kd.@1s. 1Okd; greasy,
=. OILS. 1kd; Queensland, 100 bales
secured 10 OILS. 3d.; greasy, 3d.
u. HID. Victoria, 2,4OO bales: secures