Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1866-01-31
Boston Wool Market,

January 2O.-The wool market has ruled steady.
with = fair demand during the past week, nOtWith
standing the huctuatiOn in gid and general va
ues, 1T i a noteworthy fact that the la'e decli q
in specie prices. though materially affecting the
relative values OF the domestic and foreign staple,
mas not involved any corresponding decline in the
former. If is actually realizing better prices to-
day, by 263c = %. than Il did while selling at tue
same currency rates before the tall in cid. 80
long as it holds its own, and does not share the
general d JWuward tendency of commercial Na'ues,
sellers certainly have good reason u be satisfied
Manufacturer seem 10 realize that it Is better TO
buy hne wool at I7c now. than to give that price
when the currency shall Approximate n gold basis.
They are raking round lUIs Of choice staple. with
but little hesitation. At sellers prices; and for very
choice select parcels they are paying extreme rates.
La fac, for the fancy clips of Pennsylvania and
West Virginia, which have all along bees held
above the m trket, there Is now an active compeu-
ton. and commission mernhsnts will have no diff
f-ulty IN dispOslng Of their reserves al satisfactory
prices.
The consumption demand is by no means limited
to fine wool. though Inis description commands
relar lively high rates. The medium and low grades
are beginning to be more inquired Tor. especially
the Ong-stapled varieties, owing to the peculiar
style I goods now IN vogue both IN the foreign
and American markets. Ii the taste of consumers
continues 10 run upon this extreme. 1t is vety like
fy the popular fever among growers for producing
full blaoded SaXOny and MerinO wO0lsNFlii soon
be abatei. We do not say that u b a result is de-
sirable. but It IS very evident that s nee the close
of the war. the coarse wODls of the Vest have been
TOO mueh neglected and forced below their relative
value.
There IS no Danger. however, lnaI the supply OF
fine domestic wool will S on, if ever. be in eXce-s
oil the wants of consumption. Il is i~ndIspens able
to the class of fabrics req ,ired for popular health
and conf 1T during a large portion of the year.
and will always be preferred as a matter of taste,
BY a large elias of we .rers BnO pay out lit lie at
tentiOn 10 fashion. The stocks OF this description
available before the next clip. are being rapidly re-
duced, and will evidently need 70 be supplemented
By considerable impOrIatiOns before the close OF
the season.
Fine foreign woods are coming forward slowly
from the English market. Unless gold shall mate
rally decline. ey can hardlr compete, Ia any ex-
tent with the domestic article. There Is no. much
here at present, bUC q moderate stock of Cape in
New York offering at rates corresponding with the
price of gold.
Sal-s of domestic for the week foot up some6j0.-
90 bs. at about the previous range OF 559SJc for
fierce, and o. csc Tor stp,r and extra pulled
Outside of these figures. We hear of 6J.U4J 1S choice
selected fleece. sold at Sic The bulk of the tran
sac iaas were in straight lots of good Ohio fleece
at ESQ., &c. Canada cumbing Is firm and in gOOdr--
quest with sales at 80 Oc. In foreign there have
been smal sales Of Cape at SA943c.