The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-09-12
FINANCE AND TRADE

BOSTON, september 4.
The wool market is without material
change; holders are mostly free sell
lers: and, with stocks still accommodating,
buyers have rather the advantage so
far as the low aud medium grades are
concerned. The transactions for the
past week, foot mp quite fair ag-
gregate, though the sales, have been Ill
smaller lots than for sometime past.
The large consumers are temporarily
proyided for, and the small manutic-
turers are now in the market for staple
required for immediate use.
Goods are beginning TO sell quite free
ly. and this feet gives confidence, as
well as funds to the consumers OF raw
material But the prices oi nanniac-
turrd uroducts exhibit no Improvement,
and consequently wool has t. be bought
Mt correspOndingly low rates. Western
growers do not seem to appreciate this
close commercial relation between wool
and its fabrics, and hence are too apt
10 consider themselves the victims of an
Unfair discrimination against their pro-
duet. But the truth is, they have real
| " less TO complain of as regards unre-
munerative prices, than Eastern manu-
fa rturers. who are obliged to sell many
of their products at less than cost. If
wool is 20 per cent cheaper than last
wear ut tie corresponding time, the
same is equally true of wooden goods;
and until the latter can be sold at fair
prices, it is vain to hope for any mater
| ial advance in this staple.
Not fully comprchending the situa-
ton, farmers are now holding back
their wool and selling their grain IN
stead, expecting to realize better rates
for the former by and by. Trade in the
country has been brought to stand,
and operators will not 90 on, as they
have made no profits thus far, and there
is still less margin on shipment than al
the beginning of the season. Probably
less than half the clip of the country at
large has as yet beeh sold out of first
hands: and, mt the present low rate OF
CONSUMPTION and absorption of pro-
ducts, tie domestic wool crop bids fair
to meet all the wants of home mannfac-
ture for the cHrrent year, without re-
sorting, to any considerable extent, to
the use of the foreign staple.
Sales of domestic for the week have
been fair, and foot mp some l,o0o,Vo
lbs. Mt a range sf 30 to Goo for fleece,
and 80 to 475c for the various grades OF
pulled. Included are l2G0 lbs No.
Ohio Mt 4Sc: 1000 lbs do, sc: 1900 lbs
medium do, soc; $500 lbs all grades do,
soc: 5000 lbs No. do, 4Sc; 400 lbs No.
and extra do. sic; 2OOO lbs do, DOC; 20
900 lbs do, 47c; 5000 lbs extra do 55c;
1000 lbs coarse do, ABE; 1000 lbs No. do
45c: 1000 lbs double extra do, 5o4c; 4OOI
lbs extra Michigan, soc; 1000 lbs medi-
um do, Acc; 1000 lbs do, 4slc; $4,000 lbs
choice extra do, 52lc; 10000 lbs extra
do. soc: 5000 lbs No. do, 47c; 1000 lbs
| No. = do, 45r; 1000 lbs fine do, l942;
1000 lbs double extra do, Sole; 1000 lbs OK
ira and above do sac; $1,000 lbs fine and
extra do, 4Si; $500 lbs western an
was ed. Bic; 5000 lbs light do, SIC; 23OU
lbs No. | do, Ale; 300 medium do, 4oc;
5000 lbs fine do, l5c; 5000 lbs unwaShed
do. Soc: 1900 lbs washed do, 45c; 1000
! lbs unwashed do, light 32c; 1000 lbs do,
3}c: 1000 lbs washed do, 45c; 6OOO lbs
medium do, Ape; 1000 lbs coarse do, ACC;
5000 lbs unwashed do, Bic: 1000 lbs
coarse do, 42c; 5000 lbs fine light Wis
consin. Acc; 1000 lbs No. = do, 45c; o.
900 lbs fine do, Ale; 1000 lbs do, 46!c;
2OOO lbs No 1 Pennsylvania, SIC; 1900 lbs
medium do, soc; 100 lbs medium Iowa
Acc; 10000 lbs light coarse Indiana, iOc;
$500 lbs fine do, secured, 6Oc; 10000 lbs
New York State, 5Oc; $4,000 lbs low
Michigan, 43c; 1000 lbs coarse Georgia,
Sc: 500 lbs coarse dclaiIe, 4Sc; 5000 lbs
shearlings, 1Sc: 80 bales Cape, 3l4c.