Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1909-12-04
Boston Wool Market.

Boston,, Dec. q, lb!t
Rusiness in wool in the local market
has gained appreciably since week ago
In a broad sense the market is not ac-
tive, but in view of the fact that supplies
are not only small but pretty well culled
over. the sales are surprisingly large.
especially when compared with those Of
a few weeks ago. Pretty nearly 2,o0o,Uo
pounds of territory woods alone nave
changed hands: some good-slZed trans
fers Of fleece woods also have been put
through, and these with the sales of
secured. pulled and foreign WOODS or!hs
the weeks total business we'll up TO the
1900 OOO-pound, mark. There have been
several weeks lately when the sales nave
not gone above 100000 pounds.
Practically the only thing of an unfav-
orable nature is the fear that it will not
be possible to get next years domestlc
wool at anything like reasonable prices
More or less contracting has Deen Done
already in Utah and Nevada. but lately
the unreasonable demands and 1nditfer-
ence of growers have put stop TO these
operations. But the growers keep well
Informed of conditions in both domestic
and foreign markets and just now are
inclined to be dictatorial on account of
the favorable reports that go out from
all distributing centers. The new domeS-
much hope that prices will be low enough
to enable buyers to turn their purchases
over at fair profit.
Almost all kinds of cloth are back near
the prices lHey previously
to the financial panic of 1907. This re-
covery is due as much to the fact that
the supply of wool was not equal to re-.
ouirements as to the fact that the tariff
But high prices in the west this coming
season following the high prices in for
eign sources of supply will probably re
suit in a still higher range of prices Tor
cloth. There is already so much aglta-
ton about the increasing costs of the
necessities of life that further advances
in wooden cloths are bound to hasten the
revision of the wool schedules. which
most of the wool merchants and many OF
the manufacturers believe to be unneces-
sarily high and restrictive.
The leading grades of wool are quoted
in this city as follows:
Ohio and Pennsylvania-XXa and above
3763Sc.; No. / 40GD41c.: No. 2 39@4Oc: fine
unwashed 27M2Sc.; fine understandable 30
m31c. unwashed half-blood 36@37c; three
eighths blood 36037c: quarter-blood 35c;
fine washed delaine S9d4oc; unwashed de-
laine 32033c.
Michigan and New York-Fine I'M
washed 25626c.: unwashed quarter-blood
34c; three-eighths blood 35GD36c; half-blood
35636c; unwashed delaine 30GD31c.
Kentucky. Indiana and .Missouri-Un-
eighties blood 35@36c.
Texas-Twelve months 2s93Oc; eight
months 24626c fall 1S@20c.
acknowledgements and Mendocino 30
counties 23G24c.; southern 1S@2Oc.; fall II
@1Sc.
Oregon-Eastern staple No. l 23@24c;
No. 2 23@24c.; clothing 22@23c.; valley No.
25@26c. No 2 2S6l3Oc.; No., 8 26027.
Territory-Idaho, fine and fine medium
23@24c.; heavy $4,000; medium and low
medium 29@31c.; Wyoming, fine and fine
medium 23@24c; heavy 19@20c.; medium
and low medium 29@3Oc.; Utah and Neva-
da, fine and fine meulum 23@24c.; heavy
19@20c. medium and low medium 2S@29c. !;
Dakota fine and fine medium 23@Ac.; me-
dunn and low medium 29@32c.
Montana-Fine and fine medium, choice