Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1906-04-03
CONTRACTS
FOR LAMBS
First Time in History of the Sheep
Business Here That This Has
Been Done.
ho6SON AND WHITE IN DEAL
Price Paid is $2.5o Per Head
Lambing Begins-L. II. HamiI.
ton on Wool Situation,

sheep business Saturday. when S. S.
HobsOn. of the Bank of Fergus Coun-
ty, contracted with b. C. White, of the
Buffalo Creek Sheep company, for the
latters lambs. They are to be deliv-
ered in October. and the price agreed
upon is $3.50 per head. So far as
known. this is the first time in the
History OF the business in this state
that lambs have been contracted be-
fore they We're born, and the price is
something to make old-timers gasp.
II shows, however, what faith Mr.. Hob
soh has in the sheep and wool bus
mess. The contract calls for 1000
head of lambs.
The First Lambs.
Leslie II. Hamilton head of the
Sage Creek Sheep company, was in
town at the end of last week. He says
thai the outlook in his section of the
country is now exceedingly bright.
During the recent cold snap, his com.
rany was feeding at the rate of so
tons of hay a day, but the sheep came
through in fine shape. Lambing has
jus. commenced in this company's
bands, and while this is somewhat
earlier than usual, the conditions 50
far have been fairly satisfactory. Mr.
Hamilton is satisfied that Wool will
he at least as high this season as last,
with a good chance for an advance
over last years figures
Dun's Review Of the Wool Market.
market is the most encouraging that
has been given out by that extremely
conservative publication in some time.
II is as follows:
Eastern wool markets draw much
strength from the firm tone noted in
daily dispatches regarding the pro-
gress of the London auction sale.
Prices there are firmly held, there Is
eood demand from European buyers
and American agents make frequent
purchases. Domestic mills are busy,
and all reports indicate steady de.
nand and firm quotations. Favorable
reports regarding the new clip do not
unsettle prices, owing to the readiness
With which all offerings are absorbed
"Boston-The improved tone of the
wool market resulting from the firm
ness in London is fully sustained. The
week is characterized by heavy trans
fers of imported cross-bred stock
Australian and New Zealand mannfac
turers having become convinced tha,
they could do better here than in Lon
con. From 41k to 43 cents has beer
paid. Supplies sold here recently a
around AZ cents cannot be lande.
from London at less than As cents
Prices have further advanced at thu
auction sales and are now 7h to l;
per cent higher than the January
closing rates. Sales of domestic WOO
have been more liberal also, but prices
are no higher, and sellers assert tha
they can get no advance. Wester'
growers ask prOhibitive prices, and il
important sections sleeps back con
tracts cannot be closed on fair terms
"Milwaukee-A few Old lots of WOO
have been moved at concessions, an
some farmers are contracting thei
clips at rs cents, which is now though
will be the opening figure in thi
state.
"Toledo-The size of flocks is nc
materially changed from the past fe,
seasons; high prices of lambs temp
ing flock owners to dispose of the IL
crease to the butcher. The open viii
ter with abundant feed has been pa
ticularly favorable and sheep hav
wintered well. Some shearing ha
been done, and with a little warme
weather shearing will rapidly prt
gress. Quality of the clip thus ia
shown is graded above the average
prices ruling high, but no dispositio
is shown to rush the product into MAJ
ket."