Daily Kennebec journal., 1911-01-25
BOSTON WOOL MARKET.

Ihefe is sun considerable hesitation
noted in the wool market, largely due to
the slow development of the market for
mems wear goods in New York. The bet
ter lines of worSteds are getting opened
slowly. and the sales thus far have been
moderate. SergeS are now being offered
freely and prices are 15c to &c. per yard
below last years opening. Evidently a
determined effort has been made to Sc
cure initial business on worsteds. as was
done on overcoatings. and low prices
We're therefore quoted.
Thus far the business secured has been
somewhat disappointing, but later there
may be a substantial Improvement. The
low prices prevailing for domestic wool
have helped the manufacturers to make
prices on their goods that ought To be
attractive, and indications now favor the
belief that lower prices are also to pre-
vail on all kinds of foreign wool as well.
1t is natural that the wool market
should continue to wait upon the goods
market, especially in view of the fact
larger proportion of wool than was the
case with those opened earlier. The wool
men say that it will be Feb / at least
before the market is generally open and
a fair idea can be formed of the wool re-
quircmentS of the mills.
Some of the mills have already covered
their probable needs to some extent. es-
peciaily on overcoatings, though there
the worsted mills have been buying sta
pie fleeces very freely. but there is still a
big vacuum to be filled, especially in view
of the shortage in this market in all
sampling has been done recently and
manufacturers will be in a position to
take advantage of favorable market con-
ditions as soon as they are assured a
satisfactory demand for their goods.
Values, in this market have been well
maintained. even in the face of the de-
cline in London, as 1t is fully recognized
that prices. especially of foreign wools.
I,o,, y yxtifh oil on
markets for a long time back The do
mestic situation is also considered strong,
though the recent market conditions have
been quiet
Eastern buyers are reported to have
been securing the West for desirable lots
Of fleeces, and considerab BILE wool is de-
ported to have been secured, both to go
direct to the mills, and for dealers ac-
count.
Wool values are well maintained in this
market. though there has been persis-
tent hammering on the part of the manu-
facturers and buyers. Both grease prices
same as those previously quoted:
Ohio and Pennsylvania-xX and above,
3lGs2c; fine unwashed. 22g2se; a;, fine I'm nn-
2s-blood. 2a63oc: 12-blood. 29a3oc: medium
27hc; fine washed delaine. 3ia35c.
.Miehigan-Fine unwasheds 2lM22c: 4
2sM29c: unwashed delaine o6G27c. :
Indiana. etc.-One- quarter blood, 26(S57c:
as-blood, 27Ialo9c; Missouri. h-blood eco
27c: Wisconsin, A-blood, 25I26c; ss-blood,
26d27c
California-Humboldt, a4ND25c; northern
choice, 22GD23c: average, 19M20c; middle
counties, 17M1Sc; southern. l6dl'c; ia'l
15IIl6c.
Oregon-Eastern staple, choice, 1sMsOc;
average. 17mI7iac; No. 2. 2la22c; clothing,
1Gdl7c; Valley No. !, 2lM22c; No. :, 2sn2ic'
No. g. l9N620c. hl-'''"' ~ j.
aTe&as-Twelve months. 2O691c; eight
months. 19ml9c; fall, l7M19c.
Territory-Idaho. fine. 16@17c; fine me-