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Boston Wool Market

Boston Wool Market image
Parent Issue
Day
8
Month
September
Year
1865
Copyright
Public Domain
OCR Text

The wool market is fairly uctive, and continúes to sustiiin f uil prices frtr all desirable grades. VVitli inoreased activity in Uio goods market, tiie wants of manufacturera aro quitu extensivo, and are heing freely supplied so far as the limitad ussortment of staplo offering will suffige. Tho stocks, b wever, are by no means defiüieut in qunotity, and the receipts of low and ujedium flecuea, frorn New York and the West, continue quite libral, with an acc-umulative tendeuov. - But the choice clips of Ohio, West Virïiiiia and Pennsylvauia, are still held by rowers at prioes relatively, as well as bsolutely, higher thau thoso current in ie Eastern markets ; and as long as lis state oí things eoutinues, consuiners nust make up their minds to tlo without jem. The latter aro much in wnnt of fine omestic wool, and would be wil'ing to ïake contract for the product of tue )est wool-growing countries in those States at suy 78a80c for striotly choice, ood conditioneel lots. But as tliey arev ïeld at about theso figures on tho spot, lere is do prospect of their being moved t present. Eastern dealers also find it more for their advantage to buy of oach ther than to go into the country for upplies; and in this way considerable ota hive chaoged hands during the week. There is a feeling of great firmnesson ie part of holderH, who believe that irices cannot go lower this aeasonin any sveut, and are quite likely to attain h ïigher range. This opiuion would seem ;o be well founded when we conaider bat about all tho wool whieh can be seured at any margin upon present quoations has already come forward, aad nat tho balance of the clip will proba)ly have to be bought up at higher figres. Consumera cionot to any extent all back upon tbe foreign staple, tbo esirable grades of which are in Iight tock, and not likely to be duplicated, with raten tending up in the London and Continental markets. They are getting ome very good lots ei domestio, howver, frotn Michigan, eniall parcela of 'air quality from Oliio, and are working p an unusual quantity of the heavy eeces of New York and Vermont, ia 'abrics which require fine etaple, Sales f domestic for the week foot up some 50,000 ifes, at a range of 60a75c for eece, and 65a80c for super and extra mlled. Included are lots of Western mixed at 65c, Illinois fleece at 58a62c, Visoonsin and Vermoot at 60a65c, New Tork State at 62a66o, Michigan at 65a 0c, and Ohio at 68a75c for fair to good ots. Pulled wool is quiet at 65a70c for ommon super and extra, and 75a80c ior he best grades, including Rochester and

Article

Subjects
Old News
Michigan Argus