The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-01-12
ago, and as they we're in fact in the

No contracting for wool on the
sleeps back has yet been done in any
Of the territories, as far as can be
learned, and the members of the trade
at present feel very conservative as
to prices which they intend to pay
for the new clip when it comes on.
Foreign Reports Encouraging.
The tenor of advices from abroad
tends to strengthen the attitude OF
the domestic holder. Reports re-
ceived indicate firmer markets in
South America and Australia and the
consensus of opinion in the trade is
that the London sales, which open
January 10, will show firm prices on
both merinos and crossbreds.
The sales in New Zealand and Aus
tralia will be resumed next Monday.
At the London sales there will be a
! larger representation of American buy
| ers than was the cas- at the last Lon.
don sales, when, it will be remember
| ed, practically nothing was bought TOR
the United States.
AS to the local market, it is felt
that. except for the severity OF b
weather, a larger business would
have been put through than was &C.
tually accomplished. Some OF the
| fleece houses feel confident that they
would have done more business ex-
cept for that.
Territories.
The feature of the weeks business
has been the sale of some large lines
of territory WOOL, the heaviest pur'
chaser being a well-known dress
goods mill. The latter has taken
largely of staple woods, or woods which
can be used on French combs, paying
therefor. it is understood, 4S@5Oc,
clean. for fine and fine medium.
Strictly clothing woods have sold at
45@47c for fine medium, while strict
w fine woods have sold at 5O@52c,
clean. with selected fine staple bring
ing even more money. n
Sales comprise Wyomings, Mon
tanas, Idahos and Utahs. In some
cases these woods have sold in the
original bags, while in others con-
sumers have taken their pick OF the
woods.
Medium territory woods have recelv-
ed a good call at around 44@45c, and
ou]arter-bloods have been In active, re
quest. some of the best stock bringing
44c. from which quotation prices
have run down to 4Oc for low stock.
Sales Of Utah and Idaho quarter
bloods are noted within the range OF
: 42@44c, and sales of fine medium
: Utah and Idaho are reported at 46Q
47e. and some of the best fine and
fine medium Wyomings have sold a
4S@50c. The price depends largely
e of course, on the character, length ant
grade of che stock.
Prices of the medium and quarter
blood stock continue to press closet.
on the price which is obtained 10
. fine medium stock. For secured tel
ritory there is a continued fair call
but relatively the demand has pee
. more for woods in the grease than !
= has been. Sales of nice fine scoure
!, stock are noted at 10000, clean.
b Texas, California and Oregon.
The demand for Texas wool
quiet. A little eight months stoc
has changed hands at a clean cos
v about 4Sc, it is reported, and Their
u has beer a little something doing
81 fall woods at 44@45c. In IL month
'e stock there has Sheen practical
e nothing doing. 1t is quoted nominal
- at 55c, clean.
lie California wool has received son
IT, call, but no stable lines have bee
IS moved. but an improved business
~ expected to materialize between no
rs and the end of this month. The be
northern wool would command abo
e zoe in the grease, equivalent to a cles
er cost of about SOC. There contlnu
M to be a little business doing in defe
let tive stock at a clean cost OF abo
w 33c.
&C. Oregon wool is firm, but not esl
cially active. Some business, aggl
us eating in the n~eighborhood of 1000
GU rounds. has been consummated wi
OF in the range of 16@17c in the grea'
M Receipts and Shipments.
The receipts of wool at Boston II
week. last week and for the cor
spending week last year were as i
in lows:
thy This week-13,4S1 bales domesti
to 1925 bales foreign. Total, 15,4O6 bal
ich Last week-6,592 bales domest