Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1908-09-18
FALLS Off
IN BOSTON
ST. Louis Market Flat Review
Of Wool Trade in Principal
CenterS for the Past Week,

past week, |
In Boston demand has fallen off
sharply from what II was a fortnight I
ago, even for specialties which We're
then in good demand. No large lines
have changed during the past week
and of fair sized quantities orty a few
have been marketed. The principal
demand is for small lots of a variety
of stun, medium grades holding FIRST
place. As for several weeks most of
the trading is between a few firms and
as few buyers. In the mai0rtt.F Of
cases merchants report a very quiet
week, not onli in contracts hooked
bur in the interest Wl'i2n buyers nave
shown. 1t Is not a HEALTHY stale of nc
fairs when most holders are fndilg |
no outlet for supplies. An eNpiant-
ton is not found in my unwtiitnsneSs
to sell at current prices, for all dealers
are ready to sell, ven though the
profit on interior cost is small. The
only solution that is reasonable is
that the condition of the consuming
industry does not warrant extensive
purchases of raw material. While
some mills are starting up. still more
are Curtailing. and manufacturers are
not operating in Wool simply because
they have not got on hand orders for
goods. At present this situation is eN-
pected to last through the fall and
early winter, for there is no Indication
of a revival in the manufacturing end,
and until that arrives demand for
wool will be regulated by the amount
of business that manufacturers re-
ceive from week to week.
Despite the cheerfulness which per-
vades some quarters, there is an cas-
Ter tone to the market. Quotations are
not much lower and the sales of the
week that are reported are for the
most part on the same price basis as
ruled last week. But there Is not the
confidence that prevailed a fortnight
or more ago, and there is less ak of
higher prices, even on the speCiaIties,
which have commanded relatively ac-
tive sale ever since the season opened
1t is found that in most cases the late
bought woods, now arriving, annOt be
turned over at a profit. Instead of soc
as quoted as the nominal secured SELL
ing basis of good fine staple territory
wool not over 5Sc can be realized now
Good clothing woods do not move as
ilV at a cost of soc or over. ThCTel
been sales during the week on
the basis of 41C. Holders of medium
tleeces express considerable conf
dence i'm them but it is not possible
to get PC for good ohio quarter, de
spite its scarcity. Not so many weeks
ago it was predicted that that basis
would by this time be firmly estab-
lished. Fine delaine is held at 35c FOR
washed n 27C for unWashed. ana
does not sell. sim, It must be borne
in mine that holders ideas are easily
weakened under the influence Of a
quiet demand and unsatisfactory re
ports from manufacturers. and hat a
change would occur suddenly with any
encouraging news Of an opposite char
aCter.
81. Louis Wool Market.
The market is absolutely Nat this
week. and buying is shut off for the
present. This quictness is due to thcl
fact that manufacturers have supplied
their current wants and are waiting to
how trade in the goods markets.
develops. 1t is said that there are
probably about 800 600 to 75O.OOO
pounds Of fleece woods remaining un.
sold, but it is thought by some dealers
hat this stock viii be wen cleaned :
up as soon as consumers Of brigNNl
are in need of further supplies.
Prices are holding quite steady. al
hough to "A great extent nominal. For
luarter COmbing 23C is quoted. three
lights combing, 24l2c; quarter bah,
.ombing, 22c; common and braid. PIC:
lightly bury. 17@c.
Offerings of graded territory woods
viii probably be available within a
week or ten days, but according to
PRESENT reports, s,.ne lines may not be
eady for purchase for two or three
weeks.
Chicago wool Market.
There seems to be little doubt that
he orders for light weight woolens
ecured by the western manufacturers
'ere short Of expectations, and they
ay that they feel justified in buying
'oOl in small amounts and as required
)r some special purpose.
Just at present the western manu- al
i%cturers have no pressing require M
rents in the way of wool as many of "
lem bought fair supplies from the bi
rowers and local dealers do not ex- 20
very muCh business from them III
ntil they have COM, to the market -,
~ grades of o not found in their y,
ONE stock. ~
The sales are scarce worthy of more ~
a brief notice, for there were no WI
dtvidual transaction of any size. al w
.ough some small shipments go out
the mills each week and these We're G
ten ordered from samples submitted y
the and covered the
nge of wool usually offered here.
The wooden trade has not fully re
vered from the late depression. and -
ese years for the election of a presl-
mt are always the ones in which .
.nservative manufacturers operate in .
way. and yet one hears cN- .
essionS Of confidence as to the fu- o
re for this special industry. all Of
lich would seem to indicate that the
akers of the various kinds of wool
$ believe better times are near at
New York Wool Market.
The local carpet wool market pre- .
nts little more activity than 1t has q
r some weeks. but there Is a feeling
long dealers that it is about time
r a renewed interest on the part Of
lnufacturers. Inquiries are being re-
wed occasionally. although nothing .
in the way Of new business .
While consumers are reluc- .
ne buyers, values are steadily held =
dealers. Receipts of wool are
-atly In excess of the Withdrawals
consumption. As all primary mar
Is are on a higher basis than OBJ .
ms here, shipments to this port are .
iterially curtailed. and the high .
ruling abroad tend 10 prevent 4.
al dealers from granting cunces-
ms to American mills.
(uick Relief for Asthma Sufferers. -
Honey ana Tar affords i'm