Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-09-15
HIGH PRICES STILL
ASKED FOR WOOL
IN TERRITORY
Little Doing Here on Account
of Growers Demands Re-
view of Situation in Boston
Wool Market,

There is no perceptibly better move
ment in the Boston wool market al
though the aggregate Of MANY small
sizes is fair. says the Boston CONNER
cial Bulletin. The market. however,
can be termed quiet" still. for the
large onsume are not engaging sup
niles except in a very conservative
manner. The lack of appreciable ae-
tiyfty in the goods market is primarily
responsible for the continued compar-
ative dullness in wool and it is prob
lematical when conditions will i'm
prove materially.
In some quarters of the markes
there is a philosophical feeling that
the passing Of each day brings the
time for better business so much near
er while optimists contend that the
demand for wool goods must Improve
soon in order to supply the demand Of
the people Of the country for cloth
ing necessities. According to recent
report the call for heavy weight mems
wear fabrics is Increasing in the raw
material market before long. A few
duplicate orders for light weights are
also coming forward to the mills, but
owing to the very small amount Of
initial business placed early recorders
are not at all surprising. Until buy
ers are placing orders for next
springs goods in a substantial way
the wool market will show no appreci-
able Improvement. The possibility Of
a further revision of the wool tariff
within the next year OF 50 is not con-
ducive to satisfactory activity in wool
although il is contended that the
clothing requirements of the country
must be supplied whether the tariff is
to be changed. or whether politics are
unfavorable to capital. In other words
it is believed that regardless Of out
side conditions the movement of wool
ana wool goods will depend upon n
legitimate consumptive demand,
Prices are being maintained quite
firmly and as a matter OF fact dealers
are less inclined to dispose Of their
territory holdings at current values
then they were a week or " ago.
The reason for this strengthening is
The cost Of the wool in the country
which the present local price does not
permit the dealer to make much
money on the transactions. Some of
the important hills are represented
but operations are generally con-
to modest individual quantities
Of various kinds OF wool The demand
chiefly ON territory wool of
half blood grade and below. New ter
ritory ~fleeccs are moving moderately,
while quite q few Transactions COM
prise original packages. Dealers are
by no means urging manufacturers to
the best territory woods in guam
nty 1T prevailing figures for the for
mcr confidently believe that better
win be olitainable later. When
higher prices will be paid willingly
10y consumers Is a question but IT 10
the concensus OF ua'n'on that the cost
Of wool at producing points preclude
Inc acceptance by merchants OF rates
present quotations.
a fact Of quite a little Importance
10 both dealers in ana consumers If
Oregon wool is the granting OF a baa
rate on this wool 10 the east by the
railroads thus allowing Boston deaf
TO receive the 1910 clip in the orig
NAL bags instead Of in bales that
were stored and graded in the state
10 Oregon/ Interest is being shown
In these woods as they come forward
la the original packages. while some
business is being done I'm 1903 staple
Oregon f~leeces. Montana is also sell
ing in The original bags and arrivals
are now being graded. The general
of dealers today in regard to