Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-08-06
BASIS OF TRADING
SHOWS LITTLE
CHANGE
Manufacturers Show More In
terest in Boston Wool Mar
ket During Week; Fair
Quantity Left in New Mex.
leo.

Boston. Mass, Aug. 5.--Opinions
vary concerning the value of wool but
the basis Of actual trading has chang
ed but little. II any. during the past
week, says tho Boston Commercial
Bulletin. Manufacturers appear 20
have shown rnther more interest
again this week and fair volume of
business has been put through but In
dlvlslnal transactions are stiIl OF retail
proportions.
The volume Of business done from
week 90 week Is slowly Increasing and
with the lightweight season fairly
opened there seems 20 % NO good rea.
son why the market should not soon
get hack into lts regul4r stride again.
especially as mannfartnrefs are grad
uaily Rertlng a wider selection Of
woods 90 choose from a receipts in
crease.
Iightweigat OpsaingS cause Comment.
The feature OF the week has been
the opening OF lightweight mems
wear worsted goods IN New York by
the American Wooden company
Prices have been named which are
undoubtedly lower than many expect
ed would be the case. and which Will
1 NNNWMWhfMNl NAMMN fNNMNNAAANNA M'NM
for orders. Whether or not Il viii be
possible TO maintain prices on the
present basis remains 20 be seen. Not
a few manufacturers declare. however.
that Il will be necessary TO advance
rates on goods made of domestic wool.
basinR their opinion ON the PROBABLE
1 ity OF domestic wool advancing At
any rate u is apparent that prices
have been made that are unusually
low with an idea 20 getting "a volume
OF business at the very start Of the
season. Reports vary AZ To how the
prices have been received by the trade
but IL would seem probabie that de-
mand VIII be keen. since the clothing
trade IL on the hunt for bargains this
year as never before.
Compared with last year. prices
named by the leading factors are 10
"a IS per cent lower on goods made
Of domestic woods. ON goods made Of
foreign woods and OF blends partly
foreign and partly domestic prices
are lower by 20M25 cents per yard
deliveries being promised 10 begin al
these prices sixty days after free wool
becomes a law
| COMPARISONS made by men through
the trade show the Illuminating fact
that wool today h. ~ anything cheap
er than II was two years ago, while
goods are opened at rather higher
mice In this connection, however, u
must not be- forgotten that the cost
III labor has increased not onlS
through the shortening 81 workini
hours but also through an increase ir
wages 80 that conditions are not ia'
different to-day from what they Wer
then
Dress goods mills are doiavini
openings as long as possible. appar'
emily In the hopes Of getting q bettei
idea OF the final taria bill. No open
lngs 0f any consequence IN dress
goods are expected before the micdl'
of August, az least
New clip Operations Generaii,
peaklng the FAR west IL we'll cleaned
up. II Is estimated that two or thre'
million pounds Of wool are left III
Montana, the buyers having been iair'
ly active during the past two weeks
Prices have been. n anything, shhd'
higher Ia the latest purchases hut
considerable quantity Of this woll hn'
moved east on consignment, espeeials
wool from the eastern part or mo
state. A number If buyers have a.
ready left for home and some are
already here.
A fair quantity Of wool IN ssiil lei'
In New Mexico aud Colorado, WINE
there are still scattering lots m th'
Triangle and In Nevada ana Wyom'
Inc. Utah h practically sold out
In the fleece sections FAIR an"n.
tlty OF wool IL sin left in the hands oil
the growers or the local dealers, re-
cent reports would seem 20 indicate
that the quantity actually hv9haple
IL less than had been generally Aup'
posed. but Il Is very dihlcuit 10 efu-
mate the actual amount Of WOOL hrlo'
The FIRST purchases at washed ohl"h
fare reported 10 have been made thlt
week "a 90 cents. unwashed me ~
still purchased by certain mlil az
2002i cents, Arrivals IN ~ LOUIS