The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-10-04
DEMAND FOR WOOL At BOSTON
CONTINUES.
TERRITORY EACERLYSoUGHT
Heavy Movement In Western Product
On Account Of Old Contracts
With Mills.

The market is firm. 1t has been
| fairly active on new contracts and
very lively in preparing supplies for
shipment to the mills, say the Bos-
ton Commercial Bulletin. The grad
ing departments are especially busy,
for some of the wool sold in the origi-
nal packages is being graded in Bos-
ton lofts preparatory to being deliv-
cred to it's owners. Supplies are also
being opened up previously to being
shown. The shipments during the
week, amounting to $685. 7O pounds,
bear witness to the excellent con-
sumptive movement. The receipts
are again exceeded, this week by over
two million pounds.
Stocks in Boston are not only badly
broken, but it has been found very
difficult to replace them. Something
along this line has been accomplished
in st. Louis and Chicago, but not
much.
Good Demand From Mills.
Trading between dealers on the To-
cal market is restricted. Many who
are short of stock would like to take
some. They have bought secured
woods and also some greasy woods
during the past few weeks, but they
find opportunities for profitable III
vestments rare. There is certainly
more or less speculation going on, but
as yet it is not extensive. To some
the situation in this respect looks q
little feverish. There may be active
speculation later on, but it is doubtful,
simply for the reason that there Is
next to nothing to speculate with
The principal movement to date has
been perfectly legitimate.
Manufacturers, for present or fu'
ture' necessities, have been the buy
ers. The best demand is still from
l them. It has come more from the
: small mills recently, but the big PEG
pie are on the market and 1t is Ger
!, tain that they let no opportunity &c
by.
That business keeps up so we'll Il
: a constant surprise to Boston mer
: chants. The quiet spell expected ane
: generally desired has not arrived
: One concern disposed of 2,OOO,OO'
: pounds the past week. There hav'
= been a number of sales of 10000 t.
> 100000 pound lots. The falling of II
E business referred to last week
wholly a question of dimensions an
y comparisons. There appear to be a
q manv anxious buyers around as evel
Mills Doing Well.
a The mills are doing well. The
are busy as a whole and the industr
e is in much better shape than las
- wear at this time. In the mems wea
- division there is good activity in PR
q. duction and in deliveries. Clothler
are somewhat anxious to receive the
y. lightweight piece goods early. In
NJ, market is firm and recent advance
20 are we'll maintained, duplicate co
q tracts being taken in mos cases on
on the higher basis. Inc outlook Il
.. the new heavyweight season Is g
20 cellent. Manufacturers look for a y
business and it is believed that II
~ full strength of the situation will
70 then developed.
a Foreign Markets.
is The London auction sales clos
he Thursday with prices at the hlgne
point Of the series. During the So
an les $4,000 bales were taken by hor
BUYERS, 10000 bales for the Con
OF nent, 1000 bales for America q
a 900 bales were held over. The nj
he ket is now practically clear OF stot
,s- When the sales opened bidding W
ell active and most descriptions ruled !
changed from the July closing. La'
me the firmness increased and often
ar. vances OF s per cent were not
of Greasy secured sold well. Med
nm. and heavy greasies, which at n
NE were rather weaker, improved. I'M
Tor and faulty scoureds were irregu
and hard to sell. The demand
crossbreds was very strong throu'
out. Coarse sold firmly at unchanf
rates and medium and secured
,tv vanced 5 per cent. Good gre'
bombing from the Cape of Good HI
"a commanded A@Ad, advance.
,,a. On the closing day the oneri'
nae amounted to $751; bales. Super
slipes sold at 1@1hd above the J
average. Good greasyshalfbreds "