Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-11-04

well and on these Il b. logical 20 ox-
pcct an advance Wooden mills ape
pear Co be- fairly employed and the
same ~ doubtless true of worsted
mills. but considerable machinery is
employed ON old orders aud wouvers
are probably better employed than
the operators nearer 10 the raw ma
tcrial
Boston Wool Chcap-Ii is doubtful
AZ anywhere iu the world wool can
be purchased on so low "A basis aH
la Boston. Why then. should deal
Crs accept lower prices is The query
not infrCqucntly raised. indeed. why
should they not demand and get
higher prices
Tho amount of wool IN bond IN the
three principal American ports ~ rot
excessive. From this, manufacturers
have been forced Go make heavy
Withdrawals, even af eresahred woels
purchased from wool merchants
within the past eight or ten Gays.
The worlds clip Is undoubtedly short
and all primary markets, which are
now dominated largely by France
and England, are showing iirmcr
tendency day hy day
Receipts of domestic wool In ios-
ton have been some seventy million
pounds less than "a year ago, partly
due 60 larger direct purchases Dy
mills. partly 90 Target Quantities re-
tanned in the country, and partly b.
larger quantities held in other cities
by growers,
~ tho demand comes for wool 20
clOthc the hundred million people ui
the. United states, Whore viii the
manufacturers find tl' ask Well
Informed merchants This is huru
question 20 answer but it must not De
forgotten that when wool is expected
to DE cleaned up before the season
Ia
expected quarters and conversely
when demand h. expected 60 exceed
the supply unthought of restriction
occurs. However, one weii-pnstrd
wool merchant Is firmly of the opin-
ion that II is time 20 buy wool, rather
than 20 sell, speaking broadly ana
under the new tariff We are bound
to broaden our mental horizon *
never before.
Prospects and Prizes.
The market seems 90 have reached
n point where dealers are not ih-
clined 90 yield any further, except on
the inferior woods, perhaps, and on
steadied bit. Considering the mar
row margins OF profit on goods anu
tho intermediate processes, 70 seems
unlikely, too, that prices can advance
much In the near future,
ohio Flcccc-A fuir quantity 81
Ohio fleece wool Is reported sold this
week, including about 100000 pounds
of unwaRhed dClaino in several iuts
| at 22 cents and "a little washed de-
| lHine Ina the range OF 20 H ~ cents. n
small lot of lf-hlo1d comhlng pos
sibly $4,000 pounds, changed hanus
at 28 cents.
Michisan-Vo little Michigan
wool Is reported In tne trading thls
week. one lot of about 10000 pounds
of three-eighths combing is reported
; az 90 cents,
Missouri, Etc.-We hear OF nO
sales OF Missouri brghi woods local
| g. 10 Is stated, however. that q
/ dealer purchased fnWr good hflhh'
quarter comhing al ~ cents nom IN,
! interior.
Territory - Considerable Montana
graded wool has changed hands this
week including some enc staple anu
considerable hah-hluod' as wei a'
! fine and fine medium woods
ported In the sales we're hali -pioe.
I staple al goa 2Oh cents, costing
| Mb2 cents clean fine slAple az leW
1854 cents, costing 1SWef eenl'
clean, and fine and iine medium
clothing az ID cents Boo the grease 90
on clean basis of iHM'V cent.
clean. Perhaps million POUNDS ~
Montana woods have chanbeu hhh"'
thia week IN this range OF prices,
other sales Included eV'vNv poNhn
Of Idaho fine staple at - . c'hls
or about 53 cents eie-ni Iee,NV'
bounds uf original Utah az 1871
cents In the grease or tmis etn,'
clean. Threc-cighths WOODS nave aia'