Show Wool V Situation Situation LeiA Lei ol A J ration patio wide e lIt dY of 1 the e woo wool situation i n y tIr c convincingly J shows that tha wool is lt in a strong position In one way this is shown by the cleanup of raw lW wools wool i ln Texas reu and the rapid movement of of ot buyers Northward and th their ir consequent 1 lt free buying Prices were fully up to to values valdes es paid In February February Feb Feb- subsequent losses s being wiped out Also the goods n showed an til 01 ebo About t Sent cent nt in nor the fb four months of bf t 1927 over a s 's a lIk like period in ia 1920 1326 This increase Ws s' s due le e t to the needs needs' of II b buyers and aril W was a not not l t ve The he reduction f n stocks stocks' oc bot both foreign and domestic strong r e tendency i of 10 of wool St f oo 1 bond oth other r than carpet in the th I Boston Dos Bos ton dl dj on June lilt w WM was about abou t i t 35 U million pounds which whicK W was Ws was s only Y tY ab about ut 45 per lei c cent nt as s great L On A Jun r in JJ g U r pr-ir pr vr r o t 9 With tb th the ab above v. v conditions O it R is J. J likely ety t that that at ma manufacturers manufacturers' t ct rs' rs will feel a shortage otwool re next f fall M Many y off oft the h wise wil manufacturers ri rih h hav t. Mock Week t h holdings f m a year ago although stocks stock's in in bond bon b both th domestic Io nestle it nd are con consi con con- n si IC less I during lt lb Recent advices from Boston in indicate indicate in- in that new wo woos s are alow In arriving ar riving livin and that f the activity y is g sections Demand for wools I d broadening broad broad- ening with a n slight plight strengthening lg In f II prices wh while l pric prices paid ld in the western west west- cm ern states a are are t Q best best of f. f the h year Many Jinny producers are ale storing their clips and refusing to sell at at present plesent prices in anticipation of higher levels le This is is' generally conceded to be n a wise plan where storage facilities are sufficient to handle bundle supplies At the present writing about half of the California clip dip of pounds oun s has hils itts already left the growers hold by br purchase to warehouses for storage storage stor stor- age o or east ast on consignment Intermountain Intermountain Inter Inter- mountain states are ale bett better r cleared of wool at this time than han for several se years rears past while Texas buying I Is du due to o end nd shortly q i |