The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-07-05
BOSTON MARKET RESPONDS TO
WESTERN ADVANCE.
VERY ACTIVE AND BUOYANT
Past Weeks Trading in Wool Second
Biggest in History Of Hubs
Market.

The market has been very active.
The demand has been general, with
representatives of nearly all the mills,
large and small, operating, say the
Boston Commercial Bulletin.
But the event of the week was the
| closing of a large deal on Thursday
with the American Wooden Co., involv-
ing many millions of pounds, estimat-
ed at between 100000 and 100000
including territory OF all kinds, from
Utahs to Montanas, Oregon, medium
fleeces and some foreign. This tran
s~action, with many smaller ones,
brings the aggregate business of the
week to fully $4,000, 900 pounds, the
estimate OF conservative dealers. 1t
has been the second biggest week in
the history of the Boston market.
Most of the transactions were in
supplies not yet opened, and there
fore practically to arrive. In one
quarter and three-eighths there have
been sales at Csc and choice Ken
lucky sold at soc; medium Montana
sold at 22h @23c, and the range OF
territory was down to TIC. Valley
Oregon sold 1t 25c and No. 1 staple
at 19c.
Firm and buoyant.
1t is a firm and buoyant market.
Prices are higher than a week ago
and show a good advance on the
prices it was possible to obtain a
month ago. AS usual there are some
croakers, but their ranks are thin.
A year ago there were only a few who
had any real confidence in the situation.
At present the bulls are numerous.
In the west the clip is practically
all sold UP outside of Montana and
Oregon. In those states there will be
public sales next month at which the
offerings will be far less than last
year, so freely have the woods been
contracted ahead.
A Great Falls, Mont, special says:
Wool buyers in Montana are on che
Jump, literally hitting the high
places" They are driving from ranch
to ranch, buying wool right and left
from off Sleeps backs, and hurrying
on to the next place. For the past
10 days or more Boston houses have
been wiring their buyers to buy, buy,
and instructing them to pay more
money, but anyway get the wool
Nineteen cents has been paid at Great
Falls.
The Mills.
Not all reports from manufacturers
are cheerful reading, but most of then
are. Philadelphia seems to be thu
!. most doleful place just now. That thu
general goods situation has beei
steadily improving the past few week
is seer in reports from New YOrl
| commission merchants and from man.
manufacturers. The lightweight sea
son is full of promise. The official
of the American Wooden company re
port the opening of preliminary line
I of goods from three of the company
mills sufficient to test the buyin
power of the country, and orders cam
in in much greater volume than wa
Expected. The three mills that opel
ed their goods never sold their prt
duct so rapidly and in greater volume
which fact is considered indicative {
= general business conditions.
Foreign Markets.
IS The most important feature of tn
s foreign situation is the advance OF
- per cent in crossbreds at the Antwer
If sales on Thursday. All foreign a.
o vices are strong in tone with tt
IS best authorities predicting high'
- prices at the London auction sale
due to open next Thursday. The lis
for the series closed with the follo'
s. ing amounts: New South Vale
~ 4O,685 bales; Queensland, 1875;
v. bales; Victoria, 31,529 bales; Sou
Australia, 1928 bales; West Austr
q liza, 1862 bales; Tasmania, 9,67S bale
- New Zealand, $4,000 bales; Cape
,e- oGod Hope and Natal, 48,137 bale
r. Forty thousand bales of Cape of Coz
Hope and Natal, and 1880 bales
A~ustralasian were forwarded direct
spinners, leaving the amount ava
Sc able for the sales, 100000, includil
ke 1000 held over from the third serie
: The latest mail report from Bra
ford says:
1.-THE market is somewhat excit'
%. over the reports of the country sal