, 1883-03-15
4 ELIGRA HIC.


CIV FRANCISCO, March :. s.--UUnsidera-
.nonnlgtion is indUAcd in Is 70 tie
,hab|e tone OF the wool market, in
,nssouence Of the passage oS the now
ss.;gyhll. and though no apprehension
entertained Of serious consequences
- .bo local market it is believed that in
,,,strv as fqr as the Eastern States is
sancfrncd. will be affected to Il certain
ovteot Thoreason assigned for exempt
m, tbe Pacific coast product from the
nneroton of the tariff is that the change
Is merely nominal, and does not apply to
,,raic or quality Of oyerpriced ESoodS'
Dealers generally regard tie situation as
hopeful and express no concern relative
IN the steady advance OF the market In
an interview with a prominent firm 1t
was said the future prospect for wool
ord WOODEN goods trade was as br &ht
"a If ever lad been. With the notable
evccDtion Of certain districts in the state,
where rain is sadly needed, all looks
wall Northern sections were never more
,roroisiliq. and very abundant yield is
ov,e,ted, as the season has been more
nroniti9us. and warranted the belief that
tbeclip would equal anything yet ship
ned TO this market A good local de-
mond has characterized the business Tor
The past few months, and there are mo-
cations Of an undercurcnt which would
seem to Justify much larger demand at
present if available stock was held.
Stock on hand has been exhausted, so
that there is Little to excite dealers, who
confne their attention to desirable lots,
The demand was very pronounced up to
January 1st, from which time TO the
nresent the market has been rather dull.
Choice wool, such as came to this mar
ket, found ready sale, aud i'll the event OF
any surplus, was shipped east, where it
was disposed Of at far prices. The lat
ter shipments were formerly made i'll
what dealers term i'll grease, or without
being cleanseI. In consequence Of a
rapidly extended trade new departure
was made two years ago by securing all
wool. whether intended for local con-
sum- ton or export to Atlantic markets,
so that q present some ten establish
ments in this city are doing an excellent
business preparing wool for general use
Oregon wool is especially desirable il
San Francisco, not alone for its Intrinsic
value, bat for its adaptabiity to mixing
; purposes, and thereby increasing the
value of lower grades. This is espec-
tally the case with Eastern Oregon wools,
which are desirable to all classes Of man
uiacture, owing to their very full staple,
and are taken mp in large quantities for
blending with theshorter tleeced Califor-
MIA wool. For this reason the local mar
ket is considered better than either Bos-
ton or New York. Oregon valley wools
proper are not in such active demand,
because not enough attention is paid to
improvement OF tiocks, and as result
the grade and quality Of wool runs
coarse. Valley woods coming from Rose
burg and vicinity, known to be a differ
ent type, and being finer and of better
grade, always control the market at ex-
treme values. Generally speaking, Ore
gon clips hold their own as againstota
choice woods in the market, and of late
much attention has been directed by
merchants toward securing their full
share OF shipments to this market.