Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1912-06-17
Boston Wool Market.

Business in wool has dropped to pretty
small proportions in the local market.
but in the primary centers the scramble
for the new clips by Eastern buyers is
as excited as ever and prices have fur
Their advanced The highest level of the
seasor now rules all over the West and
now that the growers have become edu-
Gated To high prices it is going to be
hard work to prevent further advances
Unless there is a sharp advance here,
dealers will have some trouble in turn
ing over their recent purchases at pro-
fit; present prices In the West are IN
many instances above parity with local
prices.
Prices here are beginning to reflect the
strength in the primary markets, but
buyers are responding very poorly.
Manufacturers are pretty eager TO Keep
down their prices on goods, as the pres
cnt full employment of the mills is que
to low prices and small profits on the
manufactured article.
Some interest Is still shown locally III
foreign woods. more especially the cross
breds, but the recent purchases OF these
woods have materially reduced the avail
able supply and holders, on account OF
the strength of domestic teeces, are IN
clned to sock a little more money.
These developments have tended TO Keep
down the purchases. New Titan. Ne
vada and Arizona woods, which are now
coming along steadily, find fairly good
sale in original bags. 1t is noted that
buyers. in taking the new Clips, are
showing an inclination to pass over the
purely clothing clips in favor oil those
showing some staple
Montana is still the active spot in the
Ear West ii is reported that in the past
week, buyers have almost dupiicate9
their purchases of the previous Week anu
that AT least half of the woods OF the
State are out of first hands.
oregon woods also have been moving
freely and at hardening prices. oregon
woods are said to he exceptionally gooo
this year: they are lighter than they
have been before in several years, ana
are also longer stapled. Activity Is not
ed in the Soda Springs district OF idaho.
Wyoming reports continued activity III
1t is said that the prices being paid
for the new woods in this state are So
satisfactory to the growers that very
much less stock viii be marketed
through the warehouse scheme or come
East on consignment this year than last.
The season has opened in Texas
fleece woods sections as they are further
West but Boston houses are not re,
sponsible, as prices are way above Wna'
they are willing To pay.
Michigan woods also are at prices tha'
keep Boston buyers away.
The leading grades of wool are quoted
In Boston as follows:
Ohio and Pennsylvanla-NA ana apoVs
PC, fine unwashed 201n2fc, unwasheo
blood combing 26l126sc, clothing , 81
2fc, tbree-eighths blood complns ze15 &C.,
clothing &c quarter blood combing ma
27c. fine unwashed delaine 3o4Slc. I'M
washed 25c. .,,
Michigan and New YORK; me INV 49,
ed 191Il9lc, unwashed half-blood conap. .h
25n2Ge, clothing 22Gg23c, tnree-eanssslgl a5
blood combing 250126c, clothing 5s,,i,
quarter-blood 25Gf26c. unwashed deialiie
23ft235c ,,x; ~.
Kentucky, Indiana and MissouIi- 3el,
washed three-eighths blood COMBINE @o1
&c, quarter blood 26lt27c. ,o6.aoo
Texas-Twelye months, choice 81 81
average lslt19c, eight months l'niec, la
164tt7e. ,,aa;,x
California Humboldt and Menaocln y.
ign20c northern. choice lImlec' avttas,
| lgTflfc middle country lbHlc, sou''e
! Halle, fall l4l115c. - ,oo,,oc
oregon Eastern staple, choice ls@ Spo
average solo, valley No. zi4-@e' ~
| z 2f6t25c. No. 3 23M2fc.
Territory Idaho, fine 17MlSc, he si 1 atm
| lsgIl9e fine medium 17Mlsc, meuluian a., enI "
| ne. low medium 23M24c; Wyoming, me 5en Z
Gifc heavy fine i44l15c. fine meoiuntnsll ,5 1u
| ne, medium 191l20c. low medium 1u9 an.
! Utah and Nevada, fine. l6alSc' neass ''i'