The Billings gazette. [volume] (Billings, Mont.) 1896-1919, 1904-03-25

" RNNSO
have been accepted for goods, while
wool is fully as high as at any time
for six months. The dress goods
mills are in good shape and have
plenty of orders on their books. In
no direction is there any serious talk
about cancellations.
In Foreign Markets
The London market continues firm
with an upward tendency to prices OF
crossbreds, which have steadily work
ed against the buyer since the opening
of the auction sales. With the excep-
ton of half blood prices have ad-
vanced 5 per cent within a week,
making them w to 10 per cent dearer
than at the January sale. American
buyers have been active competitors.
There is evidently none too much in
the way of crossbreds on the other
side.
The Buenos Ayres market is very
active on medium and low crossbreds
and the season is drawing to a close
with prices very firm. Last weeks
advance is sustained and several
Boston orders remain untitled.
The latest mail report from Brad
ford says:
"The last market day before the
wool sales was characterized by the
usual quietness as to actual ordinary
business, and also as to business OF
a speculative kind, but there was a
steady feeling. There seemed to be
no disposition to sell merinos and fine
crossbreds below current rates, and
makers of low colonial tops were quite
firm in their attitude. At the same
time it is not as a rule anticipated
that the curse of proceedings at
Coleman street will show such marked
developments as some previous sales.
English wool is well held, and the
business doing is at fully late rates.
Mohair shows no special alteration.
'In the export yarn trade %spinners
are still very firm in their demands,
and there are a good many speculative
offers about at a little below spinners'
quotations, but hitherto these have
not been placed. Actual business is
of a retail character, but at quite
full prices. For the most part, how
ever customers abroad are awaiting
with interest the opening of the sales
in London. Mohair yarns offer n
special features.
There is no change or improvement
of any sort in the piece trade"
Territory Wool.
Territory wool is moderately active
with n good-sized sale of grease
wool and quite a large movement in
the different kinds of secured. The
general market, however, is quiet
with no decided improvement in the
call for fine medium, though some
holders report a little better demand.
The principal sales of the week have
been at 14@18c for fine and fine me-
dunn Utah, Wyoming, Montana, etc.
The secured basis for clothing wool
remains at 48@49c for fine medium
and 50@52c for fine, but there is little
selling at better than SOC, except for
strictly fine of the Nevada stripe. Fine
staple is practically out OF stock.
The most recent important sale was
made at a little less than 55c, clean.
Medium territory is scarce and firm
on the secured basis of 43@45c and
sales in the grease are reported at
10000.
Fine secured territory has been in
good demand with quite a movement
at around 49c, though for something
very good SOC has been paid.
Texas, Oregon and California.
Texas wool is selling in moderate
quantities, the sales being wholly OF
fall and eight months stock. The
former sells at around 15Rc and the
latter at 16kc, the secured basis be-
ing 45c and 48c respectively.
Oregon wool is quiet and steady.
Small lots of staple have sold during
the week at 15@15kc and of clothing
at 14@14hc.
California wool is unchanged. There
has been a fair business in nor,hsrn
wool, the best still selling at zoe in