The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-05-10

PRICES. IN crOSSDreQS, however, the
keenness of the euge is still on, and
although prices are not ouotably
dearer than on Monday, the turn of
the market is against the buyer with
regard to all qualities. Mohair is
quite steady at the recent low rates,
and alpaca is at present unchanged.
I'm the export yarn trade a very
keen and %protracted struggle is being
waged over prices and merchants are
constantly finding, when they have
succeeded with their customers as
they supposed, that they are too late
for the market. In twofold 32s and
4Os worsted, there is again inquiry,
and some spinners have advanced
prices still further. Single 30s are
also up 1h d. a gross. In mohairs,
there has been business in 32s quietly,
on a rather large scale, and there is
also some little inquiry for alpacas at
about recent rates. Botany spinners
still complain bitterly about the slow.
ness in the ordinary welt trade.
In the home trade unquestionably
the outlook is improving, and although
e is not much in the way of new
business, manufacturers of pieces are
picking up a few orders. The shipping
trade remains fairly busy. There is
also some talk of an Improvement in
bright stuffs, stocks of which are
low"
Territory Wool.
Territory wool is in moderate de-.
mand. Since the large sale of last
week there has been no business of
Importance. The weeks transactions
are made up wholly of small lots
OF the various kinds, one concern SELL
ing 100000 pounds fine medium and
at 15@17c. In the secured
woods there has been a very good
business, for they are thought to be
cheap, and the new fat sheep woods
have been selling very we'll, it is
said, and at a profit despite their high
cost in the country. A straight fine
clothing when wanted will sell on the
secured basis of SOC, and fine medium
at 4Sc. Both quotations, however.
are outside limits. Very good fine me.
diums have been recently cleaned up
at 45@46c, clean, and some has been
ofered around the market at 44c, it is
said.
The medium grades continue in de-
mand and sell at close to the price
OF fine medium. On the secured basis
OF 42@45c there have been several
sales this week, and the market is
reported to be closely sold up.
ii Lively in Wyoming.
Interest in. the west seems to be
about as acute as ever. There has
been no great rush to buy but the
amount of the new clip that has been
turned over to date is fully equal
in quantity to previous years. The
dubious situation in the east has only
partially curbed the ardor of buyers.
The early shorn woods in Utah are
pretty we'll cleared up. The best
clips sold as high as 14kc, and the
loeWst price paid has been 1897 In
Idaho the clip has been moving at
l2W13c. The March and April shear
lngs in Nevada have changed hands.
There will be another shearing late
this month.
AT Casper, Wyo., the woods have
sold as fast as offered, and 400. 900
pounds, which is not shorn, has been
contracted for. Anywhere from 12M
to 14Ac has been paid. A strike of
the shearers at Rawlins has in a
tied up that market, but l.
100000 pounds was to be sold there
yesterday on sealed bids.
There is a wide difference of opin-
as to the landed cost in Boston
based on the prices paid in the west.
Some say that 45@46c, clean, will be
the cost, while others place it at
47@4Sc and even higher in some in
stances. Every authority agrees that
the margin of profit is slim on today's
Boston market. AS to the condition
OF the clip opinion is also at variance.
The Wyoming woods are said to be
strong and handsome, we'll grown and
OF good staple. 1t is also said that
all territory woods are from 3 to Z per
cent heavier than last year.
Texas, Oregon and California.
Texas wool is dull and featureless,
Local quotations are unchanged and
purely nominal in the absence of bust.
ness. In the state the new woods
are being shorn, and are held at lac.
l412c and l5c in some cases for eight
months clips. But there has been
nothing of consequence doing, and,
therefore, the season has not really
opened. Opinion here is that growers
ideas, so far as heard from, are alto
gether too high.
Oregon wool has been quiet this
week following the sale of a large
block OF staple exclusively reported in
the Bulletin last week. There has been
no further business of Importance.
For staple the secured cost is quoted