The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-03-04
LIVE STOCK

which opens next Tuesday. Offerings
will amount to $4,000 bales Of whicn
10000 bales vii be OF New Zealand
crossbrods. a year ago the offerings
at the March sale were 10000 bales
OF which 10000 bales were New Zca-
woods. General predictions are
that prices will advance about ten
per cent all around. although some
look for rather more of an advance.
on certain wanls, D..An
Western Contracting.
Contracting Of wool on the Sleeps
back In the far west has spread out
over "A wider territory but has grown
little II any IN Intensity. Some Of the
dealers have taken a little wool as 90
f~eeler' and have Withdrawn. tenn
porarily az least, on OF the
high prices which " are now
demanding. At the present range OF
prices. which are nearly up to lasi
years level In many cajes, there In
considerable danger in operating. II
can hardly 5o considered anything
short OF a gamble. and as one dealer
put it: There IA gamble enough In
the business now"
In Montana. little has been done
since last week, although offers OF II
cents for some woods have been re-
fused.
Contracting In Utah and Nevada
now consists OF picking up stray clips,
while In the Triangle. contracts are
placed but slowly. 1914 cents having
been paid for some medium clips.
A very little wool has been taken
in oregon. but only n little. and the
price IL said TO have been above last
years rates. although some Offers
have been turned down even az the
advance.
Operations In northern California
woods are said to have been fairly
general. and 20 TO 2i tents Is said TO
have been paid FOR some ~ the best
woods OF twelve months growth.
A manufacturers buyer II reported
as operating in Arizona and yet
despite tho advances he has
been willing 10 make he has
obtained little wool according 10 all
accounts. some wool has been
bought iatterly al close 90 what Is
figured as SO cents clean landed,
which II more or less the basis fig
ured for all fine territory woods This
price Is doubtless exceeded al times.
however. whether wisely or not re-
mains 20 be seen.
All told. close "a 20. 900. 800 pounds
Of wool Is estimated 90 have been
placed under contract 10 date.
Prospects and Prices.
Wool merchants are not altogether
optimistic with reference 10 tho fu-
49, - a. - 100 .Hanwaawwm "a.
cedes the present strength OF the
market and barring strikes Il L. gem
orally considered inevitable that the
wool market viii advance even boz
yond ne present strong position.
New Mexican Wool.
Sales 81 grease territory woods
naturally enough are confined 10 n
few houses. Most Of the wool sold
has been o. the fine and fine medium
clothing order. for which prices have
been fully upon a parity with rates
which have hitherto obtained, nota-
bly, h3a5s cents for fine and sOQb3
cents Tor fine medium stock Of fair
quality Among the transactions re.
ported were some 1900 20 So 600
pounds OF orisinsl oregon wool for
which the clean cost IA estimated al
SO cents. A lot OF some so. geo
pounds AZ New Mexican Ia also 70.
J ported on a ciean basis Of about 30
cents. There has been some fine
Idaho sold ON the higher range ard
some medium wool in small qnanii-
Ties al current quotations. Various
lots 81 odds aud ends are also re-
ported az various prices
seoursi Wool.
The demand for acoHred woods has
continued fairly steady. Prices are
fully 40 ~ last weeks level ana Tor
exceptionally choice wool possibly !