The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-02-25
Local Wool Men Look With
Optimism on Coming Season

1T. Instead OF tho quantities. which
nc anticipated finding. his search
covering two days onded In pur-
chascs OF only one hundred thousand
pounds.
There are several types Of wool
which are now entirely out OF the
market. and quotations on thoae must
necessarily be nominal, and Of use
only as "a comparison Of quotations
on parallel grades Of foreign woods.
Reports from abroad s,iil show The
Markets strong
on an grades. with the finer woods
Htill tending upward, "a feature that
" not warranted by world conditions,
" we are TO believe the statements
OF some dealers who should be thor
ouRhly %conversant with the situation
IN all its aspects. The manufactur-
or who has sold a faif share Of his
product az opening prices without
securing sufficient quantities OF
yarns to cover his requirements faces
"a somewhat serious problem. as II
Is manifostly Impossible for him TO
secure supplies Of yarn without pay
ing an advance of five TO seven and
one-half cents a pound above the
cost upon which his fabrics were fig
ured Dealers are much oncourag-
ed By The reports from the goods
market 10 the effect that several OF
our larger operators have already
business enough on their books to
warrant operation Of their entire
plant for several months TO come.
and also by the act that in many
cases prices have been advanced five
To seven and one-hnlf cents, ana In
one instance at least ten cents per
Sard.
The great strength noticed in
Domestic Woods
Is not due alone 90 their greater de-
STABILITY for the manufacture OF GER
tain fabrics. but Is caused To a great
extent by their actuh scarcity. many
dealers having sold their entire hold
Ings of domestic woods and are UNI
able TO replace them by securing fur
Their supplies from the Interior. in
several Instances sales have bee lost
and in other cases have been very
materially decreased In size because
Of the dealers lack Of stock Of the
type desired. The Increase Of sales
In foreign woods which Is becoming
more noticeable eve-y week is not
due. as many would have us believe,
TO the fact that wool may nov enter
free OF duty, and Is therefore cheap
or than formerly. but In caused en-
.tirely by the shortage In u domos-
tic clip.
Prices are well maintained on an
grades of both domestic and
foreign woods, the choice sydney
merinos selling at sc TO 81 rents for
the SOS quality and IS to Sc cents for
the COS. Crossbreds are held at as
cents for SIS. 80 cents for the AIS
and 80 cents for the SOS. The South
American woods hive largely passed
into the hands OF dealers. probably
not over rs per sent Of tho present
clip remaining unsold. Considerable
quantities Of these woods were pur-
chased for tho domestic trade direct.
and We are crCdibly Informed hat
the major part OF those purchased
hy az least ono rouse have since
been transferred 10 the ownership of
one OF II largest manufacturers OF
dress goods.
Territory WOODS.
- W. NNNN" - tNnNNNN WMn
by %spinners and top makers. but In
the majority OF cases buyers are I'M
able to secure the WOODS wanted Sew.
eral large houses. who Invariably
carry large quantities Of territory
wools In stock. at present find them
selves with empty lofts or with *
tremely small quantities Of one or
i've grades still remaining. A por-
tion Of the new Mexican clip is still
unsoid and quarter-hloods are still
to be found In limited quantities.
Half-blood territories are not to be
found In this market and the same
condition Of affairs is reported from
other wool centers. The largest sale
noted through the week was 10000
pounds of original New Mexican.
Forty thousand pounds 81 Montana
uuorter- blOOde were sold at 10 -