Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-04-13
SELLING OF
TERRITORY IN
BOSTON
Contracting Ceases in West
ern Statesi Small Lot Buying
Continues But Trade is Gen.
orally Quiet.

orally Quiet.
The market during the week Ina,
been exceptionally quiet on all classe'
or stock. and she volume OF business
has lcen very small and even then in
but very small lots. The manufac-
tuners are evidently determined moi
to buy wool untl demands for g9dda
show w better. The worsted yarn
spinner are complaining of q lack OF
business and in some cases have eur
tailed production. They show but
little interest in wool and are run
ming on such stock as they have IN
Ill the demand Tor yarns improves.
When this demand should be due,
however, nobody in the trade seems
to be able to fathom. In the words
OF one Of the large and prominent
wool houses there is a feeling of dis
trust in the underlying conditions of
the market, and that upon which the
wool market depends, that this fecl-
ing has been harped IN SO long that
it has made itself finally a fact.
Sales Of the week were 100000
pounds, says the American Wool and
Cotton Reporter.
Sales in al eases during the week
have been in small lots, these lots
seldom exceeding 40, 900 or 10000
pounds. There Is no doubt whatever
but that "A larger business could have
been done If holders of stocks had
been willing to accept the prices
which were bid, but the latter were
SO Tar below the ideas of these same
holders that the woods were not sold,
the owners prefcrring to hol dout for
their price rather than go starving,
so to speak. The market, generally
speaking. favors the buyer and when
sales are made they are generally at
concessions in values.
There Is no question but hat the
would have declined still fur
than it has. had it not been for
very noticeable strength in the
wool markets where prices
AYE ruled higher. If anything, and
specially upon the finer grades Of
wool. As a matter of fact, it is a
'emarkably peculiar condition which
viii allow of such a poor market and
viii still keep prices up without the
serious decline which might be
expected. The London sales closed
asst Wednesday strong on merinos,
although the coarser woods showed
ONE noticeable
New Wool Sales Light.
AS regards new woods the trade
till seems determined to wait until
he clip is shorn before doing any
hing. There has been Il little bust
Tess, but nothing to what it has been
n most years at this season. There
been a little business in A%rizonas,
'ut nothing to amount to much.
from $4,000 to 100. 900 pounds Of
were brought into this mar
.ct during the week and were sold
o SAY, the wool in question was sold
n the grease and the Figures as given
re the prices which they would cost
n the secured basis.
The Arizonas which are coming
alto the market this year are in ex-
eptionally good condition and on tho
hole are better than last year. In
encral they have Il good staple. are
ght and tine and ON the whole they
re very attractive. The sales which
'e nave mentioned are the first
'hich have yet occurred. In two or
iree weeks shearing will be quite
eneial in a number of sections.
Wool growers Of California have
their shearing and as usual at
Ills time the Nevada clip has begun.
Utah clip viii begin before long
nd shearing should take place in |
'yoming some time before the mid I
le OF April Conditions remain as /
lst week, however. Buyers viii be |
about starting out, and in the !
lterior the buyer and the seller are 4
III far apart.
The wool dealer naturally enough \
ants to see this stock Move, but /
.Nertheless he must refrain from /
liking M an active market from \
Of the erect which 1t may have
pom the new clip which he may pur- ]
lase. Until conditions Improve here
the east, therefore, II is the nat
raj result that the wool merchant
in do but little with the new clip.
$ n dealer puts it. why sell
at 65 cents when Australians
e. selling ut so cents e.''
Small Norstcd buying.
As has been the ease FOR SON. time
e buying has been done mostly by
e wooden people. The worsted peo-
e have, of course. come into the
arket occasionally. but they have
npiy brought on a "hand-to-mouth"
As can be seen from the signifi-
ntly small number of sales this
even the carded wooden men
We not bought amy large mount Of
'ol in the aggregate. Neither does
seem TO be even as much in
iry as there was a week ago.
The takings OF the WOODEN people
comprised fine and fine medium
.'ritori.s. some fine unwashcd
zee. also three-eighths clothing. a
" fan Texas woods. some Califor-
A.. a moderate quantity Of pulled
'ols running more Il the fines
AIDES and secured wools. both fine
q coarse. the latter including a few
Isl India and China woods.
s1ccccs.
The belief seems to be growing in