East Oregonian : E.O. (Pendleton, OR) 1888-current, 1915-11-03

Continued from page one.
cial Bradford. England, correspond
ent:
The sixth series Of London wool
sales closed on Friday last. Con-
trary to expectations they ran their
full advertised course, but owing to
the shortage Of labor at the docks
and in the warehouses the cata-
logues had to be limited to an aver
age Of 5000 bales a day, and the act
ual offerings were about 10000 bales
short OF the quantity thar might
have been offered II conditions had
been normal As indicated in pre-
yious reports, the feature OF the sales
was the sharp line Of demarkauon
drawn between good woods and in
ferlor classes. For the former July
values have been maintained. but the
latter have lost ground. Foreign
competition has been an important
factor in support Of woods Of good
staple and condition Russia has
been an eager buyer Of the best
secured merinos. and as the wool
must be shipped by an Archanbel
route, which may be closed for the
| winter any time after the beginning
OF November the Russian buyers
ihlge constantly outbid All competi-
tors for any lots which took their
! fancy similarly there are now Rus
sian orders in the Bradford market
for dry-combed merino tops. which
must be ready for delivery in three
weeks For most topmakers. this Is
condition impossible or fY'1'i#~7t
and consequently the few who are
able to take the business are finding
It exceedingly remuneratiye
Advantage has been taken by
American buyers Of the lifting OF the
embargo on crossbreds, and the hest
parcels Of fine and medium greasies
have sold at the highest prices OF
the year. Good woods OF this descrip-
ton have. however, been extremely
limited in quantity. and unfulfillei
American orders are now being COM
pleted in Bradford from topmakers
stocks Of matchings. Italy has
bought a fair proportion Of cross
breds, mostly medium and lower
sorts. but the French demand for
crossgreds has been OF trifllnb vol
ume compared with July All midi
ding and faulty woods have been left
entirely to the home trade, and have
suffered more or less substantial de-
preciation The suspension or or
ders for military cloths has strongly
affected the demand for slipped and
secured crossbreds which have de.
clned to 10 to Is per cent below July
closing rates. and fully 90 per cent
below the high point Of May, II 1t
be true, as is stated. that the Brit
ish government holds stocks Of kha-
XII amounting to 100000 yards, the
outlook for these woods is uncertain
in the extreme.
OF the total Of 100000 bales avail
able. l2s.O0O bales were taken by
the home trade. 1000 bales by the
continent IS 600 bales by the United
states. end $4,000 bales. including
190 600 bales Withdrawn in the sales
room and $1,000 bale not offered
were carried forward The addition
Of the carry forward makes the totl
available for the series beginning or
October %. 14t.500 bales. From the
beginning OF the year 20 the present
date So 900 bales OF colonial WOO
have been sold In the London mar
ket Of which $4,000 bales have beer
taken by the home trade, 62,oOl
bales by the continent and 81 OqC
bales by the United states Addlnf
transit wools and direct imports. The
total deliveries to the trade have
been 2.03O. 900 bales, or which 1856
600 bales have been taken for nome
consumption. 10000 bales for the
continent and 325.OOO bales for the
United States. The last series OF
London Il the limit II any Of the
offerings for this series will be fixed