Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-11-12
Boston Wool Market

The wool market is usually quiet
around election time and this wear has
been no exception To the rule but it must
be said that inquiries have been numcr-
GUS and dealers have not lacked onoor-
tunities to make sales. The principal diff
hcuitT now is over prices. Buyers. are
ready to pay higher prices Than they
would q month 400. but do not seem
willing to pay what dealers now consider
their clips To be worth, and though the
dlncrence between the prices asked and
offered has been slight, it has been sui-
Gent to hold up business that would
have gone through had the dealers been
at all inclined to shade quotations.
Wooi dealers DISPLAY far more conf
dence in The market than they did six
or seven weeks ago and manv who COllI
see little good in the situation a few
months ago are now most optimistic with
regard to the future.
As far rs supply and demand are con-
cerned the necessity of pric" cutting is
not apparent and foreign markets offer
50 nut" opportunity for American man
nfactur"rS to secure woods cheaply. as
compared with prices here. that il will
be SURPRISING If dea lers ara NOT able 10
market most Of the remaining supply at
the current basis. if not Il little above
l"wS rf the results Of TUESDAYS cleo
IONS vary a good deal, but the trade as
a whole is alarmed over the change in the
compicNion of the next Congress and
som" seem To see al benefit to the
country as result of the change. The
agitation against existing conditions is
expected t" Suhsidc, and, as this agita-
uon mas undoubtedly hurt business in
general. its abatement will mean i'm
provement. But tie possibility of Il re-
vision Of the tariff docs not diminish ana
tne TACT that the wool schedules are
llkelN To get early attention. is likely to
market
The sales of the week are fairly large
for around election time
+l,,
the past week have been smaller tha3
those of the week before. shipments Of
wool frcm this city have increased more
than 2,o0Mo pounds having gone m I,
hcaf h'V''P" mounds. the largest total in
several months. The increased shin
n"nts are taken to mean that the mill .
are buster than thev have been.
me leading grades Of wool are quoted
IN Boston as follows:
ONO and Pennsylvania-NN and aboy,
;lft@2r. fine unwashed a3Gt295e. fine m
inefchantable 25d2sc, unwashed half
nfcpd Com0ing 29030c. clothing a5026c.
1nreIe-elghths blood combias a9a30c,
nioJh-h% 2'n26c, quarter-blood combins
-e4n-'c. line washed dciaine 33d34c I'M
washed 26a027c.
MicLisan and New York-Fine unwash-
ed 2lG22c, unwashed half-blood combing
G1ood clothing 22dM25c, three-eghths
~; blood combing 2eG2Slc. clothing
80 &c. unwashed deIaine 26G26ic.
Kentucky. Indiana and Missouri-;-n-
washed 4uarter-blood combing aGN26ic,
'H Tc nths blood conbing 2Sm 29c
teXas-Twelve months 90, 53c, eight
months 19d21c, fall 1SM19c.
aiifHrnia-Humboldt and Mendocino a
m2oc; choice northern 22G23c. average
northern lSal9c, middle counties i7MlSc,
southern 16011c. fall l5mlGc.
oregon-Eastern staple No. 2OG2lc.
so : .od-lc, clothing 16@17c. valley No.
1lq22c, No. 33Gr24c, No. 190l20c.
Ierlltory-ldaho, fine 1su20c, heavy fine
ic, low medium 22m23c Wyoming, fine -
go, heavy fine 16all7c. fine medium 1871
Uc. meSjum 22a23c, low medium 22023c