Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-12-22
TERRITORY SHEEP
SHOW INCREASE
IN PAST YEAR
ANNUAL ESTIMATE OF
WOOL MANUFACTURERS
tendency Toward Production
of Finer Wools; Boston Mar
ket Firm On All Glasses of
Wool.

The National Association of Wool
manufacturers. in its tw~enty-first an
nual estimate, places the number of
sheep fit for shearing in the United
States at 42,293, eos, an increase OF
l,9S1,657 over the preceding year.
This gain in manifest chiefly on the
far western ranges or Montana, Wyo-
ming, Idaho and New Mexico. The
| wool season of 1909 witnessed a full
recovery in prices and volume OF bust
ness from h financial panic of 1907
1908, the most disastrous year that
American wool growers had expert
enced since the free wool period,
lS94-1S97. Fol- example, Ohio woods
which averaged As cents a secured
pound October ] in the previous year,
averaged ga cents in the present year.
Montana woods which averaged 81
cents. In the previous year have risen
to 6S. and Wyoming from 40 to 81.
For the whole country the average
price of secured wool based on Boston
prices was 46.6 cents in 1905 and 63.6
in 1903. The average price is now
practically the same as ii was in 1906,
when 1t was 63.S.
Reports from widely separated To-
calities indicate a tendency toward
the production of finer woods. The
Chicago wool warehouse. the joint en-
terprise of western growers and Chi
cago business men, has been COM
pleted, with a capacity of $4,000, 600
pounds of wool. This is the out
growth of discomfort among some of
the western men with what are alleged
to be arbitrary md exacting methods
of eastern wool buyers. and the pur-
pose is to eliminate the middlemen
and bring wool growers and manufac-
fnTnrC nlnon fnuafhnr Dat shat ehtr
Chicago undertaking has not yet
threatened the primacy of Boston as
the great wool market of America is
demonstrated by the building in South
Boston of one of the largest wool
warehouses in the world with a ca
pacity of 1875, 900 900 pounds of wool.
h warehouse is to be occupied by
three great concerns.
The total wool production of the
United states last year is estimated
at 32S,1l0,7 49 pounds, an increase of
6,S63,131 pounds over the year pre-
ceding. The total value of the wool
clip of 1909 as estimated on the price
in Boston is s8S, S29, FAC, as compared
with a value of $~61,707,51G for 1908.
The average shrikage of the wool is
sos per cent. The total imports OF
foreign wool for the fiscal year 1909
were 266,409, 304 pounds, as compared
with 125,9S0,524 pounds for the year
preceding. OF the imports for 1903,
s9,046,169 pounds were Of the rela-
lively coarse, third class or carpet
woods, not produced in any consider
able quantity in America. OF the fine
woods retained for consumption in this
country 34.6 per cent were foreign.
Imports of cloths and other manu-
features of wool amounted in the fis-
cal year 1909 to a total foreign value
or $500, 460, a decrease of S1,2S7,-
5lS from the year preceding and of
from the average OF the six
previous years.
The estimated wool production OF
the entire world in 1896 was 2,692,-
9S6,773 pounds. The production of
the entire world. according to the lat
est official estimates, is 2,~S04,136,546
pounds-an increase in all these years
or only 111,149,773 pounds. The wool
product of the world is not keeping
pace with the increase of the wool
using population, for the per capita In
1895 was ass pounds, while now IL is
f.27 pounds.