The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-06-22
FfOT ASSISIaHI otCIUIt
I. B. McVay g. Co., Pitts5urg,
Wool Market.

PITrSBURG, THURSDAY, June 90.
The wool market continues depressed,
owing to the downward tendency of
wOolens. There is no encouragement
to increase productions. Notwithstand-
ing stocks are light, prices continue
weak. The trade for woolens must I'M
prove, or wood must decline i'll price
still further. The receipts of wool con-
tinue light, but fully up to the demands
for present use.
The following are the market cash
prices paid here for good merchantable
conditioned lots of wool:
Tub washed. Observation-Disclosures. 4Oai5c
/ ann blood fleece. ......................4 3a45c
oioou heeGc. .iod1a
Full blood fleece (choice) ................ "a .Oc
Market dull and Stocks light.
The New York Commercial List of the
10Th says: Domestic wool remains
about the same as for many weeks past,
with, perhaps, more tone to the market
for choice grades of fleece, such as &X,
of which we believe, there is none in
first hands. The low and medium
grades, OH the other hand, are unmis-
takably weak, Notwithstanding the
light supply. Manufacturers still adhere
to the hand-to-mouth policy, and for
obvious reasons. But little of the new
clip has thus far been received, the sea-
son being fully two weeks latter than
usual. strengthening is now being
prosecuted actively all over the West
and the press of that section are unani-
nous in the opinion that the clip will
prove to he lighter on the same number
of sheep than last year, the cold wet
weather during the spring having pre-
vented the secretion of the usual
amount of OIL There is every reason TO
believe, however, that there has been y
considerable addition to the tiocks, and
that the yield will exceed that of last
year. There is an entire absence of
speculation in the interior, but it is
nevertheless expected the clip will
come forward freely, from the fact that
money is scarce throughout the West,
which will naturally render farmers
anxious to realize. Foreign is quiet
and prices are full as low, and in some
instances lower, than before the new
tariff went into operation. In COM
menting upon the effect of the law, it
may be remembered that We took the
ground that the exclusion of so impor-
tant customer as the United States
from foreign markets by prohibitory
duties. would possibly lead to a reduc-
ton abroad equal to the increased
rates i'm posed by the new law. That
decline is now taking place, under in
creased supplies, in the principal mar
kets of Europe. For instance, the i'm
ports of wool into Great Britain during
| the first four months of the current
year reached 81 ,673 600 pounds, against
Al ,955,775 pounds during the same Pc
riod in 1866. This has led to settled
weak ness there, and a similar state of
affairs exists in the leading Continen-
tai markets. The sales include $4,000
pounds State and Western fleece Mt Asa
81 lc for low to fine, including $4,000
pounds new Ohio at 25c for fine washed,
and 39c for unwashed; also %, 900 pounds
California, !Sa25c for bury to good un-
washed; $4,000 pounds Texas, 21ia32ic;
$1,000 pounds pulled, 40ac for lambs
and 44a47c for pulled; 25 bales dOmes-
tic mixed flocks, 14c; 100 do. Cape, Doc;
1000 pounds East India, Isle, and 5000
pounds fine Fribs on private terms.