The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1865-12-06
From the Ohio Farmer ]
The Wool Trade.

The Wool Trade.
From our eastern exchanges we quote
without comment, the following to show
the reported spirit of the wool trade:
In New York, the Economist says: :
Wool has been very quiet another week,
vet, we think, with less disposition Oh
the part of holders to press sales, and
with no spirit of speculation, compare
tiyely little wool has changed Lands ; but
the little that has been sold has COM
manded better prices than might have
been expected under existing circum-
stances. The large amount of rain that
has fallen during the week has settled
the question With reference to the run
ming of the mills There is no doubt
that all the factories are now in full op-
Grafton, and are consuming now daily al
enormous amount of wool, which Is rap
idly reducing the stock in the hands of
the manufacturers, which every one be-
lieves has never been extremely large
this wear; and the holders of wool gencr-
allv are of the opinion that all the wool
will be required before another clip,
though there may be at no time very
great rush into the market by manufac-
turers, they knowing that if they should
commence and buy freely, prices would
as rapidly advance; and as it is the busi-
ness of every one to buy as cheaply As
possible, it is their policy to enter the
market as cautiously as possible and
buy as spariugly as their necessities will
admit We do not look for anything
very lively in the market before New
Years. The highest price which the very
finest and best conditioned wool brings
at the present time in this market is $50
currency la our endeayors to obtain
something tangible tabout how far the
price OF wool has given way, etind them
almost fruitless; great many say they
have not sold for any less, nor are they
disposed to abate one fraction of cent;
Others say that the price has given way
to some extent We have endeavored to
so revise our price list as to represent
the value at which wool IS held. and II,
by reason of pressure from circumstances,
a departure is made from Those quota
tions, we cannot be held responsible, for
we can only give the asking price. For
entire lots of Western, 574 to 66c; Mich.
igan, 81 to 65 to 63 to zoe; Ohio, PENN
sylvauia and Virginia, 6S to 70 to 15c
New York, 50 to 60 to 63 to zoe; Western
GRADES, coarse, SIC; medium, Soc fine, 60
to Csc; Michigan and New York, full
blood, 6s to 72c; I do, 65 to 67ic; do,
624 to Csc; do, TO TO 62ac; common do,
So to 6Oc Ohio, Pennsylvania and Vir-
ginia full blood Sayony, 50 to S5c; full
merino, 73 to 75c; do, III to 75c; do,
20 to 72tc; do, 67 to zoe; common do,
20 to &C."
In Boston the Com. Bulletin reports
The wool market exhibits no new fea-
ture. Trade is quiet as usual at this
season, aud buyers continue to hold of
or to operate only to the extent of pres
ent wants, which are not very pressing
owing to the torpid state of the good
market. There are no large lots moving
and probably will not be till the close of
the year, when manufacturers, having
SQUARED their accounts, usually begin to
stock up. There is moderate 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 sell
iers are apart Though receipts contin-
ue liberal, (amounting to some 5000
bales of all grades domestic, per week.
and rather in excess of the current con-
sumption, the stocks of really choice sta
pie are by no means large. The whole
supply in the country is confessedly in.
adequate to the requirements of home
manufacture. 1t will all, and more than
ALL be wanted for consumption during
the next few mouths, a, imports to any
extent are out of the question at present
prices. Prices for the lower grades of
staple are relatively depressed and most.
ly nominal. Coarse woods are not want
ed at this season, and undesirable lots of
Western could not be forced of except at
a material concession. But choice par
cells of pulled wool, and of Ohio and
PENNSYLVANIA fleece, suited TO the manu-
facture of Spring sackings and light fan.
cy cassimeres, are not pressed upon the
market aud cannot be quoted lower
Sales of domestic for the week foot u :,
some 375, 900 lbs. at a range of So to Soc
grades of pulled. The transactions have
been wholly i'll small lots, hardly worth
while to note i'll detail, and include MI
merous parcels of common Ohio at 10 to
72ac, fue do-at Is to 7sc, and choice Sc
lections do. at SOC. There are some
fancy and double extra lots, however, in
the market, which are held above the
last mentioned figure"
In Philadelphia the finest grades have
steadily maintained their prices, but the
eoarser have suffered slipht decline
and in very limited demand. Ohio fine
is Quoted at 20 to 75c, and full blood at
79c