The Providence news. (Providence [R.I.]) 1891-1906, 1892-04-19

tkeDOrtt0 -. II.
hue d Co., Providence and Boston)
PROVIDENCE, April 49,
The London wool sales are attracting
considerable attention owing to the high
prices which wool Is bringing. Prices to-
day are fully Is y r cent, or cents per
pound, higher than they were at the open
ing. Such AN advance can scarcely help
but strengthen the prices of Australian
wool in this market. Domestic wools are
also benefited. The effect, however, is to
strengthen the market and not to advance
it.
week has been light and prices remain
the same as last quoted. The market.
however, seems TO be more in favor of
holders than buyers. There Is coInpara-
lively little wool on the market for this
time of the year and the desirable lots OF
wool to be had are not plentiful; Though
dealers have taken a decidedly firmer
stand, manufacturers are not disposed to
purchase more than what their immediate
wants require. Probably the advance on
woods in London has stimulated dealers
here to make larger purchases than they
have heretofore made.
Fleece woods have been rather slow of
sale the past week but rule steady. Sales
of Xxx Ohio and Pennsylvania woods are
quoted at "a cents equal to about 90 cents
secured. Ohio X has sold at "a cents.
For Michigan X woods 2511 cents may be
considered very good figure. The
greater majority Of the sales are made at
25 to 25lS cents.
The stock OF No. clothing is light and
there is very little call for it. No. / Ohio
brings mostly 80 cents, while No. Michi-
gan is worth from 81 to 80 cents. Delaines
are quiet and not plen. iful. Ordinary
Ohio delaine will not bring over 30 cents.
Michigan delaine has been sold at 20 to 80
cents. No. combing wools have been but
little sought for. Transactions have
mostly been made on basis OF 80 to 81
cents.
There has been fair business done this
week in unwashed and understandable
wools Ohio unwashed has sold at 10 to
90 cents and Michigan unwashed at IL to
Is cents. Quarter bloods seem to be in
especially good demand, at a secured cost
of from IS to 46 cents
Texas woods have been quiet and with
out change the past week. There is prac-
while Of Fall Texas there Is but a small
amount held.
In California woods transactions have
been confined mostly to low and defective
stuff at . cents and upwards. Some de-
fective spring has been sold.
Territory wools are almost lifeless, sales
of fine have been made on "a basis OF 55 to
81 cents secured. Some short staple fine
has sold as low as 81 cents. There is not
much Montana wool here. The past wee k
has been an uneventful one in pulled WOOL
What sales were made were of medium
grades. Good B supers sell at ~ to AZ
cents clean. A supers are moving fairly
well.
Australian wool as we noted above have
been much more active this week than
last. The sales for the week aggregate
900, 900 pounds. Sales have been made i'm
this market at 40 to Al cents, which would
be equivalent to so and 81 cents on a second
basis. Choice, long, deep grown combing
Australian brings from 6S TO 1S cents
clean.
At tho London sales the past week
American buyers took but little wool: out
of total of 10000 bales disposed of OH
Tuesday, but 5000 bales were bought on
American occount
The sales in Boston market for the past
week amounted 10 1,507. 100 pounds do
mestic aud 1,l02,0O0 pounds foreign,
n total OF 1900, 900 pounds for the previous
week and total OF 1.632, 900 pounds for
the corresponding week last year. The
total sales in Boston market since Jan. LIST
amounted to 43,si3,693 pounds, compared
with only 80. .29S, ,231 pounds for the cor
responding time in 1891.
The receipts of wool in Boston market
the past week were 4,SS3 bales domestic
and 4,sl5 bales foreign, making a total OF
g,69s bales, against total OF 1069l bales
the previous week, and s,397 bales same
week last year.