Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1889-08-07
WOOL,
WHEELING. Anpn.tS.

WHEELING, August 8.
The condition Of the local market is Gb out the
same as last week, all parties concerned sitting
back and taking things easy waiting for some
thing TO turn up Reports from the Boston mar
ket in the New York Commercial Bulletin say:
The market is in a curious position which can
perhaps best be described as weak with an UNI
dertone Of strength. The effective inquiry has
been 50 very limited Ia spite of the quite liberal
attendance of manufacturers that there is even a
report OF 4 regular Org tnization OF manufacturers
to bear wool Certain II IS that they are bring
ing every possible influence 10 beartO effect that
END though that any organization has been
effected is more than doubtful. There is
the liberal business in sample bats usual
upon such occasions and haggliDg is protract-
ed. The oilers Of manufacturers are generally
cent below the price nj VIII Oh holders are
willing to sell and in spite OF the small supplies
in manufacturers hands they seem prepared to
wait for something 10 give way. Fine wools
have given way little The sharp edge OF the
first Qu1tatiOns on new woods has been broken
off and the market is now no higher than in
December Present quotations show loss 70
those who paid the highest figures in the West,
and there is Il less eXul ant note IN Inc reports
which come ftom Western centres. dun
woods on the other hand have held up wonder
fully well in the face Of disappointing de-
mand.
"This reaction Is natural and usual result from
the wild excitement in the country which rushed
wool up beyond Its normal value How far this
reaction may extend is another question. IL Is
known that The elipshows shortage in almost
every quarter. Manufacturers have been buy
ing from hand TO mouth Throughout the spring
and their supplies less than usual at this sea
III in spite OF liberal purchases in the country
Europe is firm and any legislative action is like
ly 10 strengthen rather than 10 weaken Ameri-
can wool In the face Of these facts 1t is not
extraordinary that there are dealers who
announce that they are ready 10 pur, hNse heav-
lily on speculation, should the market sag little
further. To-day, however there is little de-
mani for fine wool, and the general range Of
quotations is about cent pound lower on
greasy wool than the eXIeme prices demanded
at the opeuing of the new clip
Prices in the country are 32c for tiue fleece
washed. occasionally 3315c being paid or some
choice clips; unwashed one-third of medium
fleece washed % n 3je; medium unwGshed % TO
27c tub washed IS to CSC.
PHILADELPHIA, Pa, August G.-Woo.-Quiet;
prices nominal aud unchanged; Ohio, Penn
sylvania and West Virginia Xxx and
$780, coarse Sass New York, Michigan,
and western fine or X and Xxx SlaSSc;
medium 37a3Sc; coarse 36a37c; fine washed
delaine X and Xxx S4a37c; medium washed
cOmbing and delaine 40a4lc: coarse do 3Sai0c;
Canada washed combing 3la6c; tub washed
35aiSc; medium unwashed combing and delaine
2ga3 c; co ne do 2Sa29c: Montana fine 20a22c;
medium 22a26c; coa rse 2211a2ij
Boston August 6.-wool market quiet, with
very lit cha1Pe: Ohio and Pennsylvania y
&c., Xxx 3ia35c: XX aud above 3ja9dc; No l
3S3 Michigan y 32c; No. l combing 40c; Ohio
fine delaine 36c; Michigan fine delaine 35c; I'M
washed combing 30a3lc; Territory Texas, ore gon
and California woods in fair demand nj 60a65c for
fiue, G0a63c for fine medium pulled woods steady.