Albuquerque morning journal., 1907-09-18
MONETARY MATTERS
AFFECT WOOL
MARKET
FINANCIAL SITUATION
A DlSQUlEFING FEATURE
Buyers are Not Doing Much
PIunging and General Tone Of
The Market is inclined to be
Quiet.

Boston. Mass, Sept. 17.-Trade has
inclined 10 be quieter the pass week.
There Is a steady call for good staple
woods and good fine clothing wools,
but II is not for large lines, buying
being limited to manufacturers ac-
tual needs Quite a number OF buy
ers have been around in the market,
but their takings have not been heavy
though an unusually large number OF
sample bags have gone out, from
which come good business Is expected,
says the Wool and Cotton Reporter
Monetary situation Not Pleasing.
Monetary conditions are not yet re-
garded as entirely satisfactory by
number Of the consumers. 1t is ac-
knowledged that the tension is rellev-
ed, but If the money market would
ease up materially consumers admit
that there would be a very fair trade
in wool The feeling Is better than
II was: the trade looks more cheerful
than al one time, but conservatism
rules and buyers are not doing any
plunging. There is some wool selling
all the time. including stock running
in grade from fine down 10 quarter
blood. and II Is felt that wool Is in a
strong position, evidence Of which is
furnished in the opening OF the wool
season.
Looking for Quarter BloOds.
In domestic fleeces the inquiry has
been principally for quarter three
eighths and half blood unwashed and
delaine wOOls. A well-known worsted
spinner Is locking over the market in
quarter bloods as well as three eighths
at this writing. and II is possible that
his purchases will aggregate good
total before he leaves the market. We
hear of one sale Of about 10000
pounds Of quarter-blood bright woods
at little over soc, and some sales
at three-eighths and half blood Ohios
and Mchigans are reported to have
been made at 32 nS4c. little half
blood Ohio sold at 33 1-2c II is felt
that quarter bloods will do better
when the needs of the heavyweight
season set in. and while they have
not as yet changed their relative
status they are no weaker than they
were.
The inquiry for delaine' though not
large, has been for unmerchantable
and unwashed, as well as for washed,
and we note one sale Of about 10000
pounds OF unmerchantabe at about
33c Some unwashed Ohio and Penn
sylvania was taken at 81 a 32c. and
about $4,000 pounds OF washed Ohio
Is reported as having changed hands
at 3s Lac
For fine unwashed clothing there
has been a slight inquiry. but the
business accomplished is small and
the same may be said Of washed fine
Ohio. Among the sales were about
5000 hounds of X and Xxx and above
at 33d34 re. For nice Xxx Ohio
"a l-2c is the going price. Strictly X
is quOtable at 32M33c.
Sales have included both graded
woods and woOls In the original bags,
among the transactions Deing $4,000
pounds Of Montana fine medium in
the original bags at 26 l-4G pc. cost
ing 6SM70c clean; also 100000
pounds Of original Montana staple
running TO half blood at 26G27c.
There were also sold $4,000 pounds OF
three-eighths Dakota -- very light
shriukage wOol-at 29c in the grease,
the cban cost being 62M 63c; 10000
pounds Of staple fine and fine medium
tefrit0ry-light woOl-at 25c; also
10000 pounds of fine Idaho clothing
at 22c. $1,000 pounds Of half blood
Montana staple at q l-2c. costing SIC
clean and $4,000 pounds of half blood
Soda Springs wool at PC, costing G7c
clean. There was a somewhat better
rail for quarter blood territory, in
cpded in the sales being $4,000
pounds At 2Gm27c, costing fully 55c
clean GOOD sales Of fine territory
secured have also been made, COM
prising also some Texas, the woods
costiBg Us II zoe.