, 1874-01-30

IN Fobrnary and Narol 69s 6d@e6s. American mixed
corr for srcn IN February mud Marcel, 30s 61d4os.
From aootge =: Mooso i Goa snnual wool
report wo o1tract, tho following: -;
thu ase s ws 81 Sos t tG' e9e @ e
900 iba Of foreign wool in. bond. Iosijos good
stocks III manufacturers hands, and tho greator
part Of tho hume clip Of 1879. not yot t1arkotod,
the bulk ,bong hold by farmers, local country
importations Of long staplod fia,o wool, dnring
thu Inst hals Of tho l;reylaua ynar led to largo
consumption Of those kinds, aud tho home pro-
duct bad III consequence boon much neglected:
and woolons w.s destroyed, lod to IN
extraordinary domand, nnl tho total amount
Of wool brought into tho Unitod Btases for the
first SIX months amounted to tho round s,lm OF
43,ooo 600 lbs, Of oil kinds. The largo stock. at
largely noroaHed In tho early months Of thn yenr,
tho coming domestic clip, large supply ind inl-
porthtions or woolons. together with tho confu-
Hon mud losAos occaBtonea BY tho tlro, al load to
July, and tho taking up Of tho homo clip at low
agurcs. Tho gold In bond price OF wool WAS
lower than III Europe. md oonBieerable exports
were made to England and Belgium. Tho panic
made at low ratos, but on tho Inst Of November
prceR advanced owing to tho bet,or finnnon} foei-
Ing andimpreaston that domestic wool had largely
gone into consumption. and the stock Of foreign
flno wool was small. Accordingly, the year 1874
oponB with smaller stock Of domestic mud for
oign wool for Balo thnn any soason since 1870.
Tho clip and tho pullod wool Of tho United
stntoa haH boon placed BY ono brokor At IT. 009,-
600 pounds for 1878, and for 1879 ut 190 600 00o
pounds. Tho statement is not susceptible Of
| consumption Of tho United States exceeds
25U. .000, 700 pounds Of wool, ,excuafyo Of ahoddy,
nnd other materials used with WOOL
In addition to domestic wool, TO used, in
Atrated in our report for january, 1878, and
o6, 900, 900 pounds for 1879, as shown by statis-
ttcs herewith, Or IN average for oaol Of
two yeara OF 77,ooo,ooo. pounds, Tho aver.
product bo correct for oaoh year, il 1o7 o0o, 900
| pounds, which would give an annual conRun1p-
| tion Of 2l4, 900 600 pounds, provided tho stocks
| on hand at the commencement and close OF the
| torn were eqnal, and tho stock eof all woods Is
undoubtedly less at tho CLOSE, mailing consump-
ton larger. Applying tho same test to four
| yeara the result will 10 worry nearly the Same.
| Tho amount is moro than the full running
capacity Of every Hot of machinery IN tho coun-
try for The full number Of. working days 10 .
wool Of the United States for 1873 at 135,00O, 600
pounds, basod on all woll digested information.
|Ali evidence concludes that 30 long aB woolcn
mills are kept in full operation, and until suoh
L u A0lu96kAN HNV4 nAkAl4 W
eAual to consumptiye requirements, we must
import to supply tho deficiency, aud Hnce, III 1872,
we consumed 50, ,o00, 900 Lbs foreign, md In 1879
68,000, 900. md tho increase in tho clip caunot
exceed 1000, 900 for 1875 tho amount to he i'm
ported for 1874 will not be incousiderable. Tho
quantity Of 1lno loug wools now for salo boing
| vary light, and not enough to moot tho demauds
till shearing- time, 1t seoms important that re
1 look for source Of supply. ...
The total imports Of wool into the United
Btates for thu yoar amount to $685. 595 lbs,
valued at SIS, III, SOL, and the total exports
8,274 1868 lbs, at 81, ,789, ,2S5. Following is sum
mary Of exports and imports Of wool for 1878.
I In bond, Jan. ), 1873, On hatld...... 3t,3d7,B0e
| Imported during the year. 61,03s,bD;
L asanI ae