The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-07-08
WOOL.
BOSTON,

There has beena fair demand for do
nestle wool during the past week,
which, according to the Bulletins re.
mort. has been met in a liberal spirit of
Concession and compromise on the part
of sellers. The latter are disposed to
close ont their balance of old wool at
very moderate figures; i'll view oil the
dow opening prices Of the new clip, and
the probability that these will not be
forced to a higher range rs the season
advances.
Though no large lots of new wool
have vet been received, its reduced cost
is already being discounted here, and
enough is on the way and coming for
ward to unsettle the Eastern markets.
The finer grades are particularly weak,
and selling close down to figures quot
ed for the medium grades. Buyers full
" understand the advantages of their
position; their consumptive require
ments are by no means pressing; and,
unless they can get staple ut reduced
rates, they are determined to hold off
till new wool comes upon the market in
large quantities.
But thus far there is no accumula-
ton of the new clip, and consignments
have been taken as fast as received, at
a range of 42a5Oc for the different
grades of Michigan and Ohio fleece,
which is some SAFE below the range at
which corresponding grades of wool are
selling. Shippers are hurrying up sup
plies of low and medium staple, which
is most wanted, and commands rela-
lively high rates. Until the last few
DAYS, there has been no assortments of
desirable wool for buyers te select from;
and hence the receipts of new have
stimulated trade by supplying the de-
fciencies.
The wool season has opened in the
country, with less excitement and COM
petition among buyers than have been
known for many years past. Growers
are willing to sell at low prices. since
they do not see any chance for gain by
holding back. But there are very few
buyers in the field as yet, and these are
only picking up such good condition
medium clips as are wanted for immc-
date consumption.
In general wool, there has been 10
movement from first hands, and it will
probably be some time yet before the
marketed. Country buyers have thus
far operated mostly on their own ac-
count, and without orders. Eastern
dealers and manufacturers are disposed
to stand loss for the present; and
hence spectators, not being able to
command the liberal advances made
them last year, will be obliged to move
very cautiously, and, also, to exercise
great discrimination rs to the hand
ling aud condition of new wool.
Sales of domestic for the week have
been fair, aAtl foot up about 100000 lbs
at a range of 42a50c for fleece and 40a
55c for the various grades of pulled.
Included are 10000 lbs extra Ohio ut 4S
a5Oc: 500 lbs No. do i6a4Sc; 5000 lbs
fine do (new clip 47c; 5000 lbs medium
Michigan 45c; 1000 lbs extra do 44a46c;
1000 lbs mixed Indiana 45c; 5000 lbs
light medium unwashed Kentucky 2tc;
1000 lbs heavy unwashed Vermont pc;
1000 lbs fine do SIC; 1000 lbs unwashed
Maine Soc; 1000 lbs washed do 46c; 1000
lbs medium do T6c; 5000 lbs Western tub
washed 5Oa53c; 1000 lbs do Acc; 1000 lbs
do 42c; 5000 lbs do SOC; 1900 lbs unwash
ed do SOC; 1000 lbs do do Sic; 1000 lbs do
do :1c; 10000 lbs do do 30a}3c; $4,000
lbs do do 32tc; 1000 lbs light do 33c; 5000
medium do 43ec; 4OOO lbs coarse I'M
washed do 35c; 1000 lbs secured Gic; 1900
lbs do 60aS6c.
In pulled wool, sales 1000 lbs New
York super 40c; 1000 lbs Indiana do loc;
1000 lbs super 52!a53ic; 10000 lbs do
45c; 5000 lbs do 45c; 300 lbs do 43]a
Acc; 10000 lbs extra SOC; 10000 lbs do
4Oc; $1,000 lbs do I6ic; $500 lbs do 46a
4sc; 5000 lbs do very choice 55c; 1000
lbs extra Ohio soc: 1000 lbs lamb SIC;
1000 lbs black 35c; 10000 lbs California
39c.
In Combing, sales 1000 lbs Maine Sc
lections SOC; 2OOO lbs unwashed Ken
lucky 42c; 10000 lbs domestic 40a50c;
1000 lbs unwashed Western Ale; 1000 lbs
domestic SEE; liz California 1000 lbs
secured G2ic.