Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-12-26

very large bank had suspended in
Buenos Ayres and that the market
was very unsettled An answer 20
cable inquiring as To- the truth Of this 4
statement. however. brought an Inn I
mediate reply on Wednesday, that /
there was no truth IN the rumor that ,
the market was steady tending u I
anything against the buyer. on ac-
count of the advent OF Yorkshire buy 4
ors Ia the market with real orders. /
Another version 81 the story was that /.
tho spanish American Bank OF Mad !
rid. Spain having large branch ia
Buenos Ayros had suspended with
liabilities Of s2O.O00,000. Whatever
the foundation or cause Of the rumOr.
II certainly had mighty little II any
eject on the market and some mer-
chants opine that Buenos Ayres has
seen It's low point
Certainly the advent Of Bradford
buyers in the market IL a very sig
nincant matter. and the fact of their
purchases has been attested by no less
than three cables. and bear out the
Information In cable advices from
Bradford that the atmosphere In that
centre Is not quite so blue as "a fort
night ago. However. this inf0rma-
ton IN not passed along as FIRST hand
knowledge of actual conditions In the
West Riding when are undoubtedly
/ far from being rosy -hued ~ might be
wished.
/ Australia Closes Flrm-The sale IN
/ Geelong on Thursday closed the AUS
! tralian markets for the holidays.
Sales will be resumed on January
I 18th A very large percentage OF thu
b woods have been sold To date. indeed.
3 more than usual up-tO-date, which
doubtless accounts for the long re-
spite between sales from December
/ rs TO January 10. According to the
! cable received by prominent inn
! porting house. the sale az Geelong
closed against the buyer an ofer-
! ing OF a small but choice quantity OF
merinos and large supply of choice
crossbred wool Quotations on cross
bred hfties and forty skies advanced
y TO ~ 3-4d respectively, or an estimat-
ed clean landed cost of about a. and
80 cents, respectively other grades
were unchanged. An sections bought
freely.
The sales at sydney and Melbourne
were also well attended and steady
competition kept prices nrm.
Territory Demand for territory
woods has been the CHIEF item OF in
terest during the week. Fine and
medium clothing woods have been in
greatest request, largely on the past
of two New England mills and have
sold on the clean basis of so cents
FOR the best fine and about as cents
for the best medium woods.
Sales In detail are reported or sew
eral lots OF half-blood clothing Mon
tana at rs to tSla cents. ranging
from 40 20 100 thousand pounds each,
OF the fine clothing woods. several
good sized lots of 2 To 4 hundred
thousand pounds are reported at
about n cents In the grease.
Besides this considerable move
ment In Montana woods there has
been "a very general movement IN Ne
vada and Soda SPRINGS woods Of sim
ilar grade one lot of Neyadas IL re-
ported 20 have been well up towards
"A million pounds
Several sizeablc lines OF Colorado
and Utah woods have also changed
hands this week on the clean basis Of
about 47mAS cents for the best
utahs and about 90 cents for the best
Colorados Inferior WOODS have sold
for less money, also.
Some staple woods have been sold
this week on the clean basis Of 53m
% cents for staple fine Montana; so
cents for half-blood staple. i8@i4
cents for thrce-cghts blood staple
and about 36m3s cents for quarter
blood. Inquiry has been In evidence
for territory quarter and threo-eights
blood woods al this basis Of prices.