Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1868-06-05
BOSTON WOOL MARKET.

In the Wool market there is no new feature or
chsnge to record and the dizziness which has charac
terzed trade during the last two months continues
broken The bad weather of the past week has doubt
less kept out buyers who would otherwise have
made made their appearance. But,aside from any in
cdenta matter affecting the wool trade, it would be
useless to disguise the fact that the current wants Of
consumption are by means pressing, and that the
demand from manufacturers Is exceedingly light even
for this transition stage Of the season.
In fact, notwithstanding the low prices at which do
nestle wool Is selling nothing prevents them from
falling to still lower range, except the scarcity OF
some grades which most wanted for present use.
Low woods, both fleece and pulled, sold very close
up, and hence held with comparative hrmness. But
dealers anxious to sell fine staple which constl
tutes the bulk OF supplies and which has been strange
ly neglected by customers, thus far, during the
present year The cause Of this neg ect is proba-
bly, the lack of gin exhibited the production Of
fine fabrics all through the Spring. and, at this stage
Of the season, with the trade in light goods nearly
over, the mills always begin TO run upon coarse,
heavy products adapted to the Fall trade.
IL is tina aim OF WOOL buyers 10 pick NO cheap lote
of staple. which they can mske up into goods with
out the risk OF LOIS from depreciation. They
naturally desire TO keep on the safe side of the
market, and tn Y have been rendered more eau.
ious in this respect from the fact that during the
last year they have OFTEN been compelled to part
with their products at unremanera'ive prices
Owing TO this commercial necessity for che2p pro
duction. the price rather than The quality of wool
is now most regarded by manufacturers Hence,
lots which. in ordinary times would be- considered
undesirable, II not po,it.vely uneaieable, now
readily taken at relatively high rates,
Unless the prognostcs of the shall signaily
f,i or spe, dily undergo a radical change. the
clip will be lafe in the MAJ ket. This Will be de-
cided advantage to the holders Of old WOOL who
anxious TO close out their ocks before the new
makes its Appearance 10 the eastern markets. The
probability of such a result will also stimulate buy
ers to come in for supplies to bridge over, aud
hence should not be surprise 10 active
aud irmer market during ihe entire month of June.
But this will depend veIy much hlso upon the
course of the goods trade since IL will be vain to
nope for any material improvement III the srticle,
unless its products can be distributed at paying
rates.
The total sales of wool in this city, since last
report, foot up 675, 900 Tbs including sales Of
foreign and the transactions of the principal houses
70 lows;
$50 lbs fine Iowa at 45c; 1900 lbs combing
pulled at sc; 5000 rs fine Illinois at 45c 3.CC0
lbs de lane seections. COO; $500 lbs u blood
Michigan at 45c; 500 lbs fine Ohio 471zc; 1000
lbs extra pulled ct 60c; a. Oh TBS do do ut 46c; 81
lbs do do at AZ 1sc 3UUU tbs pickock at CSC; 40
lbs choice super pull ed at 5lc l2.n09 tts unwashed
combing az 42@46o; LOCO lbs bury at 4Oc
500 Tbs super pulled at 42c; 500 Tbs do do sc &c.
$4,000 TBS fleece aud pulled at sOt@60c.
$1,000 ID super at 45@50c; 25.01o lbs pulled at
SlGaSc 15 90 lbs California at 27G41c; $500 lbs do
at 47c.
So, 90 rs medium fleece at 47c for Wisconsin.
and 40 G49c for New " rk 4OO0 TBS super pulled at
sac; 500 MS extra do at soc; 800 lbs combng
at $50
H. 100 fbs Texas az 2!a29c 1900 10 extra pulled
at 1890; 8 400 fbs at 45N52c; 800 Tbs Maine
fleece at 46 oslo; q 400 TBS unwashed at "a &C; 6U0
los secured at soc; 400 lbs No pulled at &c.
3l,0nO TBS nichigan at 47hc; 500 fbs extra Ohio
fleece at 52xc.