Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-06-07
RRCAD MARKET FOR
ALL WOODS IN
HUB CITY
Demand for Domistic Continues
Steady and InSiStenti News.
of Week From Other Trade.
CenterS,

UtIIlGlOl
The American Stockman has the
following review of the situation in
IN, wool trade in Boston and the other
ccnters during the past week:
In Boston there is a broad legiti-
mate market for practically all kinds
If wool. and while some of the larg-
cst consumers have fair supplies of
foreign stock in their possession the
demand for domestic woods is steady
md insistent. 1t is cifrlcult TO esti-
mate accurately the amount of wool
SOLD during the week. as dealers are
generally reticcnt about giving out de-
tafls. However. the continued buying
operations at advancing prices in the
producing sections apparently confirm
inc reports that Gales are being made
Mt satisfactory figures. Some observ-
ers claim hat values have reached
the top. while otners contend mat no
one can tell what the future vii
bring forth il regard to prices. Tn
constant manner in which manufac-
turers seek supplies here buying al
dealers prices is considered indica-
tive Of continued activity for some
weeks yet.
The level Of u9lues is now practi-
cally back to that registered in 1905,
and 1906. Unwashcd Ohio delaine
is quoted II 80 to "a cents; quarter
blood Ohio a. "a to 35 cents; quarter
blood Indiana and Missouri at "a e
cents; Kentucky quarter-blood. 81
cents; unwashed Michigan delaine, 80
territory woods are valued at 6S to
20 cents secured and staple woods up
to = cents clean basis.
Australian woods are also on a high
Vr basis, Port Philip combing 70s sell
ing ut SO to So cents; Gas at 50 to 81
vents; clothing sos at 80 to so cents;
New Zealand sos at sc to 20 cent-
and Geelong COS at 81 to sc cents.
transactions are still taking place
in Australian woods. running through
practically all grades Of crossbreds
Merinos are pretty well cleaned ur,
While Argentine woods are in pitiful-
~ small supply, and correspondingly
high in price. The bulk Of the cur
rent busin ass. however, is being done
in the nav domestic woods, and tn
aggregate is very substantial. AS the
new woods arrive from the far wes'
manufact lrers lose no time in viewing
and buying them. So anxious are they
to obtain possession of them that fully
threc-quartcrs If the 50 les are being
made in the original bags. In add
ton to the business passing in spoi
woods other deals are being puf
through. involving the transfer OF
many clips not yet received from tho
west. \ few sales of bright woods to
arrive are also reported on an eX
trcmely high basis.
West still Active.
Eastern bt yers are still taking e
woods in ~" territories. and so eager
are they in their operations tina.
prices are again higher. The state
ment in a daily paper that 1000. 00(
pounds of wool were sold in Shankio
ore, is erroneous, for only about $50
000 pounds were sold at Shankio. ore.
at is to "a cents. 20 to "a cents beinl
paid for some of the best woods. TIL,
~ hNlfu lNSl VI IfltSt WOOIS Is Didttt
at "a to rs cents. IT is reported tina
one house that had not operated be
fore starting buying at about 20 Z
cents. There is not 50 much a|ctivit,
I'm Montana, due in a great mc&Sur
it is true, to the fact that tho bulk O
the clip has been contracted for al
ready and it is thought that r'any o
the unsold clips will be held unit
Shearing time. However. furthe
transactions are told of at "a TO 81.
cents, while it is rumored that q
cents has been recently refused 60
some of the finest fleeccs. The pen
goshen clip Of western Idaho, totalinl
nearly 400, 900 pounds. was sold b.
sealed bids in several lots at a rang
of q x to 223s cents. Last year /
was sold at approximately 12A cents
Up to % 4 cents was paid IN oirc'
Idaho deals. \ lot of heavy Wyomin,
wool was taken by a middle west op
orator ate % cents, and further clip
were moved during the week in Neva
Qua at % = cents. In Douglas. w >
- cents was recently paid, whicl
makes the securing landed cost anou
80 TO u cents. Up to % cents Is soi,
ln be the values in California for tn
northern woods. In New Mexico con
tracts are still being made and tn.
market is more or less excited as a re
suit of the active competition of tn
many buyers of the field. Transac
tons are being contaminated dali.
ma secured landed basis of abou
80 to 70 cents. Texas growers ar
shearing. with 25 cents ruling oi
twelve months, and is to 20 cents OF
eight months stock.
Interest in bright woods is now be
ing transferred from the country q
Boston, where dealers who had beer
aggressive operators in the producia.
sections are giving their at. ntion Il
the marketing of some Of their pur
'hases However, local buyers are still
picking up flceccs whenever posi-
hIc. paying farmers up to 81 cont
DO both Ohio and Michigan. \ ldrgI
part of the clips of all fleece state
rs said to be owned by dealers, al
though it is c%ontendcd by others tina