The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1894-09-11

Tho IErEIIGEScER Is endeavoring 70 convince
itS readers that 10 or II cents pound IS ni thht
growers can EXPECT to got for wool. while inc
Register notes with pleasure tho fact that sails,
urc being mnde IN adjoining counties at from ~
10 % a pound. Perhaps the lSIELLiGESCER Is
interested In keeping down the priec.--RtetS'er.
Tho ISrELLIGEScEn is interested in
the truth. 1t wishes it were trae that
the standard woods of this region are
bringing from 20 cents to 20 cents q
pound" rs the Register insists, but 1t
is not true, as every market quotation
Shove. It is true that on present quo.
tatious "I6 cents or II cents pound ia
all that growers can expect to get" for
fleece. washed wool, and that is the kind
of wool on which our prices hercabouts
are based.
1t is not true that there is an active
market for our woods. 1t is not true
that there is any advance in them.
Bradstreet's, from which the Register
as we'll as tho ISrEILIGIScER quoted
yesterday, says that "tle tone OF the
market is undoubtedly weaker on
domestic wools.'t 1t was weaker ut
Boston by a cont q pound last week as
compared with tho previous week.
Dun's report, also published by the
Register, was to the same effect.
But these authorities do not count
with the Register, which s.uAs its
readers with reports from tho now
found market OF Woodsfeld, Monroe
county, Ohio. We now give the Reg
istcr the benefit Of wool report which
stands at the head as recognized
authority, that OF the Boston CONNER
cial Bulletin. We quote from the
latest issue of that newspaper, soptem-
Der S:
The market Is In dull and llStleS condition.
with but few salient points. There IA little or
M Inquiry for dUmeStic.MOol, nnd liittG inquiry,
though more or le>s curiosity, concerning Tor
SIrll wool, Values are nominal and unsettled.
Holders will not sell for concessions, aud buy'
ers will not pny tile prices asked. and there tho
market hangs Until the London sales cStAD'
lish values Un September is there II Is likely 70
hang The exodus Of American buyers for
London Is unprecedcnlly large, Rnd many Of
them will so the rOunls OF the iOrelIn markets
before they return. The nero appearance Of
this new element Is likely 20 push up prices
even II Ihcn IL comparatively little purchased
uuTnad. Acting upon this belief several lclderS
III the trade nave Cancelled theft Orleh lOt
steamer tickets. believing that when tne great
CLIPS OF south America and Australia nrc thrown
fairly upOn the market III JAnuary, a portion ut
least OF what Is likely 10 be teverish advance
will he lost.
Tie values Of domestic wool show no great
change. FlecccS w0uld drop II they were not 70
securely held. RS today they cost more than
compelling grades Oi foreign wool, but the uni
VeT,al p4liHcrd Of the cnhiinG London boom Is
expected 10 rrctify tint difficulty.
ohio mud Pennsylvania ieecCs arc quiet, Ono
sale OF Ohio M and abOvc Is reported AZ &c. and
another at 4Uc 10 cost l2tSC clean. OHIO y Is now
quoted 1t igc or So Toe, aud tho discount woods
sell on about the saInC secured basis.
Michigan wool Is weak at quotations. Lead.
ing holders still ask lSG, but that j. above buyers
views in toduyS market We uOB one sale nj
ZIG and another at lie. 10 cost not over no
clean. lint Is bel rock on tO-days market
Michigan No. Is selling at 2ls, aud socInS quite
steady ut that figure.
Staple woods an quiet and disposed to 10 eaEy.
DclHIncs ART slowly weakening under pressure
OF Australian; most OF the supply Is held out OF
the market There are no EaGS, but Michigan
is offered at .Oa:ic. We reduce quotations a
cent from last week. Washed c0nb!ngs arr
quiet little washed No =! Ohio sold at &c
and some 30. at "!G The unwNhed medium
woods rumaln quiet on last weeks level.
Deduct at least cents pound from
these prices rs the difference between
interior values and scaboard values and
SEQ where tho calculation leads. II
shows that on tho basis Of the preIon'
market the Registers talk is idiotic, and
that our growers cannot expect more
than II cents pound for fleece washed
wool. If thoy over got moro it will be
oil an eastern market bcttOr than the
quotations show to-day.
Our NX wool which sold In Boston
last week at 20 cents, to cost ~! cents
clean, that is to say secured, was oSti.
mated to shrink 50 per cent The Reg
istor's b.waShod Monroe county wool.
which brought 20 cents. shrinks about
10 per cent, aud, with aeeco.Washel