East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-07-18


Reporter gives the following excellent
comprehensive review Of the wool sit
uatlon In the United States:
Sales of the week 6,225, 900 pounds.
While there is price level for wool
below which the grover refuses to
yield, there is also level above which
the spinners must deduct from manu-
acturing profits II they operate their
machinery and between these two lev
els the wood dealers must fit In and
make something for the use Of their
money and for their business efforts.
There Is always a decided differ
ence OF opinion regarding the price
for the new clip wool, and 1t is most
natural for the grower TO assume the
attitude of the injured party, regard
less Of the price paid for his product
as he Is not in the best position to
carefully study the manufacturing
conditions and supply and demand for
the finished product of his wool.
The wool clip of the world has a
value as staple as gold, but just what
this value is per pound can never be
specifically agreed upon by the three
factors in the industry the grower,
the dealer and the manufacturer.
For the past two years the dealers
have taken losses into the millions as
result of their judgment or lack
Of judgment In fixing the value OF
wool, and 1t is a foregone, conclusion
that such a condition Of affairs cam
not go on. This loss was gain to the
growers, particularly, whose expenses
Of production were not increased.
The trend Of the times is toward or.
ganization in all branches OF wool
except among the dealers, where the
policy seems to be, OF each one for
himself. The growers are becoming
better organized each year, and their
first and foremost duty is TO regulate
the supply OF wool so that there will
be more staple and less lower grades.
They should provide for their Gus
toners. just as the merchant does not
expecting them to take substitutes.
The demand is for worsted woods,
and will be for years II not forever
and too little effort is directed TO i'm
proving the sheep so that they will
shear a better quality OF wool.
Montana will produce over 35,000,-
900 pounds that will net the growers
from three cents to seven cents a
pound more than the general run Of
Utah and Idaho woods, and Montana
should supply 50,00D,00 pounds OF
Its fine wool, and Utah should grow
100000 pounds less wool and 20,-
100000 pounds more staple.
The country is large enough and
rich enough TO allow this increase in
all the sheep raising states OF the far
west, and II is up to the grower to
tone up his flocks and have staple
wool his object rather than average
or poor wool.
The country could progress much
more satisfactorily with $4,000, 600
pounds more staple wool and we have
the territory, the men and the mar
kets, but well-directed energy is lack
ing to bring about the change.
Pulled Woods.
There is a firm uhdertone to the |
market. but there Is less activity with
steady demand for small lots OF
about everything available. The win
ter woods are very largely cleaned out |
and now the interest centers on lambs |
wool, about the only available supply |
in any sIzeable amounts. June lambs
sell anywhere from &c to 32c, but for
July and later months prices are high
er, on account Of longer staple. due TO
the added growth OF a month or more.
Combing woods are in good demand
wherever offered, the BIS selling |
around 4Sc@44c, and the A supers at
upwards Of soc. Total sales for the
week aggregates 100000 pounds.
Secured Wool.
There has been an appreciable de-
cline in the demand for secured woods
during the past week. To be sure,
there is some business being done all
the time, but during the last week
most OF 1t has been in lots ranging
from 10 to so bags to carry over un-
I'll purchases OF grease wool can come
forward from the scourers. Prices are
practically unchanged, running all the
way from S5 cents up to 80 cents, ac-
cording to quality. Among the larger
sales we're $4,000 fine, 10000 good
fine and $4,000 medium. all within
the ranges above mentioned. Noils are
selling fairly we'll with domestic at 25
cents to so cents and Australian up as
high as So cents. The total sales run
about 10000 pounds.
FIeeces.
The excitement in fleece woods has
died out and the recent trading has
been limited. Ohio half, three-eghths
and delaine sold for future delivery
to the extent of 100000 pounds or
more at 26 cents. Ohio quarter
bloods are 24c@25c. with very little
wool in the market and half and
three-eighths are 26c@27c. The fleece