Inter-Mountain Republican | 1907-04-21 | Page 23 | Slump in Wool Market.

Slump In 1 I According to men inen Interested In the wool which Is being throughout through out omIt th tiit state slate this Kenson there is a au u slump In the movement of that iha Commodity Tho Tue reason given 1 Ls that tha the tue K still have a supply on oil hand from from last season Only that tha part pant of lie crop which was WIK ed some Ume ago is being shipped the remainder being piled up at t the lie shipPing ship ship- ping points or stord away until It ma may bo be called il for The light demand ant and the consequent slow movement is hold hold- Ing the price down and 1111 it seems apparent ap ap- parent that some of ibm Die buyers are arc waiting with the Iho expectation of getting get get- tins ting a supply at itt even less hess than pre prevailing railing prices The wool owners do no pot seem worried over the tho situation as they feel that tho demand for far the their crop will mine 1 sooner ier or later amId they are willing to hold back their shipments until a heLter better price Is oC of- ered