Fergus County Democrat., 1906-05-15

entire trade, and unless a radical
change in sentiment among the mer-
chants appears, it seems as though
wool will be allowed to accumulate at
the western points, or be shipped here
on consignment. However, when
shearing is going on generally, and
the f1eeces are piling up, prices offered
by prospective buyers may look more
attractive to the grower
Since the contracting or 100000
pounds in Montana, no further sales
have been made. and the only import
ant recent transaction was the TAX
ing over by Boston buyer of the Da-
ley clip of Casper, Wyo., at 23 cents
With shrinkage of sc to Ga per cent.
the clean cost here will be around 60
cents. Nothing has yet been accom-
plished at Rawlins, where shearing is
in progress Wools are accommodating
to certain extent in Casper Cody,
Sheridan, Rawlins and other points IN
Wyoming, but no buying is reported.
The greater part of the Utah clip has
been already sold. A few stray trans
fers are being made in Nevada at 100
20 cents. Some early wool is being
shorn in Idaho, while Oregon and
Warrington are quiet. Local specu-
lators in Texas have bought some cplis
at q 1-2@22 cents. but the woods are
reported to be heavier and of shorter
staple than those of last year, and will
cost about 6S cents clean in Boston.
Small sales have been put through in
California at 21@22 cents for the mid
die county, and 23@24 cents for north
ern, or about last seasons range Of
prices The farmers in the f1eeces sec
tions are not selling their woods as rap
idly as they expected. In fast, at the
present, buyers are holding aloof, but
some activity is expected within a
week or two.
Business in both Australia and
South America has quieted down. A
few lines Of 5Os-56s breds have moved
at 43 cents, while 46s have been taken
at AZ cents. There is a moderate de-
mand for high quarters and three
eighths Argentine. but available
stocks are limited. The former grade
is strong a 3703S cents, and the lat
ter at 3S@39 cents.
Territory woods are without interest,
and sales are of but small amounts.
About 10000 pounds Of medium Utah
were transferred at q cents. The
quantity is about the ruling one in
present transfers. Remaining stocks,
which are hardly worthy Of mention,
are being firmly held by dealers. Fine
is worth 72@13 cents, and fine medium
6S@70 cents. Half blood is quoted at
6S070 cents, three-eighths at 63065
cents, and quarters at 81 cents. Some
small sales Of new Arizona at rs 1-2
cents and defective California scour-
ed at Al cents are reported. Texas
wool is not in particular demand, al
though some iquiries have been made.
Cancellations are still being sent in
to worsted manufacturers, who are
much dissatisfied with the manner in
which business is turning out. Fur
thermore, duplicate orders Of mems
wear are far from being satisfactory.
The higher prices placed on the goods
are considered to be the cause of the
trouble. Makers of Woolens claim
that the prospect for increased busi-
ness in their mills appears somewhat
better. The jobbing trade is not dis
posing of either worsteds or woolens
actively enough to necessitate near
by purchases.
Montana wool has been sold in South
st. Paul at prices equivalent to 30
cents pound in Great Falls.
The clip was from a band of sheep
owned by Mr.. Hunter of Miles City
They had been on feed at South ST.
Paul all winter, and before being sent
to market they We're sheared. The
clip, amounting to 10000 pounds, was
sold to Silberman Bros. of Boston at
26 cents per pound, and they immedi-
ately turned it over to another firm at
2S cents, says the Great Falls Tribune.
The wool will shrink a great deal
more than wool from the Montana
ranges, and considering this difference
and the difference of the freight rate,
the price is fully equivalent to 80 cents
per pound at Great Falls, and it may
be said that there are scores of sheep
men in northern Montana who are
convinced that their clips will bring
80 cents on the Great Falls exchange.
There is not a sheepman in north
ern Montana. it is believed, who will
contract his wool for less than 25
cents, and as shearing time approaches,
it is probable that very few will con-
tract at that price. The slogan of
-four pounds for a dollar" is a year
bedind the times. Every buyer who
has endeavvored to make deals at less
than 25 cents, except in a few in