The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1868-07-14
The Wool Market.
From the Ohio Farmer, July Al

from the Onio FARMER, Juty H.
The local buyers are operating 10 the
country in taking up the new clip of
wool mostly at about 81 to 4Oc, with a
sliding scale which ranges from IS to 45c
We notice frequent reports in the local
papers Of Ohio of sales at 40 to 42c IF
we are to give full credit to the reported
condition Of the Eastern trade, these fig
ures are all the present trade will justify,
and itsremains with wool growers to con
salt theifs emp necessities forf present
cash, or faith 10 the future, as to- whether
| they shall sell at current prices, or hold
| on for d better market. We see itrepor-
ted 10 some Of the local papers, that the
Ohio Farmer advises Farmers 10 hold
on. We have advised no such thing,ne
ther have we advised farmers to sell. We
have reported the facts as to prices, and
the prospects as they appear to Island
left the matter just there. No one can
certainly tell whatvill be the future of
| the wool business, but we look for better
prices in October than have been current
for some time past.
From the Farmers Chronicle, July A..
| Wool in Columbus is scarcely as firm
as last week. Receipts amount to about
do, 600 pounds. Rates for washed range
from 80 to 3Sc.
Of wool in Cincinnati, the Commercial
says: The receipts have continued very
large during the week, and tho market is
not SO strong, with prices materially ca
sier. The demand has been light, and il
is difficult TO effect sales at better than in
side quotations. The incoming clip
promises to be large
Fine fleece, washed, peril 37@40
Coarse and medium, per b...35@36
Tub.washed, per lb....... .38@40
Unwashed, per b.. ......25@27
Of wool in New York, the Shipping
List reports:
Domestic has been a little more active
the past day or two, but the market is
unsettled and prices irregular, particular
Ily for fine old Fleece, which comprises
the bulk of the stock, and which holders
are anxious to close out to make way for
the new clip now coming forward. The
opening prices are fully ten cents lower
than last year, with little encouragement
as regards the immediate future, for man
ufacturers. The production Of goods has
been greatly curtailed In accordance with
the pressure of the times, and the mills
are mainly using low grades, which bid
fair to command better prices, relatively,
than fine, as has been the case for seye-
raj months. Considerable speculation is
indulged in touching the probable extent
of the yield, and it seems to be the pop
ular belief that it will fall somewhat
short of that of last year; but unless the
goods market reyives, there is likely to
be no scarcity, taking into consideration
the increased supplies likely to come for
ward from California and Texas, which
descriptions have lately been the chief
reliance Of consumers. Foreign Wool
remains dull, and prices are nominally un-
changed as regards desirable kinds. Sales
comprise 250, 900 lbs State and Western
Fleece at 453@52ac, including 25 ,000lbs
new clip Ohio at 453@52ac as to quality;
| 5000 lbs old Ohio 5O@51c for EXTRA and
above; 1000 lbs extra State Acc; 5000
lbs tub-washed 50@54c; 5000 lbs un-
washed at and about 30c; 1000 lbs old
land new Ohio, and 81 900 Noils,on private
terms. - e e.a7Fss ~ ifss'tsssst-