Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-09-19
WOOL TRADE STILL
MAKING VERY
LITTLE NOISE
Goods Market Remains UnSat-
iSfactoryi Montana Clip Best
of Wool Raised in Far West
etn States,

VI ''NCi ''SlONN ~ ~
efn States,
In some houses there IS more bust
ness being accomplished, but as 4
general rule, trade continues eN-
trcmely quiet in the Boston wool
market. NO manufactures Is disposed
to engage large supplies of raw ma
terial at this time owing to the UNI
satisfactory state OF the goods mar
ket, says the Boston Commercial
Bulletin. An encouraging feature of
the situation is the increasing volume
OF orders for goods that is being re-
ceiyed BY manufacturers from all
sections of the country, Individual
engagements, however. are only of
Very small amounts, hut the wide
spread demand Is considered indica-
tive Of better business in the near flu
ture. 1t is generally understood that
the supply of goods on retail shelves
throughout the country is distinctly
small and with q fair demand for
heavyweight goods in a few weeks the
mills are expected to book u moder-
ately satisfactory amount Of new
business in the late fall.
Any material Improvement in goods
will soon be reflected in the wool
market and some merchants believe
that trade may show an increase
within the next two months. Re-
gardless of the fact that business Is
now comparatively dull on the whole,
the Owncrs of good staple territory
wool are not anxious or willing to
sell the staple out of their 1910 clips
thereby leaving a large percentage on
clothing woods. II is well recognized
that with the exception of Montana
the far western states produced nm
unsatisfactory quantity of good sta
pie wool this season and AS Il result
the desirable staple Montana is mo-
apt to he sacrificed particularly as
dealers generally believe that prices
will advance as Don as trading inn
proves,
The wool situation the world over
Is n sound one. In Europe, consump-
ton is steady and substantial while
prices are very finn with a possible
strengthening on low crossbreds and
merinos at the coming London auc-
tons. In this country. there seems to
be no adequate reason why goods
should not sell and wool move In
turn. However, the political outlook
Is not particularly encouraging for an
undisturbed movement of merchan-
disc. The result OF the November
congressional elections viii undouht-
edly have a large sympathetic effect
on the wool market although there
appears To he no cause for 1t, 1t has
been said that " a republican house
Il elected wool prices may show n
rise of from 8 to 10 per cent.
Manufacturers are examining the
different lots of wool available for
purchase, but in most cases their in
tcrest eases before reaching the
buying point. OF curse, some of
them are disposed to operate If prices
were lowered to meet their ideas, but
the majority of consumers are not in
the market for substantial purchases
of raw material and they will not be
until goods sell q great deal more
freely than ut present. The light
weight season Of 1911 viii unques-
tionably he a worsted one. It being
estimated that fully 75 per cent Of
the goods sold to date ave been
worsteds However. the total bust
ness booked by the mills is distinctly
unsatisfactory and the current de-
mand for future deliveries is not suf-
~ficiently heavy to add much strength
to the situation
Buyers are bgyinR raw material
in very moderate quantities
as a rule, the large transactions be-
ing very rare. Mills are taking from
/ o. 900 To 100. 600 pounds each, the
varying from medium un-
~flcecos. territory grease and
occurred TO fine merino Australian. In
quarter a fairly large aggregate
movement of fleece woods grading
Iuarter-blood three-eighths and half
blood is reported while In The Same
place q fair quantity of new territory
Hool Ia the original bags Is moving.
Texas r. months and 8 months arc
llso in request with sales Of fair
Quantities at o. TO co cents secured
or the former and about o. cents
or the s months stock The move
in original territory woods rs be-
ng accomplished AZ "a range OF 10 to
cents in the grease. 10 Is under
TODD that fleeccs are not generally I
n much request ana according TO re-
Information good Ohio quarter
Fan be obtained AT p cents in
well known house. Furthermore. I,
{ Is stated that top OF the market
both half-blood and threc-cighths
s % cents although ID Is commended by \
handlers that these grades
re worth up TO 80 tents Pulled
are In rather Quiet demand stili (
some business Is being accom-
Ia rs supers az about 45 /,
enfs. Z
There is q limited tradiag passing (
n Australian woods. desirable cross
having been pAtty well /,
iaened up. Merino s4's " attract I
ng some attention also IS \%transac-