Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-01-12
YEARS END QUIET
TIME IN BOSTON
WOOL TRADE
for January Business
Encouraging Bis Buying
Operations Expected in Ter
ritory Woods,


The Boston wool market was gen
orally quiet last week. a condition that
is usual during the closing week of
the year when manufacturers are
making Inventories Of their stock, says
the Boston Commercial Bulletin. The
mills of New England are occupied
with this task, While many of the mills
in Pennsylvania and New York have
been shut down during the entire per
iod for "a similar purpose. As Il result
of the occupation of manufacturers
and their unwillingness To ada further
accounts to the books Of 1903. business
In wool is comparatively light. How
ever, some houses report a continued
interest of a sampiins order, and in
one or two quarters a fair turnover
for the time is being accomplished
December Was a very satisfactory
70 wool merchants as a whole
and according to The Jews Of the larg-
est dealers in the market h outlook
for January business IS distinctly en-
couraging. These merchants who con-
tend that the demand for raw ma
terial will show q decided improve
ment during the next two or three
weeks claim that by the middle Of
January goods for the heavy weight
season Of 1910 will he nearly an on
and that manufacturers
will receive such a call for goods that
purchases Of wool Will be war
Ianted at once.
Some lines of oVercoatings and me-
sultings opened within
the past week or two have been re-
ceived with considerable interest by
and it is said that as soon as
the retail activity becomes less insist
operators in the primary market
will assume the initiative. A fact
of mention is the lack of spec
among clothiers, who have
thus far refrained from buying in
quantity goods that have been offered
on a basis of cheap raw material, de-
spite the fact that their stocks are by
no means substantial. In other words.
their buying power has not been sub
stantially impaired. and in conse-
when they get to the buying
point purchases are expected TO be Of
volume Another factor in
situation Is the reported disDOsi-
ton Of manufacturers to keep down
on the coming heavy weight
goods as much ms possible. BY the
Of January it is expected that
Tho leading mills viii have their fab
ready for inspection and pur-
chase.
The continued sampling of all kinds
Of territory woods. f~leeces. California
and Texas stock. as well as both fine
md crossbred foreign woods, j.
to be significant Of buying
operations of considerable magnitude
Turing the next several weeks. While
nanv believe that January viii record
satisfactory wool business in the ag- !
no manufacturers are trying
o anticipate such activity by laying |
II supplies at this time, bat It must
pe remembered that within the past
.vo or three weeks 4 great deal az
WOOL was bought apparently in antici. |
)ation of a broadening Buying mcVe-
next nionfh.
Prices arc holding very firm in illl
and no merchant is disopscd
@ o his remaining stocks al sac
'ifice figures. According To one lead
dealer, some Of the large Norsta1I
Mills are now taking samples OF large
ines or territory ~ 81 and deais #ie
,ending IN several importan. siz, d
ines. However, good territory wool
$ said to be c0ntparatlN ely scare ard
manufacturer 'Hking two or inree
pounds OF the best stock would
obtain the greater part Of
uch offerings.
Among the transactions of the week
re original bag Montana at 26 to %
ents; three-eighths Soda Springs at
y ttitSt tilDitt IIi0 iilttiiQiH w NbIli- |
ng at "a cents; choice Humboldt Cali
ornia at 80 cents; spring California
t about 60 cents. secured basis; fall
'exas at Fl to 20 cents; IL months'
at 2S cents; New Mexico and
arizona at 10 to 22I2 cents; fine
coured territory at 20 cents; Ohio
h~ree-eighths fleeces at 81 cents; fin
nwashed Ohio at 2S cents: quarter
lood Ohio ut 35 cents. and quarter
lood Michigan IN a basis OF "a cents.
comparatively limited business is
cling done in pulled woods on a basis
{ SIS to 50 cents for standard b
lpers.
Many sample bales Of new clip Aus
allan wool. now available, are being
lken by the mills with the apparent
ltention of making pure bases after
ne beginning Of 1910. Both fine and
are moving. -Four m~erino
about 81 cents secured is the cur-i
mt cost, while cross-bred 40s to 44s
re selling on a basis of approximately
0 cents; 44-46s are quoted at AL
ants, and New Zealand SOS are held {
AZ to "A cents. Samples of the new
rgentinc wools are expected daily {
nd until their arrival little further (
in this stock is looked for. /
eeces of Ohio production. other {