The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-02-18
DEMAND FOR
NEW MEXICAN
WOODS
$4,000 Pounds at IL Cents in
Grease or so Cents Clean
Basis; Prices Tend to Adj
vance.

Washington. y. c., Feb. is.-One
summer street wool merchant face
tiOusly "a not inaptly summed up the
market conditions this week in the
remark 1t h. not az all difficult TO
get more than you ASK aud however
unpleasant the situation may be 20
the man who owns little wool and
would Ike 60 Own more, the fact l.
that the market H. against aim, siss
the Boston Commercial Bulletin.
From all the worlds markets. adj
vices tell oply of strength with a
tendency Tor prices TO advance. our
Bradford cable advicos of a further
slight rise In prices there this week
and In the local market. prices are
FULLY as firm as compared with a week
ago. while sogne merchants assert
they have received more money.
II goes without saying that supplies
of domestic wool OF an Kinds are OK
trcmely scarce In the soaboard mar
ku,H. probably 80 10 80 million
pounds Of woodland one estimate
places II even as high as so million
puunds-have been sold since the first
OF January. including both spot ana
To arrive. OF the record cargo of H.
ef5 bales brought In direct from AUS
iralia 0y the steamer Essen this week,
"a large proportion Of the woods on
dealers ccoun had been sold, pre-
vious to arrival. Thus the mills have
been obliged To pay famine prices for
domestic woods nnd have also been
obliged Ia turn TO foreign woods often
In order TO obtain certain grades.
Goods Market Follows Reluctantly
Apparently the situation Is movine
less quickly IN the New York goods
market than In the markets for raw
materials. There IL "A seeming tend
ency on the part OF purchasing agents
to feel their way slowly, although
the strength OF raw wool must be only
too evident To- them However, buy
ors Of goods may he fairly well as
surcd tina the domestic Manufacturer
l. bound TO manufacture a large pro-
portion of the goods made for the
American trade and that the position
OF the latter can not be weakened ans
because OF the advance la raw mater
lal. SO long as that advance II world
wide.
Primary Market Purchases-Pur-
chaaes Tor the United States tn the
foreirn primary markets n a matter Of
considerable speculation and inter-
est at the momcn.. Consular clear
ances are cabled at 45.Do0 bales fro
Melbourne and 1000 bales Tor sgd
ney up 60 date. or Go.009 bales all told
for America.
Latest aGviccs from sydney report
20,00o bales bought there for America
up 10 the closing
Estimates cf the purchases la South
I America vars from 20 To 50 thousand
bales, although some importers think
the quantity has been less.
Cabied estimates OF the purchases
In New Zealand up TO this week are
$4,000 bales.
ContraciinE-Contfaciing has been
continued during the week and Il Is
estimated that In the neighbOrhood Of
fifteen million pounds have been plac-
cd under contract up 20 date, prin-
ciiially IN Utah, the Triangle and New.
ada. az prices which show little
change from those prevailing a week
ago.
Attempts have been made 10 on
tract wool In oregon but without sue
cess ana the same IL true Of Montana.
AHN FtAffH NNuNfAANf I8AA NAf NfI'AAt'
az "a 20 rs cen In Utah; ne 60 1914
cents for Nevada hne wool and rs ~
10 cents for Triangle medium clips.
The Market In naturalization las
been devoted principally Il foreign
woods this wcek and more especially
to the finer srades. although rather
more attention IA being given 70 cross
hreds. Prices realised are fully firm
as compared with auOtatinos last
made. There has been a small bus
mess put through IN domestic woods
Including almost everything Dealer.
have done more or less trading with
one another and some Of the foreign
wool which haP been sold has not
gone Into consumption but has besn
purchased By dealers who want "a
own some wool In anticipation OF any
likely advance.
Territory-saics OF territory wool
have not heen 81 large volume MOI
! especially numerous. although lhey
have included o variety OF woods