The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-04-28
WOOL TRADE STILL
CROPPING FOR
THE LIGHT
Western Buying Starts Again
But Boston Market Re-
mains In Doubt As to What
Future Holds.

The Boston Commercial Bulletin In
its review OF Inst weeks BOst0n wool
market aays in part:
The wool trade IL sllii cropping for
Hight concerning the future Of the
market and fheor IL stlll apparent
through the trade n great diversity Of
opinion ns to what the next month
or two win show In the way az de-
.velopmentA both here and broad.
with wool on lfs present high level,
the merchants are naturally not In
cIlnod TO be over eager about invest
Ing milliona OF dollars In the new
clip until they are obliged 10 do 70.
unless they become fairly well con-
WINGED that the chances taken are
not unreasohably heavy.
Sales durins the week have not
been az an convincing as 70 any great
amount OF optimism on the part OF
manufacturers. Estimntes OF the to-
tai sales are only about ~ million
pounds and shipments for the week
OF all kinds 81 wool. including earlier
purchases subject tos approval. are
under four million pounds. The bulk
OF the trading has again been In for
eign wool. as might naturally be ex-
'pected. Prices have been perhaps "A
bit steadier but are stili far from be-
ing uniform. and FOR many grades OF
wool are merely nominal.
The absolute lack OF amy nxcd
ideas Of values In medium pulled
woods Is well illustrated this week by
the offering through the trade OF
some secured eastern Il supcrs at
nrlQna VnnnrIA1 - Aataa w.am-a al
the way down TO so cents. and when
no buyers were found the wouid-b
seller endeavored to buy woods OF the
same tyne and grade and found hold
.ers asking GO cents, This rather he
performance n % altogether
far-feiched as typifylng h unsettled
conditions applying TO wool general
|ly.
Western i3uylng Starts again.
Whether Il Will continue no one
knows. hut uuylng On the part. OF
dealers has been resumed In the ter
ritorles." certain clips haviag been
bought IN Utah. mainly by Boston
merchants. The cips Involved have
generally been small and ranged In
grade from three-eiehths to fine me-
dunn. Prices from 1914 to 2fM
cents. depending upon the wool and
are estimated TO mean a clean landed
cost OF about 60 e nj for fine medi-
um n ~half-biood woods.
a prominent mill buyer is still OPP
Grating intR modcrate way in Nevada
and Washington at around 1914 TO
20 cents for fine and fine medium
wools and from hat NJ to about "a
To 20 cents for best medium clips.
Purchases on this account. however.
are said not To have been heavy.
%Shenring Is getting well under was IN
California and has started In Texas
and In sections Of several other states.
Buying. however, has been pretty
well restricted Go two or three sec
lions thus far.
In the fleece wool sections, buylng
Is slow and confined To small quBu-
Titles. small round lots OF early wool
are fetching around 80 cents In Mis-
souri,. Practically no wool. fine or
medium. can be bought In Ohio I'M
der 80 cents yet and some holders
want more for medium wool. In
Michigan It il asserted that az cents
has been paid for medium wool ON
the Sleeps backs TO q United extent
and in West Virginia "a To a5 cents
in asked. In northern New England
some medium wool Is aid to have
been offered at 80 cents and this Is
the price that has been paid for me-
diam clips In small volume through
eastern Canada and the provinces.