Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-11-29
WOOL TRADE QUIET;
PRICES FIRMLY
MAINTAINED
Territory Wool in Small Supply
and Getting SCarCer Every
Day Is Report from Market in
Boston,

The Boston wool market is com
paratively quiet though prices are be-
ing firmly maintained in all quarters,
says the Boston Commercial Bulletin.
Buyers have endeavored to obtain
slight concessions. but have been un-
successful inasmueh as dealers feel
that all conditions are favorable to
continued high values. stocks are
extremely low here. Territory wool
is in very small supply, and is be-
coming more diminished every day.
Philadelphia is bare OF wool, h n is
as far as dealers stocks are concern
ed, and this scarcity of raw material
thu explains the recent operations Of
Philadelphia buyers in Boston. The
majority Of buyers now taking wool
are of the smaller order for the lead
ing are well supplied with
raw material. When it is known def
initely what woods will be needed for
the next heavy weight season soon to
open, purchases will then be made in
satisfactory volume. Until then, how
ever, it is expected that trade i'll
continue in a moderate way for cur
rent needs.
This week a number of Philadelphia
spinners are around the market to
obtain supplies that they cannot get
at home, n with the purchases of
New England consumers. the aggre-
gate of the weeks business foots up
only to a moderate total. Probably
from 10000 to 1000, 600 is the sum
of the markets activity. All classes
Of wool are selling in moderate guam
titles, although it is understood that
the transaction of leading immpor-
lance was one involving 100000
pounds of New Mexican wool on a
basis of "a cents in the rease out
side of this reported sale. the amounts
sold varied from 10000 to 10000
pounds, and in some few instances
they reached as high as $4,000 or
100. 90 pounds.
with continued high prices abroad
in all the primary markets, unusual
~ light stocks of desirable wool here.
and the sheepmen of the west expect
ing prices fully up to the best re-
ceived last season, there seems to be
small probability OF material decline
in wool for some time, and dealers
are making all their plans for future
business based on high priced wool.
Sampling of California wool. both
secured and greasy, continues while
the mills are also taking samples OF
Texas II months stock. Therefore, IL
is believed that some fairly important
sized transactions Will be recorded as
soon as heavy weight requirements
become necessary. Low grade woods
from quarterblood down are being in
CURED for with much frequency. but
supplies in many houses are quite well
broken. The business of the week
takes in "a vide variety of woods. run
ming through all available territory
stock such as Montana i'm the original
bags. staple New Mexican. fine and
line medium Utah. which is practical
Is cleaned up now; three-eights. and
fine clothing. thee-eights and quar-
ter-blood neeces. staple and Valley
Oregon: New Zealand low and med
ium grades c~rossbreds. -Austral.an
eos. Argentine straight quarter-biood
and Montevideo new clio three-cights
10 arrive. November pulled woods arc
In good demand. while carpet wool.
: are receiving more attention from