The Sun. [volume] (Price, Utah) 1915-1932, 1916-07-28
WOOL MARKET IS
SHOWING UP WELL

BOSTON. Mass. july 2G.-Manu.
facturerS are showing more interest
In wool. especially In all grades which
have a good length Of staple. Good
sized transfers are noted this week,
both secured and greasy lots of for
cign having changed hands. whine the
movement ~ domestic grades II stea-
dily increasing. Wool buyers are
coming home from the West aud prnc.
ticnlly al ~ this years domestic clip
now II In sight u l. expected that
the bulk ~ the remaining unHuld wool
VIII he forwarded on consignment
possibly most 81 IL O. the leading
warehouse. company. London adViceH
Indicate growing strength In that
market certain lots uf wool having
been sold ~ the current wool sales at
Il clean cost 81 over dollar pound.
Though some conservative wool
men are beginning 10 ask " the top
In wool values has not been reached
No lack ~ strength IN apparent In
fact. In some directions the market
actually iH stronger now than u was
a week agu. staple woods of all de-
Hcriptions. foreign and domestic. are
especially strong The small lots Of
fored are bought eagerly "a steadily
advancing prices The scarcity ~
such woods has led manufacturers Ia
turn their attention more 90 other
gSader. Therefore trade N Develop
INK on generally satisfactory lines
Possibly less swapping has been
done lately among dealers, hut this IN
offset by the increase In the current
81 mills.
A. Tar ~ developed the trend of
the new season In lightweight goods
IL somewhat indefinite, leaving manu-.
facturers and dealers In wool az sea
ns a. what grades viii be- most In de-
mand. Sampling of wool for light
weight goods has been done freely by
manufacturer Ia the new territories
and flceceH. az well as In the medium
styled imported merinoH which are In
such large supply Statesmen have
been confronted often of late by the
statement Of mill buyers that they
have enough wool a. supply their
probable needs until January LIT or
beyond, but dealers claim that II
mills are carrying more wool than
usual. IL II due entirely a. the fact
that they have AN unusually large
volume 81 orders on the books.
Western primary markets are wei
depleted Il being estimated that Mon
tana has only about five million
pounds unsold. A little wool also n
LETT In the triangle In Western Idaho
and Eastern oregon, Recent pur-
chases In Montana have been made on
the basis of thirty-fOur cents for the
best woods, with thirty-two 60 thirty
three cents about the going price of
anything of lower grade. Some wool
X being obtained around Soda Springs
al thlrty-one 10 thirty-two cents Tor
medium clips while In New Mexico
something is being done on the clean
basis Of scyenty-five "a eighty cents
The territory clip this year h said Ia
he generally lacking In staple ana this
fact adds greatly 90 the cost
while new territory woods are be-
Ing sampled freely. as a rule manu-
facturers are disposed 10 20 slowly in
taking on the current arrivals. Ne
dunn woods are being called Tor main
b. the general range In the grease
being thirty-fiye % thirty-seyen cents
for Soda Springs and Idaho three
eighths blood Transfers are noted Of
a hundred thousand pounds half blood
staple territory al priyate terms, esti-
mated 10 cost eighty-two cents clean,
seventy-fiye thousand pounds Utah
three eighths blood al thirty-siN cents
or seventy-seyen Ia seventy-eight cents
clean; one hundred thousand pounds
fine and fine medium Utah az twenty
seven cents or seVenty-eight 20 eighty
cents clean; Montana fine and half
blood staple az eighty-seyen cents
clean; shorter stapled woods. Utahs.
Arizonas and similar clips at seventy
eight 20 eighty-two cents clean.
Secured values for territory woods
have been advanced a little further.
The current quotations are eighty
five 20 ninety cents for fine staple
territory eighty-five 90 eighty-Eeven
cents for half blood staple, eighty TO