Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-09-09
MUCH LESS WOOL
SOLD IN BOSTON
PAST WEEK
Market Conditions Never More
Unsatisfactory Than al
Present; Sales Almost ALI on
Retail Order.


Boston. Mass. sept Materially
lcss wool has been sold In the Boston
mnrkot this week than for several
weeks previously. \ Tow dealers have
had fair volume of business. but
generally the opposite has been true.
while sales have been almost wholly
81 tho retail order There has been a
very considerable inquiry for wool In
evidence however and thnt. too. for
good-sized lines. so that 10 the busi-
ness which is now IN contemplation
ar result Of the sample bags sent
out is contaminated. the near future
win witness considerable wool sold.
Gays the lios;on cononcrcial Buile-
tin.
Market conditions were never more
unsatisfactory. everything considered.
than thoy are al the present moment.
Rarely n over mss the margin ~
profit been so small. whether of man
ufncturod cloth. yarns. tops or wool,
A. a result, while the volume of or
dcrs is not so large as to force buy
Ing of raw material IN volume. manu-
ncturcrs viii continue 20 buy from
hnnd-to-mouih IN the hope If de-
pressing The market or nt least 81
preventing an advance.
Per Cent 90 Machinery Employed
Consequent upou far Initial orders oe
liFhtwcirhtg ara considerable rc-or-
doring Of hoavvwcights there has
heen an increased amount ~ machln-
cry put into commission ono ~ the
larger manufacturers of woolona ana
worsteds estimates that the worstod
machinery now IN oporation ~ ~ per
cent of the run quota on fun time.
while 81 tho woolon machinery he
places the percentage al &C.
That tho domestic manufactures
practically has tho llghtwoleht season
assured to him means "a great deal To-
the wool market. since domestic wool
must necessarily enter more largely
into domestic production under those
circumstances Especially o. this all
tho more true with the free wool pro-
vision effective December list Latter
ly expectation has been general that
free wool would be made effective by.
October tst Advioee received from
Warrington This week, however.
state that the Democratic senate
leaders have not contemplated chang.
Ing the date from December 1st.
Tariff Possibilities Assuming that
forty-four Republican. one Progress
sive ana two uouisiana) Democratic
senators oppose the tariff hin. the
Democrats then have majority oil
one to carry tho administration meas
urc, with the president Of the senate
To- Fam back upon in case or Gle due
tn the absence Of ono Democrat The
probability the eNtrtmc probability
lie that the administration measure
VIII pass but u D. evident that the
Wnrgu necessary 90 pass The hin sI
very narrow. The form of the bin
seems fairly wcil determined, with
wuoi uco, tops at 10 per cent, yarn
at 20 per cent ana goods al 80 per
cent These figures can only he def
initcly stated, however whom tho bill
BE- enacted,
European Markets Some adyiccs
indicate another easing OF in English
markets. but this is not generally
conceded. ana an mail adViccs seem
90 point rather lon the other direction
Endoavors tu purchase certain wools
ON low levels have also failed and
this iF, OF course, the best evidence
Of tho strength OF prices. The settle
mcnt of the trouble in tho near cug'
ANA the easing of money rates hu
had some effect in improving trad
conditions in the Continent aud In
England, although there ~ much
bc desired. Clothiers in both places
have been slow In placing orders for
tho new season ana this has undoubt.
eddy had some effect on wool prices
although those dealers who have
speculated In New Zealand ana Eng
liHh woods with tho American market
lu mind arc generally considered
stroni holders
IN Nutshell Aside from the
smaller volume 1T business the char
meter Of the trading has changed hut
little during tho week. territory woods
n the grensc occupying most ~ The
attention nt unchanged rites. with
moderate quantity of fleece woods In
volved and rather less secured than
usual Prices, except for quarter and