The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1867-06-25
COMMERCIAL AND FTNAECIII.


The wool market Is more quiet, and
transactions lighter, than for MANY
/ years past tow ards the close of the se6-
son. There is very little actual demand
in view OF the dizziness of products, and
the still more important tact that the
new wool clip promises TO come upon
the marketat low Pricfs- MRnufactur-
ers buy only what material they are
compelled to use, and their wants, just
now, with a large part of our wooden
machinery lying idle, are very limited.
But the stocks of desirable fleece
wool, adapted to the production of sea-
souable goods, are reduced TO q small
compass, and hence holders are NOT
anxious, and prices are tOlerably well
sustained. According to present indi-
cations and reports from the West, new
wool will not be in the Eastern markets
to great extent, for several weeks TO
come, and In the meantime consumers
have generally made up their minds to
rely upon these nearby markets for
current supplies. They may be COM
PEELED to send into the country, in some
cases, where very choice lots offine sta
pie are wanted for certain specialities,
as this grade is now nearly out OF the
market But as n general thing they
will not, and need not, anticipate the
regular course OF trade.
There is neither money nor conf
dence, this year, to be put into wool
specuiations. No amount OF manage
ment and tactics can force up prices in
the face of glutted and dull goods
market. Western buyers will operate
very cautiously whenever they make
up their minds to take hold OF the crop.
Money Is scarce amoDg farmers, and
Just now wanted to pay the heavy local
taxes. Under these circumstances, the
latter will hardly find Il for their inter
est to hold back, but will probably let
.heir produce come forward and be con-
verted into cash at whatever rates the
markets OF consumption will legiti-
mAtely sustain.
Pulled woods have been selling to a
fair extent during the past week,
though at rather low prices. They are
being used in some measure as a sub
stitute for the corresponding grades of
fleece, which are deficient. The season
is now over fnrthe production OF pulled
woods. No more OF consequence will
be received for several months, and
consumers, who desire to bridge over,
are probably satisfied that the bottom
rates have been touched.
Sales of domestic for the week have
been light, and foot up some 49, 900
lbs, at range of S5a7Oc for fleece, and
3Sa60c for the various grades OF pulled.
Included are IS, 900 lbs Ohio fleece,
medium to fine, at 5Sa62c; {, 900 lbs me-
dunn Michigan, 55c: 2 900 lbs. medium
Ohio. unwRshed, Csc; 1900 lbs. low
Pennsylvania, 46c; 2. 600 lbs. extra Ohio,
62c; 1000 lbs. medium Michigan, 81 Nc;
%, 600 lbs. good Illinois, 521Sc; ], 500 lbs.
coarse delRine, do, 55c; 5000 lbs. select
ed Michigan delaine, 56c; 5000 lbs. fine
Michigan, 571lc; 5, OOOlbs. fine Vermont,
521zc; 5000 lbs. extra do, 55c; 5000 lbs.
medium Michigan, 55ci 1900 lbs. low
and bury Ohio, 45c; 5000 lbs. good
Minnesota, SOC; 1000 lbs: unwRshed
Iowa, Csc; 1000 lbs. light Maine, 5Sc;
., 500 lbs. choice do, exc 900 lbs. low
do, 87I<c; 5000 lbs. medium Ohio, 571<c;
Is, 600 lbs. medium New York, 54c; 4, GOO
lbs, do. do, 55c; and small lots OF
double extra Pennsylvania at 6sa7Oc.