Show PEAK PRICES FOR WOOL I ARE AT END Cancellation of Clothing Orders One Reason for Decline Decliner r Boston Bosto May 20 The O.-The The price of ot wool slumped today a n. break brcak of ot from 10 to 20 O 0 por cent occurring occurring- at ot auction sales conducted hero under the auspices of or orthe the British government So Only seven mills took part In the bidding and put 30 por per c. c cent nt of or tho wool offered for tor sale wag ryas as disposed of ot Buyers V were er agreed that tho the peak penk of ot high priced for tor wools has passed According to the Commercial Commercial Commer Commer- cial Bulletin an nn authoritative organ of ot the wool Industry In this country countr the drop In prices reflected cancellations of ot orders for goods delays In transportation transportation transportation trans trans- and declines In the tho Liverpool and London markets for tor raw wool Manufacturers Manufacturers' representatives at the sale told of ot tho the return of ot goods to the tho mills In man many cases C principally woolens wool- wool one ons of cancellations of or other orders order's or ers now In tho the looms and of ot consequent curtailment already under way Some plants giants have discontinued overtime work Others have hao suspended night operations and a few tow have 6 ave reduced work to four tour or five days das a n. week It was stated however that a a. radical curtailment or shutdown of ot plants was not considered Imminent The wools offered toda today aggregated 18 bales most mostly merinos and other fine grades Only bales were sold these to sly nix mills I |