The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-05-17
and 800, 900 pounds was bought before

and 800, 900 pounds was bought befor,
the wool was shorn.
1t is admitted that prices are hig,
and that the grower is reaping tn,
benefit. Not a pound SO far Dough
could be turned over here at a prof
on todays' market. Much therefore
must be expected of the future. Ii
this connection it is cited that terri
tory wool, except in boom years, has
not averaged higher than SOC, clean
in Boston. 1t would be difficult fol
the most ardent Investigator to fine
germs of a boom in the present sit
uation.
Texas, Oregon and California.
Texas wool is dull. A moderate
quantity of eight months sold at 16c
From 15k @16c is quoted, making the
secured basis 47@4Sc. In the state
the new woods have commenced to
move at 13h@14c for eight months
clips.
Oregon wool is quiet and steady on
the basis of the last important sales.
which means that the market may be
quoted on the secured basis of 4Sc for
staple. A rumor of another consider
able sale this week is unconfrmed.
There is nothing of much interest
from the state.
California wool has been dull. The
| stock of old is we'll cleaned UP and
there is not much new on the mar
ket. In prices there is no change.
Sample for sample the new clip shows
up about the same as last years.
Foreign Markets.
All reports from abroad are of a
publish character, showing activity in
operations, strong statistical posi-
lions, firm and advancing prices. AT
London the& auction sales have pro-
crossed with lively competition and
buyers for everything offered. The
Withdrawals to date have been linn
tied. The series was booked to close
next Thursday, the 10Th, but it is now
quite certain that the wind up will
take place on the preceding day,
Wednesday. There has been a good
average selection offered.
AS exclusively reported in the Bull
letin last week fine merinos have adj
vanced 5 to 7k per cent since the
opening, which was firm at the March
sales closing rates. On low cross
'breds prices have advanced another
5 per cent, making them 10 per cent
above the closing prices of the pre-
Nious sales. The extent of American
purchases is not known, bnt it is GER
tain that a good many orders from
this side have been as yet untitled
owing to the advanced limits. The
Pacific and Arlington mills, it is re.
ported, have been factors in the cross
bred movement.
From other foreign markets advices
are as strong as those from London.
The tendency is upward at all Euro
centers. At a sale of low woods
at Liverpool last Tuesday prices adj
vanced 5 to 7k per cent.
The latest mail report from Brad
ford says:
There was a nicely strong market, |
without a great deal of fresh business, |
consequence of the opening of |
the London sales tomorrow. There
was a general report that stocks of
all kinds are short, and that low
cr%ossbreds, at any rate, will be dearer
at Coleman street. Holders here do
not seem at all anxious to sell, and, |
as to fine crossbreds and me-
rinos, there is a steady attitude. Home
grown sorts of nearly all kinds are
we'll held. In mohair, some large
recent business is talked of, but it
does not appear to have affected the
market. 1t would seem that alpaca
has thoroughly steadied after the late
considerable drop.
"The tension in the yarn trade is
naturally a little more pronounced to-
day. In the export trade customers
the continent are very difficult to
deal with as a rule, but apparently
some business is being done from
this end at a small profit. In some
fancy yarns spinners remain well en-
gagged, and seem easily to get their
prices. Botany spinners for the home
have perhaps a trif1e more to do.
n mohairs and alpacas there is no
development.
"The brighter weather is having a
effect for the better in the home
warehouses;. The Canadian in.