The Providence news. (Providence [R.I.]) 1891-1906, 1895-06-21

A general improvement in the wool
trade, during the past week, has been
noted all along the line. Increased sales
are registered in New York, Philadelphia
and Chicago, and notwithstanding the
Intervention of a holiday in Boston, the
sales there have reached nearly 5,00O,-
600 pounds. Prices obtained in some
instances, during the week just passed, are
noticeably above the rates at which
similar stock was selling three weeks
ago. The revival in demand is largely
due to an increased need for stock by
those manufacturers who have recovered
from recent labor troubles, and have
found their supply of material greatly ex-
hausted as a result of conservative pur-
chases heretofore merely to meet immed-
late requirements. The large sales of
foreign woods are a noticeable feature of
this weeks trade. Although there is a
limited amount of the new clip actually
on the market, orders are being taken by
sample, and, in addition to the sales
reported, large amount of stock is held
under consideration. Philadelphia reports
show a liberal demand from Eastern and
local mills for territory, while Chicago
reports goodly sales to mills in the South
and West.
The total sales in the three markets.
Boston, New York, and Philadlphia-are
q, 1854, 100 pounds, of which 1886, 900 were
sold in Boston, LOSS, 600 were sold in New
York, and ], ,333, 100 were sold in Philadl-
phia.
In Boston there has been an increased
demand for everything, and it is doubtful
il any considerable quantity could be
bought at the May quotations. A good
business has been done in medium No. 2
and coarse fleeces. Georgia and Southern,
Texas, pulled and secured wools; and
moderate amount of territory wool has
been moved. The sases of domestic wool
OF all kinds will aggregate upward of
1000, 900; and we estimate the sales of
foreign wool at two million and one half,
over million and a half of which was
Australian; foreign advices indicate that
the largest part of the Australian which
was sold this season direct to Continental
manufacturers has arrived, and is going
into consumption. Prices in Britain and
on the continent are very firm.
In New York a general improvement is
noted, although no important features are
reported. Dealers indicate determine
tion to refuse concessions and to hold to
former prices. Should domestic growths
continue to be held at present pricess, it
is quite likely that manufacturers would
be strongly influenced toward foreign
WOODS. The sales of foreign stocks are
confined principally to Cape. The request
for carpet and China woods has been
fairly general, but it is reported that some
important selections are expected to arrive
at an early date, which will stimulate
greater activity in these woods.
In Philadelphia the market is firm on
account OF limited stock of fleece woods,
with moderate demand reported The
situation is more favorable to the domes-
tic manufacturer than many would believe
There is considerable fleece wool on the
way TO the seaboard, and several of the
largest houses state that within two weeks
they will have full stock with which
TO satisfy customers.
In Chicago the volume OF business
transacted during the past week gives
assurance to the trade for the coming
season, and a general feeling that better
business is I'm store is noticeable. News
from the East of the same character has
frightened the prospects, and dealers
there who have received, and are con-