Albuquerque morning journal., 1907-07-24
BUSY
IS THE WOOL
MARKET
MANUFACTURERS SHOW
INTEREST IN THE TRADE
Fine Woods Wanted = High
Prices for Montana Clips the
Feature Of the Weeks Tram
SactionS.

Boston, Mass. July 23.-The wool
market Is moderately active, the trade
in grease woods being largely confined
to lots varying in size from $25, 600 to
100000 pounds each The new wools
are slow in getting here, but manufac-
turers are showing an interest in the
market and are ready to take hold
of sizable lines of good fine stock
when available.
There is keen demand all over the
world for fine woods. and as the me.
rino woods which were imported into
this market have been pretty thor
oughly cleaned out, the supplies or
fine domestic woods are coming upon
bare market. 1t is expected that
everything from a three-eighths grade
up will sell readily, and prices on the
wools Of higher grades are maturity
firm. their position being strengthened
by the strengthening tendency shown
at the London auctions, where me-
rinos have advanced 507 per cent
since the opening and low crossbred,;
have ruled stronger, some advices in
dicating that they have practically re-
covered the decline recorded at the
opening.
Fine Woods Ready Sale.
There has been fine trade in
secured woods during the past ten
days. the sales aggregating fully T.
100000 pounds The demand for
secured wools is one of the features
of the situation, and they have been
bought freely by the knitters and
makers of fine mems wear woolens.
including number of Maine and New
Hampshire mills.
AS showing that the trend of the
demand Is toward finer woods, 1t may
be noted that some mills which were
using woods of 58D60s count last year
are now after woods of Gas count, and
mills which were using 400 46s count
now want SOS count. In domestic woo,s
the half-bloods are better sellers than
the three -eighths
High Prices in Montana.
! The eastern trade continued to buy
in Montana during the past week and
for some of the clips they paid high
prices Good woods brought 23c and
| in some cases as high as 24c and over
has been paid for choice stock AT
Great Falls 19A a 22c was paid, one
lot being taken at 23%c Recent sales
| Miles City were at 10 V 6D23c, about
10000 lbs being sold at 23c, and at
Billings as high as 24hc was paid.
| The season Is about over i'm Montana
and already some of the buyers for the
eastern trade are beginning to return
]
| 100000 lbs were made at Elgin at
| % V a 23c.
Foreign Adviccs Quite Strong.
All foreign advices reflect very
firm position for fine woods in all
markets as there Is a very large con-
SUMPTION of these woods going on In
England and on the continent. In Aus
tfalia 1t appears now that the drought
has been confined to certain parts Of
the RiVerlna district, but conditions
In other portions of that country arc
as good as ever, including the New
England district Of New South Wales
and Victoria, which will have a good
clip. Queensland also had a partic-
ularly good season. The drought IN
the sections referred to, however, has
been serious enough so that some
wools from there will be tender and
not of as good character as usual.
Trade In domestic fieeces has been
quieter than lately. although some
sales worthy of note have been made
to both the worsted and wooden mills.
and prices have ruled firm with an
upward tendency on good worsted
wools above a three-eights grade and
In good fine condition.
Receipts Larger; Sales Smaller.
Receipts at Boston this week, pre-
ViOuS week and one year ago follow.
Domestic, Foreign. Total
This week bales. 2s,33l l.177 2s50s
Last week bales. 25.7si 1,123 2e0O4
Last year. bales. 1885 2i676
Sales this week totaled 2,96s. 900
pounds of domestic and los, 900
pounds of foreign, making a total OF
S.06S.000 pounds. against a total Of
6,9S9,000 pounds the previous week
and 3.425,000 pounds one year ago.
Included in the sales during the
past week were:
Domestic
1900 lbs Ohio Xxx and abave.. 34h
loo. 000 lbs Ohio and Pennsylvania
washed delaine .............4.3S 43SM
$4,000 lbs Ohio and Pennsylvania
ung gashed delaine .............3i W32
$4,000 lbs fine unmerch. cloth. 30
$4,000 lbs Ohio and Michigan fine
unwaHhed ..+............25 @27
175O00 lbs quarter three-elgths
and half-blood unwashed ...2a M34
] l50 900 lbs Texas ......s.........23 m2S
5000g lbs California .......+....22 d2g
$50 600 lbs territory woods. ....19 ace
275.000 lbs pulled woois .s.4...2f ats
I. 10000 lbs secured wools ..... as a73