The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1872-06-27
The Wool Market.
(SDecial DisDatch nv Tnternationa

Special Dispatch by International Line.)
BOSTON, June 26-[Reported for the Press. 1.-The
following is list Of prices quoted this afternoon:
Domestic-Ohio and Pennsylvania pick-lock IA %
dunn 70 q 72c coarse IS 9 SIC; Michigan extra and
Xxx 81 g zoe; fine s. g SIC; medium 6S @ zoe; COM
mon e3 q CSC; other Western fine and &c q CSC
60 q 75c; superfne 60 a 80; No 1, As a 55c comb
ing fleece rs a 80c California rs a 5sc Texas IS
q SOC; Canada IS q 75c; do combing 80 q 85c; Smyr
ma washed 30 q SIC; do unwashed 20 a 40c; Buenos
Ayres IS a 4Sc Cape Good Hope 80 a 43c; Austral-
ian 30 62ic; Donskoi 50 q soc; Mestiza pulled 52
q SIC.
The demand for wool continues moderate as buyers
and sellers waiting further developments in rela-
ton to the London sales now in progress. Manufac-
urers as general thing are not disposed to antic-
their part would only tend to excite the market and
put up prices to point altogether unwarranted.-
Notwithstanding the steady decline for some weeks
past and the large shrinkage in prices of foreign wool
the wool growers of the West appear to look upon the
matter as "bear" movement on the part OF Eastern
manufacturers and buyers, and appear to overlook
the large arrivals Of foreign WOOL exceeding since the
list Of January the entire import of 1871. 1t should
also be remembered that the California clip still re-
mains in the hands of SPECTATORS growers, while
at this time last year considerable Of this clip had al
ready passed into the hands Of manufacturers and il
parties at the West disposed to hold their wool
instead of meeting the market at the current rates
and force manufacturers to turn their attention al
most exclusively to foreign do not see how in the
end they will be gamers by the operation unless mar
kets abroad advance materially, of which there is
certainly no indication at the opening.
In New York the market for foreign continues very
quiet and prices, though without quotable change,
are scarcely so strong There is some inquiry, but
the views of holders still much above those Of
manufacturers that very little business has been
done and that only at concessions from asking prices
South American Sheep Skins quiet and rather IA
buyers. The stock of fine qualities is light. The
fact is the present lull in all the markets very IA
vOrable of trade for it tends to check specula
ton in wool and everything else. But regards the
dry goods market We have grave doubts whether the
supply of class of desirable fabrics is in excess of
the increasing necessities Of the people. Low grades
of woolens adapted to mems wear perhaps in
oversock at present. and so long there is legt
innate demand for them it would be futile if INST folly
to force them to sale on dull market, because it
would be difficult task no doubt to realize cost on
this class of goods Manufacturers erred no doubt in
making too many low woolens. The high cost Of
wool and the scarcity Of clothing descriptions in the
Spring caused them to seek for substitutes in the
and dullness now prevalent, and traceable to some
extent to the inferorty Of the goods Offering When
materials are scarce and high producers should
always aim at turning better quality of goods which
would require more care and attention in finishing
the same, and thus lead to a lessened production.
This is what mill owners should do instead Of running
their looms the class of goods with headlong
speed; and this is what we have always endeavored
to nculcate into the minds of manufacturers for
believe 1t is healing balm at any time than the
closing of mills and stoppage of machinery.
In Philadelphia as yet the market shows no i'm
provement, although there seems to be little more
inquiry the part of manufacturers, who would buy
freely if holders to submit to liberal
concessions in which they do not feel justified, ow-
ing to the high prices ruling in wool growing districts
Brighton, Waterfowl and Medford Cattle
Markets.
Special Dispatch by international Line.)
Boston, June 26-At market this week:-Cattle
1908; Sheep and Lambs, 5137; Swine, 10950; Veals
sos; last week.Cattle, 1880; Sheep and Lambs 6O63
Swine, II 800; Veals, 49,
From Misunderstanding.
PRIcEs..Beeves-extra quality 81 so g 90; frs
Saay ausfS pdo s s.d Is Of
oxen. bulls, &c, - 90 q 80 v cwt, live weight.
Brighton Hides q eic; Brighton Tallow 5 q 6ic
Skins 75c y skin; Dairy Skins 81 90 q % p skin.
Working Oxen and Store Cattle-The trade at th
season of the year in this class of stock does mo-
week being all the market requires As soon gras
fed cattle begin to in freely the trade il
the above class of cattle will be better.
Mich Cows-Most of those in market are of a com
mon grade; prices range from $40 to $50 per head.
Sheep and Lambs-Western Sheep cost from 81 t
Swine Pigs, Wholesalers q TIC p fb retail
q g sc Fat Hogs sales at a q &c; Columbia Count
Pigs g 10c W ib.
Remarks-The trade is still principally confined t.
beef Cattle, there being but few Northern Cattle il
the market and none from Maine. Buyers are in tn
market every week from Maine, and quite humble
of beeves were bought for Bangor and other Main
Albany quite large number Of Cattle were left bael
and will not get in until to-day. There were but
few extra lets of beeves in market but few sellin
as high Sc " fb. There a large supply of Tex
as Cattle in market, and most of them Of a common
grade. -. -s-.. z... EFle ~
We quote sales of 80 Western Cattle, average weigh
1894 TBS, at TIC 10 live weight; 90 at 7Ac ID, Gv
weight, average weight 1910 TBS; 26 at Gle b, liv
weight, average weight lilo lbs; SO at 5sc ID liv
weight, average weight 1901 lbs; z at sc ib liv
weight, average weight 1875 TBS; 80 at 7fc " ID, liv
weight, average weight 1919 TBS; q at 7ac ID, lv