WOOL IN AMERICA.

Dominion, Volume 5, Issue 1548, 18 September 1912, Page 10

WOOL IN AMERICA.

Our London correspondent on August 2 state?:—. The latest mail from Bcston.. U.S.A., states that the centre of interest in the wool trade' has been transferred -from (he. West of Boston'; as most of.the new territory wools have been cleaned up, and only in.! Montana is there any considerable amount of wool unsold. Even in. that State iho wool, unsold is not estimated.at over .4,000,00011). to .5,000,00011)., the test authorities inclining to the lower figure. Jn Tdaho, Nevada, and Utah very little wol is left unsold, and. the same is true of-Oregon and California. Witliin .the past few day? buyers have practically gone through in" New , Mexico and Wyoming, and most of them' are returning' home. Texas is also wpll.cleaned np, and buying is over in that Slate. The.new wools are now arriving in Boston, though the receipts of. the week are considerably be■l6V.the total of last year. Shipments are moderate, ami there is considerable accumulation, though much of the wool in storehouse , * is held for manufacturers' account. The smaller volume of trading has apparently had'no effect'unon value?, as prices .arc fully maintained on the level ■ recently .quoted, for all territory wools, while further advances have been noted in'medium .Heeccs. ' '■■■■