Fergus County Democrat. [volume] (Lewistown, Mont.) 1904-1919, 1906-07-10
WOOL BUYERS ARE ARRIVING
SALES START FIRST OF WEEK
Jack Patterson Dean Of the Corps Of lewstown BUYERS Arrived the
City Last Evening and tschleman Will Be TonetNo Troubles
Between Buyers and Growers Anticipated

| ion, aided by plenty of available
money and the continued buying on
! the part of eastern operators.
The transaction of principal inter-
est was the purchase of the j. D.
Wood clip of Spencer, Idaho, amount
ing to 100000 pounds, by Koshlands,
firm that had not previously oper-
| ated extensively. The price paid is
estimated at 23@24 cents. The lowest
| figure is several cents above what it
brought a year ago. With a shrink
age of 60 to 81 per cent as estimated,
the purchase is not considered a bad
| one. The wool runs mostly medium.
A recent advice states further large
transactions have been closed for a
st. Louis dealer at 1902 cents. At
different points in the state clips
| have been taken at 1922 cents, for
average ones, and up to 20 cents for
choice lots. Sales were also held in
| Oregon, one at Elgin having gone off
quite well with about 100000 pounds
| taken by Boston buyers at 1920
cents. But idaho and Oregon are
now pretty we'll cleaned up, and only
about 100000 or 10000, 900 pounds re-
main in Wyoming. Consequently,
| buyers are preparing for business in
Montana, the clip of which is prac-
tically untouched.
| At Casper, Wyo., the famous "Tay-
lor" clip, amounting to 100000 or $780,
900 pounds, was bought by a Chicago
| dealer at 23 IA cents. Some other
stray lots were also taken at 22@23
cents.
! Montana sheepmen are reported to
be holding quite firmly for 25 cents,
but small transfers at 24@24 12 cents
| are reported.
| Spring lines of light weight goods,
both wooden and worsted, are being
bought quite freely, despite the ad-
vances. However, the latter were fair,
considering the position of the raw
material market. Cheaper lines that
were opened on a parity with 1905
opening rates do not move as we'll as
expected in comparison to the finer
grades If the wool market main
tains it's strength until duplicate light
business of Importance becomes nee
essary, it is quite probable that ad-
ditional advances on cloth may follow.
Heavy weights are being duplicated
moderately we'll, and consequently.
as a whole, the wool manufacturing
Industry is in a position of consider
able firmness.
According to the eastern wool buy
ers, who have just arrived in the city,
the Great Falls wool market will be
very sluggish this season, all present
indications pointing to that fact.
i F. H. Putnam, of the firm of Hecht,
Lehman & Co, of Philadelphia, c. w.
Dow, representing ]. Koshland & Co.
of Boston, L. G. Holden of Boston,
; representing Dewey, Gould & Co. and
Robt. H. Stevenson, Jr., representing
Whitman, Farnsworth & Thayer, are
the early arrivals and will make this
!, city ther headquarters until the close
Of the season.
/ Mr.. Putnam has just arrived from
!. other sections of the wool growing
states, where he has been buying
during the past month or two, and re-
ports that on account of the high
J prices expected by the growers there
, are millions of pounds unsold.
Mr.. Bateman has spent the season
so far in Boston, the center of the
} wool industry, leaving there just a
r week ago for his yearly visit to this
) city.
He reports that the market condit-
4 ions in the east are very much the
: same as in the west, very sluggish,
!, the demand being very light and
l prices not attaining that elevation
r which has for so long been antici-
e pated by the western grower.
e Mr. Bateman states that the wool
0 growers slogan of this season of -Four
. pounds for dollar is proving an al
n most unsurmountable obstacle in the
k way of the buyer, as the present con-
n dition of the market will not allow the
n paying Of any such a price, and that
8 unless conditions change the general
q wool prowor will not roco;ya orx, cueh
: a price for his clip.
: Mr.. Bateman states that his firm
n has purchased many thousand pounds
n OF wool in the western states this sea-
: son and at prices which did not touch
e "a cents. that while a few of the clips