Albuquerque morning journal., 1908-07-21
WHAT IS DOING IN
EASTERN WOOL
MARKETS
Review Of Conditions in Bos-
ton, New York, Philadelphia,
and Saint Louis During Past
Week.

The following are the western
Stockman's reports covering condt-
tons in the four big wool markets
during the past week
Boston Wool Market.
1t is period of specialties. De-
mand shows this tendency as well
as the upward movement of prices.
Thus the call for one-quarter blood,
three -eighths blood and delaine in
fleeces and for staple clips in terri
tory, and to a marked degree in Ore
gon woods. is good. In the matter of
prices these are the only descriptions
that have shown decided advance.
other wool is selling more readily at
prices that could not be obtained
when the situation was depressed. The
status Of strictly clothing stock has
not materially improved. There is no
general activity, and with supplies ac-
cumulating II is very doubtful If what
may be termed an active market, APP
plying to all branches of the trade,
will be experienced this summer or
fall. Manufacturers are disposed to
raw material, taking on no more than
they feel confident they will require
Because much of the supply now be-
Ing contracted for is for future use,
cannot be taken as an indication of a
change in the attitude of buyers to-
ward the market. Specialties are be-
ing bought to some extent because
| 90 of
as the supply to go around is not ex-
cessive and might be quietly cornered
before consumers were aware Of the
fact. Such supplies are an absolute
necessity to several manufacturers,
and can probably be acquired as
cheaply as i'm the future.
New York Wool Market.
1t is again reported that sales OF
carpet woods are being made, although
dealers show continued lack of in
clination to divulge the prices agreed
upon. or the quantities moved. The
removals of wool from warehouse
have been larger this week than for
some time, while the arrivals have
been smaller, 1t has been long under
stood that the arrivals from the pri-
mary markets have materially lessen
ed this year and manufacturers are
more fully appreciating this fact as is
evidenced by their Increased takings
of the raw material.
The prices ruling in China WOODS
are alike unsatisfactory to commission
men and owners and. as result, the
latter are less inclined to send thelI
wools to this port During the lasl
eleven months the shipments have
been only 16,654,S25 pounds as com.
pared with S2,SO2,9S5 during the same
period of last year. With this small.
er supply of China wool on hand Il
Is quite evident that prices will moi
have a much lower tendency when Il
is understood that a normal demand
for this stock can readily absorb the
larger quantity.
Philadelphia Wool Market.
The market remains comparatively
quiet this week, due in part to tho
making of repairs. Some of the salei
reported this week were made durlnl
the preceding week and not reported
at that time. Several houses ar,
quite busy sacking up previous pur
chases and also grading the new wool
which continues to arrive from bott
the states and territories.
Shearing is now practically over II
the territories with the exception o
Montana Several of the buyers fo
local wool houses have recently re
turned home. The demand continues
quite general for staple grades o
both fleece and territory woofs. a
buyers begin to realize that they will
not obtain lower prices by waiting Al
the old fleece wool has been taken ul
quite largely. as we'll as old stapl
territory. with the exception OF SOM
fair amounts of clothing territory
which has been carried over. TIL
latter is offered today at less thai
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