Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1911-05-16
BOSTON DEALERS GO
SLOW ON WOOL
Prices for New Sprng Clip in
West Are Five Per Cent
Above What is Now Asked
for Old Stock in the East.

BOSTON, NAV ~ iiostun wool deal.
srs arr inclined ~ "a whole to "a a.
tIitlo slow ~ taking up The now
wool CLIP. now id process at BENG
shoin w thc west individual nous =
iu Boston. Philadelphia ana - J,ou,s.
nave taken on considerable amounts
tn, buying Is ior III, most part hs
The more speculative element rathr'
than by the nosl conservative houses.
Shcaring h not vet IN lul swim
bui 10 date sono 25.u0o. 900 40 10000.
900 pounds. oI 10 .ipr cent of The tOttt
Gun. has boon taken oui at H. haud
oi he shect.gtower This IL not pr
nom the amount normal, purchased
up To this time In the season o.
course. II III me- way compare Win
TWO wears Hgo. waen some 80. nnO ~"
POUNDS CO.. - per cent ot iu, loial clin
was contracted ior previous 10 Apll
]. hut thai was on rising wool ana
net
The growing d,sirc of dealers l
/ participate az present 81. reflected Ia
] the tact that within Tho past ten
daNs SON, in"". 1uN 20 10000 hon
pounds have 1,cn contracted fot oa
thu Sleeps back Previous To jhaf
timo sJmo l.nnp 0pU pounds purchas "a
by 81 Louis house was about all
that had been su purchased
Within the next fortnight or three
weeks. shvainr win become general
aiiovcI ~, western shccp-raising
states. and sheep win shed th,i,
ilscccs an the rdtr OF i.uoOo oo pound
Ia 5000 UUO pounds daily Tor the tel
lowing ~ a.; 80 DAYS
As compared with prices ruling II
eastern markets The cost of new WOO
Ia tn west looks liillc high. aad Il
j. tor hat reason ihal dealers az,
cautions New woods are hiingini
~ - 90 ~ ~ cents. which viii
freight and interest added II fully
. per cent highci than wCols are siliiu
In Boston TODAY This ~ the sam
, iine reflects certain und,rlNin.
note 90 confidence 10 wool These Gu0
tatiors are 10 90 O." pc. cent lowe
than woods We're quoted in the west
crn districts wear ago
The commission merchants seem %
be Worrying very iitllv Owe the ,nril
: pt osran, except that the uncertain
~ which 10 creates ia the aannlactui
ing world IL somewhat disCpncvriins
The market seems 10 have discounts
all pOssibl, tarin reductions II
= selling on close 10 u free wool basi.
II Is believed thai the small margi
| which nov exists between IN, sollin
piicc oi wool here anu abroad woul
De cNonod up 10y IN advance III price
= abroad TO our level rather man lag
hr'her decrcasc "a prices hCrc wcI
the duty removed Tho prize of wo'
today IN Boston is probahl, irnctiol
ally below the cusi of production
While, OF course. II ma, be- argue
thar prices could not stay below co
~ production toT any considcrabl
time II might remain 50 ton twu
. Tire" wears Fro n lSgi 40 iN9
when under the Wilson taTin ", ha
free wool, prices dropped To belo
cost OF production oi wool and flocl
Were shipped To market l.ui she.
laising l. vastly different rom Ia
tory which ma, be- shu' Co., nt u an
mcnl notice, when Il ceases 10 !
! pToiiiublo, ami may bee opened wh,
u becomes prohtabc. u ,al,cs TN
Ton llOcks 90 Dee liuuidafcd An, pe
nanen' tarn change, which will core
wool prices below cost OF piuductio
Is bound 80 De somcWha slow
making its wossi effects hnown In II
wuol.rGisiG- districts and he rccn
cry thcrcirom will be- co.'s "spondis
dow