Albuquerque morning journal., 1910-12-26
FIRM UNDERTONE IN
WOOL MARKET
At BOSTON
Little inclination on Part of the
Dealers to Make Concessions
to Buyers; More W h G G $
Turning in the Mills.

The tone of the Boston wool mar
ket this week has been far from
strong, but firm undertone has un-
tioubtedly been present. so that all
though sales have in the main been
for small lots, there has been little. II
any inclination on the part Of dealers
to make concessions to buyers, at any
rate, not on their own wools, says the
Boston Commercial Bulletin.
There is undoubtedly, also, some
what more machinery In operation at
the mills, besides which the firmness
Of foreign primary markets at the
moment has served to buoy up the
American market. although Indeed II
would be hardly true TO say that the
domestic situation has really been
strengthened by foreign conditions
over against the increased hope
fulness in the wool trade, however,
that the first of the year with the
heavy weight season well started will
bring much improved demand. de-
spite the tariff agitation, and taking
into fun account the fact that cloth
ing manufacturers have been doing n
hand mouth business for the past
two years, so that surplus stocks can
not be very heavy, there Is the un-
questioned reality that stocks of wool
still In dealers hands. are relatively
large to say nothing of the stocks of
foreign woods which some mills have
carried over, and this, too, in spite of
the fact that receipts OF foreign wools
have fallen off So remarkably this
year.
New York Wool Market.
There is a distinct tendency TO
strengthen noted in the New York
carpet wool market. The mills are
not covered very far forward, and
with little likelihood of being able TO
buy any considerable amount OF
stock below prevailing quotations,
there seems 10 be disposition at
least to sound the market, and ru-
mors are current that in some in
stances even more than this has been
done. A sale Of 100000 pounds Of
China wool is said to be under con-
sideration by large mill, while there
has been more or less sampling and
some little hand-t mouth business
A further reason for optimism on the
part of dealers lies in the fact that
from primary carpet WOOL
centers 10 this market are very light
at the moment, the top estimate be-
ing around three million pounds.
Warehouse Withdrawals for the
week show a decline from previous
weeks, amounting TO but 250.76
pounds, as against 247,454 pounds
and 2l3,901 pounds en-
tered for consumption. Included IN
the arrivals of carpet woods at TINS
port for the week We're 1s2,666
pounds of Russian wools. which is the
largest shipment arriving here In
many months, IL is thought that new
III. hn
will be placed on this market AT
higher prices than those
now in force, and it is claimed in
some quarters that shippers are hold
ing back new clip woods until the old
stock here has been entirely disposed
Df.
Some moderate sales of Texas wools
have been effected at fair prices in
he clothing end of the New YORK
market this week, but there appears
. nave been no snap to the demand.
Dealers look for good market after
he first of the year.
Chicago Wool Market.
II is said that the tendency of the
purchasing market for woolens is to-
wards higher grade of goods ana
his fact is noticeable from the line
If wools the manufacturers are call
,iyen the lower quality of woods at
he present time, and while the buy
ng ol raw material in the local mar
,et has been somewhat restricted, |
till enough mills have taken wool to |
make a good busines for the past |
week.
The wools in this country do not
eem TO be affected by the prices |
broad which rule considerable |
Iigher and still the manufacturers
how little anxiety with reference 10 |
tocking up. and continue the policy |
( buying their wool In limited |
mounts.
Trade was rather better than our
Merchants anticipated. In all lines OF
yool. as 1854 bags of secured wool
ias sold during the past week ana
& 500 hounds OF the bright unwashed
omestic fleeces also 37,400 pounds
+ the semi-bright wool was In the
ales.
one dealer found q customer for
ne OF $4,000 pounds Of black
eeces. 412.6O0 pounds of pulled
-ools. and 793.7O0 pounds OF terri
,ry wool wss. sold and all this sotck
as sent forward TO the mills.
philadelphia Wool Market.
The dom esffc wool market has
cen quiet In general. The few ex-
options we're where some large deal
rs sold fair blocks Of both original
nd grade territoy wool, also moder-
te amounts of unwashed fleece
ool
Foley Kidney Pills are tonic In ac-
on, quick in results, and restore the
atural action Of the Kidneys and II
n1Iar TsFo.. o,rracf frrcn1llarfffas /