The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-05-07
WOODS ARE HELD
AT HIGH PRICES
Eastern Manufacturers Deeply Inter
ested in Utah and Montana Clips.
BUYERS MOVE NoRTHWARD
PRACTICALLY ALL SHEARING
HAS BEEN DONE IN UTAH.


tinues undated through the western
states. especially because of the hish
prices that have prevailed and because Oh
the unusually fine clip that has thus IaF
been made at the cOTrals in Mohtdhd,
Most of the buying is now gong on IL
the latter state. which. outside OF OtS-
gon, is practically the only state Where
any WOO! remains UnSold- -
II is estimated that 3 per cent OF tile
clip of Montana has already been sou
Prices range from u TO a cents IN
Utah. Nevada. Idaho and wyoming, tilt
new woods are practically All sofa, Only
a few Struggling clips remaining 10 DC
cleaned up. Contracting is still going on
in Oregon. the ruling prices being 10 anu
20 cents 1t is probable that All the WOODS
that can be secured in Oregon before
sales days will be taken by the eastern
buyers who have been operating In the
Utah field during the past few weeks
Shearing is in full progress now IN m
California, the woods being practically
all sold. Prices have ruled very mSn
there as in other sections Of the far west
Market Rules Strong.
In the east there is d stronger market
with prices showing an upward tendency,
and in some places prices are actually
higher than the most optimistic DeiieNed
they would be. Manufacturers are snow
ing Il lively interest IN the market, though
in the absence Of stock business IS light
In some instances they are evincinG a
willingness to buy contracted WOODS 10
/ arrive, where they can get them. Deal
erS. however are not showing any spec
ial- eaEerness to sell or, in fact, to go
! further in this direction. in view of the
upward tendency of prices through the
west.
In Boston. for instance the stocks of
actual woods are very light. and practic-
aIIv no territories are offered outside or
the new Arizona woods The latter are
said to show a slight shrinkage owing
to the heavy rains which prevailed
through that territory just prior to the
Shearing-
There is considerable interest shown in
Massa ChUsetts manufacturing towns in
the future Of the market Many of the
recent purchases were made at prices that
will make the woods cost 6 and 40 cents
landed in that state On THIS basis me
dunn woods will be fully up to parity
with Australian ana South American
cross breeds. 1t is not strange therefore
that manufacturers are turning their at
tentiOn to foreign woods and that there
is larger movement in them than has
been the case Of late.
If the London sales open firm and
higher. aS expected and hoped there VIII
he feeling Of relief in the trade as II
is recognized that prices are now on a
| high basis. and that break in the for
here.
Stocks Are Light.
While stocks are light. there is some
/ thing doing in Boston in territory woods,
! but at higher prices If there were any
staple woods in stock they would bring
quoted on q basis Of 65c and SIC. with
( fine medium at &c and sc. and medium
| at 5Sc and 6lc. Fleece woods are quiet,
owing to small stocks. but there is a Ge-
/ mand for medium grades. and it is re
J ported that some sales Of new woods
! have been made on approval at fun pric-
| IS. Washed fieeces are in light request.
/ but prices are firm at sc and 24c for
! NX and above and 56lzc and SIC for fine
| deIaine
/ There is a better movement report ed
]
1 bTeds- owing to the exceedingly firm sit
/ uation in domestic woods Prices are
/ tatlons- Clothing. SIS. 9Od%2c- with some
( holders asking 93d95c; los. S505Tc: comb
: ing. aus. S9dS4C. 64s. to 15S- 1S6tS2c; Cos
} 7SGSGc, 56s, 64d65C. j0s. 5tG5SC: 46s. 5S0
! There Is also a better movement in
! South American woods and crossbreds
/ have sold cutie freely within d range
| Of $3T5oc- The quotations are: Quarter
! bloods. 34T35c: three-eighth hoods 35d
/ Soc Lincolns. c3d3fC.
/ The London wool sales will open next
i Tuesday. the offerings being $4,000 q
10000 bales. including the withdrs wa Is
! from the previous series Quite mum
Der of buyers from this side viii be il
/ attendance. and prices are expected t
b open firm and higher.
Domestics May Go Up.
Prices are still largely nominal at tho
eastern markets for domestic WOODS
| week viii show strong upward ten
/ denCy. Latest quotations for the product
/ Of this section of the country follow:
5 CaiifOTnia-HumbOldJ and MendoCino .
n29c: northern. choice. G5H27c. avera ge
1qd2lc. middle counties. 1Snz0C- southern
| lId1Sc: fall 20d21c.
/ Disqualification staple. 2Id22c: cloth
ing 19G20c: valley. No ]. 25d26c; No >
I26d2Sc. No 3. 24G25c.
Territory Idaho fine 90u21c- heavy
fine 15d1SC, fine medium. 2Nd2fC; ne
dunn 22d23c. low medium. 24d25C, WyO
ming. fine. 1Sd19c: heavy fine 16T17c
fine medium. 19f2Gc, medium. 25G2ic; low
medium 2fN25iqC, Utah and Nevada fine
Iq621C- heavy fine. 160IIC- fine medium
I9G21c, medium. 22d24c; low medium. 24F
25c. Dakota fine 2GU21C. fine medium. =
G21C; medium. 24n25c: low medium. 246
&c
Moutana-Fine choice 22d23C- fin,
/ average I9H2Gc. fine medium. choice y
/ d23c: average. 1920: staple. 23095c: me
dunn choice 23d25c- average 21d22c; low
23d25C
/ Colorado. New Mexico. etc-CoIorad d.
fine I5T16c, fine medium. 16GIIc; me
dunn. 1IG1Sc. coarse. lSd19C. New Mex
leo approved, 16G1IC- Arizona heavy j
all. average. 1SGl9c; choice, 2ld22c
Georgia 29G3oc.
! 1t was stated last night that out o.
the large number of eastern buyers VIII,
have been making Salt Lake their head
quarters for the past six weeks. scarcely
/ one of them will be here this timt
next week but that they will have trans
( ferred the scene of their operations L
| Montana and Oregon.