Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-04-23
ERR|T0RY
WO0lS COMING
OFF SHEEP
Shearing Early in Nebraska,
Utah, California and Texas
Intense Interest in Domestic
Clip in Boston,

The following review of the wool
situation in the Boston market Is
given in the current number of the
American Stockman of Kansas CITY.
The wool situation is admittedly
very strong in all quarters, both her.
and abroad, ana the prospect of cheap
raw material during the coming sea-
son has apparently vanished. All
kinds of Worsted woods share in the
strength, but short clothing stock is
easy in tone on ccoun of its pres.
ent undesirability. The weeks bust
ness is confined chiefly to transac-
tons in foreign. and domestic secured
woods. for there is practically no
grease territory or fleece woods on
the market. Manufacturers have
taken the bulk of the best offerings.
while the choice Australisian AMI
South American fleeces sell freely
ON arrival. Merinos are not being
called for actively, but it is claimed
hat they viii sell %profitably when
consumers require them. Both cross
breds and merinos are daily becom-
ing firmer in price, as dealers be-
lieye that any wool is good property.
today.
During the week many dealers and
brokers operated spoculatively in
secured woods. creating quite a furry
in that stock, and boosting the price
from | to 3 cents a pound. The
cause for this swapping Of stocks was
the realizations of purchasers that old
secured woods are cheaper at today's
values than secured stock can be OBJ
tanned from the 1903 clip on the
grease basis ruling in the west. 4
number of sales Of fine and medium
secured territory are reported. as well
as others of A and b supors, and Aus
tralian crossbreds running from SO,
to SIS. South American quarter blood
IS also in demand. However, the in
dividual lots involved are of moderate
amounts only.
Interest in the new domestic clip l.
daily becoming more intense. Dealers
are still on the lookout for profitable
purchases on the Sleeps back, whit,
at the same time they are about ready
to sem their buyers into the field. In
Southern Utah a prominent eastern
house previously opposed to buying
this seasons clip in advance of shear
ing, caused more or less talk by corr
tracing for two clips of $50. 00L
pounds and 100000 pounds respec-
lively, at Is cents aud 16 cents. An
other eastern operator also bought 4
fair sized 1908 clip, paying ~ z cents,
a figure that has greatly stimulated
the growers of the state. However,
it is estimated that fully so per cent
Of the clip has been sold on contract.
The dealers who took the choice clips
Of Utah at Is cents some months ago |
are indicated in their daring. when
it is known that heavy clips are nov
being bought at II and is cents.
Contracting is still being done in
Montana at a range of. 20 to % cepts
although but few clips are said to be
obtainable at the lower figure. In
western Idaho sheepmen are asking
up to 20 cents for clips that they sold
a year ago at Q to IA cents. and ac-
cording to report they are disposine
of their 1908 woods at 10 cents. Ac
tivity in Wyoming is not general. but
a clip Of 10000 pounds was CON
traeted for the other day on a baSls
of ~ cents, Further sales are being
made in Nevada as high as 10 cents
being paid lately. Woods in this state
are now being shorn and shipped tc
Boston in prime condition.
Shcaring is now general in Utah
Nebraska. California and Texas. Oper-
atoms were started in Wyoming a fe"
days ago. but heavy snow storm
stopped shearinE, and no more sheer
viii he clipped until the weather be
comes more favorable. Late woods
are coming off the Sleeps back in
Arizona. while eight months wool is
hcing shorn in Texas. In California
local dealers are said to be actively
competing with Boston representative.
the new wools that are be-
ing shorn. and high prices are conse-
qucntly ruling. Southern clips arr
at Is cents. while middle coun
'y woods are moving steadily at Il tt
is cents, and above. Ii
manufacturers are now well into tn g
heavy weight season. and although
good duplicate business is eN
Iected, attention viii oon he turned )
10 the preparation Of new lines for tho .
spring of 1910. Worstcds are still tn :
most popular fabrics and the worste
machinery of the country is success
fully employed. Woolens. however ,
comparatively slow sellers. an i
there is little chance hat they vii
figure Importantly i'm the light weigh
goods. The large consumers are wet
supplied with wool for some time. am