New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-09-23

running and there was little prospect that Disk mar
ket could be secured for the material during niS
state Of uncertainty the wool clip OF June was thrown
upon the market, and merchants bought IL III az
low figure The mills throughout the country began W
rum and as the season advanced manufacturers ounu
orders crowding in rapidly than they could HI
them It was necessary 10 purchase the raw material
snd those who bought it low figure In June
began TO reap the benefit OF reYiying uade'
The wool dealers who purchased in June, when WOOL
growers were glad to turn their products INTO moh'5
realized when the demand set In an average prout Oh
from eight TO ten per pound equal TO ~ or 20 per
cent The dealers who made purchases In the early ma
ket received for best Ohio Xxx and xxx washed WOOL
42a cents to As cents per pound Many merchants are
of the opinion that this class wool worth at least %
cents per pound to-day. When the rise came, wool
known by the brand of x, or three-quarter Dlood'
brought from 80 cents 40 cents per pound. when
furnished profit Of 20 to 20 per cent The class OK
wool known as No l. half blood sold for 3s cents to
40 cents per pound which also an increase OF fr m
20 TO 25 per cent upon the price paid for It, ComDing
wool realized A. to So cents per pound which was
an advance OF about 20 % per cent Ths class OF
wool is considered scarce at present Wool OF medium
class has not been much demand and consequently
the price has advanced to the same extent as on nhe
gOOts. III, ,ooo 90
higher figure, merchants say, Will depend alogether
upon the market for wooden fairies They assert that so
long az the Cemand from the mills continues tne IaW
material IL certain 10 rise Ill value. lucy
there is not enough wool produced In this country 20
supply the manufacturers OF WOODEN goods ana that
wool Is bound to advance to the figures which the I'M
yersations had with several merchants engaged IN
the wool business the prevailing feeling manifested was
that Judging from the present state OF the market te
wool business would continue good throughout the ran
and Winter up February These merchants suggeseu
that II tue manufacturers OF wooden fabrics c0ud nave
the choice wool from the different countries OF Europe
the American products in few years would ma mar
ket with foreign nations In order TO make gOOdS VI
every grade il Is necessary 10 use some classes OF inc
raw material produced IN Europe The hlgh rate Oh
duty, the merchants affirm, has made AustIallah,
German and other woods unavailable. Inc duty upon
the raw material. imported III tue ordinary cOndOh,
as now and heretofore pracced," IL on 1rstclass u-
washed clothing WOOL costing 81 cents or less 10 cents
per pound and IL per cent al yaOrem Upon I'M ashe
wool costing 80 cents the duty Is IL cents per pOhI
and 10 per cent al vaOrem The duty upon Washed
wool double these rates The duty required on cVnD
ing or second wool Is 10 cents per pound ahG II
per cent ad yaOrcm for goods costing ~ cents or Tess
per pound The duty upon the third class, Whlch ~
cudes pet and similar wOols Is three cents per pOhu
for washed aud unwashed costing II cents OF less per
pound on that OF than IL cents per poun! yaiue
the duty is six cents per pound The total receps ol
wool NJ NewYOrk from foreign countries from IAN 10
bales for clothing making 9Sl bales, compared with
81 bales for the corresponding period IN 1870 The
number OF bales OF domestic wool received was l2lo
n Is76 against ISIS for the corresponding period OF
the previous year. Merchants think that the lowest nE
ures for wool reached months ago ana that tIe
trade been started upon healthy AMI prosper
uua