The Portage County Democrat. [volume] (Ravenna, Ohio) 1854-1868, 1863-07-01

WooL.-As yet but little wool has been
bought in this place, thesbuyers being unable
to come to the terms of the Growers Until
the latter part of the week the prices ranged
from 60 to 65c-and from that poise advanced
to 20 and 75c, at which point they now stand,
and above which as at present advised they
will not go. Upon Monday morning Poe &
Bro purchased 100000 worth at the latter
prices named. An Eastern Company that had
established a purchasing agency here, with
drew from the market, as the prices went ups
declining to pay more than zoe. Many far
mers are still holding their clips, and they of
course must be their own judges of the pro-
priety of this course. Below will be found
quotations from various points which reflect
the tone of the market, intelligently. ID.
THE Wool TRADE has opened here, but
sales are not extensive, the farmers being slow
to accept of present prices. The average
rates at present are about 60 cents. The clip
this year was not the heaviest O5erzsn
Nesos. . .z- t.7f.ss. So ..sf 4,
MORE WooI.-Dr. R. H. Walker, informs
us that he sheared from two year old buck,
19A pounds wool, one years growth Var
rem Chronicle.
| The Elyria Democrat says: "Wool is be-
ginning to arrive into market in small quanti-
ties, and the prices now vary from so to 60c.
Farmers are in no hurry to bring in their
wool, expecting yet to realize 75c. We have
no advice to give, other than to sell, when an
offer is made of all an article is WORTH"
The Toledo Commercial says: "There is
little activity in the market, the receipts be-
ing very small. Buyers offer SO to 6Oc, ac-
cording to quality"
The Springfield Republican says: /" Trans
actions in Wool in this market are yet small.
Prices range from so to 60c Small purchases
have been made at Charleston, we understand,
at Csc, but the ruling figure in the county is
60c. Growers hold off for higher rates and
buyers refuse to advance"
The Chicago Journal says: "Wool is qui-
ct at SO to 58c for medium to good grades of
washed.'' zz
Higher prices are now offered than hereto
fore, but the advance is likely to be but tenn
porary, and is owing to the fact that there are
many buyers in the market who want small
lots to supply the immediate wants of the
manufacturers. These agents having to obtain
the supply they want, conceded to the de-
mands of holders so far as to pay in some ca
ses as high as zoe for nice lots. We have not
heard of any higher figure being paid, and the
large buyers will not pay as high as this, CSC
will be with them the extreme figure
There is yet but little disposition on the part
of holders to part with their clip at these
rates, and only the wool is sold that is obliged
to be sent in to get money to carry on the
harvesting or to iquidate previous engage
ments.-C Cleveland Herald, June "a.
The Michigan Wool Growers do not seem
to be as reticent as in this region, and have al
ready thrown large quantity into markell
The Detreit Free Press says: Good Judges
estimate that nearly 100000 lbs. have already
been sold, prices ranging from so to 6Oc. In
the New York market fine woods are firmly
held at zoe, but the range for all grades is
from 62 q to zoe, with considerable inquiry,
but limited transactions mostly to supply
pressing wants. In Philadelphia extra fine
and fine woods are quoted at 6711 to T15c,
medium and common at 20 to 75c, unwashed
at 10 to 47c. In Boston there is very little
desirable fleece wool now offering under zoe
per h. Some lots Of choice super and extra
pulled have been sold at 80 to $50 per lb, but
these are extreme figures for the best lots in
the market. ~ ~ <E s-7
PRICE OF WooL.-The wool markets. now
fairly opened and from 60 to 70 cents is being
paid. The amount of wool offered for sale is
comparatively small. The profits of the
Eastern manufacturer has been enormous dur
ing the past year, even when the manufac-
turers had to pay one dollar per pound for
wool. The knowledge of this has determined
many of the farmers to hold on for higher
price Canton Republican. q