Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-07-15
The New Gin.

Win little business being done in
Boston, the new clip now being shorn
quite generally Is attracting inereas-
Ing attention although the continued
refusal of growers in most sections to
grant price concessions Is responsible
for the very Sow movement OF the
1910 clip from the growers hands.
Sales are still being held in Oregon
and Idaho with both dealers and man
ufacturers operating. June 25. 1.I00,-
900 pounds We're sold at a secured
landed cost of 81 to 5S cents. or prices
touching Is l-2 cents i'm the grease.
June 20, the little" clip of Idaho,
amounting to more than 400,0 900
pounds was sold to an eastern buyer
at Ia 3-S cents for the fine merino
ana at II cents for the crossbred.
In Idaho, fully 700, 900 pounds
changed hands the first part OF this
week at a range Of Is to II cents
grease or up TO 81 cents secured. "A
few clips were sold in Wyoming on a
clean basis of about 55 cents landed.
Montana flockmasters and buyers
are still too far apart in the matter Of
values and according to late reliable
reports, no sales of any Importance
whatever are being accomplished A
telegraphic dispatch was sent from
Butte to his market several days ago
In which it was stated that the
Charles j. Blair clip, which evidently
referred to the G. NJ. Baer clip. aggre-
eating 1,500, 900 pounds and the larg-
est individual clip in abe world, was
bought by one of Bpston's leading
houses at % ~ cents The Itea Broth
ers' clip Of 500. 600 pounds was also
included at the same figure. The state
ment added that the so-ealled com
bination Of Wool buyers had fallen
through,
AS a natter OF TACT the clips re-
ferred 10 have been obtained on con-
signment 10y the Boston firm men
toned at a. reported advance Of 16
cents, but no reported purchase has
been made. Furthermore, it is stated
that the price of % i-2 cents reported,
is a preposterously high one consider
ing the present poor condition Of the
Boston market. This report is prob
ably another one of the so-called
wash sales made public to exert its
influence on the market.
Latest reports from Montana state
that with the exception Of minor
transactions and a few leading clips
taken on consignment nothing has
done to date. Shearing is now
Mt it's height and will probably not be
finished until the middle Of the
month. However. il is believed that
the market will open there July s. as
is customary and it is contended that
ms soon as the mass of grower real
lie the actual condition in the east
a compromise yin be affected be-
tween buyer and seller.
In the middle west no Improvement
In the transfer OF the clip is apparent
the continued high prices asked by
growers are still Keeping eastern
operators out OF the market. Some
operators. however. continue to
pick up clips occasionally, but the ag-
srcgate purchases are not important.
IN Ohio 20 to % cents Is being paid
or medium woods, with little obtain
ible AT the lower figure. In the east
'rn part of the state where the fine
vools are grown. "a few scattering
lips are selling ~ a range Of is to
20 cents. the latter price being paid
or good staple In one place. il IS
understood that a small quantity Of
delaine and Xxx was bought
ecently al 20 cents as compared with
3 cents for delaine last year. The
indiana clip has practically passed
rom farmers hands to local dealers
possession at 20 to rs cents. The
armers Of New York state are still
skiing % cents, while buyers are Of
% cents. 4 little is changing
.ands at "a cents. but the difference
etween buyer and seller prevents the
of important quantities.
Chicago Wool Market.
The wool market is quiet at this
me when shearing is the order 81 the
ay in so many localities and little
interest is shown In the new clip By
the merchants or the manufac-
lrers. there still being such "a differ
Of opinion existing between them
the wool growers as 10 values.
Receipts are increasing each week.
specially the ranch f~leeces from the
ar west. which are largely received
s consignments. and "A portion OF
lese. II is said. are not 10 be offered :
Dr sale until a general market value :
,r this line Of fleeces shall be cstab- )
shed. while IN the nearby wool grow
~ sections the farmers are giving
attention To- their planting than
DOL. i
In the pulled wool department there
ere fair sales as fully $4,000 pounds
ere Sent forward 20 the consumer
Domestic fleeces in the way ~ 20. 900 .
eunds was moved. lille nothing WAS .
one IN the semi-hright wools. secured :
DOL Of various kinds were purchased q
, the extent Of i0s.30o pounds by the Q
manufacturers. and In the territory :
some sampiing seems to b. s
u that can be- said n still this
impling may produce results.
Prices are %favoring the manufacture =