Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-05-31

NRnItfn accounts
An eastern mill ~ also reported 20
have bought some ~ the Red bun,
Cat. woods on q clean basis landed
east estimated ~ oh0ut 81 cente
shearlne ls under Way IN Idaho
and Texas sa egi pr Z. no'hns
yet there he's been no business re-.
ported from The Triangle section or
from Montana
Aside from the general c0nalgn-
ment % the woods on the Union Pa
clfc in Wyoming. which We noted a
week ago, there has been nothing Of
importance developed.
IN she fleece wool section the mar
kct has likewise moved slowly Deal
nqs are UHcriug up to rs cents for
medium wools a. a rule, but the ear
Her offers u some Of the mIiln has
had the tendency 20 make growers
unwilling 10 meet this price. some
mill purchases are Understood 20
have been made on the basis 81 about
20 cents for mediums.
In Ohio trading has been Ia q small
way and dealers have very much less
than their usual quota 81 Wool Here,
too. offers Tor medium woods are
generally about AZ 10 rs cents and
buying IL restricted
Little has yet been done In Indiana
q Nen,uekS. IN Missouri some some % %
have been auctioncd on az 81 cents
for clear woods Of the medium sorts
This II above tho parity Of what such
woods Will bring landed east. how
ever.
The Tariff outlook Uncertainty a.
70 the tarin outlook Is undoubtedly
restricting trade ~ Il always does. II
manufacturers and wool dealers also
wore nV.nrn ~ mint tho farifT am t.funI
and woOlena Will eventually be. they
tould then figure a basis FOR opera
tons with certainty Some there are
who look for modification nf the
wool schedule 81 the tarln. bat the
majority are OF the belief that the
Pill viii be passed without substantial
change.
one Boston dealor has figured out
IN an interesting manner that on the
basis 81 the vote OF tho Democrats Of
The house when they passed upon che
wool schedule In caucus. we might
expect duty on wool a. the Demo
cFatiC caucus the number of those
Who voted for duty on wool he csti-
mates at about 10 per cent 90 the en-
IRE house. Figuring ihat thc senate
Democrats who might vote for a duty
on wool were 10 per Ccnt--or even .
per cent--of the entire senate and
that Republicans and Progresdvcs
favored a wool duty. We should then
have "a duts placed on wpui in the
senate. As problem in the law of
chances this b. Interesting. hut is
K hardly safe to take "a chance on"
brisbane sale Very strong Gable
adNices from the early sale al Bris.
hanc. Australia, this week indicate
extremely high prices. indeed one of
the prominent Boston importers
states that u b. the highest record con-
prices Ia his experience. About 30.
400 bales we're offered and cumpcii-
ton WAS Keen. The wool was sound
and well grown. Best comhing ssf
were sold on basis which u would
cost 90 Import In the grease without
duty OF saw cents, or about 81 cents
on the secured basis. The next sale
LAT Brisbane win be held June 2s-s6
Liverpool Offerings Declared Total
offerings for the next Liverpool East
| India wool auctions which open on
Monday next Is as 500 bales. Firm
prices are predicted by leading hrOk
ers especially for most desirable
woods. There will be a very good
selection Of Kandahars and fair Sc
lection Of Jorias.
Warehouse Entries Increasing
noticeable feature OF the market al
the present moment n the absence O
selling OF spot foreign WOODS. excep
those In bond or those which hav,
been Withdrawn at sacrifice prices
ON the other hand entries 20 publ,
warehouse are increasing, which u
doubtless TO be expected.
Prospects aud Prices.
| II ~ difficult to see where prlccl
are likely 10 decline materially In th'
near future from the present level o
values. This view Is not cntcrtained
however. ~ many In the trade VIII,
seem 60 reason that, az matter a
principle. Ia u time of rcadiustmon
Hike that Of the present moment,
further drop In prices n 10 be- eX
peCted
ohio Fieeces Aside from the sail
of "a small quantity OF throe-oighu
cOmbing woods, about 10000 pounds
there have been no reports at business
ia the new woods This wool Is re-
ported az 20 cents. Somo furtho
lots Of old delaine wool are still lei
! IN the market. but no further sale
arc noted this week.
Mlchigans A lot OF some 10. 0O
pounds of new Michigan three
eighthE wool Ii reported this week u
~ cents othcr offerings have beef
made at 22 cents. which would ne
the seller about ~ y cents for mcdi
: ums. but no trading has resulted az
psrantiy, aside from the contrac
placed recently by mill tor mino
anantity which Il desired for imme
diate needs az % cents. Mills ar
not willing, la other words, To pay OK
IRENE prices unless their need com
pcls them
West Virelnlas A very little me-,
West Virginia medium wool Us hc
5 ing offered in the open market 70
p prompt shipment. The asking pric
4 h. - cents although II Is quite with
1 / in The range 81 probability that fir
, offer az ~ cent less would give pos
! -essiOn Of the wool.
MisRours The first offering a
r now Missouri wool IA reported thl
J. week. one lot Of quarter blood
r. said 10 have been altered for prom
shipment delivered Boston Anotht
, offering Of carload OF quarter an
three eighths M reported az offerc
e 90 "a cents. while some common an
braid h offered al 23iA cents one q
I two dealers say they can undouhtrdi
( buy az 22h cents for medium wool
Indiana and Kentucky No Offer
3 inRH of Indiana or Kentucky WOO
. are yet reported Buying has hardl
< started IN earnest for these wool
2 many Of the growers holding Off 9
tho prices now being offered them.
e Pulled Wools-A fair trading !
western pulled sorts Is reported IN
Y past week. some fine cOmbing WOO
~ moderate staple having change
4 A.. Ill., 4