Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-08-06
BOSTON WOOL MARKET.

Leading wool merchants are disposed
to take conservative view of the stu
alton that has developed during the pa ST
fortnight and are not talking too enthu-
siastically about the outlook. They do
not anticipate "A boom. There is, however
a feeling of great confidence throughout
the trade, even though some members
have not as yet benefited to any great
extent by the operations of buyers who
generally admitted that the condition of
the market is much healthier than it
was month or even fortnight ago. 1t
is much easier to sell wool than former
~, ana no difficulties at all are eXperien-
ced in marketing supplies at old prices
The trouble is found when higher levels
are sought. Prices are inclined to harden
and on some things are actually higher
but buyers are not easily persuaded into
paying a material advance.
The market is quieter this week than
last and a smaller volume of new bust
ness has been closed. Transfers, how
ever, aggregate several million pounds and
include many large lines of both domestic
and foreign stock. Buyers for large mills
are still inspecting offerings and placing
orders. The surplus of foreign wool, no.
tably crossbreds, is being cleaned up and
lnroads are being made in the stocks of
ming considerably behind last year. Ship
mentS are increasing. aggregating over
100000 pounds during the week ending
YESTERDAY an increase of nearly 5oo,Ooo
pounds over the previous week
Evidences are accommodating that the
long period of depression has finally civ
en- way There is broader demand from
manufacturers than for long time evil
IDENTIFY based largely on the promise of
expansion of consumption. The prospect
is for less idle machinery the coming six
months and that the increased activity
will be found in worsted mills the larg-
est consumers of wool The opinion that
worsteds are going to be in greater de-
mand than last year and that carded
wool goods will grow a corresponding de-
cline in favor is growing and is shared
botn by manufacturers and wool dealers
:. ne Leading grades of wool are quoted
., OHIO and Pennsylvania-XX and above
$40 &c fine unwashed 22G23c, fine un-
mere 24a25e, unwashed half
three Fights blood combing 2Sa29Hc,
; 27a2scs clothing 5sa2ic. fine washed de-
Michigan and New York-Fine unwasb-
ed 2l@22c. unwashed half blood combing
2Sa29c, clothing 29M24c. three-eighths
blood co hIa 2aasm2slac clothing 2Sa24c
22m23c, unwashed delaine 25d26c
Kentucky. Indiana and Missouri-Un-
washed quarter blood combing 26a27c,
three-eishths blood combng 27G2Sc.
Texas-Twelve months 3lGaec. eight
months 1Sm19c. fail nominal
California-Humboldt and Mendicino
northern 2ea2lc, middle countries i7a 1i
southern 16m17c fall l5Gl6c.
Oregon-Eastern staple, No. l lSalgc.
No. No; 2o@2lc, clothing l6@17c, valley No. i
Territory-Idaho fine lSdl9c. heavy fine
i6al'c fine medium l9a20c. medium 22Gl
3 iSc,,d low IN, medium 22@23c;; Wyoming. fine
1 iS159c' heavy' fine l6Ml7c fine medium
&c; Utah and Nevada fine 1smI9c: heavy
llne l6dlic. fine medium $4,000, medium
5202"c, low medium 22m23c Dakota. fine
23c. 81"
Montana-Choice fine $4,000, average
me l"0lsc. choice fine medium 2On2lc.
5 a1ne 10 me medium l9M20c. fine staple
dunn 22d23c, low medium 22G23c.
Colorado. New Mexico, etc.-Colorado
iine lSdl9c, fine medium $4,000, medium