Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-07-07
NEW MEXICO WOOL
HAS BEEN IN THE
L|MEL|GHT
Much Interest in Territory
Transfers. Absence of New
Fleeces Acts as Barrier 10
Extensive Trading,

lRRNifSlht AAAil6t
The absence of new territory Wool
serves as q barrier 10 extensive trad
inR on the BOSTON market this week
Bu an the woods that ARE available
for inspection ana purchase SCI
quickly az dealers prices. says IN,
American stockman concerning las.
weeks operations. The key 10 th,
situation IN che manne IA which sta
pie and fancy goods VIII sell f"f iit
spring Of 1910. tH the former lines
have been recent yopened 81 advances
al approximately 20 per cent ana
buyers are engaging their require
ments IA fairly satisfactory volume.
The fancy lines viii be- opened in jus
al matrrial advances. and mahufac-
tprers generally expect Go sell their
products at the new prices without
u difficulty The admittedly low
stocks of both mems wear and dress
goods in practically atl quarters are
responsible FOR the activity OF goods
buyers AZ the opening Of the naw
lighs-weight season. particularly when
prices arr so materially higher.
Wnh The outlook for q successful
di|stribution al woolen fabrics during
the coming SEASON practically as
suftl. the position OF the wool market
IN turf ecomcs stfpnE, ana the pos
mbliity ~ lower raw material fades
farther into the distance. The mar
ket IN unaueationahiy very STRONG and
ii s. confidently believed that ton
prices have not been reached On q
mestic woola yet
untii nov the transactions In Ter
ritofy weois have ben In we'll known
clips. the uniform quality of whlgh
rendered other tLan sales ia the uri-
inat paekaees IA necessary. but wool
uncertain w grade. H. beginning iol
arrive. and gales IN graded lots viii
be- more in uriier.
Mills Need New MOODS.
Although some Or the large clips
have been sold before and on arrival
IL consumers, the bnlk of the 1909
territory clip IS yet 10 he marketed
and as the mills are generally hare
or this stuck. the manner IN whit
the new goods are beginning to move.
eilll further ncHentnatcs the near fu-
needs ~ manufacturers. Under
conditions Il may he seen thai,
the situation apparently fayurs the
who own the raw MATERIAL
thar manufacturers want F%xtrene
haze been generally paid IN
the growing country. and values ceu-
with reasonable profits WIN M
doubt be insisted upon hy wool mer-
The feature OF thn weeks b%uslnesa
a the saie ~ about 5000 GOO pounds
az aif-hiood Montana az 27N q 2Se
shout saGT3 cents. secured hnsis
Manufacturers have ncen NEGOTIATING
the purchase 81 several az the best
Of Montana wool during the past
few weeks despite the fact thai they
have not arrived from the state, aud
as i result Of their Interest IA fairly 1
good quantity has been obtained mus |
early In the season. I
wyoming walls are beginning 70 ar '
rive IN quantity. and Within a short
lime a good assortment Of all %tcrri-
Tory stock win be aYailahle II is tbs
'o%ntrutiun Of the trade that while
iusinvss Is now rather quiet fast as
HsNNA HH FA' NJ WV fE kAhAhfH NNN NNhh
ind the new fabrics are further un- ,
ier order, the resumption of buying
~ the local wool market viii be
marked. and ~ q heavy volume
after July IL ls believed that
business viii start TO Improve. TIE
PARTICULAR feature of tho whole situ-
ls the optimism displayed ~
merchants Months ago thoy began ,
- discount their optimistic view of !
mill situation bN butihg up the
sooi clips of the country ut prir ,
hat advanced steadily. ar growers hs 1
convinced that thty shonll !.
hare in the returning prosperity. an d
81 nov dealers declaration of fulth q
NAY De summed up iu tho words .
hsye thr holk of the new iomc Z
6 cup and manufacturers must haNt {.
{ % supply Use peotie with clathe
Wheat Nbout 'irancd ~. 90
There o. very tttl- Wuol now owned 81
a. growers Boo esther thc middle IVY %
sr west. With Che slle 81 tbe @
Huair and K,a clips 81 Montana \
sported last week. thrrr arr troo !,
.hly uot over b0e a0o pounds uu- ?
uld is the state. For the rymaiuIpr b
.oole e1 events W7s paid ms s,tcraI In 3
fanrfs fhis vu.eb aui % reported O
hat So cents Wae Eitru fnr an eN
OPTIONAL rIu Thr ist safe In SHAM o
ku Gro hDid Iunr o. 90 which 80
bout 1850 600 pounds were m1t-
.,tri Hut FIt.r W dei1it ln anotht /,
probably W'nis up thr sale .
% Oregon a|ltnnusn luothrr puhi /.
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