The Ohio Democrat. [volume] (Canal Dover, Ohio) 1840-1900, 1863-06-12

If growers get 60 to 65c. for their wool
they ought to jump at it. "A word in
time saves nine. We will not be sur.
prised to see old wool sell below &c.,
before the new clip, and if old wool,
which is always preferable to the manu-
facturer, sells at Csc. what is new wool
worth ? There has been some inquiry
this week but nothing as compared with
last. Manufacturers are buying from
hand to mouth to supply their wants.
Prices are unsettled and uneven. Early
in June we are to have aDother public
sale of Cape Wool; 600 bales recent
import, will be offered through MesSrs.
j. L. Atkinson h Co., auctioneers. The
sales the past week include 100000 lbs
Fleece, mostly at 7Oc., including one lot
OF 10000 lbs, another of $4,000 lbs, one
OF 5000 lbs, one of 10000 lbs, and one
10000 lbs and so on; 76 bales Mestiza,
IL bales Pulled Wool, 90 bales Cape,
6,O00lb Valparaiso, oil on private terms.
$1,000 lbs California at about 4Oc., and
$1,000 lbs Donskoi 45c, After the sale
at Boston 10000 lbs Cape sold there at
37c.n
Now as the editor of the Economist,
above quoted, has slept with the manu-.
facturers, we, as representative of the
producing interest, have slept with the
wool growers, and know from personal
adviceS and travel among the principal
producers, that they will not go into any
such market with their wool. The far
merS are now abundantly able to hold on
and they have deliberately made up
their minds to hold on, and ardant wool
buyers will have good time perSuading
them to the contrary. Our opinion is,
that these gentlemen in new summer
clothes, will waste good deal of Eas-
tern logic, cotton talk, and horse hire,
in their attempt to pick up the new clip
under the instructions they are now get~
ting from their employers.
WOOL MARKET IN BOSTON.
The Economist continues its report of
the wool trade in Boston 1.-THE wool
market has continued quite dull through
out the week, and prices have settled
down to comparatively low figures, ru.
ling some 20 to 25c. per lb below the
highest point for fleece few months
Some lots of fine aeeces, for which 81
per lb was refused when the market was
so excited, can now be purchased at SOC.
and this may now be considered the out.
side figure, although some lots are still
held higher. There has been consider
able inquiry from manufacturers, but
they purchase only in small lots, few
thousand pounds OF time. The stock
in the hands Of some manufacturers is
quite light, but as long as goods are as
dull as at present, we can not look for
any activity or improvement in the mar
iet' A few days of activity in the goods
market would no doubt impart more life
md buoyancy to wool. The transactions
VI the week have been 100000 lb fleece
md pulled from 10 to S0c for fleece,
md 10 to S7ac. for pulled, some 5000
bS Rochester extra selling at the latter
ate, and Billings extra is nominally the
'ame price. A good portion of the
leece wool was New York State at 70c.,
md the sales also included several lots
'f choice Ohio and Pennsylvania fleece
1t SOC. per lbs which is now the outside
'rice. A lot of Canada pulled sold at
'9c. There is no Canada fleece in mar
iet, and prices of this description are
lominal. A lot of unwashed fleece sold
It Soc. per lb. In foreign wool the
business has been light. Sales of 100
'ales of Cape, extra quality, at 37bc.;
$1,000 lbs. Cordova sold on private
erms; 66 bales Morocco at about 325c.
nd S6 bales Mediterranean and Cape
t various prices as to quality" !
"In Philadelphia, the unsettled con-
ition of the market reported for some
me past still continues, and prices are
regular and lower. A few small lots
f Jersey have come forward and sold
t IS to 6Oc. for washed, and 4Oc. for
nwashed. The new clip from the West
i'll soon be ready for market. Among
le sales this week, we notice: $4,000
IS low grade and mixed at 1885,; 10000
IS common and medium at 7Oc.; 10000
IS medium and fine at Ct to 7Oc.; and
900 lbs pulled at SO to 60c. ."-Ohso