Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1912-01-27
Boston Wool Market.

A fairly good business is still in pro-
gress In the local wool market. and as
Il result of the constant inroads made
on the supply prices are steadily grow
ing firmer; indeed, the market is better
described as strong for the coarsef
grades the demand for which is as III
gent as ever, while offerings are VERY
limited. As has been the case during the
past few weeks. the demand is stiil best
from the smaller manufacturers but
there is no lack Of interest in the market
on the part of the larger concerns and
their future TO make purchases of any
size is easily explained
In the first place, most of the larger
concerns contracted for large quantities
of wool in December and are now pretty
well supplied. Then again. the heavy
weight goods season is a little slow IN
developing and so far not enough bust
ness has come forward to give the man
ufacturers much idea Of their probable
future wants. Moreover, two or three Ut
the largest WOODEN concerns i'll the coun-
Try have their plants at Lawrence, now
the seat of IA serious labor dispute, and
OF course cannot be expected to buy wool
when the machinery is only partly in OPP
GRAFTON.
The labor troubles at Lawrence, how
ever, are not an unmiXed evil as bear
ing on the wool market: being unable
TO spin as much yarn as they neeed. the
Lawrence mills have placed liberal or
ders with Rhode Island and Philadelphia
spinners. who. in turn, have come here
to secure the wool needed To fill the or
ders So, in an indirect way, bushes
wool dealers despite the strike.
The business of the past week is csti-
mated at between 3s000bt and l,W0.t0l
pounds. and when that quantity is added
To the amount going out ON old sales 1t
will be seen that the Boston dealers are
pretty busy Although. as before, stated,
the best demand for the lower types of
wool, trading has not been eonitned eN-
cusively to that class of stock. Texas
clips have again had Il good share of at
tention and for the first time in months
some business in California WOODS is re-
ported. Fine secured woods have been
active, at least among dealers. and the
transfer of fleece woods include several
lots of fine wool.
The highest prices of the year have
been obtained this past week on the me-
dunn and low. wools and ON the finer
clips the market has grown distinctly
more favorable to the sellers.
As far as medium ileeces. especially
quarter bloods, are concerned it is siln-
ply a case of the buyer paving the price
demanded, since there are so few left
and so little in the way of foreign wool
the scarcity of medium 6eeces there nat
urally is strong demand for medium
territory clips and they, too, command
higher prices than they did short time
ago.
The leading grades of wool are quoted
in Boston as follows:
Ohio and Pennsylvania-XN and above
2Sdt29c. fine unwashed 21lGl22c unwashed
half-biood 27d2sac, clothing 23m24c, three
eighths blood combing 26a0274c clothing
23dl24c, quarter-blood combing 27M2lac,
fine washed delaine Bic, unwashed 25c.
Michigan and New York-Fine unwash-
ed 20a2lc, .unwashed half-bood combing
26n26ic clothing 22n23c, three-eighths
blood combing 25an26c clothing 22u23c,
quarter blood 25a@26ac, unwashed delaine
24c.
Kentucky, Indiana and Missouri-Un-
washed three-eighths blood comblng 260
26hc quarter-b blood 26427c.