Daily capital journal. (Salem, Oregon) 1903-1919, 1915-05-06
Domestic Wool Is
In Stronger Demand

Portland, Or, May G.-Disappoint-
ment Of WOODEN mill interests regard.
ing the quality Of the imported fleece
this season is causing them to turn
more eagerly to the domestic product.
While there has been quite a fair
volume of sales in interior Oregon and
idaho recently, purchasers are making
strenuous effort to keep the facts
from becoming public, in the fear of
causing tighter holding for extreme
prices for owners.
More and more there seems TO be n
disposition among the eastern mill in.
terests to secure their supplies in the
west. While operations to date nave
been erratic, buyers Jumping from one
district TO another after making fair
purchases; the fact that the leading
mills are compelled to meet the price
views of growers at this time indi.
Gated that after all the general fleece
trade is firmcr instead of weaker as
has been suggested by some Of the east.
crn interests.
Bettermcnt in the goods market is
one Of the chief factors in forcing mills
to come into the market for domestic
fleece, War orders have also been a
big factor.
The Christian Science Monitor Of
Boston says;
Manufacturers are again showing
considerable interest in the new domes.
tia wools the impending 1916 light.
weight season, together with some signs
of increased duplicate orders for heavy.
weight goods for next fall, giving the
market more cause for expectancy re.
gording am outlet for mill production Of
the current year.
There has been a good absorption Of
much Of the recently imported stock,
large quantities Of the arrivals being
for manufacturers and going direct 10
the mills, Fair amounts Of the remain
der have been disposed Of, so it seems
probable that better demand may soon
develop for the domestic offerings that
come forward.
One feature of the situation that
takes a prominent place in all cacula.
tions regarding prospects for the season
is the fact that practically no imported
crossbreds are received aside from the
purchases made by American buyers In
South America Mills requiring sup.
plies Of this character find il difficult
10 obtain enough for their requirements
and all the home. grown woods that can
be utilized viii be eagerly taken up.
Australian and Cape mernos on the
other hand, are received in fair quan.
titles, and the tone on such woods is
easier. Nevertheless the higher grades
are relatively firmer than other quail /
tiles. for il is admitted that consider. /
able stock that is not up 10 the usual .
high standard Of imports has come for.
ward in recent months
For fleece wools the market at pri. .
mary points remains extremely high
and there is comparatively limited buy.
ing Holders. however retain their c0n.
fieuco iu the maintenance of values,
and expect 60 realize asking prices for
their clips.
Pulley and secured stock move more
slowly now than it did earlier in the
year and quotations lack the strength
and fteadiness that they had earlier in
.he year Prices apparently depended
more upon the Indifference of the hold
Pr as 10 whether be sells Or not than
hey DO upon general market conditions
some owners are very firm IN their at
itudc, while others accept current Of
.crs for moderate quantities Secured b
upers are said 90 have sold recently iu
be range from j5@ dOc.