Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-05-17
WOOL SITUATION IN
WEST REMAINS
UNCHANGED
Buyer and Seller Remain Prac-
ticaIly at Deadlock No I'M
proyement in Boston Trading


There Is no Improvement in Boston
INQol trading Wqrtby Of mention with
the possible exception of the aecomp-
lishncnt Of 4 Fey pending deals on
oregon staple. says The %Ifoston Com
mercial Bulletin. According TO re-
liable report, a prominent house dis
posed OF approximately 100000
pounds Of the above ON Il secured bas-
IS Of about 80 cents. the figure at
which another line aggregating 4OO.-
! 900 pounds changed hands last week
ms reported Ia This column, oregon
staple seems-to he arousing the great
est Interest principally because II is
in largest supply of all territory woods.
Several lines of unwushed ohio de-
laine and qu~arter-bloOd are moving,
while occasional transactions in cloth
ing territory both grease ana secured
are told Of Medium crossbrcds are
selling probably to the extent of a few
hundred bales in all quarters of the
market. and SOME fine pulled Wools
arc also moving. However. the market
Is generally quiet for the manufactur-
ers are not disposed to lay i'm further
supplies OF raw material al this time
owing TO the unsatisfactory condition
of the heavy weight "oods market. Ac-
cording to many authorities the bust
~ ~ 49, '''lNN ANAn1AAht W. AA'ENN lffh -
practically ended as far as being of
any benefit to the mills is concerned.
and IN consequence, the hope OF the
wool trade 10Y centers OF the light
weight season which will open with
serges shown first about the first OF
June. Until then, in all probability.
the demand for wool viii continue
without particular increase over its
present volume. although it is claimed
that GttaA hat4HtM ,.l.fYl,f .Attfr.Ya.Y
may materializc later ON.
Worsted goods. which in their man
u%lacture require the bulk OF the wool
consumed, are in a distinctly unsutis-
factory position IN regard to volume of
heavy weight orders booked while
WOODEN goods are fairly well situated
by comparison, However, there is no
apparent reason on the part of con-
sumcrs ana ina all probability the de-
nand Ter raw material Will show little
change during then next few weeks UNI
less some dealers decide to sacrifice
thefr holdings completely.
FROM the dealers standpoint, there
is a itrmer tone To- the market prin-
IcipallN because of the fact thai stocks
of wool nov iu BOSTON cannot he re-
placed either in this country or abroad
al current values. thus one or two
important operators i'm oregon staple
now refuse to sell their best Oregon.
woods an prices that are acceptable to
other merchants.
IN the west the situation is praCtic-
.aliN UNCHANGED neither buyer nor sell
or modiiNing hts Views OF values suffi-
IclentlN To permit trading. Shcnring is
becoming more general in Wyoming
and Idaho while il is nearly finished
IN Otah, With asking prices above
buyers limits. the eastern representa-
tlNes are now devoting their energies
70 ~pfocuring new clips ON consignment
at substantial advances. In Nevada
alone. u is understood that - buyers
doing nothing else but solicit con-
~slsnnltntS. There VIII unquestionably
ne "a large amoun of 1910 wool ship
ped east ON consignment but this raw
material may not sell freely until
next iall IL Is estimated that approNi-
ni"telN go per cent OF ltah's clip was
contracted Tor some time ago. and Mt
much better figures than are now rul-
ing there. Very little wool is being
bought outright Tor eastern account
either in Utah cor in any other state.
Tor the dealers are a unit in their de-
termination not TO operate until prices
ARE tNcd on "a basis at which business
can Ice done with safety e. the mid
dlemau.
ShsarinE Is being done in dlflernt
parts "f Washington and according io
Cd recent report. appointment eastern
mills representative has just bought
irom l5e.o0o 1" zoe. 90 pounds of new
clip wool "a Yakima. Wash go 20
cents a pound ia the country With
this exception no activity worthy ct
particular comment is h.iuE lndulr-d
m. although occasional deals are hc-
in~ put THROUGH 90 small clips. The
Montana market viii nat open nntn