Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-05-27
SHEAR|NG GENERAL
IN THE WESTERN
WOOL STATES
Western Clip Heavy Secured
Territory Moving FreeIyi Gen.
eraI Situation in Boston
Shows Little Change,

There is little change in the wool
market situation here in Boston, al
though %liqriaation stin continues in
more grades Of wool, mostly in those
grades which were moving last week.
In other grades, however, there is still
little, If any, movement; and. in fact.
some grades of wool are said to be
just as draggy as at any time during
the present season. There seems to
be little inclination among any of the
desire to force higher quotations than
have prevailed for q week or two.
Sales of the week were 3,715,000
pounds, says the American Wool and
Cotton Reporter.
This, however, is only natural at
this time of year, during the season
when the wool dealer is endeavoring
to purchase his new clip. To force his
prices higher would only mean that
he would have to pay more for his
new clip. the price of which. il must
be admitted, depends in good part
upon the prevailing prices of the old
woods, which reflect, of course. the
demand from the manufactures for
woods.
Feeling Is Better.
Although quotations have under
gone little change, there is. neverthe-
less, a better feeling noted, and the
market. as mentioned last week
seems somewhat stronger. The in
quiry from the manufactures o n
tinues, and although the dealer shows
no inclination to raise his values on
his old woods. he has in general shown
n disposition To refuse to let his
stocks 20 below the extremely low
prices noted for the past few weeks.
AS a matter of fact, stocks hav
got down to a level, and conditions
have reached a point where actual
wool values can be more definitely
determined. owing to the fact that
woods, and more especially the fleece
woods. have been so quiet and dull
for several months, wool quotations
been largely nominal during this
time.
\ Buyers Market.
The market. however. is still in
favor of the buyer and probably will
to be so unless, as hitherto
suggested, the light weight season
opens up a great deal better than
conditions at the present time would
indicate. or late. however, there has
been noted q better demand for wool
tops and yarns, a condition which is
taken TO mean by some that we are
going to witness a much better light
weigh season than has been the past
heavy weight season. This, of course,
he taken to mean either a poor
or a good season, for the season could
poor and still be very good in com
parison with the abnormally poor
heavy weight season just gone
through.
Montana Attract Favor.
a considerable amount Of inquiry
been noted during the week n
large sales of Montana and
staple wool were CONSUME
during the latter part Of last
week. Considerable interest is still
by the manufacturer, and MS
has been the case for a number OF
weeks, more buyers haev been noticed
about the market than was
the case some weeks ago.
or course. in fleeces and Oregons
thcrc Is room for considerable more
liquidation, and if this should ensue
there might possibly be a further re-
in values. As a matter OF
fact. there is a rumor that some Mich
igan quarters sold for p cents In
Philadelphia this week. We have
been unable to verify this rumor,
however. and. at any rate, this figure
could hardly he taken as a quotation.
since any sales reported in Boston
were at 2S to % cents.
New Wool Crop Big.
sheen shearing is now general
throughout the west and the western
ranchmen are busy taking care of
their new cdip. il being estimated
that some 800. 600. 600 pounds of wool
will be SHARED this year. In the
.rv. however, business is very quiet
and the buyer and the wool grover
are still far apart IN their ideas ol
" = An. ,LI,.r xs-.RN Tho qQEf=I
arm dealer Is busy e~ndeavoring to dis
pose of his old woods and is appar-
entity determined not to speculate by
buying his new clips at the prices
which are asked by the grower; Tor
speculate he must if he would pur-
chase az the figures asked under the
conditions maintaining here IN the
East.
And the buyer. having received the
good values he obtained last year,
cannot understand how conditions
could have undergone so drastic "a
change in the short space Of a year.
The new woods are reported as beins
short and heavy this year, and con
siderable c~onsignlng is taking place
IN Texas. Utah. California, Nevada
and Wyoming. the latter. 1t IS re-
going largely to Chicago inc
OF the eastern dealer was wen
IfAlldtNA tA tue HAtc NA ANoAAN
At Mountain Home. Idaho. OF Mon
when only $4,000 pounds were
by one eastern dealer. although
twelve other eastern buyers were in
attendance.
Territory Moods.
There has been d continued liqui-
iation in territory woods during the
past week. and several OF the large
wool dealers made sales Of Montana
wool at 12h cents. which is
somewhat below hat which they
wanted several weeks ago. They have
70 hold ON Co these woods