Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-07-29
SALES NEARLY
100000 POUNDS
IN BOSTON
General Trade Active and Prices
Unchanged Territory Woods
Selling Well on the Market
During Past Week,

Wool sales in Boston the past week
totaled $4,000 lbs, General trade
was passaply active and prices un-
changed. Sales are considerably larger
each week than 4 year ago at this time
but there Is an entire lack of that en-
forced enthusiasm which so man be-
lieve assists buying, and which may,
more or less, in times of normal bust
ness. but which under present circum-
stances has practically no influence
whatever. As the matter stands at the
present time the dealers have the wool
and tho manufacturers have or are
getting pretty rapidly, orders for goods
that will require about all the wool in
sight. says the American wool and
Cotton Reporter. The dealers nov
the strength of their position and are
simply waiting for orders. The manu-
facturcrs know full wen the weakness
of their position regarding future sup
I plies of wool ana they are waiting for
something to turn up that viii weaken
the market. They are likely to wait in
vain, and from recent buying by some
Of the largest spinners it looks as IT
AiifN lllb Ai hliN'li'i Hti'' VI -
the market and that the next best
move was to get in big ana get the
choicest selections, and thereby gain
in spinning value some of the loss due
to high priced wool.
Buyers are Holding Back.
1t is a fact that in quiet times Ike
the present it is first come. first STR
we'd" in the wool trade, and the buyers
now have fun choice in all the LOFTS
n can pick out just exactly what
they want. This is a valuable privilege
as there are always choice lots. aver
lots and medium lots, and the spin
ming value Of the best grades is more
than that of the poorer selections. and
the sharp buyers are now picking up
Just what they want and paying the
same price that other buyers will pay
later for less desirable selections. The
opinion prevails that the present lc-
vel Of prices is well fixed. The recent
goods openings in New York ave been
very satisfactory and in a general way
prices paid were on a parity with pres
cnt wool prices and the demand fol
goods, particularly of the better grades
insures Il consumption of all the sta
pie wool available in this country ana
quantities from abroad than
was ever before necessary.
Mil Supplies are Duindiing.
~upplie in mill warehouses are be
used remarkably fast, and inside OF
weeks there promises to be q
general buying movement in All grades. !
with much Of the choicest selections
40 H.. ,.rI..t fTlt. t.NaG.nfI ~
wool year is from four To SIX weeks ,
head of time. so far as receipts anu
are concerned and already about "
of the domestic clip is sold
with sales Of foreign wool far ahead
recent past wears at this time 81 inc ,
and before the season closes
here will DE now equipment manu- ID
wool INTO yarns ana rloth u" y
IN extent never before known in inc -
period of time. In addition there
= the rapidly growing business OF the
arded wooden manufacturers To USE u
he shorter staple woods. and as the N
eason advances there can be no DOUBT ~
E to the strong position American p"
occupies. 81
Manufacturer Have Big ordcre' Il
The m"anOia'tulfiS hSliiH u n
uantities of wool are gradually accu- "a
substantial surplus stocks
ONE of them taking on a million u" ,
million pounds at a time, very
uletly. to be sure. but taking it, never
heless. and when these important rae
Drs are buying II is reasonably sou :,
+, assume that the prospects for O "'- h.
line in price in the near future '' n
i'm indeed. They have held oil as -.
as is safe in their judgment anu ~.
hen they buy for accumulation u j. RI,
n Indication that stccking-up Tine y is
[ hand and il does not seem probable ne
,at smaller factors can make any SER nr
.us error in following their example al
.oncy u plentiful now and loan r1i' "a