Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-08-09
LARGER ARRIVALS Of
TERRITORY WOODS
IN BOSTON
Amount Sold During Past Week
Estimated as High as Fifteen.
Million Pounds; Market in
Strong Position,

The wool situation in the Boston
market Tor the past week l. thus sum.
married. by the American Stockman:
There Is considerable speculation "a
to the amount Of wool sold on the
local market this week, some estimat-
ing 1t as high as fifteen million
pounds, mostly Of territory stock,
while others say that the actual new
transfers do not exceed eight or pos
sibly ten million pounds. AS a matter
Of fact, the arrivals Of new territory
wool are becoming larger and with in
spection of the fIecces many condition
al sales are being confirmed. In this
way. there is more or less activity.
but the confirmation Of these previous
purchases must not be included with
the absolutely new transactions being
put through. without doubt the sales
Of the week viii probably amount to
seven or eight million pounds IN the
aggregate, although if combinations
of old contracts were counted the
total would be much greater.
The market is unquestionably in "a
strong position and there is little pros
pect Of declines in sight. Even the
leading manufacturers admit this
strength and they are basing their
prices for goods on high priced wool
as Il result, Worstcd manufacturers
buying moderate requirements Of
territory wools as they are now com
ing to hand. while makers of carded
Woolens are also taking some raw ma
terial. With the volume of new bust
ness added to the old transactions
now being filled the market Is active.
As the wools arrive here from the
territory sections the different clips
ire being opened and graded for sale.
one exception possibly, every
house in the trade is now opening new
woods. Montana stock is coming in
with greater freedom and with dealers
opening their lines less wool is being
'old in the original bags. Prices are
holding very steady ON all territory
Vools and while no advance from last
are quoted there is no casiness
hatevcr in any part of the market.
Even woods that are without apprc-
'iablc demand are being maintained
teatly though IN n nominal way.
IN addition 10 The business passing
With the wursted mills IT is understood
hat several wooden manufacturers are
operating although but moderately.
rhe latter are taking low grade Idaho
md East India stock.
Despite reports to the contrary the
american Wooden company is not
operating heavily this week, its pur-
.hascs pr badly not exceeding 1000
90 pounds.
Half-blood Montana is selling at Is
@ 30 cents, while fine stap'e Is NOV
ng well on a basisH of about - TOT
: ~ cents For thrcc-cights thc
ange is an the way from - to 81
cnts. The buyer Of half-blood and
inc staple. however, usually has an
ption ON the thrcc-cighths that is re-
in grading, Wyoming woods in
bags are selling at - cents
lille original Idaho still brings p
in the grease,
Fleece woods are not receiving much
ttention at this time, with the cXcep-
on of half-blnod and threc-eighths
quarter blood is very quiet and nomi-
ally steady. Dclaines are also ne
lected on account of the comparative
heapness of foreign woods of similDr{
Texas wool Is still being
nd il is expected that this interest
IN result in some fair sized trans
within a short time.
According to report there is a con- I
derable total of business passing IN