The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-05-31

ONS NJ
market is firm, it is not yet possible
to actually score an advance. Mohair
has been moving rather freely of late,
especially as regards Turkey, and
dealers have consequently stiffened
their backs as to any further business.
Users, however, have probably salts
fled their requirements for the time
being. Alpaca is also very firm, but
without further transactions.
"In the export yarn trade the mar
ket is rather quiet as regards actual
business, but the position OF spinners
is one of great confidence, and, unless
merchants are prepared to pay the
price, orders are invariably returned.
TWo-fold worsteds are all quoted the
turn dearer, and in super lustres there
in an advance in rates. Dennis are
quiet for the time being, but spinners
are quite firm. In mohairs, particulars
are coming very freely, and, although
there is not much new business offer
ing, spinners are very busy on 32s.
Alpacas are all very firm. Botany
spinners complain that they cannot
get the slightest advance on yarns,
Notwithstanding that wool is dearer.
"In the home piece trade there is
decidedly more doing, but business
is almost entirely confined to goods
already manufactured"
Territory Woods.
Territory woods are steady and the
amount OF old wool sold has been lar
ger than for some weeks. With some
buyers willing certain dealers have
thought it a good time to close out
stocks. The only thing that is diff
cult to find is staple of any grade.
1t was never scarcer, and yet is not
even nominally quoted higher. 1t is
worthy of note, however, that a buy
err searched high and low for staple
half blood and could not find it. All
the business of the week has been
in clothing woods of the different
grades. One line of 100000 pounds
Idaho was cleaned up at 44c for fine
and fine medium. There have been
several sales of 100000 pounds and
more, prices ranging from lac up
ward, OF just about what dealers have
paid for the new woods.
The outside secured basis of fine
clothing is SOC, and of fine medium
4Sc. A good portion of the weeks
business was on a lower basis.
A good demand for medium terri
tory has led to quite a volume OF
sales, none of which were OF very
large amounts. From 16 to TIC has
been the range of prices, and the
secured basis is anywhere from AZ
@45c.
The buoyancy. of the western mar
kets continues. One of the noteworthy
transactions of the week was the
sale Of the Morton clip OF 5000 0
pounds at Newcastle, Wyo., only TO-
900 pounds of which was sheared at
the time the deal was closed. The
price vas 15Ac, or about 17h here.
The %shrinkage is estimated at 67 per
cent. ~
The season at Rawlins and Casper
is about over and the bulk of the Utah
and Idaho clips have been either
bought or contracted for.
Texas, Oregon and California.
Texas wool attracts more interest
in the state than on this market. To
be sure there is very little old wool
left, but even that little does not sell,
But there has been a rush for the
IL months clips in the state and an
excited market, from 1872 be
ing paid. According to grade this
means that the secured landed cost in
Boston is 53@55c. 1t would be a
difficult feat to turn them over on that
basis, not to mention at a higher price
to insure a profit. The eight months
woods are gradually and steadily pass
ing cut Of growers hands, buyers
paying around lac. Estimates OF
their secured cost here vary, running
all the way from 45c up. The Kerr
Vile woods are expected to be sold
today or early next week.
Oregon wool, while dull here, has
made a good start in the state. Or
Monday there was a sale of about 800,
900 pounds at Pendleton, and or
Thursday there was a big sale O
1,OOO,O 900 pounds at Heppner. Buy
ers form all the large eastern houses
were present and a number OF prom
inent WOrsted mills were represented