The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-02-07
WOOL AND HIDES,

Tho trade In woollens has shown some improve.
ment and All increased demand. The last Two
weeks have witnessed quite II large trade at
higher prices, developing more inquiry. One
single house made sales yesterday of lots of
over 40 900 pounds each, nj an advance OF one
thirty days previous, Walter Brown u Co, in
their three hundred and thirty eighth circular
will speak somew hat as follows;
Since the opening of the month, there has
been decided Improvement in the condition OF
the wool market hot so much In any advance in
the prices obtained as In II more confident feel.
lug on the part of both dealers and consumers
that the depression of the previ-
GUS months was OYER and the
mand for both the raw material and the manu-.
featured article TWAS hardly supposed by thu
holders 0t,Wool that manufacturers would care
to buy freely until they had an opportunity to
see the result Of the opening of their heavy.
weight goods next month, but contrary 10 this
expectation, manufacturers lsve been liberal
purchasers where they could find woods ut the
low valuations of the closing month of lSS2 The
natural result of this better inquiry for wool has
been 10 strengthen The views of dealers, aud
thereare few lots the staple to be bought to-day
except NJ mn Improvement In prices over those
| OF January l. AZ the same time manufacturers
hesitate about paying any advance over the
| lowest rates, and MS yet no established gen
| era advance can be quoted. Although The
quite large, they would have been very materl.
| ally increased had not dealers been 80 trm in
| their views. and refused prices they would have
| gladly accepted month ago,
II is probably correct statement to say that
| the mills, AZ rule, began the new year with a
| smaller average stock of raw material on hand
than for several preceding years II is also no
| hceAhe that the sock OF domestic wool In Ros
| ton, January, !, 1888 was l,tS0Oto pounds less
| than January, |, lSS3, and the ok Of foreign
| wool WM 6SNWO pounds, ora total of over
| three and one half million pounds 1t Is also mo-
| uccable that Of the stock ON hand, January l.
| 1888, S527,uOO pounds were territory, etc. WOODS
| against 2,2i3,0OO pounds OF tho same In 1881
| The conclusion TO be drawn from this
| IL that of these woods 1t takes nearly three
| pounds to Yield one pound of secured wool
| whereas, OF domestic washed fleece II takes only
| about two pounds to give one pound OF cletnsed
| stock Hence, Ss these territory woods actually
show an increase of about l,S00,000 pounds oycl
| the amount on hand January |, 1881 and being
| stock OF heavier shrnkage than the average
the actnsi falling or of stock on hand as com
| pared with u year ago, taken In secured pounI,
| is greuter Than Is W first apparent. The s,ool
OF wool In Philadelphia was found upon care,u
| lnyo tlga,0u much smaller than n year ago
| III same is true of Hartford Connecticut M,
| cold weather for the last few weeks has been o
| great advantage To the retail dealers In IN,
| west and northwest enabling them to reduc
shoes, rubbers, etc.
QUOTATIONS TO-DAY.
Fine spring per ID, ~ Ia 80; medium snrIr
per ID, 20 10 pc; Mexican improved per ID, i
l. lsc.; burr Of all Grades. 2to &c, OF.
HidSs-Dry iint sound and heavy 70 to II,
light . Ia to loc; wet salt to 7I.2c grUoi
butchers, 8 10 TO &c, all damaged, wet or ar,
half price DeersKins, 20 10 40 gheepskius
] and shearl.ngs, s to lbc.