The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-08-28


will not be much higher than it was be-
fore the tariff was passed. While this
state of things has been highly favor
able to thelforeign manufacturer, and
enables him to produce goods much
lower than before, be can pay the addi-
tional tariff on woolens, and under
other circumstances favorable to him
at the present time, successfully com
pete with ouro own manufacturers. III
u And esep now, ordets Tor good styles
are being sent by telegraph, and the
goods delivered in this city in about ten
days from the time the order is received.
While the prospects for wool to sell at
lower rates are certainly small indeed,
there is nothing in the condition o.
things to favor large ideas as 70 any
very remarkable advance. Domestic
combing continues to be sofa 80 low
that there is no chance Tor Canaaa
combing, and at the present time IL Is
about excluded from the market.
The sales for the week include 5Sl !,
600 lbs fleece, ranging from 43c for
coarse and medium to 55c for fine Ohio,
with a small lot of Virginia picklocklat
6Oc: 5000 lbs Louisiana on private terms;
10, 600 lbs tab washed 45a48c; "a bales
lambs pulled al; IS tales sppef pulled
39a4St;; 81, 0Oo Lbs California iScifor low
bury; 1S, 900 lbs Mexican 20f; 5000 lbs
Texas 20; 5000 lbs Cape All. No sales
of foreign to report.
- .sataagE BOSTON, 4yg3v.s
From the Boston Bulletin we learn
that there is no new feature in the wool
market, though it is not quite 80 demon
allied as at some points upon the sea
board, yet it is still lacking in tone and
strength, and buyers continue to hold
the advantage. The selling policy pre-
walls with the majority of holders,
especially with such as are carrying
stocks too heavy for their pecuniary
power of sustaining. But not few OF
them, on the o,her hand, have put down
their foot and set their faces firmly
against any further attempt to reduce
prices.
Consignors who are easy in their
pockets, and not in need of immediate
fcmittances, are beginning to grow
FESTIVE under the sacrifices incurred by
pressing their stocks upon reluctant
market. They are not buying up OF
shipping any more wool, owing to rela.
lively high rates in the country, and
prefer holding what they have till it is
actually wanted for consumption, when
there will be a chance for them to get
out whole. In demanding such con-
sentative change of policy, they have
the cooperation of most OF our commits
sion merchants, who justly consider 1t
for their own interest to protect the
wool-buyer and consignOr to the utmost
of their ability.
Hence, ut the ridiculously low prices
at which wool is now selling-the low
est, reducing currency to gold, since
| l43-there are many receivers who re-
fuse to meet the market; apd choice lots
of fine staple, especially, are not offered
so freely as they have been up to the
present time. Indeed, much of the fine
wool sold during the past few weeks,
though disposed of mostly to manufac'
turers, has been taken to hold as sort
of speculation. 1t is not wanted fol
immediate consumption, but is cORsid'
cred good property at present prices;
and by the time it is wanted for use IN
making up spring goods, will doubtless
be. worth enough more than it is now to
pay q liberal interest Oh the capital in.
vested. Low and medium grades are
most wanted, and command relatively
fair prices.
But, if fine wool is good property fol
manufacturers to buy, it is equally good
for the dealer and country buyer to
hold. Hence, there is no sound sense
in tho latter making sacrifices which
are not commanded by the exigencies OF
the situation. TO be sure, the manufac'
turer, with large stocks OF goods on
hand aud production greatly restricted,
| is not particularly in want of staple,
and the condition and prospects of the
goods market are such that, If he buys
in anticipation of his wants, it must be
at prices low enough, and at a margin
broad enough to cover all possible losses
and contingencies. This is imperative
in view of the fact that goods made up
early i'm the season, of wool costing liza
l5c per lib more than the same quality
is now selling for, cannot be made To
realize the bare cost of production.
But with receipts rapidly falling Off,
and business in the wool growing
States mostly suspended, we cannot see
the necessity of crowding the stocks
now held upon the seaboard, upon buy,
ers under circumstances of such great
disadvantage. The latter cannot at,
foJ / 10 do justice to the seller as he is
now situated, therefore thei seller
should wait till the consumer is in con-
dition to take his commodity and pay
him fair prices forit, which he certainly
will be able to do in q reasonable time.
Wool is cheap commOdity-positively
dog-cheap; but the less it is pressed the
sooner it will regain its natural level.
CANADA.
From the weekly circular Of BaueD-
dahl 4 Co., we learn that large pur-
chases of Canada fieeces at 29a3Oc, gold,
have lately been reported from Toronto
and Hamilton, c. W., Us well for the
United States as for export to England,
where clean lustre parcels of,eombing,
net burly, are said to be wanted at I'D
for hoggett, and 16d for eve and wether
We quote: Washed combing heeces al
65a67c. Stock about 10000 lbs.