The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-10-26
WOOL TRADERS FIND
LIFE 4 BURDEN
THROUGH WAR
Prices Steadily Mounting, Says
Boston Report, With Buyers
in Dark as to Chances They
Are Taking.

INV bNHANH ANINflEINiII HnNNfNlUs
discussing conditions in the wool
trade OF the world during the past
week, says In part;
The worlds wool markets have rem
dered a verdict In favor Of higher
prices this week ana while there APP
pears 20 v been NJ actual advance
In prices here. Boston IL. nevertheless.
n nrmer market than Il has been dur.
ing the fortnight OF three weeks pre-.
ceding and Il IL probable that pur-
chases have been made by manufac.
turers during tha' period which could
not oe duplicated today.
There are those who are afraid still
OF the future strength Of the market
here and abroa1 AMI operations In he
foreign markets, where there In a pos
eibility ~ running up against a reim-
posed embargo. are made not with tho
utmost sanguinity but rather with
.repidatiOn. since there IN the impel-
ling necessity TO take a chance on the
future. M because AZ the moment
there can be no two questions as to
the drift OF he values
The transactions OF the week have
totallcd n very respectable volume Of
business and have included something
Of almost everything available In the
market hut more especially fine AUS
'ralian and low woods. Pulled woods.
which have been moro or less stag
nant for several months. have al last
reached o level az which they were
wanted and they have moved To n very
considerable extent this week both 10
the east and west.
Foreign Markets Sun In Van.
The worlds markets are still lead
ing Bostoa In wool values. Especially
noticeable has been the advance in
cross-bred woods In certain markets.
but merinos are also holding decided
~ strong ami deep-grown woods are
commanding undeniahle premiums.
Reports from the Australian sales
this week have been very strong in
deed. 4 sale occurred AT Melbourne
on the first three DAYS OF this week
and a three-days' sale was also held
n; Brisbane beginning on Tuesday.
At the sale in Melbourne this week
Monday. the selection both OF merinos
and crossbreds was by no means a
good one especially on the opening
day. However. prices were firm and
on Tuesday advanced slightly to the
point Of about 6S 60 emit for good
combing 64s clean landed basis. Bos-
ton, Best warp woods were decidedly
firm ana a lot OF warp Gas Of 100
bales In the Urangeline clip cost
i7hd or about 75 cents. clean lanled
here.
,Crossbrod woods were quotablc
Tuesday on the basis OF about SO TO
81 cents clean landed basis FOR good
i6s and about 60 cents for SIS.
Wednesday saw the 1op Of the mar
ket with crossbred up ~ 10 ~ per
cent over the opening prices. Riverina
4G's-not The best cither-bcing quo.-
able az IS cents. landed clean basis.
The selection OF both crossbreds AMI
merinos was very poor, Dcep-grown
G0-G4s are quoted according to several
cables at 74T75 cents. clean landed
basis n top-making woods of this
grade a. so cents.
American orders were in evidence
AT the Brisbane sale which opened on
tuesday. Prices were very strong.
The selection OF greasy merinos was
not good but there was q good line OF
secured woods G1.000 bales out of a
total OF $4,000 bales) offered.
The Manufacturing situation.
Among the mills tho situation IL
reported rs very healthy. Further
army orders ave helped out expiring
contracts ~ the wooden mills again
although a large percentage Of the
component part OF these military or
ders IL made M of shoddies. and
waste dealers and sho1dy manufacture
era are driven up TO the last notch
In turning ont stock, which is daily
advancing IN value.
Worsted mems wear and women's
wear plants are also showing improve
ment according to correct advices,
late winter orders having accounted
for considerable business cOming tn
the yarn spinners. ~Spinners n top
makers are running very well az the
moment AMI report new orders as
coming forward in fairly satisfactory
volume. Apparently the domestic
, goods trade haS decided tina. the best
I time To buy goods IL right now.
Domestic Wool.
Domestic wool sales for the week
have been Of fair proportion and
prices are somewhat nrmer than They
were a week or two ago. II is douh'
fui. indeed. II certain purchases that
were then effected could now be Gu.
plicated az the same prices.
sales of territory wool have bee
moderate this week. Among he sales
reported has been one lot Of good sta,
pie Montana In the original bags run,
ming In grade to half-nlood FOR which
the clean cost In figured az about Il
cents. other lg:s Of Gne and an,
medium wool are reported sold a
prices varying from CO to 6s cents
Included In the snles were 1884,
pounds Of Colorado at "a 20 % cent
In the grease or about G4mG5 cent
clean basis: 1000 pounds Of IN,
Idaho al g3m2i cents IN the Ereas,
or about 67Gf6S cents, clean an,
about 100. 600 pounds Of New Mexican
at about G6mG5 cents. clean basis.
several sales OF i2-months' Texu.
woods are reported made this week q
around 90 10 81 cents. clean basis
The quantity Involved totals up abou
goo, 0OO pounds.
%, secured Wool.
, There has been n fair trade II
- 80. a. -.uN N.uH