The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-08-16
upward shows that the farmer is to
receive good money for his produce.

upward shows that the farmer is to
receive good money for his produce.
Foreign Markets.
All news from foreign sources Is
very bullish ION wool and goods. n
London wool market is quiet and firm,
small stocks making anything but a
moderate business impossible. At the
next two auction sales the offerings
will be very light, and considerably
less than last year. The next series
is fixed to begin on September 20 and
lit is expected to include not more than
!, SIS, 900 bales, against 1850 bales in
the corresponding series of 1903.
Messrs. Hughes & Isherwood's last
Liverpool letter says: There is, in
deed, no getting away from the fact
that the worlds supply of wool is
lamentably short, and that not for
a long time to come a supplies be
expected to overtake the demand"
Territory Fairly Active.
Territory wool is fairly active. A
few good-sized sales of Montana and
Idaho in the original bags have been
| closed, but most of the business in
graded woods has been in compare
lively small lots. One sale of original
bag Idaho was ESQ., 900 pounds. 1t was
at 18 to- 18hc. A few round lots OF
Montana in first packages sold at
21h to 22c. A fair amount of Utah
has been picked up at II ITO 18c and
OF Wyoming at 18c. Choice clips of
Utah brought 1871 to 100. Medium
woods are selling right along and
there is a quick sale for anything de-
sirable offering. For ordinary three
eighths 20 to 21c is the market and
Utah and other woods have sold in
that range. The one-quarter blood
continues to sell at % to 24c as
fast as shown.
There is no particular change in
secured values. For fine from IS
to SIC is quoted, but there is little or
nothing that can be bought on SO low
a basis as 55c. Good fine will bring
Sc to Sic and has been sold freely
in that range recently and to some
tent at 58c. Fine medium is selling
to cost Soc clean in many cases and
from that down to 53c may be quoted.
Medium wool is a strong SOC for three
| eighths and higher in some instances,
while one-quarter blood sells at nearly
and in some fully as much. The
inside appears to be 4Sc for anything.
Texas, Oregon and California.
Texas wool is quiet with most of
the weeks business of the sample
bag character, in which way 1Skc
for eight months has been paid. A
moderate amount has been selling in
a larger way at II to 18c. The scour
ed basis of eight months is so to SIC.
Years growth Texas wool has been
in request. and may be quoted from
21@23c, according to grade and condi-
ton. We are informed of one sale at
22hc, and there is now only n line,
consisting of choice wool, remaining
unsold.
Oregon wool is not in general de-
mand, but there has been at least one
considerable sale of staple at 19c
and a fraction more has been obtained
on smaller sales. There are holders
at zoe and at 21c, but nothing of con
sequence has been sold SO high. But
19c is an improvement on 18ac, at
which considerable business was
closed early last month. The secured
basis ,of staple Oregon is anywhere
from Sc to SIC.
California wool is moderately &C.
tive, but without any large sales put
through. In fact, most of the weeks
business has been in sample bales a:
FL to 22c for good northern and II
to 19c fer middle county. The choice
Humboldt and Mendocino woods are
held at 26 to &c. At that they are
not dear, costing clean about SIC.
With the beginning of the demand for
wool anent the opening of the next
heavyweight season California wool
should become more attractive
to buyers.
Receipts and Shipments.
The receipts at Boston for the week
ending August II, inclusive, amount
ed to 1~7,363,656 pounds domestic and
1892, 1853 pounds foreign, making a to-
tai of 2O,355,819 pounds. For the cor
!, responding week in 1903 the receipts
were $685. sos pounds domestic and
2,7O5,09 pounds foreign, a total of H..