The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-11-23
WOOL MARKET GAINS
STRENGTHATHOME
AND ABROAD
Manufacturers Are in a Mood
to Buy and Prices Are
Steadily Growing Stronger,
Says Boston.

80 =
The wool market " gaining In
strength. Not only are he foreign
markets daily adding TO the strength
OF the position OF raw wool but the
manufacturers themselves are In a.
mood to buy wool Indeed, they are
buying wool steadily. although no.
"boom' IL apparent aud even against.
their natural Discrimination to pas the.
very high prices prevalent.
Business during the week has been
OF about average proportions. although
some merchants state that they have.
had less actual business than they did
last week. Almost everything In the
way OF wool has been In demand and
while there has been no general adj
vance In prices. II IL certain that .ho
dealer is getting the better end OF the
argument, when the talk gets around
to terms.
Demand has come from almos.
every quarter, both worsted and wool
en- manufacturers being In the market
for raw material while top-makcrs
and %spinners are also looking the field
over pretty carefully all the time and.
what " perhaps most encouraging TO
The wool dealer. the manufacturers
who have been giving attention chien
to foreign woods. have been obliged
now To shift their attention pretty
much to the territory and fleece fine
woods. On which dealers are now be-
ginning 20 see the first letter, at least,
Of the golden v"-' profit
Forehandcd buyers. who have been
industriDusly contracting New Zea-
land woods during the past month or
two. when prices were. by comparison.
extremely ow. have had a rather ner-
vous time this present week. on ac-
count OF adyices from the Dominion
% the effect that New Zealand has Of
hcially announced hat she will limit
the exports TO America. Just how
much wool Will he allowed TO come 10
this country liz not certain, but unofn-
cially the New Zealand authorities
have stated that about a normal guam
tity would be allowed to come 10 the
United states. This quantity Is gem
orally figured at about $4,000 bales.
whereas. several cables received this
week estimate the quality purchased
or contracted on the Sleeps back a.
about 10000 bales.
A. the same sale In Wellington.
Wednesday Uhe second sale of the
| hthhhnl Anf duNlAtuttFH ANNOUNCED
that applications for permn TO shin
woods bought at that sale would be
| viewed f%avorably. This %nou
ment naturally made bidding very
| spirited and prices ruled very s.rong
best 55-i6's being biz at from tTE e.
1914 pence. These woods will cost
close 10 6 cents this year 10 land here.
Al the sale In Napier, which
4 FHHWVa NAIMN Fum .Ha.WHWWu UANNN a..
about 1000 bales.
Domestic Wool.
Sales OF domestic wool have lnclud.
ed fair quantities Of fleece woods but
have been largely OF territory sorts.
The demand for territory wool b.
been fairly steady this week and has
included both graded and origlln.
woods; both fine and medium OF IA,
latter, not much wool has been sol
although some graded quartcr-bloo1 of
good staple ia reported sold at 80
cents for II choice wool Half blood
Graded has been sold to a limited eN-
tent for abou 20 cents clean basis FOR
Montana wool Fine staple Montana
nj ~ cents, clean basis, and fine s.n-
pie oregon at II cents have changed
| hands. also to q moderate extent this
week.
Of woods iu the original bags, close
90 . 1000, 900 pounds are reported sold.
including half-bloud Montana and
/ Wyoming wools at 20 and 6S cents.
clean basis, respectively. Good NeN.
ada. oregon and Idaho Wools have
sold In he original bags AT about o.
"a GS cents for nnc and fine medium
clips, with occasional lots being csti-
mated 10 cost about 90 cents Good
fine territory graded has been sold M
prices varying according to cstimatei
anywhere from 6I .u GS cents. uC'
cordiug to the wool. More or less Ncv
Mexico and Colorado wool has ais,
changed hands az close 10 80 cents
clean basis. possibly @ little under foI
some woods and q l!ttlo more for th'
best New Mexican woods Arizuua'
have also been sold with some freedom
at about 90 To- 81 cents clean basis
Srourcd WOODS.
There has been a very fair move
men in secured wools this week In
| GLIDING both domestic aud foreign q
the latter. good length Colonial scuur.
cd lots are bringing anywhere iron
90 to SO cents. according to staple
color and s%hrinkage. short woods ar
bringing where from 80 so cent
som. short carbonized woods also sell
ing in thl. range. There has been al
50 a fairly good trade In secured Cap
woods a. about 5Sn60 cents Tor IN
best lots More or less low scoure'
wool of one sort or another varying %
price from 40 20 90 cents, accordin.
to staple and color. etc, haE been i
demand from the woolcu manuiactur
ers. sales Of territory scoured q
about as cents for fairly good mn
woods and abou' 62d63 cents Tor NJ
New Mexican have been made To
moderate extent this week Clothin
4 and double 4 woods have been ~
at prices varying from So 10 81 cent
while q supers have brought Tor una.
lots as high as 80 and 50 cents ana N
wsstprn bSusg cents ls said tu huN