The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-03-29
Some plants are running full

plOyeQ. oOmo plduLS are running luz
time.
The latest report from the American
Wooden company says that about Is
per cent of its 1904 output has been
disposed of, which considering the gen
eral curtailment of business opera
tons is an indication of a good year
for the company. 1t is expected that
the volume of duplicate orders will
be sufficiently large to take care OF
the remainder of its output.
There is a good deal of conservative
talk both in manufacturing circles
and among wool merchants. The
bugaboo of presidential year and its
resultant disturbance of business Is
having an influence upon opinions and
actions. However, Notwithstanding
the political excitement, clothing is
to be worn and food eaten, so that
consumption is likely to be as large as
in ordinary years.
Heavy Foreign Buying
The American purchases at the
London auction sales, which closed
March %, were unusually heavy. 1t
was a crossbred sale, and the bulk
OF what was bought for this country,
, close to $4,000 bales according to
private advices, was of crossbr6d
woods. It was probably largely owing
to the American demand that prices
advanced to a point 5 to 10 per- cent
above the January prices. Merinos,
the demand for which was less acute
than for crossbreds, closed at prices
from par to 5.per cent below the Jan
uary sales. The decline in heavy
faulty was occasionally o marked.
During the series 8 $1,000 bales were
sold to the home trade, $4,000 to the
Continent, and $4,000 bales we're car
ried over. &&Ss
South American. markets are very
strong. A cable from Buenos Ayres
of date March 10 says that prices
show a tendency. to advance, with high
one-quarter blood costing zoe, aver
age one-quarter about 19c and lustre
Lincoln 18c. At these prices there Is
no margin of profit to sell the wool
at today's prices on this market. I'm
porters would have to get 3l14c to
come out whole.
The bark Snowdon is on the way
here from Buenos Ayres with 2,10O
bales. The Casilda is coming here
via New York with 200 bales from
Rosario and 453 bales from Buenos
Ayres, while the Penobscot has SOA
bales from Rosario. The st. CroiS
arrived here this week from Rosario
with LOO bales for the S%axonviile
mills.
The total shipments from the Argen
tine during February for this country
were $3.50 bales. In February there
was a lot more shipped, the actua
figures not being at hand.
The latest mail report from Brad
ford says:f &
"The effect of the London sales or
this market has not been considerable
and has been chiefly in the direction
of steadying almost everything. The
advance in coarse crossbreds at Cole
man street has encouraged holders t.
ask a.. little more, but these classes
in Bradford have for some time beer
the best thing on the market, and the
rise in London has not been suff1cien
to make users really anxious. A
homegrown sorts remain very firm
but prices have not advanced on tn
improved rates recently ruling. Me
rinos are very quiet indeed, but stock
are very short, and it is not possible
to trace any real variation of values
Mohair is in small request, but rate
are steady. Very low stuff Nigh
perhaps be sold, but dealers find%i
difficult to get hold OF. Alpaca j
t quiet
"The yarn market also has bee
l steadied. There is no better inquir
: from abroad, but, spinners for expoI
have still work to go on with, an
: those who are buying certain tor
. at today's prices are putting up price
, botany spinners for the home trad
: ! report no improvement. Mohair SPIT
ners have no pressure of new business
Botany Innings are going bette
and there has been rather more dom