Mountain Home maverick. [volume] (Mountain Home, Idaho) 1906-1911, 1906-06-07
MARKET LETTERS,
WOOL AND SHEEP
Prices on Both Firm With
Rising tendency Direct
Shipments East.

There seems to be no pcrccptible
change in the wool situation in Ida
no. In fact the entire western mar
kct as well as the eastern is quiet
at this time, although a brighter
tone is looked for by those who keep
in touch with the situation. A late
Commercial Bulletin, published in
Boston, gives an account of the out
look from the great wool center. 1t
says:
There is slightly improved
undertone to the market, and buyers
are showing more interest in offer
ings. Lack of domestic supplies
precludes more sizable transactions,
for there is indeed a reviving de-
mand for territory wool. This in
terest is proven by the transfer of
several lines of new wool recently
received. However, the bulk of the
business being accomplished is in
foreign wool.
The market has passed through
a dull period for some weeks, but it
is felt in certain quarters that re-
turn to more active business will
soon be inaugurated. In other
houses there seems to be no nearby
relief from the existing quietness.
Although, as previously stated,
merchants and manufacturers eyes
are turned toward the territories,
consideration is not refused the first
arrivals of the new clip.
There has also been talk OF a
combination to break prices in the
territories, and some say that the
truth of the report was proven
by the concerted refusal on the
part of buyers to operate.
when values are placed on a
suitable basis, buying will become
active, but say the dealers, if they
are not put within reach the woods
may be shipped east on consign-
ment or kept. AS a matter of fact,
one million and a half pounds have
already been shipped to Boston and
Philadelphia from Wyoming, in
some instances guarantees touching
22c having been made.
ION Tuesday the first sale of
Oregon woods was held at Pendle-
ton. Boston was well represented.
A Rhode Island worsted mill was
the chief operator. In all, nearly a
million pounds were taken. 1t is
said that the purchases will average
72c for a clean landed cost.
"A few clips have been picked
up in Utah at price over zoe,
making the clean cost about 90 tc
64c. Some more woods have beer
bought in Idaho at 2Ot to 23c, while
in Montana there is no activity
Nothing important is expected tc
take place in that state until the
sales days some weeks hence.
lover a half million pounds are
reported to have been bought at Rec
Bluff, CAL, at about zoe. With tn,
exception of few transfers of eigh
months stock at "a to 25c, Texa
has been quiet for the last 10 days
Late Arizona woods will begin t,
appear about the latter part of June
Manufacturers are busily EN-
ployed, despite the recent discourag
ing talk about the general situation
1t is admitted that the end of tn
heavyweight season has not bee
satisfactory, but lightweight good
which are opening auspiciously ar
expected to overbalancee the def
cheney. Duplicate business is com
ing in, not alone on worsteds, bu
also on wooden cloths. The latte
will undoubtedly make consider
ably better showing in the fal
Makers are very optimistic in re
gard to the outlook. Consumptio
of wool is large and constant, there
by giving Frightening touch
the raw material situation.
''In territory woods there is
movement in both old and new stool
A few lines of fine medium Uta
and Wyoming woods have been pui
chased at 25c. Transfers of 100
include Montana and it is said TIL
quite a substantial aggregate HI
changed ownership. Selections a
being offered at prices much und
western values, and manufacture
have taken advantage of the CT
cumstances. To replace some
the lots, it would be necessary
pay &C a pound more in the grea
than what was realized.
Fine clothing sells at zoe, a
medium at 90 to CSC. Half-blo
is firm at 68 to zoe, three-eigt
at 90 to CSC, and blood
90 to 62c. +"