Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-01-16
iAENEWYEARO OPENS
n |CELY F R
WOOL TRADE
Volume of Business Fair With.
Several Big Deals Pending,
Prices Standing Firm.

Prices Standing Firm,
The American Wool n Cotton ke-
porter says OF the wool trade
"rhe new year has thus faf been
marked by a very good general bus-
mess. The volume OF trade during
the past week haa no quite equallea
Thai OF the preceding week, but there
are some good-sized deals pending.
and there IL no cessation OF interest
On the pant Of manufacturers IN inc
wool market. There Is more or less
Inquiry for everything and ail classes
of appear 10 be interested.
some Of them are not quite ready 20
buy, but viii be very soon. .Othels
have taken on some fair-sized lines,
including territorial and fleece woolo
Of all grades, ms there nave beth
some sales Of Australian o SCUM
American woods 10 arrive. The tens
~ The market as 10 prices 81 firm ana
the situation throughout ~ character
he'd by considerable strength.
tarhe receipts nf VOC IN Boston TINS
week amount 10 10, 0S4 bales, aEhlhsII
1896 bales last week, ana l5ts4'
hairs last ear.
have been g.4GS bales Of domestic ana
1898 bales Of foreign for the c0r,t-
spending week last year. The safes
since January 1 amount 10 8,GO5.pVo
lbs domestic aud 2,i35, 600 lbs. fof~
eign making q total Of l0,f40,Veo IDS
nS against 4,b1b.000 Tbs domestic anu
l.425.O0O lbs. foreign, or a total Oh
b.a40.O 600 Ibis for the corresponding
time last year"
Big Drop In Feeders.
fchioago Droyer-s Journal)
'There are barely 10000 sheep and
lambs IN the feed lots adjacent 70
N"lnneapnlis and 81. Paul. while az THIS
time one year ago there were hround
2z5.O00 head, or q falling Of 10000
hend from then remarked an attache
Of a local commission house. who mas
chargp ~ Il big band OF lambs at New
Brighton and who was at the yards to-
aaV. tAs for the second feeding,
there will be practically nothing doc
Ing In that line, The scarcity of the
stock aud Tho high price Of feed are
the aeterring factors, The combine
has raised tho price OF screenings 70
Auch a dizzy height that some OF the
big operators are beginning To feed
ground corn. A larger portion OF the
holdings this season are ewes ana
wethef~ than usual. Feeders are taxi
ing "a philosophical View Of b mar
Rel situation this winter ana they VIII
make their stock good ana send such
10 the sham bles as fast as they are
III finished condition"
BrndstreciS On Wool Market.
In discussing The Boston WOOL mar
Ret Bradstfect's Review says.
While the market has been rather
more quiet during the past week, "
ing to small stocks more thany. anN~
thing else, the great strength OF for
eign markets and the excellent inquiry
have served To maintain prices at the
top and assure dealers that their
stocks VIII be needed, The Austria
Han market opened very strong and
- n Id. higher after the holidays, n
az Hoston II now the lowest market In
Tho world for most kinds Or wool.
dealers are disposed to hold for higher
ptipes the WOui that II left, Boston
dealers have done nothing IN the way
~ contracting for the 1909 clip Ia
tls west as yet. though something has
been done by western houses, but the
strength abroad has raised the Ideas
Of the growers ns wei as dealers, and
there is now less talk Of contracting
by local houses than for three years
ut this time. Worsled woods are IN
small supply ana therefore quiet, but
there ~ a very good movement IN
clothing woods. Manufacturers stocks
are low there IL keen competition In
foreign markets and no disposition to
make price concessions either in the
foreign or domestic markets. The snles
OF the week included fine aud me
medium Idaho at 20m22 cents, hue
medium utnh at ~ cents, 10000
pounds Of New Mexico wool, all
grades, AZ 90 cents, quarter blood wy
ominE aud Montana al % IS cents,
me ashes deiaine at a7ep3S cents,
unwashed delainc at 80 cents. fine un-
washed at 26 M26is cents, Xxx Ohio
at 3AM34h cents. staple oregon az
23m24 cents. middle counties califor-
mia at 20m21 cents FOR ordinary and
2am24 cents for choice; old fall wool
Mt aaMAb cents FOR free and 81 3S
cents for defective, new fall, Califor-
min ~cafhonized. at SO a IS cents, Texas
twelve months at 10 cents clean and
u good volume OF fail Texas az 22m
% cents. The London sales VIII open
January 10 with offerings OF only l62.-
600 bales. instead of the $50, 900 bales
limit. and prices are expected to be
higher on low rrossbreds and very Ans
on morinos ana fine cross breds. About
eighteen buyers from this country will
attend. including about sixteen from
Boston ana W. from Philadelphia.
sheep Ia South Males.
Consul +, W. Cooling OF Newcastle
writes that returns OF the autumn and
winter lamhing in New South Wales
show that OF the 10 220, 600 Eyes IN the
state on December 80 last. ~, 7a9, coo
or about 81 per cent. were used for
The earlier Landing. I'm those districts
in which the lambing took place ia
autumn, 1883. GOO ewes gave
birth 20 Ssl0.000 lambs. or "a percent
age of SiA ana OF these n Is expected
that 9.fS4 $40 VIII bee marked From
the winter lamhinE 1905, 200 lambs
resulted. The probable markings are
gel down az ff59tae. II will be seen
therefore. that for the autumn ana
winter lamhiug np less than 1T.iia.00o
ewes have been reuuisitioned. The
lambs born numbered 10.GTb,o0 or
81 per cent, aud ia ls estimated h a
the probable markings viii reach o.
$4,000. ar nearly 80 per cent Of the
total lambs horn. According to the re-
turns collected by the government
statistlgian. the sheep on December
81. 1893. numbered 3 9t5e6. ga, and
after making due allowance for local
food requirements export and losses.
Il is reasonable 90 suppose that The
sheep IN this state az the close 81 the
year viii range from A. 10 as millions.
FINANCE AND COMMERCE.