Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1877-06-07
Wool.
New York.

the market has shown a somewhat
slow and irregulsr tone. The close
cleaning up OF old stocks this season
/ au'es 4 c ity of fieeces, and dealers
lsay that Tor few choice lots they
,cuuld obtain a quick market and q full
price. The demand ,,howeyer, is en-
trely free of any speculative elements
and based in The main upon wants of
manufacturers, a few of whom having
held off until nearly the last pound is
consumed must obtain some sort of
tsupply for current necessities. 10 As 'ss-
fsortments and quantities from the new
clips increase there may be expected a
little more lie, especially if the ruling
conservative tone of dealers is retained,
tine tendency being rather to keep sup
lplies in motion whenever fair bid can
tbe drawn out than to pile up and await
doubtful chances for large margin for
profit. AT the nearby points on the
coast the collection of fleeces is also
small and broken, but holders as rule
have appeared willingly TO accept a fair
bid on what remains. Advices from
the country indicate pretty high no
tions among producers, rares asked be-
ing as a rule relatively much higher
than here. Sales of 5000 Tbs Ohio
ftieeces X and above, 40c.; 5000 fbs tub
washed at 40c; 10000 lbs fieeces, 37kc. x
land Xxx; 40, 600 fbsi fine medium Texas,
22a27c; 43, 600 TBS Eastern Texas, ga 3S9c;
10, 900 lbs do, 23c; 4. .OOOlibs do, 2Sr; 80 bales
spring California, 23c; u 900 do, 20a24c;
l30. 600 Tbs do, 21a2SI; 25 bags fall do 2Oe;
800 black fall, 16a17c.-Bulletin. - = y
ROsfOu. -a
It has been a very active week in the
wool market, the extremely large -ag-
gregate of 2,055, 900 Tbs changing hands.
of which l, ,000,U00 TBS are new spring
California. Manufactures stocks have
run down quite low, but dealers are
not disposed to press any slight adj
vantage they may have, being on the
whole rather anxious to sell, spite of
the light stock. AS a consequence the
market is steady and unchanged.
The situation is an interesting one.
lowing to. the large proportion of the
California clip that has been shipped
by the Cape route, as we'll rs to the de.
| lay in the arrival Of that sent overland, i,
stocks are very low as compared with
previous years. AS for 'heeces and
pulled w0ols they were never 50 much
reduced in supply. But for the i'm
ports of Australian and Cape wool,
direct and by way of London, there
must either nave been another advance
10 fine fieeces or shutting down of
production by some of the mills W hich
lconsume that description of a0ol. ...-..
81 And yet there is nothing toswarrant
any decided advance in prices for the
new domestic, clip; and buyers from the
East " itl7Inake serious mistake if
they ran up prices on 'Jne.another, and
|growersiftffey refuse to meet the pres
ent market. To the first place mand-i
factorers cannot afford to pay higher
prices for wool. The margin for profit
.iur them is now as low AS in the worst
periods oi depression, and an advance
in the price OF goods will certainly re-
strict consumption ...-i i...,s -,..-, .s'7n-l
The weeks receips foot up 4,069 bales
domestic and ,05S bales foreign.
The sales foot up I 800, 900 TBS domes-
tic and f55, 200 TBS foreign. 1s bai usd-
Included in The former are the fol-
lowing sales Of fleece wool: 500 TBS
at 2Sa40c; 50, 200 Xxx on p. t.; 5000 lbs
OHIO at 40s; II 100 on p t.; 4, 600 lbs fat
sheepfat 32Ic; ,000Ibs Ohio at 42Sc; |
900 TBS at 4Oa5Oe; 5, 900 lbs fine Michigan
at Ace; 8, 500 TBS -PennsyivaniaXX and
above at 4Sc; l, 200 Tbs Xxx fat sheep at |
Doc; 1000 lbs do. do. at e34c; 1900 TBS
Ohio x at 40c; 1000 lbs fat sheep at 25c.
Bulletin. Il
Boston, June 2.-WoOl-Was active
and prices we'll sustained. Medium
md double extra Ohio, 4Oa42fc.; double
extra Ohioa and Pen asylvania,, 46a4 4Sc.;
Michigan and Wisconsin, 3Sh40c.
Pulled wool was in very fair demapdI
It 35aS6c. for super and 37sa40c. for ex-
ra. :, a.,... .t,.-s. -.-,.- 5.,.. :, /
-, ~ Philadelphia. Ig
The circular of Coates Brothers,
Tune 1st, reports as follows: All the G
WOOL markets have been quiet duringt q
he past month, partly because there Z
as been little wool left to SELL and U
artly because buyers have been hold
ng off until the arrival OF the new 9
lip so that may find y better assOrt-
tent. A few lots of desirable grade
hitch have come TO market have
robght full figures from purchaser 4
no were forced TO have current sup.
lies, but the general, impression is I
lat when stocks of all kinds are larger =
10y will be able 10 buy at some con- {
,ssions from present values. Asprac-