Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1844-01-19
WOOL.

he market for this article within the year
which has just closed, has been subject to many
important changes. Al the commencement, of the
yeav 1913, the quantity OF domestic and coarse
foreign wool in the country was unusually largr,
the market much depressed and prices very low
great amount Of woollrn machinery was unein
pIoyed, and The woueu business, generally was
pursued, eilher ut u loss or wthuu, fair retnunera
tion The effects Of the last Turf had not been
sufficiently realized to produce revival in bust
ness. This state OF things continued for several
months, aud the las, clip OF wool was sold much
below tile usual range Of prices. The growers
generally realizcd from 30 10 30 Gems per pound
tor their feeces. The average price, il ls believ-
ed, did not much if my, exceed % cen,sa pound.
Inc last clip was large one, and came into mar
kct with at least an addition OF hall much more
OF former clips, which had uccumulated in the
hands of growers aud dealers. The increased
quantity Of Wool sent from Ohio, Michigan, aud
some olher Interior states, was matter Of SUE
prize. The time is not Tar distant, nhen large
portion OF this article will he furnished from The
western section of the country, us the farmers
mere are fast increasing their focks.
RULED W DOL, twelvemonth since, had accu-
mn,ated TO greater extent than atany former pc
ROO, IN consequence OF the grent falling off IN the
manufacture OF hanneis aud other fabrics, com.
posed principally Of tbs description Of WOOL
very heavy stocks of wool, admitted free Of duty
under The iormer tariff, were in the hands Of tho
importers, wllh scnrtely any discount. The un-
preceden'ed low price Of Fleece Wool, led man.
ulacturers to purchase freely Of growers, as soon
as Tue chp was ready for sale. Dealers also were
rea"y 10 operate more extensively than usual aud
Tue 3sult was, that nearly all the Fleece Wool ia
hrst hands was sold in the months OF June, Jul,
ana august, and the amount brought into the sew
eraI markets was uucomm0nly large. The man
uIacluters baving bought freely of the growers,
rendered the demand III market much lees than
usual lhIs state OF things continued until within
the last sixty days when Il sensible change in the
market has taken place. The early supply OF mt
ny OF our manufacturers being nearly exhausted,
lhty were under the necessity of looking 10 the
principal markets tor n renewal OF their stocks
anu sales OF fleeces have Of late been made 10 u
great extent, at some Improvement in prices
RULED WOOL las also bfea IN good request, aud a
greater advance has been made in that article
than III Fleece. The resumption of the manutac.
turc OF coarse Wool, has created "a great demand
for this article, and the heavy supplies ia marke,
lew months since, have very much diminished.
There is now IN operation FROM 25 10 so Iier
cent more OF woolen machinery than there was a
year ago. The effects oil The tariff hive begun 10
he fayoraby felt, aud the WOO en business will, no
doubt, lie pursued with lis former vigor.
The improvement in the fabrics connected with
this branch OF business, withn few years, have
been very great. The manufacture Of Mouseine
lie lanes has been Introduced, aud is likely TO I've
iavoraby and extensively pursued.
Aheie 10, probably much less wool now ia the
liahds OF The growers, lhaa at any ioruier period
Tor many years. The stocks of dealers, although
not unusually large, are sufficient to supply the
demand for The present. and it is reasonable to
expect more tirnuess ia the market, even If uri-
ces should not materially improve .-Bostou Cour.