Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1905-07-21
CLIPS BRING
FAIR PRICES
Result Of the First Auction Sale Of the
Season in the Local Wool
Market.
STEPHENS REJECTS ALL OFFERS
Tie Bid Of Less Than Twenty.Three
Cents Fails to Take the
Big Clip.

The local wool market came to life
Wednesday morning, when a public
sale was held, and for several hours
the warehouse looked like old times.
The unsold wool amounted, all told,
to about 100000 pounds, but only
few of the clips were on hand, and
OF these, all but one were disposed of.
Nine lots were sold, the prices run
ming from 24A cents to % cents.
While the bidding was going on, the
scene in the warehouse was lively
one. A number of woolgrowers and
others interested gathered to wit
ness the proceedings, and when the
sample bags wre rippd open, the buy
ers went through the wool with a
thoroughness that left nothing to
guess work.
Stephens Refuses Bids.
Interest centered chiefly in the clip
of Oscar Stephens, amounting to near
ly quarter of a million pounds
When the bids were in, it was found
that Eshleman and Trumbull had
made the same offer, 70 SO cents.
Mr.. Stephens, believing he should not
receive less than % cents, after con.
sidering the matter, rejected both
bids, and will probably consign the
clip himself.
A Beautiful Clip.
The finest clip seen was the COM
paratively small one of Svend Mau-
land, of Judith. The wool was very
bright and brought out good offers.
1t was secured by Eshleman at the
top price of the day, 24X cents.
Mons P. Tiegen let his clip of about
100000 pounds go at ~ cents, Eshle-
man getting it.
Record Of the Sales.
Following is the record of the sales !:
Svend Mauland, $4,000 pounds tc
Eshleman, for Justice, Bateman &
company, at PAN cents.
terson, for jeremiah Williams & com.
pany, at "a cents.
| Anderson & Mauland, 10000 pounds
/ L
& Thayer at "a cents.
| Spragg & Kierstead, $4,000 pounds
to Trumbull, at 221s cents.
! Peter Mcconnell, 10000 pounds to
Patterson, at 2211 cents.
| Chauncey Stubbs, 10000 pounds to
Eshleman, at % 5-S cents.
| w. e. Bean, $4,000 pounds to Pat
terson, at % cents.
Fred France, $1,000 pounds to Trum.
bull, at % cents.
Mons P. Tiegen, 100000 pounds to
Eshleman, at % cents.
| Dun's Wool Review.
Following is Dun's current wool re.
view:
There is no change in either the
volume of business or the quotations,
which are steady at the highest posi-.
tion of recent years. Mills are not
purchasing freely, but there is no dis
position among dealers to make con-
cessions in prices. The London sale
has progressed favorab1y, with brisk
competition and fully sustained quo.
tations. Offerings were readily alb.
sorbed and few lots withdrawn.
Boston-There is a fair amount OF
new business in wool and free deliver
les on old contracts. Receipts have
increased, but a good portion is on
manufacturers account. Full values
are being received, and there is nc
evidence of weakness. Foreign ad.
vices continue strong, with the active
competition between English buyers
at the London auction sales confirm
ing the shortage in the United King
dom. Receipts for the week were
II, 1888 ,7O6 pounds and deliveries 3,
349,503 pounds.
Philadelphia - The Philadelphia
wool market has been quiet during
the past week, with a small volume
of trade. There has been some samp
ling, but manufacturers are showing
but little disposition to purchase in
advance of immediate needs. The
market is firm and in sellers favor.
Another Market Talked Of.
Several more unsold clips are ex
pected at the warehouse by tomorrow
morning, and there is talk Of hold
ing another market then. Whether
this method is followed or not, it II
expected that considerable wool viii
be sold between now and Tuesday
c. M. Clary, of the Rock creel
bench, yesterday sold small clip o
about 5000 pounds to Eshleman, fol
Justice, Bateman & company, for 22M
cents.
Shearing is still in progress il
many parts of the county, and there
is much more wool to come in To-
baling, although most of it was sole
. long ago. 1t is learned that the in
crease in the flock of the Sage Creel
Sheep company foots up a total o
12,268 lambs from 14,4O0 ewes, which
while a very fine showing, is no
much above the average throughou
the county.