The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-04-05
waiter Brown q sons lIonthly
Wool Circular.
NV YoRx, April 8.

HkW 1oAkt Aptll o.
There has been no improvement in the
Wool Market since our circular otMarch
lat; we have gone through the month
with . demand for the staple which, be-
ing governed entirely BY the limited ne.
cessitie, Of manufacturer, has caused =
gradual and steady settling Of prices
from the quotations Of 80 days ago.
The representatives Of most Of the large
mills throughout the Eastern States have
visited New York during this period, but
apparently more with . desire 70 ascer.
tain why their goods have not sold more
freely, than TO supply themselves with
wool. From their commission houses
they do not get much encouragement for
the immediate future, and with little
prospect Of finding q ready market for
their goods, they are generally disposed
to curtail production "a much as posi-
BILE and limit the purchases Of raw ma
terial to the absolute requirements OF
their cards.
On The other hand, while holders Of
fleece woods show q desire 10 close out
the remainder Of their stocks before the
new clip comes on the market, and are
willing 10 make some coneessions 10 meet
the views Of buyers, they are at the same
time we'll aware that the quantity OF
wool, both at the seaboard and in the In
terror Il comparatively small and easily
controlled; they also feel that manutac-
turers are not heavily stocked and will be
Obliged to purchase the woods on hand,
before any Of the new clip will be ayaila-
BILE. In this view OF the case, they think
the bottom Is nearly reached, and rather
than shade too much in price, will hold
their woods, trusting TO the gradual alb
sorption Of their stock during the re-
mainder Of the season.
The general dizziness in wool has been
distributed throughout all grades, with
perhaps less etfecto on good medium fleece
and pulled than on the finer qualities
suitablefo r the better class o tgoots; these
have suffered materially from the depres.
Fine Woolens have been slow Of sale
ut re~muneratiye prices for more than
twelve months past. The general de.
UreAki0N Oh tEauet Auu hue SeSap1ASoa
views entertained by all classes Of the
people, have tended tolimit the purchases
81 clothiers to the medium and lower
prades Of goods. Fine goods have, there.
fore. accumulated in large quantities
from time to time, and as our mannfact-
urets are confined entirely to the home
markets for distribution Of their goods,
IL follows that whenever such accumula-
lions occur, the goods must be lowered
to a point at which they will move into
consumption. While this i, no new feature
in the wooden manufacturing business, 1t
Ia by no means encouraging.
The Tariff bill, now before Congress, is
construc.ed with such an absence Of dis
crimination that 1t seems to be unsstis.
sactory to all parties concerned In the
various great interests which 1t Affects.
The best informed persons whom We have
met are Of the opinion that it will fail 70
become a law in It's present form, and
that no Tariff bill will be passed this ses.
sion. -.
the indications are that woods, at the next
elip, will open at low figures. As the
spring advances, we shall be able to see
moresclearly into the future, and be able
to speak more intelligently in regard to
the values Of next years wool.