Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1912-01-20
Boston Wool M arket.

Business in wool in the local market
has further contracted during the past
week, but that condition in no way re-
fleets a lack of interest on the part OF
the manufacturers. Inquiries, espec-
tally from the smaller concerns, have
been quite numerous and in a number of
cases sales have failed to go through be
cause the holders thought their wool
worth a little more than was offered
The smaller mills have bought CON
siderable quantity of wool in small lots
while the larger concerns have been
pretty urgent about having the wool
they bought a few weeks ago delivered
on a large scale. The shipments for the
week ended yesterday were 566 S6S
pounds. which brings the total from Jan
/ to fs,9e5.994 pounds; If such a pace is
maintained 10 the end of the month the
record OF March. 1907, when more than
SURPASSED Shipments so far this year
exceed those of the corresponding period
last year by more than 100000 pounds
and exceed the total receipts so far this
year by almost as great an amount, IN
the same period last year the shipments
and receipts We're very nearly equal 1t
will be seen from these figures that con-
slant inroads are being made in the
supply.
tie slow in developing and that TACT and
the labor troubles at Lawrence ui@ht be
cited rs reasons why new business has
not been larger. There is reason TO ue-
lieve that the labor dispute at Lawrence
will not he protracted. while the lack of
activity in the goods market might be as
cribed to the fact that not all of the
lines are open Yet and il rarely hap
pens that business is really good until
all of the manufacturers are on the mar
ket 4 is reasonable to suppose. there
again soon and therein is q reason WHY
the dealers are not so anxious for busi-
ness that they will entertain bids below
the prices they seek.
Few large individual transactions are
passing. but to make up total OF 5000, :
ooo pounds, which Is good estimate OF
must have heen pretty numerous. \ good
inquiry is still noted for the lower types
of woods and. as fleece woods of that
type have grown pretty scarce, territory
eips have benefited.
Considerable quantities of three-eiehths
owners. The finer feeces have done
nothing probably because there are 50
few available. Low territories have been
active and good sized sales of Soda
Springs quarter bloods Montana three
eighths bloods and Wyoming half and
three-eighths blood clips have been made
Pulled woods Of the lower grades also
have attracted BUYERS and really good
sales of stock grading Z super and be
low have been made. Higher prices rule
for these woods as a result of the re-
cent business.
California woods are as dull as ever
but steady- movement of Texas woods
is noted. which, it might be added, would
be much larger If holders were in the
least inclined to meet buyers on prices
Considerable interest is noted in the
new South American woods, and some
big sales are likely as soon as the seiec-
ton is better, since there are so few me-
dunn feeces which compete with the
South Americans
Illustrative of the scarcity of medium
feeces was an inquiry recently from ST
Louis for some uuarter-blood woods;
usually ST. Louis has wool to sell, but
rarely is a huver here. And the activ-
ity of American buyers in the New Yea
land markets also suggests how short the
country is of medium woods.