The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-06-24
BIC DEMAND FOR
TERRITORY WOOL
IN BOSTON
Foreign Manufact' .rers Re-
cOgnize Conditions and All
Attempts to Depress Prices
Have Thus Far Met With
Failure.


Boston. June 2I.-The strength OF
the raw materials market will not be
gainsaid md an attempts TO depress
prices have met with failure and a
%bouyancy Of values that WAS indispu-
table. Demand for the fine territory
woods and for fine and half-hlood for
oign woods has been strong and prices
have remained fully firm on these
grades which are o found 80 read
ily as merchants could wish by any
means. II il noteworthy that me-
dunn crossbreds-40-i4's quality-nn-
der quiet demand from several mills
have appreciated slightly IN value.
some holders asking fully q cena a
pound more for low quarter Argen-
tine. The turnover for the week has
been OF fair volume and some think
that u very considerable quantity ~
wool has been taken In a quiet way
hy one or two prominent operators
For some time II has been evident
In the trade that there WAS a vide
disparity in values between low and
high quarter foreign woods, iu fact
too great "a difference 20 be main
tained for any length Of time, ana u
rs evident that this difference 81 5
TO 10 cents q secured pound between
IS and as Argentine woods was rec
ognized as offering chances for prof
table business by certain mills. n Is
also patent that the foreign manufac-
turors have not been slow in observ-
ing this situation and adviees To hand
his week both from England ana
Continental Europe state that spin
ners and topmakers have been trying
10 induce weaver To attempt the mar
keting Of lightweight goods In which
these low wool should be utilized.
OF course there 81 a very natural
Partially for rne-feeiing goods Tor
the lightweight season but there n. ON
the other hand, a limit to this ten
dency when price considerations be-
come TOO weiehty. Some of these
woods. which have been bought IN this
market OF late. however. are UNDER
stood 10 have been bought with the
next heavyweight season IN view.
Cleaning Up the western Clip.
Perhaps a million pouncs OF wooi
are len In Montana but this u hSely
10 be purchased within the weeN u
prices do not prohibit. The prices
paid by a certain Minnesota blanket
mill for two fine medium AID half
blood clips. however. would seem
likely to stiffen prices beyond the
bounds which dealers are willing 20
pay. For these two ciipa. totalling
about 2lO. coo pounds. ~ s-s and ~
cents Is reported paid. which is fig
urpd 10 mean a clean landed cost "a
the mill OF aboua 60 cents. or a clean
landed basis ln BostoB Of about 81
cents.
Very little wool Is left In wyoming.
Idaho, oregon or the Triangle aud
New Mexico aud Texas are fast being
cleared Of their wool Al the sale at
Kerrville. last saturday. about two
million pounds of twelve ad oigha
months wool were sold TO Boston mcr-
chants for twelve months being divid-
ed among three Bosota houses For
the eight months. 81 40 IS centa rs
generally figured as the clean landed
cost. while so TO 63 cents b. abe eEti-
mated clean landed cost for the
twelve months woods Reports last
90 the effect that the San An
CELLO woods had been sold were not
but the option which In fact had
been taken on The woods was AL
lowed 10 lapse and since b e a part
of the wool, known as the Richard
son accumulation, u reported sold 90
Boston firms az the same partly of
prices as those paid az Rerrvilie
The Wool Warehouse association
ga san Anseio are also report
ed unsold nj this writing.
TERRITORY.
Sales OF ofiginal bag territory wool
included almost every class buI
principally Utah. Colorado, Wyoming.
Oregon and Idaho. A lot Of 30, 600
pounds az original Colorado wool
brought 20 Ia ~ 10 cent in the
pfo1fe ard clean costs on various lots
Of this class % Feol are fignred any
from Sc TO 50 cents. o~riginai
bag Oregon, Idaho aud WyominE