Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1905-10-27
WOOL BUYING
IS SUSPENDED
Buyers Will Not Take q Chance al
the Prices That Prevailed Dur.
ing Last Summer.
Market in the East 10 Firm-Cat
Still Going out-shipment Of
Horses.

The local wool market is practical
ly at standstill, and SO far as wool
is concerned, this condition prevails
pretty generally over the entire state
the growers all want as much as was
received by them last summer, while
the buyers are unwilling to speculate
on next seasons clip except at prices
under those paid this year. AS for
sheep and lambs. there are practical
ly none at all on the market in this
county.
There are always few cases where
the growers, in order to realize money
to carry on their operations, are will.
ing to make a small sacrifice in
price to get the cash. Most of the con-
tracts on next seasons clip have been
made by this class. But trading may
be considered as practically closed un.
til we'll along in next year.
Several shipments of Fergus cattle
have been made during the past week,
the beef going to the Chicago market.
A number of stockmen who are not
satisfied with the prices now prevail
ling have decided to hold their four
HVear-Old steers over until next sea-
Rson.
< Shipment Of Horses.
4 l. F. David, of Utica, has sold his
ranch there to John Craven, and will
scpOn make shipment of horses to
THE east. Mr.. David received bunch
Off about 20 good animals in his ranch
deal, and will add to the number be.
fore shipping. Horses are command
ing good prices in the east now, and
the shipper who gets in when the
market is not glutted is pretty sure
to realize a nice profit.
Eastern Wool Markets.
Following is the review of the east
ern wool markets in the current is
sue of the American Sheep Breeder
and Woolgrower:
Boston-The market is by no means
as active as the dealers would like
to have it, and is in contrast with
the summer transactions in wool, and
some parties say that the price of Ger.
tain woods are slightly weaker than
they were three weeks ago, while it
is claimed that a few holders might
entertain offers below asking prices.
An interview with the dealers in the
local market reveals the fact that
there is an inclination on their part
to sell wool as opportunity offers If
near asking prices can be obtained,
and a number of mills are purchasing
stock in moderate amounts. The in.
creased call for wool from the small.
er mills continues and is comment.
ed upon by the merchants, and may be
taken as an evidence that many of
them are receiving additional orders
1t is also true that as the worsted
spinners have all they can do for
some weeks to I'LL orders they have
booked. the buyers of cloth are now
treating with the strictly woolen man.
ufacturers for goods, without the
worsted effects.
But little trade is recorded in wash.
ed fleeces of any kind, and the sales
of the bright unwashed were not large
by any means, and were confined to
the medium grades. An average bus.
mess is noted in territory fine medi.
um fleeces, and the prices have chang
ed but little for three months. Scour'
ed wool has moved with ease, and the
oouAC 10 lAuC Will IuC mOVOu1OuL vi
pulled wool when holders we're not
too stiff with their prices. Australian
woods are quiet, with little doing in
any grade; while supplies are by nc
means heavy, still prices are well
maintained. Carpet woods are in
moderate request at old values. The
markets abroad for mohair are quiet
and prices unchanged, while a fair
trade is noted in the domestic arti
Gle, and values are on level with
previous reports. It is said that ow'
ing to the advance in prices and the
extreme views of the growers there is
temporary lull in the way of con
tracing the territory wo0ls, and OF
late buyers who are operating in the
ranch sections could not make what
was thought to be safe investment
and are retiring from the field, and
this is well, for no one can safely fig
ure on next years prices.
Philadelphia-SOme dealers report
an increased inquiry for certain lines
of wool. but the figures at which the
manufacturers are anxious to secure
the stock prevents any large transac
tions, and reduces the amount of WOO
that should be sold at this season o
the year. The fifth series of WOO
auctions in London closed at near the
opening prices for nearly all the WOO
offered excepting low grades, which
advanced about seven per cent from
the lowest figure to which these ha(
dropped during the summer. and thi!
class of wool is now at near the price
it brought last season. Bright fleece!
have changed very little. and thu
sales were light, and yet there is mucf
confidence expressed by the dealers
in the future of this stock. while thu
report from a number of dealers i!
that they expect a good call on thi!
wool from the worsted spinners late
on that will pay them for carrying
the stock. There has been some dick
ering going on in territory wool. ant
moderate size lots were bought b!
consumers.
Dealers ask the question where cal
there be wool purchased in the rancl
section to stock up again when ou