The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-12-09

Up % per cent. Quotations are from
Id to 15d. Heavy orders from Japan
fUr blankets and other army necessi-
ties are the sustaining influence in
the low wool markets abroad.
Mail advices from Marseilles report
an active market for carpet WOODS
with important business for the states
closed, 1900 bales of washed Aleppo
being bought for this side, n also
some u%nwashed. The start, it is said,
was due to the election OF President
Roosevelt. However, the supplies were
bought more for speculation than con-
sumption. Available supplies at Mar
| settles and in the country are cleaned
up. .
It would ne a surprise indeed it a
year should pass without a strike In
the Argentine Republic. The latest
advices from Beunos Ayres state that
a strike started on the 25th of Novem-
Der and that business was at a stand
still. If of long duration the strike
may have a serious effect on this
market, for importers would find 1t
difficult to get their purchases for
warded. Any delay at all in This re-
spect will be felt this year in view OF
the scarcity and wide consumption OF
woods Of one-quarter blood grade and
below. Aside from the strike the
most important news that comes to
portion of the Boston purchases have
been turned wei there to European
buyers.
The latest mail report from Brad
ford says:
"'The tension OF the situation here
increases as the raw material be-
comes scarcer. Some holders are
standing out of the market altogether
pending tomorrow's opening of the
London sales, and have put up their
quotations to an impossible point.
Merinos are still relatively the cheap
est thing in the market, but the de-
mand for them is not at all active.
Medium and coarse crossbreds OF all
descriptions find a sale at last weeks
extreme prices, and quotations have
again been advanced all round. For
ties especially are very firm, and
consumers buying to have had
to pay a stiff price. In English woods
the situation is practically the same;
holders having sold at last weeks
quotations are protecting themselves
by demanding a further advance. Mo-
hair continues to be active and values
show a tendency to harden. Alpaca
is unchanged.
"There is decidedly more business
coming forward in the export yarn
trade, and spinners are better able to
make their prices, although there IS
OF course no correspondence between
the advances that al be got for yarns
and the present state of the wool mar
ket. In mohairs, spinners are still
busy on thick singles for the Amer1'
can trade, and there has also been a
considerable demand for twofold 40s,
quotations tor which have been ad'
> vanced. In Botany yarns the situation
remains unchanged.
Small repeats for the spring are
coming to hand, and the bright goods
trade is in a healthy state"
Good Inquiry for Territory.
Territory woo1s have had a quiet
week, with a good inquiry, however
for woods of medium character, the
supply of which is meager. Perhaps
: the. most important transaction made
: public is 10000 pounds half blooc
. Montana.
. There have been several sales Of
o%ne-quarter and three-elghths, all al
full previous prices. The secured
= cost OF half-blood is placed at 63c tt
64c, and OF one-quarter and three
. eighths at Coo and e Fine cloth
: ing woods have been selling to cos
Csc to &c, and fine medium at SIC tt
63c. There is nothing in any grade
of territory wool that can be bough
today, in the opinion OF most dealers
= at any less than 60c. It makes a dit
ference, however, who figures thu
Il shrinkage. Secured territory woods
are being rapidly cleaned up, fine ant
: fine medium selling at CSC to Csc, witt
> plenty of customers for all coming OF
: the market.
There is some Montana wool bidder
away to be brought to light when thu
= holder willis. There is Utah and wv
oming, especially the latter, to be hal