Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-07-09
WOOLENS OUTLOOK
BEST IN SIX
YEARS
American Wool Reporter Sees
Bright Future for Imme-
date Future for the Wool
Market.

Total sales for the week Of 1915.
QUO pounds are reported uv the Amer
lean Wool and Cotton Reporter in 81
weekly review 81 the wool market
Tho review this week Is encouraging
particularly 10 the west. whore the
reports shows lots stiii out selling at
high priees and with every pyospeeI
of Increased demand. The report
SAYS.
The manufacturers OF wool set the
pecc At the pas two or three sales IN
london inst al a critical time, as the
domestic clip was receiving attention
in the share az contracting for woei
81 the shtep's back There was the
usual sentimental effect IN this oouu-
try and dealers hete caught The en-
thnsiasm and paid fancy prices, hut
bargain prizes No has later been dem
Onstratad
Then came the last London sale,
Nl,en American competition might
have lea 20 the impression that the
few thousand bales ~ wool offered
were the last in the world. and im.
meciately domestic prices advanced
ON competitive buying IA the west,
scntimentally again affected by the
action IN Lnndun. Advanced prices
followed and the growers literally sat
on their Aoei with prices tagged on It
that we're, startling when compared
Win The previous year. Every -
who had sold brmoHued his fate be-
oanee he hal not added 2 or 3 cents -
his price when the safes were made
Dealers Ia Control.
Nov the domestic clip Is largely ia
dealers hands. d rather that portion
of IT remaining unsald. and the manu-
%fariprers are vigorously protesting the
dealers price because, according 10
their claims. 1t ~ prohibitiye from a
manufacturing standpoint The manu-
facturcfs have a weak position re-
earding WOOL. MS they have act the
price for "a season ON q mere handful
OF wool as compared With what thoy
win later use. and the market is en-
tirrly ia the hands af the dealers {
they do not lose courage during the
next few months and start price cut
ting to relieve them OF some Of thtir
load.
Wool Growers Happy,
The growers are ~ happy as wool
growers can never be while holding
their wool or Immediately following
its sale, ana they ARE practically out
81 the question now, as what wool re-
mains In the west can be sold or held
indefinitely ana the effect on the gem
ersl market will not be- noticed.
There is certainly more doing this
week. bur considerable of tbe business
Transacted mas been FOR future de-
livery and while original bag business
il good. the demand fey hnlf-hieol
ana tareo-e lghths- hlond graded stock
g. q feature. and fuli prices are heinz
raii without qg stIan far NAM Of the
clips known and used year 90 aid
year out by certain manufacturers
large business la Promise.
The goods openings show signs ol "a
3arge business in the near future and
white wprstcds 50 course. are far iu
the lead 81 popular favor. the fact
cannot he lost sight of nor denied
that woolous are 10 mueh better de-
mand thau al ans like ported during
the past five or six years. ana the
WOODEN manufacturer has been
moderately large purchasers Vt wool
lately. and VIII continue TO oc fot
some weeks yet. as most Of their
r~torehuuses wen, rather barc ot wool
on account 81 the fear that the de-
mand fer thr.r production would not
hc 90 a permanent character
The so-ealled carpet woods are re-
celVlng considerable attention from
the Waolen manufacturers and they
are testing out thv china woods. with
good prospects 81 finding certain
grades That Viii work in nirrlN and Tn
a measure offset che increased use ot
former ,laF~sd clothing woods by the
wurstsd spiuners 81 thr Wpol,u mau-
ul4etutsrs uan use up G. portion CT
the accumulation ut CHINA Wnels
particularly some of aha woods that
have been iu New Nofk Con 81 bong
Time. tho, ,an huy them SO d price
Inst Nln NieId Mice returns. a~ holders
wlll ha onlk 5000 RIsa te unload II a
fair pfioe is eflcred This tel4si WNi
have O STRENGTHENING effect upon the
carpet wooi market as Il whole. au0
already prices far these Zines ip both
llrh und lnW grades show signs OF
Atre1rth. Wtleh means Is prire mark
ur lud "a buyiug movement that The
dealers hut, nesn usltue fVr for
tams time
Foreign W"ols Good Sale.
Australian auI Nr0 Zealand woods
ga Dis market at t..l desirable
property ana tho quantity is uot fHtr.
NOT are thr selection. Hs extensive a-
might bs desired Tr-re much
speculation as tn thr nnru.ur H
at Hundun safes ANA predictions uf