Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1864-07-30
[From The Dubuque Herald, July 2O.l
from The Ohio Farmer. July 3o.l
The Wool Trade.

We have no new features to report this
week in the wool trade in this State. With
in ten days past large amount has chang
ed hands, in the central and southern part
of Ohio, being taken from the buyers by
the agents of eastern firms at from 81 tc
81 05; and the ideas of the holders now
range all the way from 81 05 to 81 20. II
is possible that the agents of manufacturers
might pick up good many lots in the State
ranging from $4,000 to $1,000 lbs each, for
about 81, as the holders in many instances
have paper to meet, and must realize.
OF the condition of the New York mar
ket last week, The Economist of last Satur-
day says: "Our market the past week has
been characterized by considerable activity,
but is still dull; that is, there is no regular,
steady demand, it partaking more of the
spasmodic order of things than otherwise.
The operations have been principally with
speculators, though manufacturers and
dealers have purchased to a fair EXTENT
The disposition to sell is no greater than
the disposition to buy. The seller is not
disposed to press buyers to buy, and buyers
are indisposed to purchase, the former an
ticipating higher prices, the latter lower
ones. The purchaser, in our Judgment, or
in any other mans that can see rod, will
be disappointed if he waits for any mate
rial reaction. A tight money market may
upset values. for little, but much higher
prices than have yet been reached will pre-
vail. and that, too, during September and
October. If woolen producers want cheap
wool now, they had better buy it immedi-
ately, in as quiet way as possible. If they
delay purchases much lenger, owing to the
'pinch' in the money market, they will
learn probably before the close of the year
they acted injudiciously. Wool Is now be-
ing exported from here to Europe, instead
of being imported. Strange contrast with
the last season. Domestic wool now ranges
from 81 to 81 1917; some are asking 81 Is,
and others refuse to name a price. One firm
alone sold 100000 lbs at 81 05, 10000 lbs ut
81 0S, and 10000 lbs at 81 10, the rest with
in the range"
In Boston, prices during the week were
higher than the quotations in New York.
The Ploughn,dn Of Saturday quotes the mar
ket as follows:-"Wool still tends upward,
with sales of about 100000 lbs. fleece and
pulled at S5c to 81 20, as to quality-includ-
ing 5000 lbs. Maine at 95c, $4,000 lbs, COM
mon Pennsylvania at 81, 10000 do at 81 10,
1900 lbs. Massachusetts, at $1, $4,000 lbs.
New York at 81 10 to 81, 121S and 81 25,
25,OO0 lbs. selling at the latter rate; $4,000
lbs. extra pulled at 81 06. and small lots do
at 81 15 to 81 20. The market at the close
may be quoted at 81 to 81 25 for fleece and
super and extra pulled, including the choice
grades Pennsylvania fleece at 81 Is, and
the best extra pulled at the same rate. In
foreign Wool, the sales have been 1l3 bales
Cape of Good Hope at 6S to zoe; 100 do at
7711ac, but even this high rate would not
pay present cost of importation within, 10
to lie; and 81 bales Mediterranean at yari-
GUS prices, as to quality" s