The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1906-11-17

1904, 33.657,817. Sept. 1905 50.-
314,406. Sept. 1906 26,022,587.
OF the twenty million pounds left
(first class wooD is largely owned
by manufacturers, with consumption
large and Withdrawals constant.
During September (last) the latter
equaled four million pounds.
1t is thought but from TO mil
lion pounds now available for pur-
chase at Boston. For eight months
to September LIST Qast) by Govern
ment reports, show importation of
foreign woods into the country de-
creased over 80 million pounds,
with the same period of last year.
After almost four months of the
dullest wool market ever recorded
for the same period, during which
time the selling OF wool on all mar
kets was attended with so many feat
ures, has at last been broken by the
in many years on the Boston market,
| 40 million pounds transferred to
manufactures and reports contend
sales were made on price conces-
sions.
Boston quotes Territory woods as
follows:
Fine staple: Clean. 69-70; at a
shrinkage. 6S per cent; In grease 20
to % cents.
Fine medium staple: Clean, e.
SO; at a shrinkage, 81 per cent; in
grease "a to rs cents.
Medium: Clean, $3.50; 81 per
cent; in grease, 25 to 26 cents.
Short staple clothing woods range
to 3 cents cheaper, compare these
clean prices with those of last year
the highest In twenty years.
| Would you call it decline? 1t is
undeniably true that remaining
stocks of wool in manufacturers
hands is at a very low ebb, while
consumption continues steadily. II
seems that purchases are now being
made in the southern hemisphere
on an average of last years prices
The rise in the worlds prices
which began 1902. and which has
with but few Interruptions. contin
ued, was brought about by pressure
OF consumption on wool. and in spite
of strong bear sentiment, has beer
dominant past year, and the fac
must be considered, there has nevel
been any evidence of over-produc
ton of manufacturers of wool Of
surplus of raw material. Why theI
should wool values decline? l
seems evident that the supply o
wool in the world Is short of require
ments, and If it had not been for tn
large use of cotton as a substitute
wool prices would surely be out O
sight.
Notwithstanding this conceded sta
tistlcal strength of woods the worl
over, so great was the deadlock o.
the market (Which was PRACTICAL
inaugurated by market dealers las
summer in the West) that genera
depression was the natural outcome
And we believe the producer of WOO
in the west will have another figf
next season, to get values, or q
signs must fail.
The following list for the year
of 1905-6 of wool sales at Caldwe
will give an idea of the shortage
wool and the advance in price, ar
we are OF the opinion that the 100
! clip will show a further shortage
weight, and that the markets are
such strong hands that the pric
- will be considerable less than Il
1906 clip sold for, REGARDLESS of Il
seeming shortage In the worlds su
ply. The following figures of Il
Caldwell wool sales for 1905 al
1906 clip sold for. regardless of t
Gowen of the Caldwell Forwardil
Company:
List of Wool Sales 1905
Mike Devers. farm. 1855 20 c
: r, B. Thorp -. 1886 20
G. d. Stafford -. 1856 20
v. d. Hannah =. 1914 90
I Jensen G Thorp =. 52s 20
E. Gilbert -. AS 90
Mitchell &
prescott range 2S33 90