The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1916-06-21

maINet OF late hrt" been sold this
week az prices uudrr the level Of
values which I would seem must be
demanded for the ucW wooIs ~ ~
dor to let she dealers out whole, let
alone with Il profit y stable line Of
Montana wool boz the original BAGS
h Understood To- have bc,u sold At u
price slightly under SO cents. 80 h q
the line staple IL graded out land the
ciip was a staple oncD would have
cost about 50 ccnts IN all PROBABILITY.
~ against this price, iealors CON
tend that They can hardl, anord I"
ash less than az 50 cent clean basis
Tor tn" new nnc staple graded and
probably they VIII ASK more some
hnlf-blood Montana is quoted ~ the
market At fSHNO cents for old wool
but no sales are reported. quarter
ANA thtec-cights territory are report
ed sold at prices varying from about
3g cents TO 3Gia cents. depending y
uu the condition and shtink of the
wool These woods VII probably
.ost clean basis, about - cents. In
,Iudcd in these sales are some Nyum.
ing ANA u is Understood some TIL
angle woods have also been sold al
this range Of values.
Except for territories. the market
for domosti, woods has acon rather
luuiot and there has boon no marked
activity Boo territories althoueh u few
!utrl, slzcabIr ,aics nave been made
during the wees. These sales have
been principally ui old woods. how
ever. ana have been ~ ur'cos owe
than the cost OF replacing 10 sam"
Wuuls today.
The elements u strength IN the
Wool situation nave multiplied rather
than decreased during the past wees
although prices have not showu ans
particular advance. taking the mar
k.t as a whole Prices, however are
very firm IN everything and the tend
xncy j. towards q higher basis.
III. transfers Of wool have been "f
fair volume again this week. tuciud-
INK a considerable proportion of do
nestle wool both old aud new az well
az foreign woods of limos every
KIND availabl. iu the market u sup
plies OF good woods are none too
plentiful. There has been more or
less trading betwc,u dealers a. well
as a fair demand from h mills.
The sales IN sydney this wees have
been on "a very nrm basis, the hcs.
combing CAS- being estimated accord
ing To the adNtccs IN several cables
~ close To or quite a dollar a pouhd'
clean landed. some adyices. however.
Indicated that good coinbing WOODS
could b. had to some extent AZ about
30 q, a % cents white top-making sorts
were available at about 30 cents clean
landed and bury and shabby WOODS
at about 81 n SO cents clean land
ed. respectively Good secured comb
ing Australian woods were sold AT -
cent? and cuured cardins woods at
", cents. These prices, the top OF
the season. were made with Anieri-
IAN competition eliminated, only at
lied countries being permitted to COM
pete IN tn. sales There win he a
sale OF about 1000 bales at Mel
bourne.
some talk of an embargo being
placed AZ tn" cape this week has been
caused by the receipt 10y one import
ing hourr of a cable tu the effect That
such an embargo n imminent. How
ever. the accuracy of this report *
doubted by not q few IN the trade, in
asmuch as the wool pow available
At the Cape are not especially usctUi
90 the English trade and the long
cumhing woods Whl not DE aNailahl"
until next autumn. Il would not be
surprising To So, some such action
ON mohair. however, ON account, OF
the prices to- which that staple has
,iscu 81 tn" cape. namely -" -
cents Tor nrsts, aud the desire oil
English spinner tu secure h staple