Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1905-10-13
HOLD WOOL AT
HIGH FIGURE
Not Now Considered Likely That Buy.
ere for Big Eastern Houses Will
Visit Fergus This Fall.
EsHELMAN OPERATES IN UTAH
Growers Seem to Think There Will
be an Advance Over This Sea.
oon'o Prices.

Growers Seem to Think There Will
be an Advance over This Sea.
sons Prices.
It now looks as though the wool
buyers for the big eastern houses
would not visit this section at all this
fall. The attitude of wool growers
throughout the state is not favorable
to contracting for next seasons clip,
and lately they have been fixing high
er prices on wool than prevailed six
weeks ago, when considerable contract
ing was done.
In Fergus County.
In Fergus county. the wool growers,
as rule, believe that prices will be
higher next year than they were this
season, and will not contract except
at an advance. The largest growers
take different view of the situation,
and generally hold that the point
reached this summer is as high as can
be expected. The highest average
grade Of wool produced in Montana
is grown in Fergus county. and the
clip brought the highest average price
paid in this state. The large grow.
ers say that any advance would bring
the price up to the importing point for
Australian wool of the same grade,
and for that reason they believe that
there will be no advance next year
over the prices paid for the best clips
this season.
Buyers Are Recalled.
However, the growing belief in high
er prices has convinced the big
houses that little business is to be
done now, and practically all of the
outside buyers have been recalled.
Eshelman in Utah.
Frank w. Eshelman, a Philadelphia
buyer, who has operated in this Sec
tion for several seasons past, and who
was expected to be here this fall, is
in Salt Lake City, and it is thought
will not make the Judith basin at all.
The Salt Lake Tribune of last Sun
day contains this note:
Frank w. Eshelman, Of Philadel-
phia, is at the Knutsford. Mr.. Eshel-
man is one of the most prominent
wool buyers of the east and his visit
here will be devoted to study of
wool conditions in Utah.
The Utah woods are considerably
below the grade produced in Fergus
county, and Utah may be a more ia
vorable field for the buyers just now
than Montana.
A Singular Deal.
The Yellowstone Monitor gives the
following account of a deal made in
that section which will prove of some
interest here:
Dan Hallett, for jeremiah Williams
& Co., has contracted for the wool Of
Cannon & Davis for 1906 at 22c, ad-
vancing $4,000 at six per cent and
allowing them the privilege of selling
to other parties at an advance. If
they can sell for 24c or over they pay
Williams 1c per pound and retain the
surplus. This Is a gilt-edge contract,
seldom realized by the w0olgrower."
Dun's Wool Review.
Following is Dun's review of the
wool market:
The London auction sale concluded
on wednesday after a better business
than the most sanguine expectations.
There were attractive offerings that
aroused spirited competition, sales be.
ing made at a substantial increase
over the preceding auction in many
cases. American purchasers were in
evidence at all times, considerable
wool being secured for this country.
The domestic situation remains unal-
tered, quotations ruling firm and hold
era exhibiting no anxiety to find Gus
toners. Mills are steadily absorbing
moderate quantities of raw material,
prices ranging the same as when the
month opened, which was at the high
est point in over twenty years, except
for a slight shading in few divisions
of the market.
Boston-The wool market continues
quiet, but with a little better demand
this week Than last. Rather more in
terest is shown in medium fleeces and
low woods and the market has strength
ened, with strong foreign advices.
The close of the London auction sales
was at the highest rates of the SER
les. Deliveries of 4,O56,478 pounds
exceed the receipts of 2,284.196 lbs.
Philadelphia-There is no marked
activity in the wool market, although
a little freer movement is noted, par
ticularly in territory, and several fair
sized lines have been taken as the
result of recent sampling. The mar
ket is firm ON all fine and medium
fleeces. There has been no Quotable
change. Dealers are looking forward
to a better demand for low woods lat.
er in the season. Stocks in dealers
hands are light and confidence in the
outlook is strong. It is expected that
available supplies will be absorbed long
before the close of the clip year. Sales
including fine territory were made at
72c; fine weave Montana at 78c: orig.
inal Dakota and Nebraska at 72C
clean, and fine and fine medium DakO.
ia at 72c clean: quarter and three
eighth Dakota at CSC clean; original
Wyoming at 73c clean; original Tex
as at 27c and black territory at 24hc
The Latest Consumption Cure.
New York, Oct. 12.-Professor Beh
rings announcement to the Interna
tional tuberculosis congress in Paris
of a cure for consumption has arOus
ed widespread interest in America
says today's Herald.
R,,N nj