The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-02-08
WOOL AND INNS,

Thetrade In woolcns has shown somoimpfovo.
fnenl and an Increased demand The last Two
weeds have Witnessed quite large trade NJ
higher prices, developing more Inquiry. One
single house made sales yesterday Of lots Of
over 40 900 pounds each, NJ Nh advance OF one
cent per pound over prices for the same grade
thirty days previous Walter Brown co. In
their three hundred and thirty'elghth circular,
will speak somewhat as follows.
Since the opening OF the month, thoro has
been decided Improvement In the condition OF
the wool market not 80 much In any advance In
ths prices obtained as In a more confident feel
ing on the part of both dealers and consumers
that the oppression OF the preyi-
Gus i. '':ls was over. and the
mand Tor both the raw material and the manu-
featured article TWAS hardly supposed by the
holders OF wool that manufacturers would care
10 buy freely until they had an opportunity 70
see the result Of the opening OF their heavy
weight goods next month but contrary 70 this
expectation, manufacturers have been liberal
purchasers where they could ma WOODS az the
low valuations of the closing month OF 1881 me
natural result of this better inquiry for wool has
been to strengthen the views OF dealers, ana
thereare few lots the staple TO be bought DAY
except at an Improvement In prices over nose
of January ]. AT the same time, manufacturers
hesitate about paying any advance over the
lowest rates, and as yet no established gen
cral Advance can be quoted. Although the
transactions Of the past four weeks nave peSh
quite large, they would have been very malerl-
ally increased had not dealers been SO nrm III
their views, and refused prices they would have
| gladly accepted a month ago
| 1t is probably correct statement TO say that
| the mills as a'rule, began the new year with Q
smaller average stock of raw material on mana
| than for several preceding years 1t is also no
ticeable that the S ock of domestic wool IN Bos-
lton. January, l. 1888, was 1.O30,UCU pounds Tess
| than January. l, 1885, and the STOCK OF foreign
| wool was 2 $4,000 pounds, or total OF over
three and one-half million ponds 1T IS also no.
| ticeable that of the stock on hand, January 1,
1888, 3527, zoo pounds were territory ETC., WOODS,
against 2,243000 pounds of the same in lSS2.
The conclusion to be drawn from this
is that of these WOODS 1t takes nearly three
pounds to yield one pound of secured wool;
whereas, of domestic washed fleece 1t takes only
about two pounds to give one pound OF Gle ansed
show an increase of about 100000 pounds over
the amount on hand January l. 1882 and being
| stock of heavier shrinkage than the average,
the actual falling off Of stock on hand as com
pared with year ago, taken in secured pounds
| Is greater than is ut first apparent The stock
of wool in Philadelphia was found upon careful
| inve, tgation much smaller than year ago.
| The same is true of Hartford, Connecticut The
cold weather for the last few weeks has been OF
great ad vantage to the retail dealers in the
west and northwest enabling them to reduce
| their stocks of heavy goods, woolens. boots,
| shoes, rubbers, etc.
QUOTATIONS TODAY.
Fihe spring per b., % to 25c.; medium spring
per lb., 20 to DC; Mexican improved per lb., IL
10 16c.; bury of all grades. 2 to 80. Off
Hides-Dry flint sound and heavy IL to 14c;
ditto light 10 to 12c dry salt heavy lie; ditto
light 1-2 to 10c; wet salt to 1-2c; green,
butchers, l-2 10 &c; Ill damaged, wet or dry,
half price. DeersKins 20 to &c; sheepskins. 70
and shearlinge to l5c.