The Lansing state Republican. [volume] (Lansing, Mich.) 1855-1874, 1863-12-10

Prom tho Commercial Bullstln, De-. 8.
Toe wool market contirues very irm, with
Cat he close an increased disposition TO oper-
ate On the part Of tie huyers, IN view Of the
upSlTd tendency Of gold, and toe apparently
inceiuile suspe2slon OF causes which migk.
len1 % improve the cunercy and materially
increase the stocks Of doe foreign staple
Holders Of desirable grides. however, are not
arx ous 10 sell al present current rates, es II Is
evident that With tie present Light stocks In
the markets OF consumption and tha extreme
rates al which wool 10 held IA the interior. any
greet Increase In The volume o. trade must
ape duly compel higher range OF prices.
The receipts Of domestic A. present are very
light The process u buying up supplies OF
the part OF agents ana Cpe'EtOrs has been
chst ked ~ he increased demands Of growers,
ard business Ia the primary markets Is almost
entirely suspended, buyeTs ard aeilerz bsirg
apart Ia their Views. Prices are relatively SO
much higher nov In the Western ard Middle
5.htes than with us, that In tead Of afoFoing
margin for profit, wool csnnct be procuTed
10 any extent without Involving sn actual 10 s
10 mo trade. The oalncce of the unmarke,ei
Clip "a principally in s.Ong and pecuniariiy
Independent hands, who are a1undantly ALE g.
bold as long IS thoL' real Or imaginary inter
ese3is may dictate; and 1. Is appag eaLly u.sless
70 think Of securing this balance under present
commercial auspices, TIL c0neumcrs Of The
staple ara prepared 10 come no to a higher
range Of figures in the Eastarn markets.
IL the meantime there "a sn active iIq1lry
for iino wool, with steady cansnmptive de-
mand; aud manufacturers must soon be Ia
he market for considerable supplies OF this de-
SCI ipton for their spring aud sumuer goods.
Our correspondents who have lately Visited
the wool growing sections, report choice Ohio
heeces as betng hold hImy at 80l85o, PoDnsyl-
vanilla and Western Virginia do. at 80a90c, and
New York and Vermont ordinary at 75c, which
are abou, the selling rates In this market.
Medium and coarse woods are also IN b. ttel
req rect, with 60 upward tendency, In antci
palion OF heavy demand for army goods faI
She OUTFIT Of recruits now being raised under
the new drift. Thlsinquiry is tuiher prompted
oY the late rise IN the army k rseys, which art
now 1;rn at 81 10.
The market for foreign wool Is frner under
the gold reaction; but transactions are very
necessarily limited by the very meagre stoeht
Of desirable staple now Offering. These are no,
likely u be increased at the present rate OF ex
change and with the existing competition for
supplies for the European markets., wtert
prices, stimulated by the cotton fsmine, are
tending steadily upward.
The sales Of comcstc for the week foo. uT
some 6OO,O lbs. al asou. the previous range
OF 7lao5c for fleece, though we note o email
lot of choice PennsylvaBiA sold Of S71fc and
there arc several other lots now In the market
held at this rate. Included are 45. 0G0 lbs hne
Western at s4aS5c, So 600 do. medium Ohio
ard Pennsylvania at Soc, 120, 600 do fine do. al
S5c, 20, 900 Go. New York aud Illinois at 75a
soc, % GOO do. Indiana st 80a61c, 40 900 do IL
iinois at IKE, snd 4C 600 do. rejected de.aine
~ nc. Tie sales OF pulled have been moderate
At 16s90c, including New York super. at 75a
a77c, and do. extra ct sake.