The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1893-06-01

themselves.
The following from the Boston Adver-
tiser of the 26th of May will be of inter-
est to our readers:
The past week has shown very dull
market, and while sales foot up larger
than during the past few weeks, it is en-
tirely due to the low prices that have
been accepted. Some large lines of wool
have been cleaned up, but it has not
been because manufacturers were hun
CRY for supplies. The latter as rule are
taking only what they need, but in the
cases noted the seller accepted bids that
the buyer considered safe and the latter
got the wool. OF these sales noted, the
one of 100000 pounds Michigan delaine,
which was cleaned up at 2516c, was the
greatest surprise to the trade. The bal
ance of the lot sold two months ago at
32c to the same buyer, who cleaned mp
the last of it this week. The trade feel
that the price obtained was very low,
but the wool was to be sold, and the
holder was doubtful of getting as good
price bid if the wool was held until new
Heeces began to come in with any free
dom.
Reports from the west note conditions
very unsatisfactory there. Some local
buyers bought woods early at prices that
stand them a sharp loss on the present
market, and they are consequently try
ing hard to hold values up.
Ohio fine woods are very dull, and
while but few are held here these have
to be sold at low price to find a buyer |
One lot of Xxx and delaine was cleaned |
up at 27@28c, while other lots of Xxx on |
the market are offered at 28c. Any lots |
to command above 2sc would have to be |
very fancy, and to find special buyer |
who wanted it. For X Ohio the market |
is nominal at 26c, with X Michigan at |
25c, but any free offerings would have |
to be at concessions. Combing 1eeces |
are very dull, with No. Is scarce and |
nominal. No. l clothing feeces are also
scarce and nominal in price. Unwashed
fine feeces are slow of sales with fat
sleeps wool dull and nominal, the lat
ter attracting no attention this season.
For u and g blood wools, the market
is very dull, with prices quoted 1c lower.
The feeling at present is that in the fine
wool sections of Ohio, about 2Oc will be
all that buyers can pay, but the growers
at present are not down to that figure.
Some eastern dealers claim that Is to
19c is all that they will risk, and the
most unfavorable feature is that every
day their views appear to grow more
depressed instead of better A large op-
orator who sent his limit to buy out the
tirst of the week, notified his agent, yes
terday, to cut prices &c, as he did not
care to run the risk of loading up at the
figures he had named previously.
The trade have got money as a rule,
and do not propose to run great risks of
losing it, when the prospects of success
are so unfavorable. They will take
limited amount of wool at price, but
it will have to be well down to the ''free
wooP' basis, as the chances appear
great that much of it will have to be
held over till the tariff change is made.
The woolen manufacturer is not going to
make any more goods than he has sure
market for until the tariff change has :
been effected, and consequently will not
require the amount of raw material of
ornner years. The wool held oyer will
have to go at the ''free wool'' basis, and
no one desires the pleasure of carrying
It, except at a price that will make him
,afe
Pulled woods are dull and gradually
working down.
Territory woods continue dull, with
he market gradually working down as
ar as prices are concerned, while re-
'ent sales have been on the basis of 90
955c for fine strong staple warp woods.
The market is now undoubtedly several
ents below that price. There is no
Lllotahle nrica for Ahn -...1,o1z =. 4 ls..1