The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-04-01
WOOL MARKET STILL
SHOWS UPWARD
TENDENCY
Boston Continues to Predict
Further Advances in Spite
of Comparatively Small Vol
ume of Business.

The Boston commercial kullcttnt
| reviewing last weeks wool market.
says iE part;
Despite the moderate business
which has been accomplished In wool
during the past week. values appear
to tend upwards with the same in
f~lcxibility that characterized the ad-
miuistration Of the ancient law Of the
Modes and Persians, although the
level OF values II hardly equal 10 the
| closing at London even yet. Prices
are high and yet the basic conditions
underlying the market are unques-
tiOnabiy sound.
/ supplies OF old domestic grease
woods are extremely limited and buy
ers who want certain domestic wOols
for blends frequently find the utmost
difficulty In getting what they waEt,
even In the smallest quantities. I'm
doubtedly many OF the better early
shorn clips will lind quick transcit to
the mills.
Idle Machinery Decreascs-The per-
centage OF Idle wors;ed and WOODEN
machinery In the country hats de-
creased considerably siSae December
l, according TO the summary OF the
canvass Of the National Association
OF Wool Manufacturers Just issued
from the office OF Secretary Marvin.
The figures In all viii be found else
whore In this issue. It will be notod
that there has been only "A very
slight Improvement In the employ
mcnt Of wooden machinery, but that
the worsted machinery has made an
encouraging gain aud the probability
is that the situation Is even better
at the present writing than Il waa on
the FIRST OF h month, when the can
Nass was made.
Good Prices Advanci-g-Furher
advances are reported this week ON
staple wOrstcd goods. This Is tho
logical consequence OF the advance in
raw materials. Doubtless at the add
vance buyers will show Increased de-
sire for goods, which they were dis
posed To ignore on the lower level OF
prices.
Yarn splnners and t%opmakora are
running fairly well on old orders but
spot business IN not heavy although
prices are naturally well main
tanned.
The Western situation-Considcr-
allie variance OF opinion Ia prevalent
as TO h quantity OF wool under con
tract. Some well-pcsted operators In
the far west assert that close to so
per cent 90 territory clip, or
about 80 million pounds, Is now n
der contract Others think that this
estimate Is excessive aud that not
over a third or about 50 million
pounds has been taken. la like man
ner some estimate that half OF the
Montana clip Is already contracted
ana others think that o over 30 per
cent has been taken.
In Montana 1874 cents has been
paid for staple half blood cllps and
average woods ave brought IS cents.
We have Il ON the authority OF a
leading operator that 10 cents has
been paid FOR a choice clip In Mon
tena. Some growers are refusing to
uccept less than 20 cents aud 10
cents y not ~infrequently demanded Ia
The Triangle.
m the Yakima valley manuGactur-
crs have begun 10 buy some OF the
early shorn woods and II h figured
that these woods viii cost. laid down
y the east, about 90 cents. clean
basis.
Purchasing Contracts.
some further purchases of con
tracts OF The earlier woods appear To
have been made but il does not
seem likely that any large volume OF
business has been put through IA
this way. although il Is not easy to
tell Just how extensive these trans
actions have been.
PrOspcrts aud Prices.
Just what the remotepfuture will
show IL hard to tell but Ia would be
extremely difficult to find anyone
who would predict other than firm
prices IN the Immediate future.
Ohio fleece.
Sales of Ohio fleece wool have
naturally been limited in size and
number. A small quantity OF three
Fights Combiug changed hands ut 20
cents. Some half -bioods aud three
Fights clothing brought 22h cents
and some fine unWashed clothing
sold az 22 cents. besides which aoino
odds and ends were cleaned up at va
rous prices,
Sales OF Michigan neeccs have
been of no importance this week in
the market, except for the sale OF
some tat Sleeps woods, which have
brought 90 a limited extent "a! TO
20 cents.
Missouri.
We hear OF no salus Of bright
country this week. Prices are,
therefore. quoted nominally.
puilcd.
The demand for pulled wool APP
pears al length 10 have cleaned out
the New York market OF the March
accommodations. Pullcrs appear 90
have realized full asking prices,
namely, 81 cents FOR A woods. hs
are understood TO have brought SO
cents and fine combing 3s cents.
Some OF these last came 10 the Bos-
ton trade.
Territory,
Sales OF territory wool hav been
very limited thls weck and nave
been very largely OF lately arrived
woods. Some consigned wool has
been sold on the basis Of fully So
cents for average clothing original
woods. There h iiitie grease terri
tory wool 10 offer here az the present
moment.
Sales Of the new Arizonas are re-
ported again this week al around -
scents. pa a clean cost approNimatinE
55 cents. The sales OF contracts
above referred 70 are understood %
have been for clips OF average halt
blood grade and are reported on the
estimated clean basis Of about 81 10
IS cents,
Texas,
A small quantity OF Texas twclve
months wool n reported tO have
l L..n Ia M. .-..L III . DL.an Dn.L