Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-01-09
NEW YEAR BRIGHT
/. WITH PROMISE FOR
WOOL TRADE
Uncertainty Of Tariff Revis.
ion Only Cloud on Horizon
Turnover in Territories II
Limited.

--------
boston, Mass, Jan. 1.-The new
year looms bright with promise for
the wool trade--cxcept for ona thina
the uncertainty OF tarlff revision. II
may seem trite TO reitorate this much
repeated expression but q states the
facts In .hc case Many In tho trade
hope FOR the best ana II II slncercly
10 be deshed that trade condltlons
| vii not long be- upset nor radically
disturbed when Schedule X is even
tually reviser. says the Boston Com.
mercial bulletin.
Live stocks On Hand--Thc predic.
tions VI The trades that stocks of
! WOOL In dealers possession in boston
/ on January tst would be very light
mas proven q true one, although the
| oncial report uf the BOSTON Wool
| Trade ASSOCIATION SHOW cd more wool
than vas generally predicted by In.
| uiNiuual members Of the trade. The
! totai NocRa footed 40 10 nearly az
/ million pounds ~ which someW hat
less than u million pounds was Tor.
'ign wool Thus the domestic wool Of
al ,lafs~s MS % million pounds zap.
ptVNimatclyl ur iiist nbouc onc.haif
u tho amount Vpncd in Boston last
year, Vhile the foreign poul showed
q gain of close 10 four million pounds
larger proportion 81 clothing voolv
Icing In Evidence.
stocks throughout tho country are
also lishi. IOtalling altogether about
~ million pounds according 10 tho
IuNciln's oouniry-r side advtes- Of
THIS total there Is about $500. 400
pounds more vt foreign WOOL thar
'h"rc was last year. tho domestic
stocks showing a decrease uT approx.
inaieiy 90 million pounds.
I, must not bo forgotten that there
are other factors to ne considered
however. in attempting 10 judge N.
relative strength ct the market. nut
THIS Year. u Mould Seem from careful
ina isis Of the probable stocks owned
~ manufacturers and tn stocks OF
Manufactured goods. that tho market
u In an exceptionally strong position
/ statisticaily.
Goods Market Sttady--A fair dc.
mand aPDe1rs to DO In sight and In
realization for that matter Gor WOODEN
goods for the 1919 hca,ywciaht trade
Tho mills are still running very we'll
up t0 capacity aleo on Hight weight
soods and there II every evidence
that barring radical tarM revision
there viii b" very good season 81
tho mills AGAIN,
Foreign Purchases sn,aIi-.Litilc
WOOL ~ len tor sale. and = cumpar.
atively small quantity 81 that is suit
ablc Tor United states uses in the
1 80
o'carauccs In Australia mp to the clos.
ing for the Christmas holidays were
SoncR hcrc In tho vicinity oi 10000
| boleS In New Zealand proportion.
atc', heavier bu>inE for the United
states has been done. In south
America. the heaviest estimates OF
purchases made Tor this country H.
1900 bales against 5000 bales
bought last year These purchases
are uy comparison very small TOR this
| country considering IN, limited sup.
plies ~ wool, iu 90" markets h'rr 90
| say nothing ot The shortage in sup
/ lio. ,,cryNhcr, abroad
General Market summary Prices
On staple Vuulg are NJ lower out thcrc
| b. AN easy tone prevailing ON uddr ana
ends and IN secured lotE. dealers be
inr willing apparent, To- mako slight
! concessions for ga" falo of trading. SO
| long AK the, realize profits
\ feature - the market this week
is tn" reported sal" ct sumr ncw
South American Lincoln wool, ct
/ which IN the ucishhurhuod OF $50
I = nl"e ara undcrstoud To- have been sold
! early lu 10" week o. arrive on a
I landed basis In bond uf 12t cents. CT
"n advance of g., cents over last
years Initial sales
\ fair trade with the WOODEN mills
IN secured wools Il reported ON" or
two mills taking on tair.slScd lncV ut
wool and giving dealers the imprcs.
sion that conditions In the goods end
of the marHrt are fairly promising.
] otherwise, " II not lllogiCally con.
! cud"d, buyers would not be i'm tho
! market nov. W6rstcd mills how
ever, de- not .ccm In any anxiety or
| perhaps u would bo better to say
Necessity to buy nov anything DO.
yund piceins ont lotg. and those a..
most wholly of medium woods
Tito Tariff Qucstion--prc,idcut
elect wilson and House Democratic
leader Underwood had conference
| 81 Wa nlHgtun THIS lHr week ana
| there you are" IN other words.
there Is nothing ncv In the pindg "a
TO tho tarn outlook. eunico to say
that tho trade u sim hoping tor tho
| best
! JT-~Iptsts and PFi,'cs.
| Curront business has generally hrcu
on steady firm basis this wccK and
there Is little OF no prospect Of auy
! change in the immediate outlook. al
least not for woods Of staple charac'
ter.
ohio Flccces Sales ct Ohio HccCc'
this week hryo been extremely lin
itod. a fsW lots % medium changing
hands and some small lots OF clothing
Vool also. among them being 10000
pounds OF half blood clothing al ~
cent? and q small lot OF quarter blood
clothing 40 - cents. 4 lot OF about
10 600 pounds Of half blood stapl,
vas sold at 30 cents
Michigan--PuctiCai nothinR new
can he said with reference To che mar
kct for Michigan feeces. only 4 mod
crate quantity of clothing wool bcinI