Omaha daily bee., 1908-07-15
WOOL CONES IN REGULARLY
one.Tenth Of Wyoming Clip Will Re.
main in Storage Here.
THIS MEANS 100000 POUNDS
Manager King Says lie IL well SAT-
isded with the Character and
Volume of the Wool
Received.

About one-tenth of the wool clip Of wy
oming will remain in storage in Omaha
this means 100000 pounds.
Wool has been coming to Omaha regu-
larry and L. l.. King, manager Of the
Omaha Wool and Storage company, is au-
thority for the statement that the wool is
not all shipped by any means and over
100000 pounds will yet como to the Omaha
market. Mr.. King received bills Of lading
for eight carloads OF wool Tuesday. The
wool in this one consignment will weigh
over 100000 pounds
I'VE are well satisfied with the wool
we have been securing and next year the
growers Will understand the possibility Of
storing in Omaha and securing better
prices, when we will get all the wool we
can handle" said Mr.. King.
The fact that the Omaha Wool and stor-
age company, together with the st. Paul
Wool Storage company. has forced the
price of wool up several cents. will make
friends for the western storage companies
and the growers will forward their clips
next year.
Starting at the beginning of the shearing
season with a firm determination to make
off the growers what they lost last year,
the Boston and other eastern buyers Of
fered II to 10 cents for Wyoming and Mon
tana woods and said they would not be
compelled to pay higher.
But the prices being paid are all higher
than II cents and the lowest price paid
last week in Boston was 10 cents. The
following are the latest duotatoins on
woods: Territories, 10 to 10 cents; secured.
10 to So cents; Texas, II to 10 cents: pulled
30 to 30 cents; oregon, IS TO 1871 cents:
medium fleece, q to &c cents: California,
10 to IS cents; fine fleece. 90 to Is cents.
Reason for High Prices.
Some very good authorities among the
wool growers credit the higher prices being
paid for the woods to the movement to
store the clips in Omaha and st. Paul.
Prices at present remain firm and no in
dications Of a weakening are to be seen.
Much of the wool now being bought by
eastern brokers and buyers is said to be
secured as a precaution lest prices ad.
vance. Buyers claim that II is not needed
by manufacturers, but must be taken, as
the prices are apt to advance 2 or 8 cents
more.
Boston buyers are still paying IS cents
for good wool in Montana and 16 and Il
cents for the ordinary. This is still 2 and
8 cents lower than the growers want to
take, but many are selling. 1t Is figured
that the better clips will cost IS cents
secured. In South Dakota the Omaha
house has learned that buyers are paying
prices which will make the secured
wool cost 50 cents for fine and 50 and 80
cents for the one-half blood.
The amount. Of wool sent to the east is
far short of what it was last year and this
leads the storage companies in the west
to believe that regardless of the fair prices
being offered they will still get a large
amount of wool. Telegraphic advices Mon
day to the Omaha Wool and Storage COM
pany stated that 50, $4,000 pounds Of wool
had been received In Boston thus far in
the season. The receipts to the same date
last year were 1877, 1853, 900.