Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1868-06-17
WOOL.

BosToy.-0ur wool market has been ~enliven-
cd during the past week By the not altogethel
unexpected appearance CfseySral large buyers,
who evidently meant business. says the Bule-
tR, and have operated quite freely wherever
they fOunilOts Oforaple meeting their views q
to price AID quality. On thisscoTe they expert
eneed but little difficulty, as most holders. At
this stage OF the season. are anxious TO realze.
and willing to let the market down 10 its lowest
bearings pending the process Of buying up the
new clip. Hence. most Of our leading wool
houses have made large sales during tue last
few days, and transactions forthe week loot up
a larger aggregate than for a long time past
The buyers now coming in represent a num-
Der of large manufacturing corporations. who
are carrying out their usual policy. toward the
close of the season, OF ticking supplies Of old
wool sufficient 70 bridge over 10 the new clip
The wisdom of this policy at the present time
can hardly be questioned. since the stock ofde-
sirable staple are sold very close up. and the
prospect ofan early supply Of the grades most
wanted is rather dubious. Besides. old wool is
much lighter and preferable TO new. and col-
sumers find it to their advantage to use the Tor
mer as long as i 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 the corresponding grades OF old wool.
Thus stocking up movement on the part Of a
few manufacturers, will doubtless be followed
up by others. We should not be surprised 10
see a brisk demand for wOoldurias the balance
Of the season, and considerable competition
1u0us 1AycL1 Aor Aue AoM urolLAAA1 ANe ohAA c
naming in the hands Of dealers. The ~ransae-
lions for the last few days have entirely cleaned
I'D thestocks ofseveral commission houses; and
az the present rate Of absorption, the market
here will belief bare Of old WOOlin the course Of
two or three weeks.
The sale Of the past week comprise several
large lots Of WesteFn heeees and pulled, the
latter at q little reduction from former prices /:
also, one or TWO large parcels Of California new
cir, which Is beginning 70 arrive quite freely
and quick Of sale. being wanted as a substitute
for the medium grade Of Western. The latter
is scarce. md in demand at rates so relatively
high. that they can scarcely be maintained al
ter the new clip shall come forward in quantity
sufficient to ~eGualize the assortment The sales
Of fine fleece wool. beloa the double extra
grade, have been in most instances, at q shade
lower prices. as holders are most anxious 20
realize on the description. Fine foreign woods
are very quiet. being mostly held above the
Vieas Of buyers. The medium grades are sold
very close up. and coarse carpet woods are in
fair supply and moderate demand at steady
prices
foo. up about l.25OQ0 bs. AZ a range OF 45955c
for fleece. and Posse for the grades Of pulled.
Included are Loo bs No. ! Ohio, sc; 5000 ms
extra do SOC, 1000 rs do do VERY ehoieel 52Zc;
5000 lbs extra do Sc; $500 lbs extra Michigan,
4rlc; 1900 lbs do do 45c; 1900 los extra and
above do SOC. $50 0 lbs medium Maine, Soc; s.
90 lbs Western, 45e; loo lbs do (all grades) $50
46e; 5000 lbs do 44e; 5000 lbs unWashed BE; p
90 lbs do Sc 5000 lbs noils &c; $500 lbs do
Sg<e. 500 lbs sorts seize. 90lbs secured SIG.
In pulled WOOL, sales 400 lbs extra at HOSE;
$500 lbs do 461ze; 1906 lbs do 5c; 1900 los do
43e: 1000 lbs do 42S45e; 5.OO0lbs dO42c; 200 lbs
do 4Se; 5000 lbs do 44es $500 lbs do acc; 400 lbs
super, 45e53e; 5000 lbs low do 44e; 300 lbs
In combinS, sales 500 lbs domestic, Sc 1880
lbs uuwashed Kentucky, Ac. California, sales
5000 lbs spring clip. &c; 1850 lbs do do 309S3c; /
700 lbs LIST medium do do lc; LOO lbs Sd medi-
UNI do3lc. In Texas. sales 4.S00 lbs. 3e9S2c.
In foreign. GALES 5000 lbs carpet wool on pri-
Tate terms.