Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1911-09-30
Boston Wool Market.

The local wool market stiil shows a
fair degree of life, though il Is the mum
Der rather than the size of the individual
sales that makes up the business. OceH-
sienal transfers Of lots Of 800 pounds
and in "A few cases individual buyers have
taken as much as 10000 pounds Of one
line from one house. bat the bulk of the
besiness has been In lots of 1900 to 90
GO pounds There are enough OF these
Emall-lot sales. however to provide most
houses with some business and the trad
ing has covered 6 wide variety OF stuff.
Prices do not change much. but IL there
Is any definite trend II Is in buyers ia
b0f. IL must not he assumed from this
statement that dealers are running after
BUYERS. because such Is not the case, and
many houses are known TO have refused
business nj l3c. below the prices they
orai concerns are disappointed that they
have not had larger business and are
ready to sell at lower prices than they
asked two or three weeks ago.
In fact. as far as actual business is
concerned. prices are no higher now, save
for medium fieeces. than they were Just
prior to the adjournment Of Congress and
the passing OF the tariff as 4 factor In the
situation. Medium fieeeek, especially
lf-bioods and qaarter-blo9ds and be-
low, have had good sale this season
and today are very well sold up and in Il
strong position. But there IS plenty of
everything else. and this fact is becom-
ing patent 10 many who have tried TO OBJ
tain higher prices for their woods.
mere Is not uluGn reason. however 10
expect any materially lower prices tnan
rule today. Current prices represent so
little profit to the dealers that they are
likely TO hold longer than they ordi-
tie gain they obtain. Another bullish
factor is the high level of foreign, as
compared with domestic markets; this
situation will undoubtedly restrict impor-
tations and domestic offerings therefore
viii have less competition
And, II might be added, the mills of
the country would not have to run more
than 60 per cent capacity to absorb all
the domestic woods that are available
The reports are that much more than
that percentage of New England mill ma
ehinery IS now In use. and reports from
the goods market are fairly favorable.
considerable improvement being noted In
the women's wear department. 1t Is said
that the recent activity in three-eignths
blood woods was due In part 10 the larger
orders for women'S wear goods
Fleece woods had n fairly good week.
with the medium grades again in best de-
mand.
Considerably less territory wool has
been sold this past week than the week
before: still trading has been fairly ex-
tensive.
California woods have continued mac
tive, but Texas clips have done fairly
we'll.
The leading grades of wool are quoted
In Boston as follows:
Ohio and Pennsyivania-XX and above
sitZbr, me QilNtSHtO StWEtb.t. Htt uil-
merehantable 23924c, unwashed half
blood conlbng 26m2Ic, clothing 22m23c,
three-eighths blood comhing. 31I26e,
clothing 23I24c. quarter-blood combins
24196l25c, fine washed delaine 30a3lc, un-
washed Csc
Michigan and New York-Fine un-
washed 20G20lkc, unwashed half-blood,
combing 25Gf26c. clothing gage, three
eighths blood, comblng 2l14n25c. clothing
92423c, auarter-bood 231@Ma4c, mwashed
delaine 23d24c.
Kentucky. Indiana and MIssouri--Un-
washed three-eighths blood. combing Az
G25c, quarter-blood 2S12df24c.
Texas-Twelve months. choice 1Snl9c.
average 16@i7c, eight months iTdlsc. fall
l5dl6c.
Observation-Disclosures and AIendocino
17@1sc, middle county 119lSe. southern
l6di7c, fall i5Gl6c.
Oregon Eastern staple, choice lS919c.
average 16417c, valley No. l 2lG22c, No.
22G23c, No. 3 $4,000.
Territory Idaho. fine 1sa19c heavy fine
16417c, fine medium 1S@l9c, menIum 20
23c, low medium, 2ld22c; Wyoming, line
1sdl9c, heavy fine. l6Ql7c, fine. medium II
Utah and Nevada. fine lSalsc. heavy fine
l6Ql7c, fine medium 1SQl9c. medium 2lGl
nc, low medium 20@2lc; Dakota, line isW
l9c medium 22423c, low medium 2lg22c.
Montana--Eine choice 1S6ll9c. average
11nlSc, line medium choice lS@i9c, aver
age l7G71Sc,: fine staple 21M22c, medium
choice 23@24c. average 2la22c. low me-
dunn 22G23e.
Colorado. New Mexico. ete.-colorado
fine 169lSc. fine medium 1sGl9c. medium
20M2lc; New Mexico improved l64lsc;
a rizoI,a heavy 16Gl1c, average l902pc.
choice 21Ei22c: Georgia 2eGsSe. -
Pulled wool, secured basls.EXtra asM
r5c fine A 47M50c. \ super 45q46c b super
42@44c, low Il super 3s4ioc. & super %'m
SIC, gray woods 326l35c: combing fine ~
a55e medium 4sd50c, coarse 42@ibc