Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-07-17
TERRITORY WOODS
NOT GRADED IN
BOSTON
Statement of Member Of Lead
ing Firm Significant of De-
mand for Wool This Season
Review of the Week.

ana this week. IN the statement made
hy one uf the members uf leading
house that W Co the present time
they have uut graded a single pound
OF territory wool This condition of
affairs is uf course, not peculiar to|
this firm, but obtains with the trade
almost as whole To be- sure arrtV-
ais at territory woods have been de-
laycd very much more than usual
but this fact makes the business done
none the less remarkable. says the
Boston commercial Bulletin.
The volume Of business pat through
during the week has been not only
of good size. but also distributed
very generally \ large proportion
of the wool sold has naturally been
subject Co approval upon arrival, as
has been the case for some three or
four weeks past
London HIgher--Cabie adviccs ON
Thursday afternoon Indicate rise
ot a half-pcuny a pound since ;he
opening on woods suitable tor this
country e was generally believed
/ hat there would be an advance o.
at least Ave per cent. possibly ten.
ou the woods most desired fui the
uitcd states. bat as much as liitecn
Co twenty per cent advance has been
paid on some OF the very best lots
/ OF roriy-sixcs
THIS advance. together with The
! costs of the later woods In the west.
is having decidedly Strengthening
effect upon the market for domestic
woods n rs stated that IL Ia q prac.
/ tical impossihiiity to land good acc
/ New Zcalands today short of 90 cent?,
and while dealers say a would be
| difficult as yet to obtain that much
for what average woods of that grade
are lcft her" unsold u is unlikely that
much would now be- sold at that
| price, in view of the tendency higher
Labor difficulties Ia London have
| doubtless had an effect upon the
markets appreciation. since on ac-
| count of this fact the sale started
with only 10000 bales oatuiogucl
| Out of IN expected total Of 21s.O0U
! bales The same difficulties nave
! tied up IN London some direct Aus
! tralian shipments Via LondouJ for
this market. making the situation cX-
tr,mclv embarrassing.
Goods AdVancing--Priccs are un-
| dorstuod tu nave boom practically de-
/ ~ NNNINNfu IVY INlt llNNlNA INlINl Il'
/ mems wear on rs light weights tor
next spring and summer. although
up 60 this writing thcy had not been
made public. Considora bic conjecture
| has been had as to what advance
would bee named ana up TO within a
| few DAYS 10 had been expected that
/ IL would not be very marked A.
The present moment Il is thought that
]
view of the marked appreciation la
| woods, tops aud yarns
The mills are stiil we'll engaged
| tmauy running oycrtimcl on their
heavy weights and are siill rccciyins
| irCpvat orders n considerable volume
Tor SO late in the season. This APP
plies both Go mems wear and dress
goods. The wouion mills IN particular
are having difficulty in getting suf-
iicicnt help to get out their orders.
ia womun's wear Urdors are still
| coming foi ward on bruadcluths
Western buyers Rcturning--Soruo
eft the buyers are already back from
the Tar west and others viii soon bc
back outside of Montana, Wyoming
and New M,xico little wool is nov
lcr iu the territories. und lea these
IN Montana some of the poorer clips
are still lcft principally loo the north
"ru part OF tho state. while a mudrr-
ate quantity OF wool is stiil uusuld
in WNomns Prices appear to have
remained without material change. la
New Mexico the clip rs now bciug
taken up, clothing woods being taken
at around "A and ~ cents and the
few clips running 60 staple are com.
manding 10 aud Is cents
! There has hcen more or less pf a
cessation of hostilitics iu the fleece,
sections. prices having been boosted
on the wool remaining so high us
To- shut of operations pretty much.
PROSpEi - AND PRICES.
. without allowing Tor the differ
ouces iu skirIng. etc, Australian tG'
LAT l1i4d. Lundu.. show 20 clean land
ed cost OF fully o. cents. while ohio
quarter blood, which has sold Thu
week. al 30 cents. on an avcrag,
shrinkugc viii show clean cost oi
between o. aud 53 cents. CLEARLY
the tendency for the domestic WOO
must be higher, especially as the like
lhooG strongly iavors further adj
yances az London
} The position OF the market ON me
dunn woods b. perhaps wen illustrate,
by the situation az st. Louis, Wher'
} the market has boon kept wei
cleaned up thus far no accumulation
Of any size being allowed To collect
} Indeed. II b. said that one of th'
leading factors ln the trade has dur
ing the last two weeks or ~ takci
fully two million pounds out of tina
market
ohios--Dcmand for ohio Wools
both fine and medium. has been %
evidence again this week and SOM
falr-sized lines have been trans
forred although there have not beef
the large sales which occurred dur
Ing the two or three weeks proccding
a line of about 100. GOO pounds quar-
. Ter thrcc-eiRhts and half blood, prin
clpally OF the two lower grades. wa
sold at so cents, which h undoubtedi
, the minimum price on this grade 10
new business today
The FIRST sale of washed dclaine 81
, the new woods h. reported this Week
a substantial line being involved at %
: cents. other dealers are holding 10
, "a cent round more, Some uu