The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-05-26
REPORTS
Is PERCENT OF
CLIP SOLD
Last Weeks Development Sud.
den Squirt of Buying In the
West With Tendency of
Prices Upward.

AHt ntHtou tVfHHhtFtlhl B0llCtlu
reviewing the wool market there and
throughout the country during the
past week. say In part;
IL IL apparent that a new spirit has
been actuating the wool trade this
past week. This fact IL no shown no
conclusively In the local market as In
the west where within the past ten
days a very considerable quantity OF
wool has passed out Of the hands OF
growers so that Il Is now estimated
by one prominent operator that ABOUT
20 per cen OF the territory clip has
been sold or consigned. Two weeks
ago hardly more than five per cent OF
the total clip of the country had left
the farmers hands.
Nor has this attitude been confined
solely to the west. Manufacturers
have shown a continued interest In
the woods that are available here and
have taken a fair qnntity Of wool once
more while some dealers have also
purchased woods from their neighbors
through the trade. Locally prices
show out little change. although the
tendency II upward and on medium
NNs SViA1f piNSH uFt fcailg
higher.
Offerings OF domestic woods through
the trade are not heavy and 30 the
greater part OF the business done has
been In foreign woods again. All told
between three and four million pounds
OF wool are said to have changed
hands. A feature OF the weeks bus
mess, however. has been the reported
transfer Of a half-million pounds OF
fine domestic pulled woods.
Western Buying Brisker.
The buyers have broken loose In
several sections OF the far west dur
Ing the week and nave taken a mum
Der OF siEable lots, notably In Idaho
where the Rexburg. largely OF med
inm wool. and Haley clips we're taken
by "A Boston house. The former clip
L. understood 70 total about 500, 600
pounds. The Haley clip to
nearly a million pounds. The prices
paid varies from 25 cents for the fine
WOODS to 2T% cents for the medium.
The sale which was scheduled for
last Tuesday TT Mountain Home when
about ESQ., 00 pounds were offered
produced no results as all bids were
'N9f'ANN Wy Aht W ABOUT "A
half million pounds Of wool has been
aiken at Idaho Falls mostly at 2sh
n and the Wood clip Is also re-
ported sold 10 a Boston house al %
cents. This wool totals about 500, O0O
pounds.
In Montana. contracting on the
Sleeps back n Deen resumed In the
vicinity of Dillon whore two or three
clips totalling 100000 to 500. 900
pounds Is reported purchased at 2Gh
t. an cents.
In southern Utah two clips have
been taken, one at Jerico and the
other at Salina and In wyoming In
the n-eighborhood OF q half-milion
pounds more Is reported sold. These
woods are figured to cost well over s.
cents clean landed basis.
Little business Is reported In New
ada or Washington, the latter state
being fairly well cleaned up, while
the sales have not yet started In ore
son. In Texas, too. the situation is
a waiting one and little wool Will
probably change hands until the big
sales are held and the dates for these
IS not yet scheduled.
In the fleece sections il Ia much
the same story everywhere. Some
wool is bei1g taken at Is TO 80 cents
FRO medium out It Is inc~onsiderahle in
quantity n in the majority of cases
the asking price Is anywhere from 30
tn 80 cents. while for fine wool p 10
30 cents Is frequently asked through
In Michigan the farmers are
asking 81 m32 cents for medium clips
and about the same prices are asked
In New York state and In Kentucky
and Indiana. In virginia even more
money lie demanded. Most Of the
buying M the moment Is on mill ac-
count but as stated above 1t is not
heavy. /