Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1912-02-05
Boston w DOL Market.

Boston Wool Market.
Business is somewhat quieter in the
local wool market than il has been re-
Gently, but there is no material Iessening
OIL the movement of stock on sales con-
summated some weeks ago and there is
4 little doubt that current transactions
would be larger If the supplies Of the
WOODS most wanted were larger or deal
ers were more willing than they are TO
consider the offers made Ii is under
stood that negotiations are pending Tor
the transfer of lines of considerable size
one involving about 100000 pounds of
Montana clips; the sales are held up be-
cause the buyers are not ready tn pay
the prices asked and the holders Will not
accept the prices offered.
The market is quite firm and the trend
OF prices Is higher, and naturally so, too
since conditions in the business world
have not so much improved that dstribu-
tors OF any commodity can run up prices
arbitrarily As far as wool is concerned
the present trend of the market is direct
~ traeeable 10 supply and demand
stocks of all kinds of wool in dealers
hands on Jan. l We're approximately TO-
e00,O00 pounds; the receipts since have
amounted to 17,s60.445 pounds, while the
shipments have been 29,3Sl624 pounds
suggesting a net decrease In the supply
OF more than ll,500,0oo pounds. The guam
tity of unsold wool In dealers hands is
probably smaller even than is indicated
by these figures. since there Is little
doubt that much wool is now in the lofts
VI tile that Is owned bE the
manufacturers and is being made ready
for delivery.
Other reasons for the upward trend Of
prices are not lacking. Recent adVices
from New York not considerable i'm
provement in quiet way in the demand
and orders for heavyweight goods, sug-
costing further purchases of woel later
Then again, there has been no weaken
ing of foreign markets. and domestic
woods, which comprise the bulk of the
local supplies. are quite reasonable in
price compared with foreign clips. And
the outlook for a settlement of the labor
troubles in Lawrence appears brighter
now than it has at any time since the
strike started
Trading between dealers and manu-
facturers has been of rather modest pro-
portions, but there has been no let-up In
the speculation in secured woods, between
dealers indeed, the latter operations have
been the feature of the recent dealings.
Fleece woods do not figure extensively
in the current business. because they
are no longer plentiful either here or in
the country.
Nothing worthy of note has been done
in California clips, and Texas woods have
not figured much in the recent business.
Foreign markets are all holding firm and
in South America, with the settlement
of~+he railroad strike, holders of wool are
disposed to ask higher prices.
The leading grades of wool are quoted
in Boston as follows:
Ohio and Pennsylvania-XX and above
ZsNIZJc, llIe uIWaSHeu ZitallzEc, u1lWdSIl6u
half-blood 27n27Ac. clothing 23a24c, three
eighths blood combng 26k@27Ac clothing
23G24c, quarter-blood combing 2Im272c,
fine washed delane Bic unwashed 25e
Michigan and New York-Fine unwash-
ed 20a2le, unwashed half blood combing
26@26ic. clothing 22n23c. three-eighths
blood combng 25ln26e clothing 22m23c,
quarter-blood 2514261c, unwashed delaine
kentucky, Indiana and Missourl-Irn-
washed three elghths blood combing 26Gl
an
TeXas-Twelves months choice 20Gt21c,
fall l6M17c
Californa-Humboldt and Mendocino IS
ul9ctl6c fine medium f7m1Sc. medium 2lGp
22c, Middle county 164l7c, Southern 1i@
i5c, Fall 1i@15c.
Oregon-Fastern staple, choice 1Sd19c
nYerage sale, valley No. ! 2ll22c No.
.tiait No. 226123c
r.li tory-Idaho, line l7G1Sc, heavy fine
l5@l5e. fine medium 17nlSc medium 2iGp
PC, low medium 2lIt22c: Wyoming, fine
l7@lSc, heavy fine 15a16c. fine medium 17GD
lse, medium 2la22e, low medium 21422c:
Utah and Nevada. fine 17MlSc, heavy fine
l5al6c, line medium 7@lSc medium 201
PIC, low medium 20u21c; Dakota, fine 1870
1870, medium 22023c, low medium Place.
Montana-Fine choice iSa19c. average
1l@lSc, fine medium choice 1SM19c. aver
age i@lSc, fine staple 21Gi22Ac, medium
choice 22m23c, average 2l422c, low me-
dunn 22M23c.
Colorado, New Mexico. etc.-Colorado.
fine 16dlsc. fine medium 1SGl9c. medium
20a21c; New Mexico. improved l6G1lSc;
Arizona. heavy 16dl1e average l9020c
choice 21d22c; Georgia 2l@22c
Pulled wool, secured basis--FXtra $50
SIC. fine A 52d54c a super 50G52c. SUI
per 46@50c. low B super 3SGt40c G super
35@39c, gray woods 32a35c combing, fine
52055c, medium 4Sd50c coarse 42645c.
Foreien-Australian SOS combing AIDE
laide 39a39c, CAS- combing Victoria 39@4ac,
64s Victoria super warp 4lQ42c, CTS TO 70s
Geelong 42443c. Victoria 70s clothing
421aQ4Sc. Sydney EOS to SOS clothing 420
43c, half-blood 3S039e three eighths blood
376I3Sc, auarter-blood 36a37c, low quarter
blood 356f36c. 3G's to 40 $ 316133c, Monte
Video cross breeds fine 35Ga37c low 32d34c
Buenos Ayres Lincoln 30a3lc, quarter
blood 32gt33c, high quarter blood 33G34c
Following are the receipts and ship
ments Of wool for the week ended Feb
], with comparisons figures In pounds
RECEIPTS