Prescott journal. [volume] (Prescott, Wis.) 1861-1871, 1868-06-19
BOSTON WOOL MARKET.
From the Commercial Bulletin. 9th.


Our wool market has been enlivened during the
past week, by the net altogether unexpected eppear
ance OF several large buyers. who evidently meant
business, and have operated quite freely whenever
they found lots Of staple meeting their views to
prices and quality On this score they experienced
but little difficulty, most holders, at this stage az
the season. are anxious to realize, and willing to let
the market down TO its lowest bearings pending the
process OF buying up the new clip. Hence. most Of
our leading wool houses have made large sales dur
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
son, of taking supplies OF old wool sufficient to
bridge over to the new clip. The wisdom OF this
policy, at the present time, hardly be ques-
toned, since the stocks desirable staple are 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
use the former as long az it lasts even ii compelled
to pay higher prices. It is not probable however.
that any considerable quantity of the clip viii
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 a few
manufacturers, will doubtless be followed up by
others. We should not be surprised te 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 Jew days have
entirely cleaned up the stocks of several commits
sion houses and at the present rate OF absorption.
the market here will be left bare of old wool in the
The sales OF the past week comprise several large
lots of Western fleece and pulled, the latter at
lutte reduction IOrIurr prfCoe, alec,
large parcels of California clip, which is begin
ming to arrive quite freely, and quick of sale being
wanted a substitute tor the medium grade O1
Western. The latter is scarce, and in demand at
rates so relatively high, that they scarcely be
maintained after the new clip shall come forward IN
quantity sufficientto equaiZe the assortment. The
sales OF fine fleece wool, below the double extra
grade, have been in most instances, at shade low.
prices, as holders most anxious to realize on
this description. Fine foreign woods very quiet.
being mostly held above the views of buyers. The
medium grades sold very close up, and coarse
carpet woods are IN fair supply and moderate de-
mand at steady prices.
Sales for the week have been very large, and foot
up about ESQ, 600 lbs, at range OF Asa 55c for
fleece, and 42Cd 53c for the grades of pulled. In
Guided 900 lbs No. Ohio 47c So 900 lbs extra
do soc; ZOO It's do do VERY choice) 521zc; 5000
Tbs extra do 52c; 5000 lbs extra Michigan 441Sc;
$4,000 lbs medium Maine, soc; 500 lbs Western.
Acc; 1000 lbs do TALL grades, 45@ Ace $4,000 lbs do
44c; 5000 lbs unwashed, 32c; 1900 Tbs do 3Sc:
5000 lbs noils 42c; $500 lbs do 3912c; 5000 Tbs
sorts, 45t647c; 500 lbs secured, size.
In pulled wool, sales 4,200 TBS extra at 44@ 53cs
q, 000 lbs do 461c $4,000 lbs do 45c; $4,000 lbs do
43c; 900 lbs DO 42G45c; 1000 Tbs do 42c; 600
lbs super, asa 53c; 5000 lbs low do 44c; 5000 lbs
good do 4Sc.
In coming, safes 500 lbs domestic, 55c; 1900 lbs
unwashed kentucky, 45c. In California, sales 5O,-
900 lbs Spring clip, SOC; $500 lbs do do 500 33c
1000 lbs lst medium do do 3c; 1000 lbs do do 3lc
1000 TBS 81 medium do Bic In Texas, sales ,SOo
lbs, 30G SIC.
In foreign, sales 10000 Tbs Crinean soc: 10000
lbs Persian 22c; 1000 lbs Carpet wool on private
terms.