Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-01-13
AND SELLER
GET TOGETHER
Little Variation However in the
Amount Of New Business
Transacted in Wool Markets
During the Past Week,

The American Stockman thus re-
views the state of trade in the vari-
GUS wool markets for the past week;
In the Chicago market the amount
OF new business transacted has not
varied very materially Of late and yet
there were sales each week and re-
ports of transactions finished up which
were not successfully carried through
at the time they were under consid-
Grafton
\ fact worthy of note is that the
buyer and seller are getting nearer to-
gether on wool values than they were
in the early weeks in November and
with the turn OF the year there may
be more wool moved towards the mills,
especially should the manufacturers
book some good size orders for the
heavy weight woolens.
In the bright unwashed flecces
something over $4,000 pounds were
sold .alsc a bunch of $4,000 pounds Of
the semi-bright woods changed hands.
Territory heeces We're not neglected,
for $4,000 pounds were bought by
representatives Of such manufactures
as required special selections.
Secured wool was also in evidence
as 5000 pounds were sold. and 250,-
900 pounds Of pulled wool was sent to
the mills, and altogether the wool
moved fully equallcd the expectations
of the holders.
The stocks of wool in this market
reveal the fact that there is nearly
the same amount of unsold wool held
as was reported last year at this time,
and yet the receipts and sales have
been several million pounds more
than those Of last season really maxi
ing Chicago a wool distributing mar
ket of note and much the largest OF
all others excepting Philadelphia ana
Boston.
New york Wool Market.
With good prospects for satlsfac-
tory prices on carpet woods as soon
as are again ready to pur-
chase requirements there is little dis
position on dealers part to fierce man
ufacturers at this time. The latter
are not particularly Interested i'm low
wool offerings now. but 1t is generally
expected that activity will start up
within "A very short while. stocks are
comparatively light and the business
already lone in carpets and rugs
seems to assure a fun consumption of
raw material. The supply of China
wool here has been steadily bought
until there is now very little remain
ing unsold. Values are firm and flu
ture arrivals may be offered at high
or prices only.
Withdrawals from warehouse were
about 222,C00 pounds during the week.
262,910 pounds entered for
and 5,59S pounds ware-
Russian wool Is In light sun
ply and prices are daily becoming
stronger. owing to the high basis of
values that is obtainable in home mar
kets.
Philadelphia Wool Market.
The market has been quiet during
his past week. Sellers remain firm
In their ideas of value. owing TO the
stocks. The holiday spirit per-
the market. Manufacturers
nave been busy taking account of
and as usual have not been viii
ng to increase their obligations az the
,lose of the year. Occasionally the
from the local mills were in the
market sacking up old purchases TO
shipped to the mills and also have
up some odd lots Of desirable
WOOL which will BE- billed after the frs, F.
II the year. The trade very generally
how no anxiety regarding the sale Of
desirable lots remaining IN their lofts
IS they feel confident that il viii am
'e wanted before the new clip 81 dc-
nestle WOOL Is available. There has
.lso been n fair amount of sample lots
old. which represent fair size block q
( both territory and fleece wool. Which ,
ellers feel confident win result in
fair size sales In the near fu- !
ure. "a
81. Iouis Wool Market. 81
a few lots Of uncraded woods from q
he country sections of Missouri were {
on the local market this week o.
astern consumer at q figure report G.
4 20 BE- amound 20 cents. Tho woola
sere mostly quarter and th~ree-eighths
rades. The total movement comprised q
My about two carloads. a
Stocks % territory wool are COM
arativeiy small and are chiefly held
y one house which il said To- BE- SELL
ng moderate quantities AZ fun prices a
ne bulk Of the offerings are Idaho D
'ools. S