Mountain Home maverick. [volume] (Mountain Home, Idaho) 1906-1911, 1906-07-19

days in Mountain Home this sea-
son. Tuesday the usual bunch of
buyers were here, acting in har-
mony, offering prices that the
growers promptly refused. There
were more than 500, 600 pounds of
wool in the warehouses here, but
only few clips were offered, when
it was quite clearly developed that
the buyers had formed a combina-
tion not to give the growers an
even break, so the other clips were
withdrawn. Two bags of buck
wool were sold at ID cents, and
Narcisso Portca sold thirty-six
bags, 10, ,o45 pounds, at ia cents.
Bids ranged from IS to i71.
The buyers say that the reason
for the low prices offered is that
though there has been no noticeable
decline in Boston quotations, big
stocks are held there, with few
seekers after wool-which alleged
/ explanation is both ridiculous and
untrue. They seem to labor under
] tllt OiiCOdo OoSiOii AiioN my
have a monopoly on information
regarding the wool situation of
the world and any old ''stall'' will
suffice to fool the sheep men. AS
matter of fact, the wool market in
both Boston and London has inn
proved of late. Dunn's Review of
the fourteenth instant says of the
situation in Boston:
1.-The wool market is rather quiet
this week, due to the uncertainty
of London cables as TO the open
ing of the auction sales there and
the fact that many buyers are not
yet ready to operate, owing to the
slow development of the goods situ-
alton. The demand, however, is
good, and a vast improvement on
that experienced last month. Bus
mess, too, is of fair volume and
bids fair to materially expand in
the course of the next few weeks.
The transfers include numerous
lots of SO, 900 to 200, 900 pounds
each of territory wool, a good
amount of medium unwashco
fleece of three eighths grade, and
sizeable lines of Argentine cross
breds."
Telegraphic reports Tuesday from
Boston say: "The improved con
ditions shown in the wool marke
are a distinct encouragement t.
the trade and quotations from
Idaho are given at from % TO q
! cents.
The transparent truth about th'
matter is that Boston and Londor
quotations have little or no effec
on local prices. The statement o
buyers that "there are few seeker
after WOOL" is the mcrcst tommy
rot. With wool, as with whca
and cotton, when prices are quotes
from the worlds big market places
it means that buyers are paying tn
figures named.
= Since Fred Gooding failed to sc
n cure from Boston bankers none
p with which to handle the Idah
: wool clip, local buyers think
d and, perhaps, with good reason
c that they have growers hereabout
z over barrel and that they will
: have to accept what they choose
: offer. OF course, it was throug
# the efforts of the big wool dealers
d who furnish local buyers none
II with which they operate, that tn
/, eastern bankers refused to advanc
: money direct to the growers
e move their clips. 1t is the busincs
s of these bankers to loan money,
is through that transaction ths
: they derive their profits, and e
IS wool is as good security as gov
? ernment bonds, ii needs no corrof
o orative testimony to convince an
Ie one that Mr. Gooding was turne
l. down merely because he wash
d strong enough in influence to buc
l. the big dealers, who are cinchin
the sheep men of the west.
e This is the modern busine:
st method, the trust system, that ca
or be defeated only by counter organ
" zation. It is a big commercial ba
Iy tie, with no especial blame attacf
le ed to the combination of buyer:
k but it is an offense to the INTEL
m | gence Of wool growers, and there
fore a trifle irritating, TO be hande