The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-03-22
Wool Markets.
BOSTON.

The market is firm, with q good de-
mand for nearly all grades of domestic,
says the Bulletin, and the advance noted
last week has thus far been we'll sus,
tanned. Prices, however, remain unset
tied, there being diversity of opinion
as to whether the full effect of the new
tariff has yet been experienced W the
market. Some dealers are selling freely
at an advance of 2a3c on former prices,
while others are holding for rise OF
5a6c, and think they shall finally get it.
There is very little excitement, though
consumers are disposed to take hold
and supply themselves literally. But
they are not yet ready to meet the ex-
IRENE views of some holders, and the
probability is that they will not be till
their products begin to move off at a
better margin. Hence there is consid-
cradle dickering and diversity of views
between buyers and sellers, the former
for the best possible terms. They are
ready to take large lots of staple, when
offered at what they consider reasonable
rates, and almost invariably hurry up
deliveries, since, for the last two months,
most of them have been running on
short supplies of material.
Sales of domestic for the week have
been quite large, and foot up nearly
| ,OOO, 900 lbs, at range Of 50a76c per Id
for fleece, and 35aG7tc for the various
grades of pulled. Included are lots of
and fine Western fleece, at 50a
Coo, the outside rate for choice Wiscon.
sin: New York and Vermont do at 50a
Gle; Michigan at 55a62sc; coarse Ohio
and Pennsylvania do at 5Ua55c; medium
and fine do at 55a63c; extra do at 63a
65c; double extra and choice do at 65a
7Oc-4O, 900 lbs at Csc; and some $4,000
lbs picklock, in small lots, at 72a76c,
the latter grade being scarce and wanted.
NEW YORK.
The Economist says: The activity
which characterized the market last
week has not extended to this. The
market for woolens did not respond to
the passage of the tariff in the manner
in which many expected. 1t is true that
there is more confidence, more frmness
and expectation, but as yet little has
been realized. Goods could be sold very
readily at former rates, but it is ex-
ceedingly difficult to obtain any ma
terial advance; and, as consequence
the wool market has been quiet, al
though firm, and if we say that wool is &c
per Id better than it was before the pass
ing of the tariff, it is 81 that twill war
rant. But as we have frequently said, all
thaSariffs in the-world cannot manufac-
ture demand and this is now being real
lied; and so little confidence have
that the demand will be
seriously increased by the tariff, that
none have yet increased the hours of
labor, at least none of those who have
been running short time; and as it is
almost impossible to obtain an advance
on the price of woolens which would
pay the cost of manufacturing, and
equally impossible to get down the
price of wool, manufacturers are now
seriously considering, the alternative OF
either reduction of wages or of an
entire stoppage of machinery. This is
a sorry comment upon the tariff and
protection. We suppose that the la
borer was included in the ques-
ton; but in the place of an advance
of wages, as the laborer might
have expected if the protection theory
was sound, a reduction was contem-
plated. 1t 10 true we have-a slight adj
vance in wool, we wish it was more.
We should be glad to see an advance of
wool and of labor arising from true
grounds, An active demand, but that de-
mand is still lacking. The large failure
in Providence last week, has not i'm
proved things this week. 1t is true
this was not q wooden establishment,
but it has weakened confidence in man
ufacturers generally, and there is no
doubt but wool dealers could sell more
wool than they now do if they would
give the indiscriminate credit they did
year ago. This want of confidence
steadies business at the present time,
and we think it is well for all concerned
that such is the STATE of things, or we
should certainly have in very short
time one of the most direful crashes
that ever visited the business of this
country.
Our quotation are as follows:
Pennsylvania, Ohio and Virginia
choice Saxony fieeces, 72ia75c; Saxony
fleeces, 65s72i; three-quarter and full
blood Merino, 62a67c; one-half blood 57a
60c; one fourth blood, 52a57c; common;
57fa52c; New York, Michigan and Indi-
ana. full blood and three-quarter, Goa
62ic; one-half blood, 55a57 &c; one-quar-
ter blood, 50a55c; common, Assoc;
Western fine, 52a5sc; medium, 47ia52c;
common, 45a47 &c; Southern washed, Asa
53e; unwashed, 30a37i; Texas fine, goa
40c; medium, Sia32c; coarse, 27a3Oc; in
feIior, l5a22c; Barry, 12a2ec; California
spring clip, fine, 40a471c; medium, 26a
She; coarse, 1Sa24c; fall clip, fine, 2sa
34c; coarse, 20a27ic; Oregon combing,
4Oa44c; A 1 do. 35a44c; A l do. 34a40,j ;
Canada combing, 7oa75c; domestic
combing, 60aG5c; country pulled extra,
50a57ic; New York city extra, 45a52ic;
super, 40a474c; No. l, 2sa35c, Western
ep~a, 81 $3.50 xn.A-lo. II xx-Nn1