The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-06-16
WOOL AND HIDES.

THERE Is an immense business transacted II
] Dallas In hides and wool Probably II is safe L
| say that three-f0urths of the hide products anC
one. fourth of the wool clip from, Marshall TO +
| Paso seeks Dallas as n market Prices are still
| strong and the demand remains firm, and these
| favorable conditions are liable to continue. We
| make the following;
QUOTATIONS. TODAY.
Fine spring per d., % 10 2Gc.; medium spring
per ID, q TO 23c Mexican improved per ID, /.
TO 1fc,; bury of all grades. 2 TO &c. of
Hides-Dry iiint sound and heavy, IL to lic
ditto light, 10 TO 12c; dry salt, heavy, lie; ditto
light ~ to Toe; wet salt to l-2c green,
butchers, IL To &c; all damaged, wet or dry,
half price. Deerskins, 20 to 22ci sheepskins, q
to 5Oc shearings, to l5c,
Beeswax-lt to lSc per pound as per color.
Tailow-ln barrels, o. In cake, &c per pound.
The last issue of Walter Brown & Co. s Boston
wool circular says; Although We can report no
new developments in the wool market during
the past week, and our previous circular would
answer for an account of this weeks business
as far as any changes are 10 be noted in either
the demand from manufacturers, prices ndvi-
ees nom the interior, or its general condition,
there has been nearly fl0, 900 pounds more wool
sold this week than last and considering the
extremely limited consumpuye demands, and
the absolutely no demand for speculation. pres
ent prices have been well sustained, and while
In some instances concessions are necessary to
effect sales nearly all of the ten desirable WOODS
are held with confidence, and until tho
ncW Wuol5 DVpll 10 IrflFe freely lle general
impression is that there will be no
material change from the values now
ruling, as the lghtness of the stocks
renders holders comparatively. indifferent about
accepting lower prices for their woods, unless to
close old accounts, or for some particular rea-
sons of their own, MS it is doubtful whether they
can replace them at better figures in the coun-
Try, but the tendency among wool men generally
Is TO sell, mud should the existing dizziness
continue, combined with the near prospect of
al at ura fpA. ill la
The future of the wool market is almost invaria-
bly, mere specuLtion; and while probably ull
connected with the trade have their own ideas
OF The subsequent course of the market, The old
est and most experienced men IN the business,
whose positions would enable them to compre.
bend, as positively as such an abstract subject
could be comprehended, the causes which inilu-
ence the supply and demand, and indirectly reg
nlato the market will generally acknowledge
That they absolutely know but very little about
H. Although some are fortunate enough to oc.
casionally hit upon the right time when to sell
and when to hold, the majority of wool men act
upon the principle that the time TO sell is when
consumers wish to buy, and to meet the market:
and especially has this been true of late years,
when manufacturers no longer purchase, ex-
cept In very raro instances, their stocks
for SIX months ahead, but run their mills us far
M Is possible upon orders, and come into tho
markets to buy only the grades required to I'LL
these orders. There will undoubtedly be a
large amount of wooden goods both In the piece
aud manufactured, carried over until another
season, but rs they are In most cases out of the
hands OF the manufacturers and commission
men, and Into those of the jobbers and retailers,
the mills Will probably continue to run, and con.
sumo about the amount Of wool they did last
year; and as late and warm fall may possibly
repair the injury done to the wooden goods trade
by the unreasonable spring. the oyerstock OF
goods may have no sensible effect upon the
price of wool the coming season, and the demand
continues good, with prices steady at the now
current quotations.
for the Texas product: Choice northern clips at
80 to 3Sc average ditto, ut % To 2Qc; choice
western clips at q TO SOC. average ditto ut "A to
&c, sales, SlS 500 pounds.
The sales for the week. as reported, are DO.
nestle fleece, etc ,227 SOC pounds; pulled, 235,
0, Q pounds; foreign wool, ~, 500 pounds: total
sales ,65G, 800 pounds