The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1908-03-14
WOOL and SHEEP ARE SURE
To CD Higher At ONCE
Late Reports From Boston Point That Way
TRIBUNES LATEST INFORMATION Is CORRECT According TO
BEST AUTHORITY. GENERAL REVIEW OF SITUATION
and FORECAST FOR The FUTURE.

1t will undoubtedly be of interest
to hundreds of readers of The Trib-
me to read a reliable forecast, and
report of present conditions, In the
Boston wool and sheep market. Thru
a friend the Tribune has been able
to secure the following letter from
Boston. This communication came
from Boston March first, and is fur
nished by persons who are thoroly in
formed:
while the selling value of wool
does not improve and trading is but
a trifie less difficult there is ten
dency to take more cheerful view
of the outlook. Notwithstanding the |
steady and severe decline in values
since November there has been no
serious failure in the trade altho
heavy losses must have been sustain
ed. 1t is the general belief that the
situation will not grow worse before
spring, when it is expected that de-
mand will be improved sufficiently to
steady values at least. The decline
has in the opinion of many authori-
ties fully Offset slackening of con-
sumption as we'll as discounted any
likely decline in the price of manu-
featured goods. Yet dealers are all
at sea as to the future and have few
facts on which to base an opinion,
while customers have received little
light upon the probable trend of the
goods market, either as to volume OF
business or nature of demand. 1t Is
waiting situation. Next month more
definite developments are looked for,
and gradual return to normal con-
ditions. By May or June settled
situation is exected.
The past weeks developments are
more favorable than for some time
Reports from the goods market are
trifle more encouraging. In several
manufacturing centers idle mach1n'
cry has started. Operations in good;
are still of very cautious nature
hut are of fair size in fancy "ors
tcds for mems wear and also in {
few lines of staple piece dye wors
teds. Broadcloths are feature o
the dress goods demand tho the price
at which orders are being secured ar
.,;d - ho ticfo to lx org
A leading New York commission
house reports that light weight wors
teds for immediate delivery are sell
ing well, but that woolens cannot b
given away.
Demand for goods is delayed, bu
when there Is change it will be az
tive and sudden in my opinion" say
a prominent Boston wool merchan
who adds eve are taking up OF
notes (meaning the wool trade gel
erally), and collections are goo
It is time to put the peg in and hol
prices where they are. We will NJ
be able to buy the new clip on a b'
sis that will enable us to turn 1t ov'
proftably at under So cents or
cents clean for territory WOOL"
1--WE have sold many small lots
most kinds of wool during the pa
week and have averaged three
four sales day during Februar
We have found increased dispositi'
among manufacturers to buy lar
lines of raw material during the 10
few days." Is the summary of the
periences of another prominent FIR
by one Of its members.
Gall for Low Grade Territory.
A few fair-sized transfers ma
been made In territory woods, but I
volume of transactions Is small
than last week, due to the withdra
al of the buyer, whose operate
were then quite extensive. There
more demand for medium and j
grade and quite an amount has be
sold. Montana medium has chang
hands at % cents, and other xii
of one-quarter and three-eigh
blood at 20 to 2S cents. On go
sized line of staple three-eighths
secured cost of about so cents
quoted. The basis Is extreme
other transactions are reported at
cents, So cents and So cents.
Among the prominent TRANSACT
in the fine gradese are $4,000 pou
good fine and fine medium Utah
the secured basis of 60 cents,