The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-10-11

closing quotations of the late London
auction sales were 2R per cent above
the opening rates. Crossbreds appear
to have recovered their popularity,
which at one time was thought to be
the wane. The sixth, closing, ser.
les of the 1904 season will open No
vember %. The fixtures for 1905 are
January II, March Z, May 2, July 4,
September 10 and November %.
The Adelaide sales opened Septem-
Der 20. One cable said that compari-
sons with former years as to prices
were not possible. Another quoted
prices the same as last year, woods
shrinking 50 to So per cent at 1Od,
costing about Is to rs cents clean
here for Cos quality.
All advices agree that the clip of
South Australia is better than for
years and more suited to American
markets. The more important Sgd
ney sales, however, will open on the
10th of this month and will be OF
greater interest to the Boston trade.
News from South America is conspic-
uous by it's absence. 1t is expected
to be highly interesting later on. AL
ready large orders for Argentine
~crossbreds have gone forth from this
country, awaiting the opening of the
Buenos Ayres market.
The latest mail report from Brad
ford says:
"There is little change in the wool
situation here as compared with last
week. The tone is exceedingly firm,
and, though prices have undergone
no alteration as yet, it is clear to
everyone, in the face of what is hap
pening in London, that when they do
begin to move, the movement must be
in an upward direction. Very little
business is being done in merinos and
fine crossbreds, but there is rather
more demand than there has been
lately for the coarser kinds of cross
breds, particularly for 32s, which are
being dealt in more freely than any
| other kind. In English woods a small
but healthy business is being done
for the home market, and quotations
are exceedingly firm. The bigger or
ders, however, come from America
to which market Irish wool is going
in considerable quantities. Rather
more activity is reported in mohair
but alpaca is utterly neglected.
Reports concerning the export
yarn trade are still very unsatisfac
tory. Merchants report that they arr
constantly receiving inquiries from
thei PENSIONERS abroad, but all bust
ness is killed on the question of price
Some spinners, however, are rattle
buster in low counts, both single
ind two-folds. In mohairs there is
good demand for fancy yarns, AM
also for thick singles for Sicilians
but the ordinary trade is very quiet
In alpacas there is nothing doing.
There is nothing new to be sal
about the state of affairs in the piec
trade. One OF two manufacturer!
rather more fortunate than the res
have done we'll with attractive sprin
novelties, but the general report
that the condition OF the trade is ia
from satisfactory"
Territory Is Active.
Territory wool has been in activ
request. Manufacturers are free blu,
ers of about everything on the marke
from ars up to the choicest nm
l There have been several big tran
actions during the week, and a gre;
+ mary small ones. For anything wit
+ staple the secured cost is we'll Ove
= Coo. Medium is not selling at muc
under 55c, clean. Strictly fine slap.
r if it were being made would cor
mand a much higher basis than eth,
4 of the above.
4 In grease prices the recent hig
record is 24c paid for Montana thre
s eighths. The sale was closed tn
week. Two big lines OF Montal
staple, each of 500, 1000 pounds, ha,
s been sold during the week. One WI
e Of fine and medium at 22c to 23c, Il
j. other a line in the original bags
s 21kc to 22c. A large amount of fiji
and fine medium territory sold
17kc to 1870. At 17kc the scour'
cost was 55c to SEC.
10 A good sized line of nice Wyomil