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Montana wool market holds 75 percent sold at steady prices
RE A Gray of Butte, a rail representative and wool expert, reports 75 to 80 percent of Montana's 1922 wool clip has been sold at 30 to 41.4 cents per pound. Total Montana clip 15 to 16 million pounds. 20 to 25 percent remains unsold, held by growers awaiting tariffs or consignments to National Wool Warehouse. A Deer Lodge sealed bid sale of 750,000 pounds failed to meet offers. Mol ybdenum strike near Libby yields ore valued around 80 dollars per ton.
MENTIONED IN THIS ARTICLE
RE. A. Gray
Butte
Chicago and Northwestern Railroad
Montana
Gray
Mr. Gray
National Wool Warehouse and Storage Company of
Chicago
Deer Lodge
Williams and Pawley
Avon
Gold Creek
Congress