The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-08-28
LIVESTOCK.
CHEERFUL TONE IN
WOOL MARKET IN
SPITE OF WAR
Boston Commercial Bulletin
Sees Confidence in General
Situation; New Mexican
Sells at % Cents.

The Boston Commercial Bullctin.
reviewing last weeks wool market.
HaSn iu part,
Confidence in raw wool l.&E hern
heightened this week boy the advent
In the market OF buyers b have
been comparative strangers Tor ON
time and who have bought some
wool All told the purchases for the
week IN new contracts have been
less than they were in the preceding
week. reaching A total perhaps OF
Ave million pounds. In addition 20
which some further purchases made
previously have been approved.
Prices are strong. although deal
ers apparently nav not thought u
best to insist on further advances at
the moment. except perhaps In $50
lated cases. The continuance of bsui-
ness on the scale and In the spirit
Of the past two weeks, however. h
quite likely To- force higher prices.
a good feature of The business be
Ing done is the area oNcr which u y
spread. Almost every line of wool
manufacturing rs feeling the honeti-
cial effect Of the demand which has
been Induced In the last two weeks
because of the war abroad, 80 that
a broad foundation FOR tho business
OF the current lightweight season
| seems fairly well assured.
ON the other hand. the trade u
| not oVer-Confidcnt. which In itself IA
IL ,ubtiess another good feature
While money Is nominally at 6 pei
cent. tho closer scanning OF credits
Of late In all lines 81 business II &C
c%entuating The disposition To- MAKE
haste slowly. BESIDES. the wool bust
ness. which must OF necessity deter
mine It's course TO "A great extent by
the probabilities ~ the future, find
many future factors which are nov
uncertain. particularly with refer
ence to the disposition of the commit
colonial clips.
sales Of territory wool nave heel
fairly large on the whole n nav
involved about everything avaiinbl
In the market. The demand FOR Mon
tana woods has been fairly good am
sales Of half-blood and thrce-cighth
staple are reported ut "a ana 2ii
cents. respectively. In the grease. on
lot OF very choice half-blood Is sal
To have brought 20 ont in IA
grease. Some fine clothing is ais
said To have been sold a. 2tie cent
In the neighhorhood of three
quarters Of q million pounds of Colo
RADIO wOols have been sold In th
original bags at - to % cents p'
mand has been fair also for origins
, Montana wool At % to 23H ana
some cases as high as 2fia cent
Several hundred thousand pounds
Wyoming and New McNicnn origini
e sack wools have beVn sold - 20
Z 22ccnis for the bulk Of the wool, z
. costing clean for the fine Wyomir
o. about 50 cents aud Tor the New Me-
= lean 50 To- 50 cents. Some hnc ldat
. has Also changed hands a. 60 to
= cents clean basis and a mpdcra'
4 quantity at Utah is reported sold
Il SO Ia 81 cents. clean hasis. Hal
r. blood soda springs wool has bee
u sold iu a moderate way az about I
cents clean basis. and 1907 200 poun'
% of hnc and nne medium Soda Sprinl
r brought 90 cents In the grease
n about 81 10 IS cents clean An ecu
Il quantity of h~aif-blpod WyominE
j. reported at "a Go 30 cents, or aN
SO cents clean basis.