The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1865-08-03
From the Ohio Farmer, July ~ !
The Wool Trade.


the past week has been a reasOna
bly busy one in Ohio that is, busy as
compared with the prior weeks since
shearing time. A good deal of wool ha.
changed hands at prices ranging from 5;
to &c, but mostly at 60c and shade un
der Some few choice clips-here ant
there one only-have been sold at Csc
From Licking we are informed that buy
ers are meeting with more success, bu
all refuse to offer over 60c In Greene
county, as we learn from letters, tn,
great bulk Of the wool has changed hands
at an average under Coo. In Huron an6
Erie the Sandusky buyers are purchas
ing freely-one of them closing the Other
day wool trade with an eastern house
of over $4,000 pounds, which had cost
him an average of sac The Sandusky
Reqister thus notes one days trade there
"Over % 900 pounds of wool were pnr
chased by our wool buyers yesterday
Of that amount C. c. Keech alone took in
over $4,000 lbs. Among few of the lots
we would make particular mention OF
the following clips: A. HOllister, 2,2S7
pounds; Mr. Fisher, 1903 pounds; J. Fore
man, l,567 pounds, J. B. Wits, $1,000
pounds; f. Caswell, 1852 pounds; Cas-
we'll, 1852 pounds; P. Root, 8, 1853 pounds;
J. Snowden, go pounds. All at 60 cents
per pound Where is the town that can
beat us, or the county that can show
heavier clips!" From the Harrison and
Jefferson region we have no report this
week
In Western Pennsylvania the trade has
opened, as we learn by the following
from the last Washington Reporter: "Af.
ter good deal of hesitation the wool
trade of our county has at last opened,
though as yet the crop is going off slow
ly. Up until within the last week or so,
buyers and producers were so far apart
that no sales were made; but since that
we have heard OF several thousand
pounds being bought at prices ranging
| from fifty to ninety cents, according to
quality We are glad to note one fea-
| ture in the trade this year which has
been wanting for several years past, and
that is disposition on the part of buy
ors to make more discrimination on ac-
count of quality and condition than has
been their habit heretofore"
Of the market in New York, the Econ
emist of Saturday remarks: "The activity
which we noticed last week has cOntinu-
ed through this now ended, and prices
are tending upward; nor is it considered
q spirit which is soon to be followed by
a reaction and another downward ten
dency, but it is looked upon as steady
gain, and some of our shrewdest and most
cautious dealers have improved the OPP
pOrtunity of low prices by purchasing
some Of the best lots i'm the market, and
will 10 doubt make handsome profits
Old wool is getting quite scarce, and the
new clip comes in very slowly and the
small lots are quickly sold as they arrive
1t is long time since the market was so
bare of wool as it is at the present, and
the holders of good wool are not at all anx-
ious to sell. In fact there are q few old
lots in the city that are not in the mar
ket, but are held in the confident eXpec.
tation that higher figures will yet be
reached; and we must admit that the
upward tendency in the price Of every
desirable kind of woolens and wOrsteds
and the great scarcity of many desirable
kinds, the up ward tendency of wool in Eu-
rope, the rapid sale in Berlin and the fact
that low woods at that sale brought good
prices, go to assure lis that the ball has
began to move, and we would advise our
friends to stand out of the way, or they
may get their toes crushed. We quote
domestic Fleece as follows: choice Ohio
and Pennsylvania, Is to Soc, = this is eX-
ceedingly good and light, and we'll adapt
cd for good broadcloths and the best of
cassimeres, and lower grades of the same
States, suitable for tweeds, shawls, fan
nels, Scotch mixes, Union cloth, from o.
to 7Oc.; good Michigan is worth 7Jc.;
while the lower grades can be bought as
low as 6Oc.; and some quarter-blOoded
new clip could be bought at 55c.; York
State, some very light and choice old clip
is worth 7Oc while other lots are held
from SIS to Csc, condition regulating the
price more than the quality; Western
from so to 60c Combing, 65 to 7Oc.; Cal
ifornia fine unwashed, % to 42c.; common,
20 to 25c.; pulled extra, 65 to 20. super
64 to SO; No. l, 60 to Csc. Foreign des-
criptions-Mestizo, 33 to 40c.; Australian
secured, &c. to 81; grease, 80 to 47c.;
Cape secured. S5 to 95c.; grease, 35 to
44c."
In Boston, The Shipping List says the
demand for domestic wool has been quite
active and the sales are only limited by
| the small stock on the market. Prices
are no higher but very firm, with rather
an upward tendency. Manufacturers are
taking all lots offering at the current
rates, and the sales comprise 10000 lbs
of fleece and pulled at from SIS to 75c per
pound as to quality. the fleece ranging
from SIS to rec, and the super and extra
pulled GO to 75c per pound. Included in
the sales were about $4,000 lbs. new and
fine Michigan at GA to Csc; $1,000 lbs.
old do, medium quality, at 62ac; about
100000 lbs New York State, Michigan
and other Western, from SO to Csc, in
cluding various lots; some lots of new
Maine at Go to 67tc; $4,000 lbs. fine Ohio
at 20 to re, but no really choice lots of
Ohio or Pennsylvania on the market {;
l2O, 900 super and extra at 60 to Csc; and
| number of other small sales at prices
noticed in the range above. The market
closes very firm for all kinds of domestic,
with stocks very much reduced The
new clip remains the same as previously
noticed. The extreme prices asked pre-
vent any movements, and manufacturers
are now picking up all the lots Of old
wool offering. besides turning their atten-
tion to Cape and Mestizo.
In Philadelphia the new clip begins to
be received, and prices during the past
week ranged fIom IS to SIC for Illinois
and Indiana, and 65 to 73c for finer grades
showing no material change Of prices
in that market