The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1866-11-21
COMMERCIAL RECORD.

EOSTDS.

BOSIUS.
The market, according TO the Bulletin,
exhibits no improvement, either IN de-
mand or prices. On the contrary, with
the goods market unnaturally and I'M
seasonably depressed, buyers are asking
further concession, and obtaining II
in some cases. In fact, manufacturers
utterly refuse to increase their supply OF
material unless they can make their
own prices; and in doing so, they are
ALWAYS careful to make them low enough
to offset any risks incurred in the oper-
alton. If they buy at all, they must
have bargains. Cheap wool and the
low cost Of production are the only al
ternatives for sustaining itself, in the
present depression of this branch OF the
manufacturing interest. Its represen-
tatiyes are awaiting, with great ankle
ty. such legislative action, at the com
ing session of Congress, as shall relieve
II of some of its extraordinary burthens.
Most of the small manufacturers are
known TO be short of staple, and the
purchase of small parcels, to keep their
machinery il operation, is with them a
periodic necessity. But they generally
manage TO pick mp cheap lots Of West
ern Wool, which holders are anxious TO
close ont. and are selling at relatively
low prices. The low and medium grades
of Western fleece are now in very small
stock, as the seasonable demand has
run on those descriptions.
Sales of domestic for the week foot mp
some 450, 900 lbs, exhibiting wide ana
irregular range of prices, and includidS
considerable lots of Western fleece at
.2a5Oc, Michigan and Indiana ut 45a5oc;
New York and Vermont 1T 45a53c: New
Hampshire and Maine at 45a57c; Ohio
and Pennsylvania at lOa53c for medium:
55a5Sc for fine, and 6Oa65c for extra ana
double extra, including few small ana
very choice lots 1T outside rate. Pulled
woods are very dull, and have been sell
ing in small lots at 30a35c for No. |, 5Uao3c
for super, and 55a72 for Western and
Eastern extra.
NEW YORK.
The market, says the Economist, still
continues very much depressed, although
there are more lockers on than there
were week ago; but nobody buys or
intends to buy without they can obtain
n bargain; and wool to be n bargain
these DAYS must be something like DC
less than the asking price, and the price
must be two or three cents less than
quotations, or otherwise none would
care even to look at it. The mills now,
as general thing, are on summer goods
at least they are running ont their
winter STYLES; and the stock which they
are now buying is for spring goods; and
manufacturers are now buying fOr goods
which they cannot realize upon for two
or three months to come: and with
present prospects before them ii GER
tainly must be considered evidence of
either courage or folly to continue to
buy wool and run their mills with such
small basis for probable return OF
their money. There are hut few who
have much hope for the fllturc--all are
looking, hoping, and expecting that a
better day is near ut hand. But ask
them upon what their hopes are based,
and all are puzzled To give an answer.
In fact, the great hope of all ls-and 1t
is also their earnest desire. and, If they
ever pray, it is their earnest prayer
that their worst fears may not he real
lied. The wooden business and wool
trade are both completely Frustrated,
and to what source to look for relief
none appear to know.
The sales for the week include about
$780, 600 lbs. Fleece ranging from 42!a
5sc, with some very nice ut 6Gc-includ-
ing 10000 lbs prime extra Iowa, i23c;
and Is, 900 lbs nice Michigan ut SIC.
PHILADELPHIA.
Wool has been very heavy, says the
List. Manufacturers CON
tinue quite reserved in their operations,
the dullncss of the goods market olivia
ting the necessity of laying in stocks of
the raw material, and with more sellers
than buyers all through the Autumn,
prices have been gradually settling
down till at length it is believed they
have touched bottom. This was thought
to be the case two months ago, and yet
prices continued to fall, but they have
at length settled down to point below
which the staple cannot be afforded, and
beyond which sellers do not propose To
go. The sales comprise:
5000 lbs Ohio extra fine fleece at OOa
6Gc $4,000 lbs Ohio fine at G6c; 10000
lbs medium and fine Ohio at 55a55c !;
1900 lbs tub Mt 5OaGJc 10000 lbs com
mon and ! blood at 49a5Gic; 10000 lbs
mixed fleece soc: 1000 lbs ! blood ut
soc; 5000 lbs Western pulled at 42c;
10000 lbs Western pulled at l2c: 5000
lbs No. l pulled at ioc; 2O,GUO lbs
Lambs pulled at 31!ai0c; 30, GOO lbs fine
unwashcd ut 3ia3icl; 10000 lbs COM
mou unwashcd ut 3Oa3lc; 30 sheep
pelts ut %.