Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1865-10-23
QDbto Statesnra1,
From the Ohio Farmer. Oct. 2I.l
The Wool Trade.

We are told that during the past two
weeks very large amount of Ohio woods
has been shipped East, composed mainly of
lots heretofore picked up by local buyers,
very little of it being taken rect from
the hands of growers. And yet the process
parts of the State, at the rates that have
been current for the past two months-that
Is, from 60 to 70c. in the majority of cases
reaching near the last figure. Many grow
ers are holding steadily for five to ten cents
above the rates offered; but the shrewd
buyers walk round such men and buy
where there is less nerve, expecting to nar-
row the circle around the firm ones until
they may begin to fear that they may be
left without purchasers, and then-cave in.
Will this process produce the result desired
by the buyers? '--. a.s
The market, for the past week in New
York, was a very quiet one-but q small
Quantity changing hands, at figures ranging
from 62 to 75c. From the Economist we clip:
"The market has not been subject to any
OF the starts and excitements which char
acterized 1t other years. Other commodi-
! ties have run up to a high price, then
broke and tumbled down again. Cotton has
fallen rapidly and again bounded suddenly
upward to fall again, and followed by
another advance, while the weekly report of
wool has been quiet but prices steady. And
yet amid all this quietness it will be found
that very large amount of wool has been
disposed of-much more than many persons
are aware of-and though many manifest
great Indifference to purchasing, yet they
will find that just as soon as they obtain a
plentiful supply of water the cry will be
scarcity of wool. Fine wool is very
scarce in the market now, for which there
is brisk demand, and for choice selected
grades of Ohio, Pennsylvania and Virginia,
from so to Soc could be readily obtained-
Medium grades are also in request, but the
lower grades are somewhat neglected, still
they are not accumulating in the market.
The past week may be fairly designated
holiday week among wool men, and it Is
certainly quite refreshing to see the indffer-
ence to sell manifested by dealers. All admit
that business is dull, but cheer themselves
with the idea that trade is good. A conces-
sion of &c per lb would start up lively
trade, but they say, ''we intend to have the
trade and the two cents, it is simply ques-
tion of but few days time" Remember,
this is not our opinion, but the expression
OF some of the leading wool men in the
city. .
The Shipping List notes an improved mar
ket in Boston, and reports: "The receipts of
domestic wool the past week have been 5,435
bales against 4,3l7 bales for the correspond
ing week of 1864. The demand the past
week has improved and the sales have been
pretty large, but we want good supply of
water to start up the small mills now idle,
to impart considerable life and activity to
the trade. No change to notice in prices,
but there is a firmer tone, and leading hold
ers are confident that better prices must be
realized before many weeks, particularly
for the finer grades, which must soon be
purchased freely for spring goods. The
sales of the week add up about 100000 lbs
at from 60 to S21Sc TOR fleece up to Soc for
the best grades of extra pulled. Included
in the sales were 10000 lbs choice Ohio
and Pennsylvania at so to S21ac; 115,0O0
lbs at from 63 to 7Sc, including Illinois,
Michigan and other Western up to fine
Ohio at the latter rate; 10000 lbs low
New York and Wisconsin at 65c; 10000
lbs fine Ohio at SEC; 10000 lbs Illinois,
Michigan and medium Ohio 61%c to 72c;
1000 do do at 69c; 10000 lbs at from 64c for
Illinois up to 711ac for fine Michigan; q,
900 lbs fine Indiana at 73c; $4,000 lbs COM
mon New York at 621sc; $4,000 lbs, mostly
Ohio and New Hampshire, at 7l1ac; $500
lbs lambs pulled at SOC for super, and 81 "a
to Sac per ID for extra. The market closes
fine for all kinds. In California woods
there have been sales Of $4,000 lbs at 42c
per lb. Canada wool has been more in
quired for, with sales of 10000 lbs comhing
at 7lc, and $4,000 lbs at higher figure.
This description ranges from 20 to 7sc as to
duality"
: In Philadelphia the Com. List remarks
very firm feeling in the market, and a
steady demand from the manufacturers,
the inquiry being chiefly for good, medium
and fine woods, part for the supply of
Eastern manufacturers. The range of
prices was from Sd to 7Sc; the former price
for half blood Indiana, and the latter for
fine.