Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-07-01
WOOL TRADE


NuVfH tNN HrratUf ufouufNon 81 tHo
wool 10 still unsOid
several sales have hecn made dur
ing the past week IN oregon. notably
az shanniko. Madras. Hoppnor. jos
cph and Enterprise. IN all OF these
places we'll over two million pounds
was offered about 500. 600 pounds be-
Ing offered AZ Heppncr. Wednesday.
Mills and dealers participated with
fair freedom. the mills taking rather
more than hair Of the Purchases
Prices have ruled firm and about on
q parity with the sales OF last week.
which means about haif-dollar clean
Tor the best woods.
In Montana aud IN the Triangle
buying has been Of fair proportions.
the best woods moving generally in
the range OF ism Is cents. but prin-
cipally az from 1901 ~ or f3it cents.
Medium clips have been In chief re-
quest The clips which have been
sold have generally been those Of
smaller size.
In Utah and Nevada the clip h. nov
we'll cleaned up. while In Wyoming
transactions are fcw and far between.
about tho only buying OF any mo-
mcnt being IN the vicinity of Casper.
Consignmenis from that state are
etill being made very generally
In Texas. private transactions have
been put through for considerable
quantities OF wool az prices practical
NJ an parity with those paid al
Kerrville. when the quality Of tho
clip Is considered Tho san Angelo
WOODS are said 60 have been sold, the
eight months wool going 20 a promi-
nent Boston house and the twelve
months wool To- well known New
Jersey min. The shorter WOOL is
said to have brought around ~ cents.
while the years growth wool IL ng-
ured 10 have cost the mill about 81
cents clean landed. east.
In the ficerc sections there Is great
or reluctance on the part ~ dealers
20 operate. Mill competition has les
sened considerably but what buying
Is stlll being done for mill account
Is at such prices that eastern dealers
refuse 90 follow the lead II ~ gem
orally estimated that barely so per
cent az the new clip h yet taken east
Of the Mississippi. Most dealers are
offering for medium woods about 20
cents 20 the farmer. which means an
Of q cents on the car, while "a cents
IL offered for fine woods. Mills have
been giving 90 cents 10 growers IN
Ohio for unwashed fine woods proba-
bly, running largely 10 dclaine clips.
In ST. Louis street lots" are COM
handing 2iA cents net Elsewhere
In the bright wool sections prices have
held steady and very firm. farmers
showing an indisposltion TO sell at
concessions and dealers showing an
equal reluctance 10 buying al the
prices demanded by growers
London Auctions Open-The next
series Of London auctions will open in
Coleman street July list. when OFFER
ings 0f about $4,000 bales Will be
made. 81 (which Is. 900 bales Will be
old woods left over from the previous
salos. n ~ generally predicted that
prices viii be maintained al the ser
les. although American support viii
he In comparatively light evidence
again TO support the prices on choic-
est parcels Al the previous sales the
governors of the sale were able by
skiliful maneuvcrnR to prevent any
slump In prices and with tho money
market easier and tho situation IN the
near east improved. they will doubt
less have an easier task TO repeat their
former success
Great Market summary tho
week there has been a purchase OF a
very considerable amount Of secured
fine wool partly territory and partly
secured pulled wool. the latter bring
Ing FOR good styled ~ up 70 5im52
cents. Perhaps the most important
transaction has been the sale Of a fair
sized quantity ~ medium comOing
fleece wool. including half. three
Fights and quarter blood ohio az 20
cents Generally speaking transac-
lions have been of the retail order aud
the bulk OF the business has been
done In new early shorn territories,
with Il smatterinE Of flooces.
During the past two weeks a consid-
cradle business has been done IN tops.
spinncrs and manufacturers declaring
that they could get tops az better ad-
VANTAGE than they could buy the raw
wool o convert into tops, Moreover a
saving IN time was effected which is
of no inconsidcrablo importance just
now. Prices on tops have stnened in
the last few days, however. and buy
Ing has consequently been curtailed
more or less