Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1871-12-14
Wool Market.

Waltar Brown & Sons MONTHLY Woo
Circular says there was more activity in
the wool market during the past month
than could reasonably have been expect
ed a: the close of October, when the de.
pressing Influences which were at work
arising from a stringent money market
and extreme dullness in wooden goods, in.
duced most manufacturers TO purchase
emily their daily requirements. Neverthe.
less this light demand wns sufficient to
reduce stocks to very low point. and all
must now be thoroughly convinced OF
the inadequate supply Of woods for the
remainder of the season. Manufacturers
generally approaching this situation,
have, during the past fortnight, bought
more freely and show a Opposition to
meet the present views of holders, feel
ing satisfied that the future will justify
item in anticipating their wants. 1t is
natural in the emergency of IN INSULT
oient supply of the raw material to look
for relief from foreign sources. But q
glance at the European markets will re-
veal the facts of small stocks, active de-
mand, and advancing values, with prices
already higher here for corresponding
descriptions.
American buyers recently returned from
England, where they found it difficult to
supply themselves, and being unable to
oh+.sn oh ~,-oo1,
the home markets, have resorted to the
latter source, and hence we are enabled to
record heavy transactions during the
closing week of the month, in both do
mestic and foreign woods.
Late telographic advices from London
report further advance in Cape and
Australian woods since the commence
ment of the sales on the 23i ultimo of one
penny per pound, which has also stimu-
lated the demand here fer these woods.
and holders are firner than week ago.
There has, perhaps, been no time since
the opening of the season when the sta
bility of value was so settled fact. For
manufacturers the situation is probably
one of the greatest interest. We can not
certainly expect lower prices, and it would
seem to be jndicious ior them to antici.
pate their wants while the opportunity
offers for good selections, if they decide to
run their mills.
Pulled Ho0Ls.-The demand has been light for
these woods except for choice medium lots, which
are in small supply. Prices are, however. well
maintained for all kinds, and the general stock
is not large.
CALIFORNIA Hoots.- Nothing of interest bas
transpired in this description. Stocks are greatly
reduced, and prices have ruled somewhat Irrepn-
lar. Fall woods are neglected. Receipts unic,.
portant.
IerdS HoOls.-Have been fairly active, and 10
not accumulate in the market. Prices eontiura
steady and holders firm.
f0Tet9n Woods Large transactions are noted
during the month in Australian, Cane. and the
vafions South American woods at fun prices, and
IN several instances at slight advance over rates
current at the ming of the month.
These WOODS have gone largely into consump.
ton and comparatively little is held in in porter
hands
The following are the sales during the month
as reported: 1871 400 pounds, fleece and puIJ-s'
S0975c; 80 0oo pounds tub, s0@74xc; q 90
pounds combpg, al 74c; SO OOO Noils, 4n@s6xc.
SO, 900 pounds secured, 72ctasI O5; $4,000 POUNDS
ssh @46c; l5s,soo pounds Texas. s268
44c; $3.50 pounds Cape, 3sa42e; g. ,O0o pounds
Australian, 55@56c; : CO.. pounds Mestiza 90
a40c; 73l eco pounds Montsvideo, S6a40c: o.
900 pounds Buenos Ayres, at $3.50; loo. 100
pounds Bana ORIENTAL, at 35ko; $50 pounds
Salonica, a. a5c; $4,000 pounds Mediterranean.
at Soc; 5000 pounds Mexican, at SIC; Is OOO
pounds African 5000 pounds Donskoi, ssa42c;