Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-09-18
MONETARY MATTERS
AFFECT WOOL
MARKET
FINANCIAL SITUATION
A DISQUIETlNG FEATURE
Buyers are Not Doing Much
PIunging and General Tone Of
the Market is Inclined 10 be
Quiet.

Boston. Mass, Sept. t7-Trade has
inclined 20 be uuicter the pas, week.
Their Is q steady call for good staple
woods and good fine clothing woods.
but tt Is not for large lines, buying
being limited to manufacturers ac-
tuai needs. Quito a number of buy
ers have been around IN the market,
but their takings have Hot been heavy
though an unusually large number OF
sample bags have gone out. from
which come good business IL expected,
says the Wool u Cotton Reporter.
Monetary Situation Not Pleasing.
Monetary conditions are not yet re-
garded AS entirely satisfactory by a
number Of the consumers. II Is ac-
knowlcdged that the tension Is reliev-
cd, but n the money market would
ease ap materially consumers admit
that there would be q very fair trade
IN wool The feeling Is better than
II was; the trade looks more cheerful
than az one time. but conservatism
rules n buyers are not doing any
piunEing, There Is some wool selling
al the time, Including stock running
IN grade from fine down to quarter
blood. and Il Is felt that wool II In a
strong position. evidence Of which is
furnished In The opening Of the wool
season.
Looking for Quarter Hoods.
In domestic fleeces the Inquiry has
been principally for quarter. three
cighths and half blood unwashed and
dclaine woods. a w%eil-known worsted
spinner h looking oyer the market In
quarter bloods as we'll as three-eighths
AZ this writing. and Il II possible that
biz purchases viii aggregate a good
total before he leaves the market. We
hear ~ one sale Of about 10000
pounds " quarter-blood bright woods
~ = little over soc. aud some sales
NJ three-eighths and half blood Ohlos
ana Michtrans are reported 10 have
been made at 82m3gc. a little half
blood ohio sold at 3 21-2e. II Is felt
that quarter bluods viii do better
when the needs Of the heavyweight
fcaSOn sci In, and while they have
not as yet changed their relative
status they nra no weaker than they
were.
rho inquiry FOR dclnine. though not
large, has been for understandable
aud unNashed ns wen as for washed.
and we note one sale Of about 10000
pounds of understandable NJ about
3dc Some unWashed Ohio and Penn
svlyania was taken nt ~ 82r. aud
about 2b,N00 pounds Of washed ohio
IN reported as having changed hands
ai 3N i.2r.
For fine unwashed clothing there
has been a slight inquiry, but the
business accomplished h. small and
the same. snay be said Of washed fine
ohio. Among the snles were about
lb.0o0 pounds ~ \ ana Ky and above
at 3AM "a t-2c For nice Xxx ohio
80 l-2c a. the going price. Strictly X
~ -quotable az 81 33c,
Sales have Included both graded
woods aud woods In the original bags
among the transactions ncing so. 000
pounds Of Montana fine medium In
the original bags at 26 1-4m27c. cost
ing $50 zoe clean; also 100. 600
pounds OF original Montana staple
running 10 half blood ut 26M27c
There were also sold 10000 pounds Of
three-ciEhths Dakota - very light
s%hrlnkaHc wnnl-at 2ac la the grease.
the cican cost being g. G3ci l50.0 zoe
pounds of staple fine and fine medium
torritnry-light Wuol-at 25c. also
5000 pounds Of fine Idaho clothing
at 22c; 10000 pounds Of half blood
Montana staple 90 ~ i-2c. costing SIC
clean, and $4,000 pounds OF half blood
soda Springs wool az 21c. costing sc
clean There was IL somewhat better
call for uuartor blood territory, in
rirded in tho sales being $4,000
pounds 80 ESQ 2ic, costing fuliy 55c
clean 'iood sales OF fine territory
n CURED have also been made, CONE
prising Also some Texas, the woods
costing sk zoe.