The Providence news. (Providence [R.I.]) 1891-1906, 1892-05-17
WEEKLY WOOL MARKET.
Reported exclusively for the NEWS by q. III. Good
hue a. Co.. Providence and Boston)

OReported exclusively for the NEWS by a. H. Good
hue Co., Providence and Boston.)
May IA, 1892
There has been an Improvement MOTTO
able in the wool market this week. Hold
ers realize that the situation Is actually
strengthening and consequently they are
getting much firmer in their views. Trade
Is necessarily quiet as there is not much
wool to be sc,d on the market. The pos
SCISSOR Of a good lot OF wool that is at all
attractive to manufacturers, finds ready
sale for it at good prices, fully equal TO
those OF week ago and in some cases a
little better. The new clip has opened In
San Antonio and San Francisco. Prices
reported are very firm, being on a par and
in some cases higher than those here. 10
is now generally believed that the wool
sales in London next month will be at
prices as high as those of the last.
there Is much more doing in Western
wool markets than we last reported.
There has been considerable wool sold in
San Antonio, ranging from 15c. to 19c.
per pound. Prices In San Francisco have
gone up considerably OF late. At the
opening of the season they were from to
3 cents lower than those ruling a year
ago. but now they are fully as high. The
wool does not average as desirable as
year ago. Secured woods in San Francisco
are selling on about last years level, SOC.
being paid for spring and Sic. to SIC. being
paid for mixed wool. In Utah prices
have ranged from 15c- to 17lGc. Heavy
wool has sold in Wyoming at about 15c.
About all the above-named prices are as
high as the wool will sell for here. Snow
storms have interfered considerably with
wool gathering in the West. Rains in
Kentucky have also considerably delayed
the clip. From "A to 25c.- is the ruling
price in that State. In some parts of the
State woods have be sold from 2lc. to 23c.
For q clothing, % cents Is generally
realized. Unwashed Pennsylvania have
gone off at 10 cents.
In this market choice Ohio and Penn
sylvania fleeces are bringing full prices
A sale of about IL 900 Xxx and above is
reported at 81 cents. Michigan Y wools
show considerable strength. A lot of
10000 pounds which was recently bought
by a Boston dealer in Providence at under
% cents, has sold here for more than that
in the past week.
There are not many washed combing or
Delaine fieeces in this market at present
and consequently sales for the week were
very limited. A good-sized lot of Michi
gan delaine sold this week at 29c. On
washed combing woods have been quiet.
The falling off of the cheviot craze has
affected the demand for quarter bloods.
Several manufacturers have been looking
into the English woods, showing preference
for them when the same prices as quarter
bloods.
III WOolS thtfC 10 Itblc
as the interest of the market is now on
new woods. Texas. Oregon and Califor-
mia woods have all been quiet. The new
woods arriving from the latter State do
not sell very freely.
In pulled woods there has been very
good week of it, over 100000 pounds being
sold. Choice supers went at AZ cents, and
y and Ii supers at 33 to 80 cents. On
the second basis there has been sales of
good Ii supers ut AZ to 45 cents. There
have been quite number of transac-
tions In secured, especially territory.
Foreign woods continue strong. in SYM
pathy with the foreign market, and
active. The low grades have all been
taken, and there is nothing now to be had
under Is cents. A sale of over 10000
pounds of Montevideo wool was made this
week at 2S cents.
The sales for the week were 2726, 900
foreign and domestic, against 1896, ,2U0
pounds foreign and domestic for the cor
responding week of last year. The re-
ceipts of the week here have been $3.50
bales domestic and 3,292 bales foreign.
against 6,192 bales domestic and 3.5,l
bales foreign the CORRESPONDING period
year ago.