New York Wool Market

New York, June 9. - The clip of 1870 is almost wholly exhausted, and consequently tho markets evorywhere are but scantily supplied. Nor is there inuch wool in the hands of woolcu manufacturera. The scant supplies offering, therefore, are held at x treme prices. Indeed, it would be strange if it were otherwise at a period when the woolen milis are in full motion, and tlio supply of wool is inadequate to thcir pressing requirements. In the meantiine, money is clioap and plenty on the seaboard, so that cverything iiugurs well for securing good prices for the new clip. It is well that this is o - it is woll that the farmer should secure a good price for his wool, as it will provo an incentive to au increased production. For a vear or two our Northern and Western farmers havo been greatly dissatisfiod with the low prices which they have been able to obtain tor wool, und henee many of thein slaughtorod a vast numbcr of thoir sheep. The result is tho demand fiiially has become greater than tbo supply, and prices havo neen accordingly. Nor is the demand speculative ; it is porfuctly legitimato, aside from tho new clip of California, whiofa, howover, has been bought up witli sorno degree of avidity, perhaps, in tho interest of parties who needed the wool to work np into goods beforo the clip of tbc more Northern States of the Union could be made availablu. That fleece wool will open high and eoiumand high figures this season is beyoud a doubt, and thore is but littlo doubt the farmers will avail themselves of this favontble opportunity to securo good prices at the opening of the scason, while the wool is fresh and heavy. Indeed, it is always best to secure good prices early in the season for all merchandise, ratherthan hold off for higher rates - rates which frequently are never obtained. . The shearing season has now commenccd in goou earnest in the principal wool growing .States, but. littlo bas found its way as yet to market. All oyes, meanwhilo, are turned to tho wool-growing re gions, and the high prices asked seein to dotcr prudent buyers as yot from purchasing with any degree of avidity. Fine Saxony Fleeces are held in the West at ovei half a dollar a pound, and in Ohio funcy clips havo sold as high as óöc. At these figures there is very little inducemont to operat1, from the fact that there is apparently no margin laft to Eastern shippera ; and henoe nono exoojit ï-ockloss spo:ulators will be likely to pnrohase any portion of tho new clip at eurrent rates, unk'ss for legitímate wants. In Ohio nearly all the clip is already bought up, whether shorn or unshorn, at prices ranging from öOaJöo for fine to choice floeoe, while somo roally select fanoy clips have sold even as high as COc. But this latter figure is an extreme which, perhaps, we ought not to quote as offoring anv critcrion of the market, other than to state thíit tn; seiecuon is 110 Dottur than what was seourod last ycar in the same State at 47 l-2c. The ad vaneo, i will thus bo perceivod, is not only rapid but significant. Tho bulk of the clip in Ohio has already passod from first hands, at 48a55c. The clip of the country will not, in the aggregate, vary from last year, which is about 60af5 por cent. of tho tht' whole consuniption of tho wholo country and manufacturera must look to somo other souroe to securo tho balance, say 35a40 per oent., cost what it will, at tho Cape of Good Hope, Buenos Ayres, South America, Australia or Londoa. The California clip is all secure, aad is coming forward now in larger quantitios and in a better condition than ever before, but the price isextremely high, suy 39 1-2 a34 l-2c per pound, gold. Tho Kentnoky clip is also all in, and will aggregate ;orae B00.000 lbs., worth probably fully a ter of a uiülion dollars.