The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-10-21
The latest mail report from Brad

lOIO says.
"The wool market is firm in tone,
and in colonial woods some business
of a hand-to-mouth character is being
done at late rates. There is still a
good inquiry for homegrown woods OF
all sorts except Downs, and prices
show a tendency to harden. In mohair
the position is just as it has been for
a good many weeks past-that is to
say, there is very little business, and
holders have no chance OF making
any better prices.
'The tension in the export yarn
trade is unrelieved, as spinners are
still holding out for prices which
merchants are unable to pay. Rather
than give way at all, some spinners
have decided to cas- making for
stock and go on short time"
Montana Leads Territory.
Territory wool is only a trife less
active. A few big lines have been
disposed Of since our last review, in
Guiding one of a million pounds of fine
Nevada, the deal being closed late
last week, and the secured basis Coo.
Further transactions in wool in the
original bags are reported, including
one of 250,0OO pounds of Nevada at
1S@19c. Montana wool also sells we'll
in the bags at 21c upward.
Round lots of Montana have been
moved at 22@22kc, while medium
has been taken at 23@24c, and fine
medium at zoe to 22c. In Wyoming
wool there has been a very good busi-
ness, fine selling at 60c clean, while
several good sized transactions in
Idahos have been on a basis of 57@
SIC for fine medium and 60c to &c
for fine.
The market is very firm and prices
are advancing on all good lots, which
sell without pressure. Average woods
are bringing full market values. In
fine there is little available at a cost
under Coo, and the lowest for fine me-
dunn is 55c. AS noticed above these
quotations are quite often exceeded.
Medium woods sell as fast as Of
fered on the secured basis of 53c to
55c, and one-quarter blood at SOC to
SIC.
Supplies, not only medium, but OF
fine woods, are very much broken, and
most houses have far less to offer
than usual at this time.
Texas, Oregon and California.
Texas wool is unchanged. There is
a steady business in eight months at
tic to 1Sc. The secured cost reaches
up to 55c, but most business is on the
basis of 53@54c. Twelve months is
about out of stock. There is no fall
on the market. Shearing in the state
progresses slowly and sales of the fall
clip are baing made at lac to 15c.
Oregon wool is very firm and there
has been one good sized sale of ESQ.,
900 pounds of staple closed. The
consideration is said to have been
better than 19c, approaching if not
quite zoe. Some choice staple is
held off the market at 21c.
California wool is active. Liberal
sales are reported, including choice
Humboldt and Mendocino at &c and
even higher in n instance for an
extra nice thing. The secured cost
of these choice selections is $40
SIC. The usual business in average
northern at 22@23c and in middle
county at 17hc to 18c has been put
through.
Receipts and Shipments.
The receipts of wool at Boston for
the week ending October 13, inclu-
sive, were 1,1O8,479 pounds domestic
and 2,716,349 pounds foreign, a total
of 3,824,828 pounds. For the CORE
spending week in 1903 they were
2,O93,O86 pounds domestic and 1,527,-
246 pounds foreign. Total, 3,620,332
pounds.
To October Is, inclusive, the years
receipts were 1873 ,133,811 pounds do
nestle and 8~7,341,S4O pounds foreign,
making a total of 27O,475,651 pounds.
For the corresponding period last
year the receipts were 162, 429,1 27
pounds domestic and ~82,042,355
pounds foreign. Total, 244,471,482
pounds.
The shipments for the week ending
October 10, inclusive, amounted to
6,271,466 pounds. For the week pre-
ceding they totaled 1859, 695 pounds.
For the week ending October 13, 1908,
49, ~Ls~~o@-&, Z 4 20 100 ~@,,rlr