Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-11-01
BUSINESS AGAIN
FAIRLY ACTIVE
IN BOSTON
Manufacturers Show Constant
''I Interest; Big Clip Remains
IIn8oId in New Mexico, $780,
600 Pounds Recently Sold

. last the volume Of business be-
,ecomplished on the Boston mar
= sufficiently large 70 warrant
,erm Fairly active, IN referring
lh' damand Tor wool, says the
!, ton commercial Bulletin. Manu-
'srors have shown constant inter
l'S Il tho offerings during the past
'St ooh and they are still taking
= moderately substantial ~agefesate'
q rho dominating feature of the AM
.i,an wool trade is the continued ac-
,i.ity If the American Wooden COM
in domestic woods. As reported
r., week. the leading corporation
%,rcbasol approximately 2,O00'OO0
.nds Of h%alf-bIood territory wool
poeton but 10 this must be added
enough to bring the total up to fully
"a oo0 O00 pounds. nof not more. Dr.
I'm, buvers of the company have
taan active in Boston, Philadelphia,
9, Touis and Chicago. In Boston the
,,rchasers of the American Wooden
romnany this week are conservative
y, astimqfed at 10000 pounds of
IN fTktlitN,
holf.blood and quarter-blooa. In 81
: mis- If is understood that fully L.
soo o0o mounds Of Idaho h~alf-blood
wore bought during the past week
while in Chicago it is understood that
.bont 500. 700 pounds of territory
woro picked up for the same con-
snmer. The Philadelphia purchases
ara also understood to be substantial
90 that an estimate Of purchases of
ia 600. 600 pounds by this company
einee the buying squirt started two
weeks ago is fully maintained by re-
ports from the most authoritative
sources.
In addition to the activity of the
largest wool consumers in the coun-
try if is reported that a prominent
Rhode Island mill bought approx
matelv 1000, 600 pounds of fine to
fine medium territory woods running
10 staple. Practically all the houses
in the trade are feeling the greatly
increased activity as a number of the
Larger mills are represented as wen
as MANY of the smaller manufaetur-
ers. From the standpoint of the deal
er the situation is undoubtedly bright
or for manufacturers awe delayed
the purchase of raw material stocks
about az long as possible, and as a
result. supplies must be acquired soon
L, take care of the goods require
ments. Late reports from New York
state that there is more business be-
ING done in heavy weight goods but
the duplicate movement in spring fab
RIGS has not set in satisfactorily yet.
Seasonable coldweather is needed to
stimulate the retail trade which in
turn viii impart its activity to the
primary market.
There is still more or less hesitation
in buying wool goods but it is be-
coming more generally realized every
day that the available supply would
not be sufficient to take care of Il
normal demand. After the Novem-
her elections when the people will
have expressed their desires on the
matter Of politics, an Improvement
in general business should follow and
the wool trade should receive its
share of the activity. Prices as quot
ed today are without doubt distinctly
reasonable and there is no question
that any change would be toward a
higher basis. Domestic woods are so
cheap, that is by comparison with the
figures ruling on for-en woods abroad
that with q few isolated exceptions,
American manufacturers will not con-
slider the purchase of foreign stock
gNpaDf "a c.tr,,4I can't, fgNs than the
cost of importing.
The aggregate movement of the
week ana counting 1900, geo pounds
by the American Wooden
company and the same amount re-
moved by the Rhode Island mill
above referred TO only 100000
pounds are left to be taken by the
other buyers.
The demand is varied and runs
through practically all kinds of terri
cory from coarse to fine including Or
lsinal bags, secured lots. graded half
oiood, fine staple and fine clothing.
prices are not higher there
Is undoubtedly a firmer feeling in
regard to values by most dealers it
'elng claimed by some that it is rath-
'r foolish to sell at prevailing rates
"hen 10y waiting a short while adj
.anees may be obtained without an
leulty. Ohio. Michigan and Wiscon-
ln three-eighths and quarted-blood
'e selling moderately as well as an
lhWashed delaine. Texas eight and
z months woods are i'm continued
Moderate call while some business is
eng accomplished i'm northern Cali
orhla grease wool ana Az secured.
ulled woods are still changing hands
u moderate volume with prices gem
rally maintained.
As noted above, the relatively
heaper rates obtaining ON domestic
,ooisire responsible for a substanti- :
j Iack Of interest in ~nforeig woods.
DPply of foreign woods on this mar ,
o comparatively small as manu- /
i'turers are not willing 20 pay even !
'e import cost. In one quarter Of
'e marhet very moderate sales OF ,
.eel"ng CAS- and EOS as we'll as cross
req 80 To Sos are reported. Carpet
"huiacturers are more quiet than
ny week In the wool market. but
'.e's are very firm and unchanged.
. dispatch received from New Mex
I'd states approximately 100000
lunds of 1910 clip were sold there
'lhhn "a few days for an neastern ac-
but the price paid Is unohtain-
,e. 1t is understood. however. that
'Nlin q short While the sheenmcn of
" Mexico asked from Is to Is cents :
their unsold clips which prob
aggregate several militonn
iunds.
thicaeo Wool Market.
he uncertainty due to the reform