Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-08-19
INQUIRY FOR
WOOL DURING
PAST WEEK
Less than Average Weeks
Business Done and Prices no
Better and no Worse than
Previous Week.

Boston. Mass. Aug l9.-Thcre has
been % better inquiry again This past
week for wool. although 10 II very
doubtful II there has been an average
weeks volume of business ,say i've
million poundsl done. Prices are no
better than they were; neither are
they any worse Dealers continue 10
follow the policy ~ free selling, which
means close profits. frequently az little
as one-quarter 60 one-half cent.
There have been endeayors To buy
wool for less money than current quo
tnti0ns and these have almos, II not
quite without exception failed No
! spirit uf extreme optimism prevails In
the trade but ON the other hand
/ neither are wool merchants ready To
accept losses on their holdings
The Market SUMMARY has been
IA" ease recently. the larger part Of
1 the business done has been In terri
tory wools principally In the original
bags. Montana woods are arriving
| more freely aud as they come to hand
the mills are showing considerable in
tcrcst in them. The fact that the clip
! In Montana Yas several million
pounds this year Is stimulating more
interest than would otherwise be- the
case. doubtless. Some fleece woods.
principally fine. have also changed
hands ana there has been fairly
good call for secured woods from the
wooden mills. Foreign woods. except
fer Li"cOln south Americans have
been practically without inquiry. sam
Pile lots have moved out la q very en-
couraRing way again this week and
one hrm reports the shipment Of
something like one hundred thousand
pounds IN sample lots.
Lightweight Goods Moving Steadily
! -Reports from the New York goods
market indicate fairly good initial
demand for lightweight goods. better
than manufacturers had anticipated,
Prices have been placed low and
ciothiers have evidently concluded
that 1t is wise 10 purchase some goods
at least especially since many grades
81 wool are down to tho free trade
basis, and foreign competition is prac-
ucaly eliminated. Moreover the
hand -tu- mouth policy which clothlers
and johbers have followed for several
years has not been conductive 20 the
piling up OF surplus stocks on IN,
shelver
More or less business Is lkewls,
sin being done ON account of dupli-
cate heavy weight orders. For this
trade, manufacturers are forced "a
come into the market more or less
frequently TO cover
The Tarim while the trade rs saw
ing wood. irrespective of tarim-talk
there IN a Keen interest In the prob
able terms of the wool schedule To b.,
enacted and the letter of prominent
Democrat. close To the administration
To one OF tie members ol the trade
this week is of decided interest. II h
understood that this congressman ex'
poets the tarin bin To be- signed Oc.
tober FIRST. to provide tor free WOO
upon passage and q leeway of sixty "a
ninety DAYS on goods. with duties al
lao, 10 and % per cent respectively on
tops. yarns and goods. This meant
an Increase Of FIVE per cent In the dut,
on tops over the present senate bill
Yarns being ieft unchanged. Oi
course this IN merely prediction AND
may not bee correct Yarn spinner'
hope that that II may not be, sinc'
nncen per cent ad yalorem ON yarni
Is undoubtedly far from adequate &,
offset the extra labor cost here.
New clip season Ending Compar
ativcly little wool Is left In me fal
west az the moment ana that rs al
scattered points. Buyers have beer
slowly returning ana the wool oiiicel
Of summer street have considerable
larger population than for mann
weeks.
In the fleece sections, buying hn
been slow ana II seems next Ca i'm
possible 90 get wool at anything lik'
reasonable prices. Considerable WOO
IN sin left In the bright wool section