The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-07-11
Rs.tou Wool Market.

There has been a moderate demand
for wool during the past week, and the
sales have been mostly in small lots as.
wanted for current consumption. Though
the actual consumption of wool is very
light for the season, the transactions in
this market continne to foot mp fair
average, and do not indicate the meas
ure Of the falling off in manufacturing
operations. The reason Of this is, that
all the wool which goes into consump-
tionis now bought in the Eastern mar
kets, whereas, usually at this season,
manufactures are getting their supplies
directly from tile country, and hence the
bulk of their purchases does not appear
in our local reports. st'g...EaE
The consumers gre now falling back
wholly upon the regular markets for
supplies, which is the result ora wise
and well considered policy. The former
practice of rushing into the arms of the
wool-grower the moment the clip was
off the sleeps back, has always proved
disastrous to their own interests at n
later period of the season, by causing an
unnecessary imitation Of prices. Besides,
by purchasing straight lots OF wool in
the country, the manufacturer does not
often get just the quality of staple that
he wants, and after it is graded, is fire
quently obliged TO sell portion of it
for whatever it will bring. The truly
economical policy is that which allows
the wool clip TO be bought up and han
died by professional dealers. and these
should be left without competition on
the part of the actual consumers, who
will always be gamers in the long run
by staying at home when the new clip
comes upon the market
From first hands. we hear of sales in
Michigan at 40a4Sc, mostly at 43a45c; in
Ohio at 40a50c, and in Pennsylvania and
West Virginia at 4sa55c. Some growers
are holding considerably above these
rates, but will hardly be able to find
takers in the present state of the East
ern markets. Indeed, it is doubtful
whether any description Of wool, which
is bought up at over SOC, will realize
any margin to the buyer or consumer.
Sales of domestic for the week have
been fair, and foot up some CSC, 900 lbs,
at q range of 80 1:2a65c for fleece, and
35a62 for the various grades of pulled.
Included are 5000 lbs medium 0his
fleece at SOC; 1900 do SIC; 5000 lbs I'M
washed do 80 lie; $500 lbs fine Wis.
consin, SOC; 1000 lbs good Michigan, see;
900 lbs tub washed Indiana, SIC; 1000
Tbs fine do, 55c; 1000 lbs unwashed Illi-
nois, 35c: 1.500 lbs do, 81 c; 500 lbs do
35c; 5000 lbs medium do, SIC; 10000 lbs
fine do, sic; 1000 lbs fac Pennsylvania,
Sc; 1,500 lbs coarse do, SOC; 1000 lbs
mixed do, 54c; 1000 lbs New York extra,
Coo; $1,000 lbs fine do, SIC; 1900 lbs
medium do, SOC; 5000 lbs extra do, zoe;
"a 900 lbs medium to fine do, 55c; 5000
lbs low secured, 60c; 5000 lbs delaine
selections, 55c; 1,500 lbs delaine sorts,
SHE; 5000 lbs fine Virginia. SIZE; 5000
lbs nails. 54a94c; 6. 500 lbs double extra
Ohio, Csc. -E.|.
In pulled woods there have been small
sales only. Included are 1000 lbs New
York super, 4Sc; $4,000 lbs lambs 35c;
% 900 lbs Philadelphia merino, SOC; %,
600 lbs do, sic; 1900 lbs Eastern short,
40c. In combing woods, sal es 5000 lbs
unwashed Kentucky, 47c. In Califor-
MIA wool, sales $4,000 lbs at l7!a26 for
low and medium. Very little of the
spring clip has yet arrived. In Oregon,
sales q 900 lbs at 42!c. In Texas, sales
$500 lbs at 32c. In foreign, the sales
have been very light. Most of the
finer descriptions are held, in bond,
above the views of buyers, and would
not realize cost of importation if put on
the market. The late advance in Eng
land, Belgium and Prussia, has also
tended to strengthen the position of
holders. Included are small lots of Cape
at 3Sa40c; Mestiza ut 30a35c; and a
choice LOT of Port Philin at Coo.