Democratic enquirer. [volume] (M'arthur, Vinton County, Ohio) 1867-1873, 1868-06-25
nOsrON WOOL aIARKET. I.


Our wool market has been enliyened during tho
past week, BY the not altogether unexpected appear
ance OF several large buyers, who evidently meant
business, and have operated quite freely whene1er
they found lots Of staple meeting their views as 10
prices and quality, On this score they experienced
but little dihculty as most holders, at this stage Of
the season. are anxioust to realize and willing 70 lot
the market down to its lowest bearings pending tho
process Of buying up the new clip. Hence, most Of
our leading wool houses have made large sales inr-
ing the last few days. and transactions for the week
foot up larger aggregate than for long time past
The buyers now coming in Represent number Of
large manufacturing corporations, who carrying
out their usual policy, toward the close Of the sea-
son, OF taking supplies Of old wool sufficient to
bridge over to the new clip. The wisdom of this
policy, ut the present time, can hardly be ques-
toned since the stocks Of desirable staple sold
very close up, and the prospect OF an early supply
Of the grades most wanted Is rather dubious Be.
sides, old wool is much lighter and preferable to
new, and consumers find 1t, for their advantage to
the former as long as It lasts, even II compelled
to pay higher prices. 1t is not probable, however,
that any considerable quantity Of the new clip will
come upon the market at rates lower than now
ruling for the corresponding grades of old wool
This stocking up movement on the part Of few
manufacturers, will doubtless bo followed up by
others We should not be surprised 10 see brisk
demand for wool during the balance Of the season,
and considerable competition among buyers for the
few desirable lots still remaining in the hands Of
dealers The transactions Of the last few days have
entirely cleaned up the STOCKS OF several comfnts-
sion houses and at the present rate Of absorption
the market here will be left bare Of old wool in the
course Of two or three weeks.
The sales of the past week comprise several large
lots Of Western fleece and pulled, the latter at a
little reduction from former prces also, one or two
large parcels Of California new clip, which is begin
ming to arrive quite freely and quick of sale, being
wanted as a substitute for the medium grade Of
Western. The latter is scarce, and in demand at;
rates relatively high, that they can scarcely be
maintained after the new clip shall come forward In
quantity Sufficient 10 equalize the assortment The
sales Of fine fleece wool, below the double extra
grade, have been in most instances, at shade low
er prices as holders are most anxious to realize on
this description. Fine foreign wools are very quiet
being mostly held above the views of buyers. The
medium grades are sold very close up and coarse
carpet wools are in fair supply and moderate de-
mand at steady prices.
Sales for the week have been very large, and foot
up about 1,250000 Tbs, at q range of 45@65c for
fleece and 42@53c for the grades of pulled. In
Guided are 1000 lbs No. Ohio, 47c; $4,000 lbs extra
do 5Oc; 1000 lbs do do very choice) 52hc; 5000,
lbs extra do 52c 5000 lbs extra Michigan 44Kc;
$4,000 do do 45c; 10000 lbs extra and above do 50c
15, 900 Tbs medium Maine, 50c 5000 lbs Western,
45c; 1000 lbs do all grades) 4546c; 300 900 lbs do,
44c; 5000 lbs unwashed, SIC; 1000 TBS do 39c
5000 lbs noils, 42cj $500 lbs do 39hc; 5000 lbs
sorts, 4564Tc; 900 lbs secured, 871Sc F. EH
In pulled WOOL sales 4,200 lbs extra at 44@53c;
25 600 lbs do 46c; 1900 Tbs do 45c 5000 lbs do
43c; 10000 lbs do 42@45c; 5000 Tbs do 42c; 1000
lbs do 4Sc; 5000 lbs do 44c; $500 lbs do 49c; 1900
lbs super 45@53c; 5000 lbs low do 44c; 5000 tbsj
good do 48c. .. .,....t