Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-12-04
From the Ohio Farmer, Dec. 81
The Wool Trade.

From our eastern exchanges we quote
without comment, the following to show
the reported spirit of the wool trade: aa'a
In New York, the Economist says Wool
has been very quiet another week, yet, we
think, with less disposition on the part of
holders to press sales, and with no spirit of
speculation, comparatively little wool has
changed hands; but the little that has been
sold has commanded better prices than
might have been expected Under existing
circumstances. Tie large amount of rain
that has faben daring the week has settled
the question with reference to the running
of the mills. There is no doubt that all the
factories are nowin full operation, and are
consuming now daily an enormous amount
of wool, which is rapidly, reducing the
stock in the hands of the manufacturers,
which every one believes has never been
extremely large this year; and the holders
Ofwool generally are Of the opinion that
all the wool will be required before an
other clip, though there may at no time be
a very great rush into the market by man
ufacturers, they knowing that If they
should commence and buy freely, prices
would as rapidly advance and as it is the
business of every one to buy as cheaplyas
possible, it is their policy to enter the mar
ket as cautiously as possible, and buy
as sparingly as their necessities will admit.
the market before New Years. The highest
price which the very finest and best condi-
toned wool brings at the present time in
this market is Soc currency. In our en-
deavors to obtain something tangible about
how far the price OF wool has given way,
we find them almost fruitless; a great many
say they have not sold for any less, nor are
disposed to abate one fraction of cent;
others say that the price has given way to
lHn hlNox on ca
revise our price listasl to represent the v8l-
ue at which wool is held, and if, by reason
of fpressure from circumstances, departure
| is made from those quotations, we cannot
| be held responsible, for we can only give
| the asking price. For entire lots of West
| erp157119 to 66c; Michigan, 62 to 60 to 6S to
zoe; Ohio, Pennsylvania and Virginia, 6S
to 20 to 75c; New York, SO to 60 to 6S to- zoe;
Western grades, coarse, 52c; medium, 56e;
fine, 60 to Csc; Michigan and New York.
full blood, 6S to 72c; "a do, 65 to 6716c;lk
do, 6215 to 65c; d do, go to 621ac; common
do, 90 to 60c: Ohio, Pennsylvania and Vir-
ginia full blood SaXony. so to Soc; full
blood merino, 73 to 75c; q do, 721a to 75c;
4 do, 70 to 721ac; ID do, 81 zoe; common
| do, 60 to &c." ...,... ..,..4s ..,-,f-...-.
In Boston the Com. Bulletin reports: "The
wool market exhibits no new feature.
| Trade is quiet as usual at this season, and
buyers continue to hold off or to operate
| only to the extent of present wants, which
! are not very pressing owing to the torpid
state of the goods market. There are no
large lots moving and'prepably will not be
till the close of the year, when manufac-
tarers, having squared their accounts,
usually begin to stock mp. There isA mod
crate inquiry for fine wool to supply those
mills which are running on light spring
goods. But even this grade is wanted at
rather low prices, and the views of buyers
and sellers are apart. Though receipts con-
| tinue liberal, tamounting to some 5000
bales OF all grades domestic, per week)
and rather, in excess of the current con-
sumption, the stocks of really choice staple
are BY no means large. The whole supply
in the country is confessedly inadequate to
the requirements of home manufacture.
1t will all, and more than all, be want
ed for consumption dnring the next few
months, as imports to any extent are out Of
the question at present prlces!i Prices
| for the lower grades of staple are rela-
| tiyely depressed and mostly, nominal.--
| Coarse woods are not wanted at this season,
/ and undesirable lots of Western could not
be forced off except at material conces-
siOn.h But choice parcels of pulled wooR
and of Ohio and PENNSYLVANIA fleece, suited
to the manufacture of Spring sackings and
| light fancy oassimeres, are not pressed upon
the market and cannot be quoted lower.
Sales of domestic tor the week foot up
some 375000 lbs. at a range of 90 to soc for
fleece, and 60 to 621ac for the various grades
| of pulled. The transactions have been
wholly in small lots, hardly worth while to
note in detail, and include numerous par
GELS of common Ohio at 20 to 721ac,, fine do
at 70 to 7Sc, and choice selections do at a0c.
There are.some fancy and double extFaluts,
however, in the market, which are held
above helast mentioned tigure." ylV
In Philadelphia the finest grades have
steadily maintained their prices, but tho
coarser have suffered slight Decline and
in very limiteddemand. Ohio finei squoted
at 70 to 75c, and full blood at zoe, ID, s.rrfuoa