Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-08-09
BITTER FEELING IN
WOOL MARKET IN
The EAST
Moderately Fair Orders on
Staple WorstedS and WooIens
Being Placed With Boston
Firms Prospects Bright for
Better Prices,

Especial Correspondence 10 Morning Journail
Boston, Mass, Aug. S.-The recent
opening Of new lightweight goods for
the spring OF 1911, by leading factors
! has resulted in the placing of moder-
ately fair orders on staple worsteds
and a limited volume OF business in
Woolens. says the Boston Commercial
Bulletin of this week. with the re-
ceipt Oh good orders by manufacture
crs the natural conclusion of in
creased wool buying follows. New
England mills are well represented
here while the Middle West Is also in
evidence, AS q result OF the initial
goods orders placed late last week
there is undoubtedly & better feeling
In the wool market. hut according 10
report. the interest Cf goods buyers
is not being sustained.
IN other words there is more or
less hesitation among the clothers I'm
spite of the fact that prices on the
new lightweight goods are from 10 TO
% per cent lower than those named
a year ago. Goods values are prac-
tically reduced us much as wool
prices have been marked down, but
the tendency is now upward rather
than toward a lower basis. II Is arr
sued that conditions both abroad and
III NNi N'fN'Ah HAFh MS county WIN
soon cause higher values in Boston.
Foreign, as well as domestic stock.
has been practically going begging in
Boston for weeks at figures below
those realized in other centres. and
II IS contended that q difference Of
several cents "a secured pound be-
tween prices here, and those in other
maj ets, viii be euualized before
long. II raw material is to show a
higher tendency the cost of goods
may be advanced also.
with supplies Of the old clip at n
Low point, and new clip purchaseablc
only at higher prices, dealers are be-
coming lirmer ia regard to the value
of remaining stocks. II is claimed
that prices are therefore from 8 to
per cent dearcr than 10 days ngof
The feature of the weeks business
is the sale OF approximately 1000
of cross-bIed New Zealand and
Australian. one prominent New
England manufacturer is credited
the purchase Of the greater part.
although another and more impor-
consumer has also operated.
a well known dealer has bought
fair quantity OF c~Tossbrcds. Thc
'rosbreds involved range In grade
3Gs 90 46s. while the mcrinos
sold we're Gas. some Argentine
straight quarter and Lincoln were
sold ion addition TO the above. The
purchase Of the above mentioned for
ign WOO estimated at at least 1000
iales, was without question the out
.omc of advancing prices in England
brisbane. Australia. The receipt
Il some good orders naturally slim 4
lated buyers TO lay in additional sup Z
lilies particularly when they are oh ,
ut several cents less than A.,
figures 4
Il Is estimated conscrv atively that +
ully 1000. 600 pounds of fleece woods n
we're sold IN Boston this week. the Sd
ranHections Including guarter-hlood. s
hr~ee-eighths. and h%alf-hlood. as well
s. nNashed delaine. In an In Il
prices obtained are virtually ID
ne cent above thofe of a. week ago "a
Fine snd fine medium territory ID
.ooi is having a moderate call az &,
.rm prices. but as staple wool 81 not E.
hfainahle prices on the batter are r,
nly nominal Little Of the latter will a
o available until next month. when 81,
be- Montana clip comes forward Dol T.
and Is graded Texas and ~
aHfofnia Nnois are attracting very o.
ttel attention. and only "a very mol
STE pusinefs D. being dons in a and tl
lambs.