Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1912-08-24
Boston Wool Market.

The wool market is decidedly stronger
this week. several grades having shown
a marked Improvement. During the
past week what is undoubtedly the larg-
est business since the opening of the
new-clip season has been done ;by the
local houses. conservative estimate
would place the amount of sales3at well
over 100000 pounds. while sonae deal
ers even figure ii a, couple of snillons
higher than this.
Purchasers of wool are much more
ready and in fact more eager. Ito take
wool now than they were a week ago.
but they have had to refuse many offers
because of the uniformly higlG prices
which are asked. They can get mo con-
cessions from the sellers, because, the
latter realizing that they nowf control
the market, hold fast to their high fig
modest requests of the buyers. 1t il
said that more offers have been refused
during the past week or ten days than
at any time this year-and this I'm spite
of the enormous sales which have been
reported.
There are two reasons for the strength
OF the market at this time. One is the
fact that the dealers now have nothing
TO fear from the tariff question until
the next sitting of Congress Since the
La Toilette bill has been vetoed and the
President upheld. there is no cause for
fear or uncertainty.
Further than this there is the in
creased demand for wooden goods by the
retail firms and taiiors. who up to now
have carried small stocks. but now are
forced to buy up for the Fall and " in
ter. The manufacturers know that they
can dispose of everything on their hands
and so business is proceeding normally
Montana woods were disposed of free
Iy during the week. Sales amounted TO
as much as 100000 or 5000 600 pounds
among the sales, and territory and
graded woods moved freely.
The securing price seems to be tend
ing slightly upward. although very few
differences are to he noted yet. Secured
territories are rather scarce and fairly
high.
In Boston as follows:
Ohio and PennsyIvania--Xx and above
3lmS2e. fine unwashed Ac. half-blood
eighths blood combing 29n30c. clothing
27M2Sc. quarter blood combing 29d30c
fine delaine washed 3ia35c. unwashed
2Sn29c.
Michigan and New York-F'lne I'M
washed 22G23c, half blood combing 28Go
29c, clothing 25026c. three-eighths blood
combng 2s@29c, clothing 26a27c. quarter
blood 2Sn29c. unwashed delaine &c
Kentucky. Indiana and Missouri-Three-
eighths blood combing 2Sfa2ec, quarter
blood combing 2sd29c, baby .combings &c.
Texas--Twelve months. choice 22d23c.
average I9Q20c, eight months 19n21c, Fall
16M17c. nst
Observation-Disclosures and Mendocino
20Gf2lc, Northern, choice 176f1Sc, average
16m17c, middle country 16di7c, Southern
1im15c. Fall Halle.
Disqualification staple, choice 2ln22c
average 1sa2oe, clothing. 1Sglsc, valley
No / 25n26c. No. 2 25Gt26c. No. 23@24c
Territory-Idaho, fine 2l022c, heavy
fine 17@1sc, fine medium 2ld22c, medium
2sM24c, low medium 236I2ic: Wyoming.
fine 1y@2oc. heavy fine l6m17c fine me-
dunn 10000. medium 2sdi24c. low medium
23m24c; Utah and Nevada, fine lSM2oc.
heavy fine 16Gt17c, fine medium 1S120c.
medium 21M23c, low medium 23M24c: Da-
kota, fine 19M20c, fine medium 20a21c.
medium 22G2Sc, low medium 23@24c.
Montana-Fine, choice 20m21c. average
10000, fine medium. choice 20di21c, aver
age 19M20c. fine staple 23m24c. medium.
choice 24m25c, average 22d23c, low me-
dunn. 23d12fc.
Colorado, New Mexico. Etc.-Colorado.
fine 20n21c fine medium 2lGe22c. medium
22@23c; New Mexico, improved 16@1sc:
Arizona. heavy 16Ml7c, average 10000,
choice 21622c: Georgia 26@27c.
Pulled Wool, Secured Basis--Extra S.
@60c, fine a 55m57c, A super 5Sd55c.
super 50M52c, lower r super 4564Sc. G
super 40d42c, gray woods. 36asSc. combing
fine 52@55c, medium 4S@50c, coarse 42145c.