Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1912-07-13
LARGE STOCK OF SUPPLIES
Boston Wool Market.
MAINE.


Activity and strength still characterize
me local wool market The new domes-
TIC clips are now coming forward freely
ana ana mere Is selection such as the mar
ket mas not presented before in several
| months. Buyers are not only taking
these woods almost as soon as they ar
rive, but also eVinee much interest in
imported WOODS, of which there also has
been good-sized movement
Further advances have occurred In
prices, but, contrary to the usual rule
the higher figures have sharpened rather
than dulled the interest of the buyers
IL Is evident that the manufacturers are
SATISFIED that prices are not going to be
lower, and for that reason are inclined To
anticipate their needs. The lightweight
goods season is hardly opened yet and
the manufacturers cannot have very
definite ideas of their needs of wool;
their purchases, therefore, must be as
cribed to fears of still higher prices
| statistical position. This years domes-
| tic clip. as a whole. is at least 10 per
cent, or about 3000O.00o pounds, short of
that of last year and. on account of the
activity of the European manufacturers
| 1t Is not going to be easy to make good
that deficiency with foreign woods except
| at high prices. Foreign crossbreds are
| selling at the London wool auctions now
| in progress, above the level of domestic
tieeces of similar type; il was not SO
! cheaper of the two kinds
| The position of fleece woods is espec-
tally strong and IL will be surprising IL
| they do not work materially higher in
price before the Summer progresses
much further In Ohio alone there is
| shortage in this years clip compared
with that of last year of from % to Ssls
per cent. and. although last years clip
was the largest ever raised in that State
and there We're marketed last year some
i, 1900 600 or 100000 pounds of wool carried
| over from the previous season, the to-
| tai supply was insufficient for needs.
What is true of Ohio is true of other
| fleece wool States since conditions were
| similar all over this region. 1t therefore.
| looks like scarcity Of and high prices
| for these woods. e. A
Receipts from Jan. / to July II were
/ 167, 769 56i pounds while the shipments In
the same period We're 14s,660.s73 pounds,
| suggesting that the local stock has in
I creased less than 20,000OO0 pounds. In
| the same period last year the total re-
| ceipts exceeded the shipments by more
| A good deal of optimism is current In
| the wool trade. The feeling is strong
that there will be no tariff legislation at
the present session of Congress and with
| that obstacle out of the way. everybody
| looks to see continuation of the pres
ders for heavyweight cloths are still
\ coming in and the lightweight season Is
| looked forward to with much confidence.
| though material advances must be OBJ
/ tanned over the prices of year AGO to
make good the advances in raw material
| and the increases in labor costs.
| The new woods seemed pretty high at
/ the time they were bought, but they do
i not seem high now, with the manufac-
turers taking hold freely at practically
| sellers valuations The season in the
primary markets is pretty we'll over and
| most of the buyers who We're In the West
are back. 1t is doubtful If the country
now. and a fact that adds strength to
/ the market is that comparatively little
woods will come here on consignment
/ this year
The movement of wool has not only
1 been active but quite broad. The me-
| dunn grades of fieeces are still most
4 sl.,& IL 80 ~ - a A1
of Xxx woods, of fine unwashed clips and
of delaines, both washed and unwashed,
/ in considerable quantities, suggest the
The movement Of territory woods.
| which has been very large. has been
chiefly in original bags. though graded
have sold at 20d2iihcS in the grease or
| 56157c secured. Idahos at 2id22c. IL, the
grease or 5ssl6oc clean Tor the mea M,
/ mings at 23m24c. for medium and 1sd20c.
/ for clothing woods and Nevadas at ice
for woods running Well TO medium safes
ported at 22c.
The leading grades of wool are quoted
| Ohio and Pennsylvania-Xx and above
| slG32c fine unwashed 23G24c, half blood
| combing 29M30c, clothing 8G27c, three
! eighths blood combing 29@30c. clothing
27a2Sc, quarter blood combing 2s6Soc fine
delaine washed 34c, unwashed 2Sc.
| Michigan and New Yorkshire unwash-
| ed 22M23c, half-blood comblng 2Sn29c.
| clothing 25GD26c, three-eighths blood
i combing 2Sea29c, clothing 25@2fc, quarter
| blood 2S6I29c, unwashed delaine &c.
| Kentucky, Indiana and Missouri--Three-
eighths blood combing 2SM29c, quarter
blood eombing 2S6D29c, baby combings &c.
| Texas-Twelve months, choice 23@24c.
average 19@21c, eight months 19q21c, Fall
17Q1Sc.
| California-Humboldt and Mendocino
2Nd2lc Northern, choice 176llSc, average
| 16G17c middle county l6ql7c. Southern
l 140Dl5c, Fall 14@15c
| Oregon-Eastern staple. choice 20q2lc,
| average 19120c, clothing 1SM19c. valley,
1 No | 25m26c, No. g. 25Gl26c, No 3. 23m24c
| Territory-Idaho. fine 17MlSc, heavy nne
15nl6c, fine medium lS0Il9c. medium Azp
/ 23c low medium 23m24c; Wyoming, fine
| 17M1Sc, heavy fine 15Q16c, fine medium Is
| dIl9c, medium 22l24c, low medium 2342ic
Utah and Nevada, fine ls@lsc, heavy me me
| 16m17c fine medium lSWl9c, medium 40
i DE low medium 236p24c. Dakota, fine 1870
| zoe, fine medium 2042lc, medium 2Q23c,
| low medium 23M24c.
| Montana-Fine, choice 2002ic, average
| $4,000, fine medium. choice 20G21c, aver
| age 10000 fine staple 23l24c, medium,
| choice 24n25c, average 22N23c, low me-
| dunn 23Cd24c.
Colorado, New Mexico, Etc.-Colorado,
| fine l6@1Sc fine medium 1S@19c, medium
| 2Od2lc; New Mexico, improved 16GlSc;
Arizona heavy 16417c, average 1920,
| choice 2lM22c; Georgia 23Q24c.
/ Pulled Wool Secured Basis--Extra $50
e0c, fine A 55Q57c. super 53655c, SUI
per 5O652c lower B super 40Q42c, G super
3s654Oc gray woods 35637c. comhing fine