Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1911-03-14
Boston Wool Market.

ne failure of congress TO enact the re-
ciprocity treaty with Canada and the call
of the President for special session Of
that body have brought business in the
local wool market to a condition of dull
ness Nersing on stagnation. But as far
as can be learned, the DEVELOPMENTS in
Washington have led To no extensive
cancellations Of orders for WOODEN goods
nor Is there any decentralization in the
WOOL market as it was feared there
might be III view of the fact that the
special session OF congress may not only
result i'll the passage of the reciprocity
treaty, but also in 4 reopcnins Of the en-
tire tarim question.
The truth of the matter Is that every
body connected with the Wool and WOODEN
business views the political situation with
surprising caimness and everywhere
there ts diSpoSition.to await further
developments before radical action is ia
ken There is little doubt that had the
last congress enacted til" treaty with
Canada business would have improved
session would thus be obviatcd ard the
trade could rest assured that there would
DC no immediate tariff changes and it is
d fear Of tariff changes that has held the
wool and wooden industry in check.
he tariff DOGGY once more looms big
through the action or rather the lack If
action. ON the part of congress and it
cannot be denied that Il good deal of 1iu-
certainty exists. But while it must be
admitted that the market leans very
much IN buyers favor. it is doubtful if
the pressure to sell wool is any more ur-
gent than II has been for several weeks
past. Holders of wool see no good reason
for sacrificing their stocks despite the UNI
faVorabl" turn OF events in Washington.
1t Is pointed out that prices here are very
nearly a an export level and with the
mil abroad busy and unable to ~et all
lie wool they need except at high prices.
lie possibility of exports of domestic
woods is not remote.
The business of the past week has been
II cSremev small proportions. as the
manufacturers are ioath TO take on addi-
tonai supplies until conditions clear
somewhat.
In tie matter of receipts and ship
mcnts IF wool. this market is doing
rather better than it dIu last year. Re
c"ipts 50 far this year are about 800, :
0nD pounds less than in the same period
last year, while the shipments i'll the
Same period have exceeded last years
record more than 100000 pounds. Ship
ments 50 far this season exceed the re-
ctipts by more than 100000 pounds, while
in the same period last year the ship
ments wcr" more than 5000, wv, poundS be-
hind the receipts. 1t would seem from
these figures that the total supplies Wer"
getting smaller instead of larger, as they
usually do at this season.
The leading grades of wool are quoted
in Boston as follows:
Ohio and nsylvania--XA and above
3l@32c, fine unwashed ga &c, fine unmer,
charitable 2iM25c. unwashed half-blood
combing 2S1s129c, clothing 2iGt24c. three
elSHInS DlOOu ctlilDHlS -sn-oEc, ClolHIiS,
24G125C. quartcr-biood combing 21M2IHc,
fine washed delaine 34c. unwashed &c.
Michigan and New York-Fine un..
washed 2lQ22c, unwashed half-blood
combing 2Sdi2S12c. clothing 24M25c. three
o''~"ths blood combiug 27lfM2Sc, clothing
2I@25c, quarter-blood combing 26M26lsc,
ciothing 23@24c, mwashed deiaine 26ap
261ac.
Kentucky. Indiana and Missouri-Un
washed quarter blood combing 260t26L@c,
three-eighths blood combing, 261a0ts7c.
TeNas-Twclve months 20n2lc, eight
months 171znlSc. fall i6Hml!hc:
Observation-Disclosures and Mendocino
23m24c, choice northern 2l422c, average
northern 1sMl9c, middle counties 17@lsc,
southern 16@17c. fall 15Ml6c.
Oregon Eastern staple. No. /. 1s@2Oc.
No > 1Sm2Oc, clothing 16@17c. valley No.
2la22c. No. . 23a24c. No. 3 19M20c.
Territory-Idaho fine 1lMlsc. heavy fine
1e@17c, fine medium 1S419c. medium 22a1
o3c, low medium 22923c: Wyoming. fine
i7a1sc, heavy fine 1S@l7c, fine medium
1sa19c. medium 22423c low medium 22do
23c; Utah and Nevada, fine l7GplSc, heavy
fine 16417c. fine medium 1SQlSc. medium
22@23c, low medium 22@2Sc; Dakota, fine
S0Q2ls. medium ssg2sc, low medium iI 22@
Montana-Choice fine 1Si4019c, average