The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1877-06-09
WOOL MEMORANDA.

The Harrison county papers think j
q good year to wait awhile to see wha
the price of wool is going to be. Fort.
cents is the starting price talked OF il
that region.
Wellsburg News.
A SLIGHT movement has taken plsc
among the wool dealers. Some tel
thousand pounds changed hands il
Brooke county during the week, at prices
ranging from thirty-fve to forty cents
for the best clips. Both buyers and sci
lers are somewhat shy of each other. L
is generally believed, however, that the
above figures will rule the market. Thii
is the only sale we have heard of, Mr.
Samuel George being the purchaser.
st. Clairsvllle Chronicle.
QUITE lively competition has arisen
between the railroads for the shipment Of
wool In this neighborhood. The Mar.
row Gauge have completed arrsngem ents
by which they can ship wool by the car
load at exceedingly low rates, viz: to
b ,ltimore at CSC per hundred; Philsdel.
phia at SO per hundred; New York at
6)c per hundred. Less amount than Car
loads will be about cents additional per
hundred. Shippers will do we'll to take
notice.
Steubenville Herald.
Wool has commenced to arrive at the
new wool house. Mr. Simpson, OF Wash
lngton county, Pa, brought wagon load
hnin ha n
very fine wool. His is the third lot in the
house. The association have sent out
1000 sacks, and still arc sending out
more. They are yet behind two or three
hundred sacks to fill orders. Wool is
coming from kentucky. Indiana, Illinois,
Ohio, Pennsylvania and West Virginia,
and large amount will arrive by rail
inside of the next ten days, an advance
shipment having been received from the
West to-day.
New York Bulletin. June 7th.
In about all essential particulars we do
not discover but that the general mar.
ket for the time being remains pretty
much the same as last noted. Msnufsc.
turers are slow and cautious in their
movements, and though the extreme
scarcity of some grades, and especially
fleeces, makes quick sale at full prizes
for the small odd lots dealers can occs-
sionaly offer, buyers appear to under.
stand the situation we'll, and as yet there
is no indication OF a desire to take hold
in a speculative way. The dread is that
values may be run up too rapidly on the
hrst of the clip, aud manufacturers
with contracts for goods to complete
be compelled to pay cost for material
which can hardly result otherwise than
entailing loss, and of course no futher
engagements will be made until there Is
q hope of margin. The exhausted
stock Of old woods and the stiff position
assumed by those farmers and dealers
who to certain extent control the new
growth, would seem to form basis for
more buoyant expectations, especially as
money is cheap and stock can be carried
easily. Indeed q portion OF the trade
already appear inclined to adopt this
theory as working base, and predic-
tions of more active business and an
addition to values can be heard. There
is opposed, however, y more conservative
feeling, from which grows the argument
that speculative advance is sell
dom substantial one, and that
of late the tendency of an
addition to costs through such in
nuences has been to drive away con-
sumers rather than to attract them, and
in fact to bring the handling of actual
supplies down to the most imperative
n .cessities of the hour. 1t is therefore
deemed more judicious plan to repeat,
as circumstances may admit, the form of
last year, and keep terms easy until tho
weight of the stock Is worked Oh, and
then, if the outlook is propitious, to add
TO prices, with a reasonable hope that
thew can be sustained, and especially as
those manufacturers who are loaded be-
come, through self interest, aids in sup
porting the position, and thus prevent
eating under by opponents who have
not the financial ability to carry stocks
of any magnitude, and depend on pur-
chases from week to week or month to
month, as the case may be, to keep mills
in motion. Trade this week has been
moderate, and confined mainly to Texas
- Nal;fornia prad0e.