The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-07-05
WOOL, HIDES AND PELTRIEs.

The market for wool and wooden goods
has been In dull and depressed condition
both east and west for some time past. The
New York Commercial Bulletin reviews the
situation as follows:
The supply OF domestic woods has re-
ceived steady additions, as the outlet Dy NO
means balances the arrivals, and the apathy
of buyers in the majority OF cases appears
qaite as positive as ever. Indeed, 1t Is some
what discoursging to take a tramp through
the wool district and find operator alter
operator repeating the same old story, and
many suggesting the folly of attempting a
canvass Of the situation for the.present.
Manufacturers claim an entire absence OF
encouraging features for their product and
deter mination to refrain from investing
in material until their looms require q sup
ply, even the reduction in the running ca
paclty failing to help goods and increase
the needs of those who still remain at work.
Advices from Inferior points report con-
siderable firln talk in some sections, but by
no means unanimous, as growers and their
local dealers have too strong evidence that
the absence Of buyers is not due to any, pre-
concerted "bear" movement, but solely to
the fact that no one wants wool in quantity
this season, and, indeed, are scarcely will
ing to handle enough to fix rates. How
long this situation of affairs will continue
is of course, problematiCal. but no dou Ut
until the new tariff goes into effect and has
been tried. Certainly, buyers could scarcely
want any more general advantages than
they now possess, and II the clip 10 not
secured this season at a reasonable cost 1t IS
because there is some poor management
somewhere. Bad as the market appears,
however, there are lurking tendencies to
construe favorable features Il the other
side So far as the tariff is concerned the
influence has, no doubt, already been
largely discounted and the main point at
issue is the results of the stoppage OF pro-
duction. OF course idle mills reduce the
consumption of wool, but while production
is at stand the goods market is likely to
be steadily workinginto shape, which must
eventually bring about a resumption OF
operations and sharp call for supplies, as
no manufacturers have any old accumula-
ton to fall back upon, and when they do
want wool they will expect quite as quick
delivery as those who are now buying and
calling tor prompt shipment. Further
more, even now there is a considerable
amount of consumption going on, and some
of the mills saw they will not find it neces-
sary to stop. No reliable authority esti-
mates the number of cards lying idle at
above about 700, and even with some OF
these the shutting down is only nominal.
as small special contracts are frequently
taken by those who have given up their
regular work for the time being.
TO-DAY's QUOTATIONS.
WOOL-Mexican, free of burrs, 12@l4c; Mex
lean improved, 1591Sc; coarse, 17@l9c; coarse
medium. l902Oc; medium 2O92ic; fine medium
2I@23c fine wool, according to dirt and con-
dition, 15@23c; bury, 3@l0c per pound less
according to burrs.
sound, 13c; light hides, under II pounds, free OF
grubs, lOc; light hides, damaged or one grub or
more, &c. bulls bad and damaged. Sc; dry salt
ed, 10c; wet sailed, &c; green hides, &C.. o
15c; goat skins, 15@25c; sheep pelts, as per WOOL
2O665c; shearlings, 10@15c.
TALLOW-Prime tallow, &c; tallow grease, 5@
SIC; grease yellow to brown, 4@5c.
BEESWAX-Prime yellow, &c; dark and adul'