Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-09-11
NUMBER 63.g
lFrom the Ohio Farmer, Sept. sthl
The Wool Trade.


, the faith that is in us in regard to the fu-
ture prices of wool. The transactions of
the present aresignifcant, so that he who
runs may read, The large auction sales
In New York have raised the summer
blockade, and review of the business of
the last three months has revealed the fact
that under the quiet exterior of affairs,
there was an active under current in the
right direction. Even the editor of the
Economist, who is an adroit tide, waiter be-
tween the Scilla and Charybdis of manu-
, facture and production, has discovered
: turn in the waters, and now indites the fol-
lowing significant paragraph:
TT is now considered that the dull season
of the wool market is closed, and many are
now anticipating lively times. 1t is a. ques-
tion with some whether we have not been
doing more than an ordinary business for
the months of June, July and August
Many have been comparing these months
with those of last year, when everybody
| was rushing into the market to purchase
before the tariff took effect, and the sup
plies they then laid in and the large amount
Of machinery stopped on account of the
extreme drought, destroyed the tone of the
market, which it has not yet regained; but
if we compare the business done the last
three months with that done in the corres-
ponding three months in ordinary years, we
shall find that the balance would be in favor
of those just ended. wv tf''.i 3'@
And ii we take the average of every
month in the last twenty years we shall
, find that the month of February heads the
list. So that now we are returning to the
regular habits of trade, we ought not to be
surprised.that we are having rather quiet
times, particularly when we consider that
there has been such determined effort to
prevent an advance in price, and also when
the condition of the currency has forbid
speculation. 7 Yet there have been some
OF our very quiet and cautious dealers who
have been operating very shrewdly in buy
ing cheap lots, and are very, confident that
they will have a fair return for their invest
meht.' Notwithstanding the small amount
of business done, stocks accumulate very
slowly. No places that we are aware of
are crowded, and many houses are selling
about as fast as it arrives and is put upon
the market. There is no alteration in
prices since our last. Our quotations are
as follows Entire lots of OHIO, Pennsyl-
vania and Virginia, 67, 20, 73, to 75c; entire
lots of Michigan, 60, Co. G7, to zoe; entire
lots of Western, 55, 81, 60 to 65c; Ohio
Pennsylvania and Virginia common, 60c;
ID blood, 65c; p blood, 70,; % blood 75c;
| full blood, so to SIC; Michigan COMMON, 57c;
| ID blood, 62c; % blood, 67e; 81 blood, 72c;
l
65r; % blood 65c; "a blood, 65c; fun blood,
| zoe; Western, common, Doe; medium, 60c;
| fine, 65c; combing, 65 to 70c. Nous. de
| laine fieeces very scarce-the' fact is that
| medium feeces, from which large portion
of. this class of fleeces are taken, are in such
! good demand, few would be willing to have
the delain taken from them except at a
price whichis not yet-defned.' 'Tr,
OF the New York wool trade for Aug
ust, Messrs. Telkamrt & Kitching report
that it was moderately active. 1t was in
fluenced by the various auction sales of
domestic and foreign wool. The private
sales were lessened, however, but there was
no particular change in prices. Notwith-
! standing, full market rates or nearly so
were paid for the desirable rates of Mes
| tizo; and unexpectedly high prices for old
Ohio fleece (Which had been detained), the
| most of it was withdrawn with the expec-
tation of an Improvement in the market.
In Philadelphia, the circular of Coates
Bros. says: The supply coming forward
from the West has been steadily increasing,
and during the last two weeks there has
been considerable accumulation of stocks
in the Eastern markets, which are now well
supplied with all kinds except the strictly
fine grades of Ohio and Pennsylvania,
which are still scarce, in consequence Of
the extreme views prevailing among the
growers in those sections-a very small
portion of those woods having yet found
their way to market. ,.. A .id ... 81
/ In Boston, the Plougiman says that prices
remain without change and holders firm, as
the wool market could not be replaced
except at considerable advance on the cur
rent rates. Manufacturers are, however,
purchasing cautiously, but the demand for
goods is so active that they will not be able
to keep out of the market for any length of
| time. The sales of the week haye been
100000 lbs fleece and pulled at prices rang.
ing from go to S211ac per lb. as to quality, In
grades of extra pulled The sales embrace
some considerable lots of Wisconsin, Michi-'
gan and New York at 81 to zoe per lb, Zoo - , a
The Picnic at Hitler's Grove, on the 18th
49, IL III Al. ....sli