The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-06-16
WATCHFU[ WAIT|NG
ATTITUDE Of THE
WOOL BUYERS
Some Active Buying Develops
In Western Wool Market
During Week, But Little of
It In New Mexico.

describing operations In wool during
the past week. says In pari:
A week ago spot 64s tops sold in
Bradford for 15 cents. According 90
our cable this week. spot SIS are
bringing five cents a pound more.
Two weeks ago super SIS tops sold
In the same center for 81 cents; this
week ~ cents has been realized and
only a short year ago the same grade
sold for SO cents. Thus Ia the history
OF prices in wartime being repeated.
The upward trend OF prices In this
country has been much less pro-
nouncod during the past week but the
situation In stronger beyond any ques-
ton especially on medium and coarse
woods Fine woods are perhaps firm
or but have hardly advanced during
the wees
whether sales have been as large
locally this week as they were last
IL n question. Some dealers have had
n larger trade but on the whole II
seems hardly as heavy as it did q
week ago. Nevertheless. theer has
been a substantial turnover. priuci
paiiy OF foreign woods.
Worsted manufacturers are tn"
principal buyers in the trade at the
mnflGhs ne NNEiti NNlliF NV ~
ing some secured woods hut the de-
mand for the lattre h not especially
brisk. The larger hctors In the man
ufacturing trade ave been the most
D, conspicuous buyers. which fact, IN
view of the comparatively iight o1cu'
pntion Of machinery reported at
large manufacturing centers would
seem to Indicate their belief In the
future Of the market.
The Foreign Markets.
Interest has conferred chiefly In the
English markets this week, where
war prices are prevailing with a Neh-
geance. Spot tops, In particular are
al a premium and. IN fact. any dclN-
cries are extremely hard To get th'S
side Of next January. Comhing M
chinery liz being pushed to the h'n''
night and daN in the effort To get OUT
/ orders and meet contracts hut inc
/ tremendous amount NJ business mo
I the added difficulty Of scarce LABOR
. is proving "A tremendous handicap '"
{ The combars. New clip English woolS
! are coming Ia market n are meet
2 ing with unprecedented prices Tor
b the opening 81 q season.
4 In Australia sales have been held
I hoth nt Melbourne and AZ sydney
r England has been the leading buAer
% but America has taken ~considcrahi
2 weights 81 wool also. especially al
Melbourne. where the selections Wefe
. fairly good. Prices have been main
= tanned on a level fully up to That oi
% the Brisbane sale last week. which
means anywhere from 80 TO 6s cents
: clean landed basis, for woods which
, are suited 60 this markets require
mcnts.
The lists have been closed for the
. next London sale. which opens june
. 90, 200. 600 bales new arrivals haNlht
4 already been listed or the tothl Ne"
! Zealand woods make up 1879, zoo bales
II will be recalled that about S-'oV'
bales were carried forward at th'
= close OF the last auctions, thus max
ing the total offerings Approximately
: $4,000 bales. Capes will figure ~
" the offerings To the extent of l2.3o'
= bales.
western Buying.
In the fleece wool sections buyer
u are taking rather more wool and th'
j, probability is that 30 cent is the hot
y tom price anywhere to the growers
9 In Ohic It In a practical impossih'lil,
V To obtain any medium wool under ~
, cents and from hat up To - cents u
= reported paid In Michigan medium
' woods are pretty well sold, "prcvailiui
prices now being 80 to 81 cents. II
: Missouri nothing Is available In me
, dunn woods under 80 cents 90 IN
y farmer and local dealers want I'VE
, to three cents more. In Indiana ~
high AZ - cents h reported paid TN
y week. In other states through tn
. bright wool sections prices are on
parity with the quotations nahe
above. while in the semi-hrighi sec
tions about % To 2S cents h the rul
ing quotation on medium clips.
r In the far west more attention J
J being paid to fine woods and buyer
are attempting To bus on q cl'a'
u bnsis Of IS cents or under. but thei
- purchases are probably costing rathe
'r more as a rule. although Frencl
combing wools are being taken a
about this price. In fact, this is IN
n Glenn landed basis estimated for IN
It woods purchased at the sealed Or
sale i'm Mldyale. Idaho. where 5Oo'oo
= hounds were sold this week sales "
d most of the points In oregon an
T. Idaho have been unsuccesstul' We
e capsc grower were unwilling 10 nc
10 ccpt the bids made.
b. In wyoming further contra'lh
% has taken place around casper an
Burlington. at prices which mea
wen up around 50 cents, clean Ian
a ed east and some buying ON IN
70 Sleeps back h reported along IN
Northern Pacific In Montana q
around IS cents for average wool
y some further sales are reported J
: Montana this week at ~ cents 10
Ie medium woods and ~ lot runnin
a., half blood and above b. repnrte
~ taken at this price, although the dc
- tails ~ the story are not suhstar
~ tiated.
81 In Texas and New MeNico the stu
alton il stlil "a waiting one and littl
new In heard from Nevada.