The Sun. [volume] (Price, Utah) 1915-1932, 1915-07-02

bOSlONs MASS, June 3e.-COnaid-
cradle activity IL noted In the local
wool market. though the business II
not well distributed. Some large
houses have had an excellent trade
the past week. while others have
found less demand than In recent
weeks. According 90 the best esti-
mates. total sales foot up from three
TO four million pounds. Demand con-
tinues to be mainly for foreign woods.
but II broadening into territory clips.
especially fine medium and medium
grades. Buying In the West continues
at top prices All markets are
strengthening and the chances OF any
cheaper wool this season are lesscning
daily. The June London auction will
open next week and predictions are
that Merinos will advance fully 10 per
cent from the last series. Australian
markets continue firm. with quota
tions above a parity with boston.
Current discussion In the trade runs
much 60 the possibility OF n break in
the wool market during the coming
light weight season. Opinion seems TO
be that the strength noted In Boston
II but n reflection from abroad. and
that Boston's wool trade is following.
rather than leading the procession.
While manufacturers have been claim
Ing that there was nothing IN the
goods situation 10 warrant high prices.
they have bought freely In the West.
and while refusing 20 consider even
the most desirable lots OF domestic
wool at sacrifice prices. they have ac-
cumulated a great volume 81 fine
McrlnoH at prices that seem high.
though possibly below the replace
ment point. either here or abroad.
Growers Getting Top Pricc-.
In the territory states medium woods
OF the better class are being rapidly
absorbed The best have been secured
and the rest are bringing top prices
ShearinE has begun In earnest In Mon.
tana, and Ia pretty we'll over In other
sections. In many Instances grower
and sellers are apart over the values
OF fine territory wools but In this
main. fine medium and medium clips
are bringing well up 60 the growers
ideas. Not all sellers are inclined Il
be reasonable. and Il often happep'
at the public sales that many bids are
rejected and only part OF the offer.
ingu sold. The highest prices recently
have been paid In the triangle and In
Montana. where twcnty-acvcn &
twcnty-nine cents has been given foi
medium clips In many cases iins
clips are being held nj top figures. bu
buyers balk at such extreme prices
An occasional choice medium Gilt
has sold as high as thirty cents Sons
Eastern buyeys report that they ar,
getting some good woods on the bash
OF sixty 10 sixty-threc cents for lin,
medium. and fifty-elRht 10 sixty cent
for medium. others Say that fine an,
fine medium French combing wool
I are costing much more than th'
above ON the clean basis. the quotabl'
range being EiNty-three Co slXty-acvcI
cents These are selected clips. %
light EhrinkaEc and good condition
Heavy Fhrinknge woods are offered a
, prices In the grease that mean fabu
! lous prices clean. hut such woods ar
I neglected So far aa the new terrltorl
woods have been sampled, they ar
I found 90 be rather deficient In Etapl
/ and not well grown. though SCUM
, and Of light shrinkage Public sale
, are being held In Western Idaho an
, In Oregon. and considerable wool
I being picked up By the leading manu-
featuring Interests as well an by East
4 orn dealerE Public sales have bee
held this week az Midvalo. ontnri
{ and Caldwell. Ida. and Condor. Shan
lko and Heppner. ore.
2 In Texas. buying appears 10 be
= Htandstiil. A sealed bid sale wa
I held at San Angelo recently by th
4 warehouse association. hut all bid
were refuFed. Later In the month
sale IL 20 be held at kerrville. TIL
Kerrviile woods are generally offere
Y without reserve. while at San Angel
the sellers are seldom willing 10 nc
a cept dealers bids Some new wool
Z are reported 20 have been picked u
a at private sale at seventeen 20 eigh
\ teen cents for eight months an
4 twenty Co twenty-five cents for twelV
g months. This means secured COZ
a laid down here OF about ffty-fN
- cents for eight months and sixty cent
10 for twelve months