Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-06-19
WOOL BUSINESS
MAKES HASTE
SLOWLY
Great Uncertainty Still Sur
rounds Trade; Less Aggres-
siveness Among Buyers in
West than for Years.

Boston. Mass June Is--rho Bon-
ton WOOL trade continues 10 make
hnate slowly. Uncertainty surround
ing tie trade II too great 60 make Tor
boom" trading. although the lislo-
sition to do business al price IL not
laekIng This applies both 10 mnnu-
facturers and to. DEALERS. the former
having refused "a purchase some
woods which were held above their
limits. while IN the west growers have
In some eases refused to accept the
bids which dealers were willing to
make on offered wools, says the Bos-
ton Commercial Bulletin
Tariff Legislation Draek
Evidence multlplies 20 the effect
that the enactment ~ the ssfiff hii
will take effect much later than az
first anticipated and few are ex ,ect-
Ing that the bill will no signed hafore
- ptember. Tariff experts and rear.
experts IN WASHINGTON are leaYnsng
that there are many Items In the tar.
lff which though relatively small In
themi Ives. have Vet a far-FeaehinS
Significance when other items ~ the
snmr tariff are considered.
So far az the wool schedule ~ con.
ccrned. II IN understood that tho sub
committee of which Senator Stone h
chairman. has reported no 'hange
from the measure as Il passed. the
house. wool being on the free iisi and
manufactured goods not bcina allow
ed any leeway In the date on which
the bin becomes effective. " q i'm.
probable that the finance committee
will he ready 90 report tho mcasrrc
10 the Democratic caucus much he.
fore the end of next week.
Goods Market uncvcn.
Some 81 the mills appear tn have
fairly good contracts on hand ana
are running on fair schedules. while
others have a comparatively large
quantity OF machinery idle. Wooden
goods manufacturers are generally
better employed than are the woTsted
goods makers. Dress goods mnnu-
facturcrs as whole are fairly well
employed. Duplicate heavyweight or
aers are coming In rather more freely,
however, according 10 an reports and
many factors believe that the market
viii he forced to increasing activity.
Notwithstanding the complications In
/ the situation due 10 the tariff.
New CLIP Adylccs.
The sphere OF action IN the Far
West In the purchase ~ wool has
been widened this week. although tho
aggresslveness Of buyers has neen In
marked degree lesa than in other
years Particular attention ms been
focused ON the purchases IN Montana
and Ia the Triangle while In the
southwest Texas has furnished some
excitement
In Mountain. the Rea clip has been
taken BY q prominent Chicago dealer
Reports differ as tn whether the wool
was bought outright or consigned on
an advance. although the general he
lief " that Il was puruhased II Is
commonly understood that q loan was
made on the clip during the winter
by the purchaser. The price In re-
ported at iTM cents. A part 81 the
old "Bair' clip, which n now split up
into several smaller clips. is also un-
derStood to have been taken by the
same Chicago dealer, as well as the
Briggs clip. the latter. supposedly. az
~ cents Boston dealers have taken
some other smaller clips AT abou, the
same relative costs. while some woods
have been consigned
In the Triangle tradlns has opened
al lbml7 cents. the bulk of the trad
ing being around ib% ia cents or 1875
cents. only one small clip bringing the
maximum figure up 10 latest reports.
one large clip. the Deseret clip II
said 10 have heen taken by a Bos-
ton house at the minimum quotation.
These woods. II Is said. viii cost
around 4T64S cents landed east for
1 the best clips on clean basis.
In Texas. frs; oil has been struck
| by Boston house. which has pur-
| chased the Kervillc clip of and ~
months woods. getting the former on
an estimated cost. landed east Of f3
| m4h cents and the latter on an eati-
| mated clean landed cost OF 48Gs so
cents. sale will he held AZ San
! Angelo on Monday next.
| In Idaho and oregon there have
been some sealed hid sales. although
In a number Of instances growers
have refused 90 part with their clips
az the quotations named. Sales have
hoen held during the past week AZ
Baker. June 7th: Ontario. June .;
| Vaie. June 10; Payette ana Weieer,
Idaho June II. and Midvhie. Idaho.
June rs. AZ ontario. owing TO n
backward season. little wool was Of
fered and only about 10000 pounds
we're sold. AZ al these sales, prices
were about ON parity "a landed cleap
costs in the east estimated az so cents
for tho hest staple woods: f7G4g
cents for the hest French combinR
sorts and about tb cents for the
clothing woods. A Faie win be held