Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-04-27
TERRITORY
SAMPLES TAKEN
in Boston Wool Market
DeveIopingi Turning Point
Believed to Be at Hand.

Interest in the Boston wool market
is developing with more buyers of inn
portance looking over the remaining
supplies and it is the belief of many
that the turning point is about at
hand. says the Boston Commercial
Bulletin. Il is contended hat the
mills are now beginning to run low
on raw material. but it is not bclieV-
ed that the spinners win be factors for
some time. Local as wen as consum-
Crs from out Of New England are in
evidence here ana they are displaying
"a greater willingness to operate than
has been the case for Il numbo OF
weeks. Dealers are now feeling more
optimistic because they believe thar
manufacturers will soon be compelled
to purchase additional supplies OF
wool. Duplicate orders for heavy
weight goo Is are increasing in vol
ume although ii is % fact, that the
bulk of the recorders are being plae-
ed for cardcd wooden fabrics.
There is not 4 plentiful supply OF
dome3-is wool available on this mar
ket and in consequence, heavy pur-
chases by lending mills would unques-
%tionabit rcdJce stocks to q distinctly
low p)lnt Dealers are naturally dis
posed - sell their holdings. particu-
lfIlN III view Va Nitt Ai1A AitAt tiIt -
rival Of the new domestic clip is draw
ing ncar rapidly. \ number of houses
close their books fer the year in April
60 that bargains on different offer
ings had been obtainable during the
past thirty days, but it is stated the
time for the purchase of supplies at
comparative sacrifices IS passed, and
from now on the payment Of prices
warranted by market conditions.
Nh sx,,rRarfYn Fnrt,1 talE1 Of Ann1nFC
in regard to prices is proven by the
refusa! of several merchants to Ntli
large lines of domestic wool simply
because buyer and seller were from
one-half cent to ! cent a pound apart
on values. In ether words, despite
the quietncss Of many weeks there are
dealers or this market who are I'M
willing to sell their holdings unless
manufacturers viii meet their fun
asking prices. 1t is understood hat a
line of /, 900 600 pounds of oregon
staple wool is still owned by u dealer
on this account while important sized
lines of both leads to the belief that
reported washed and unwashed Ohio
delaine have not changed hands oWins
to a like difference in values.
I'll. fact that dealers ana ""0s'i1n-
ers are so near in their ideas of
prices low condition of wool supplies
in the mills will result in transactions
Of Importance in the very near fu-
ture. Eumors of sacrifice sales have
been heard during the past week but
it is practically impossible to obtain
appended quotations. At this time,
there is usually q tendency to deprcss
prices unnecessarily, but the fact that
Boston values are below the basis of
All other MAJ kets in the world seems
to make farther concessions lnWise
FIR the Wucla now in Boston cannot
be replaced in any other market at
current values.
With increasing interest being mani
tested. more samples OF territory and
fleece woods are being taken, while
the attractive values obtaining on
these stocks divert attention in 1t great
degree from the large supplies OF for
eigh woods now available. Two Lead
houses are credited with the trans
fer Of an important aggregate Of Ohio
and Michigan flceces comprising quar-
ter-blood chiefly, as well as washed
and unwashed delaine; fine unwashed,
and ,hree-cights. This movement is
estimated all the way up to 1000
GEO pounds, but one of the w firms
involved has sold less than 100000
pounds Of all kinds of fleece woods.
In other quarters there is a fair de
mand for clothing territory wool rs
well as for some staple supplies, which
sums up quite substantially. Fine me
dunn New Mexico is selling moderately
as is eight months Northern Calilor-
mia. Pulled woods are comparatively
quiet al quotations.
In the foreign division. crossbreeds
4Os. dcs. and sos 10 Sos are moving in
a rather limited manner while Gas, t0s
ard SOS are also in request, but no
manufacturer is disposed to operate
s~uhslantilllN in the.e NnpplIes.