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New York Wool Market

New York Wool Market image
Parent Issue
Day
10
Month
January
Year
1873
Copyright
Public Domain
OCR Text

The weck under review, being holiday week, has been one of much quietado. Tlie trade havo been mostly occupied taking account of stock, which is found to be very small, and coraposed chielly of Cape, California Fall and Texas dcRcriptions. Of domestic tino fleeces there is but little offering in any of tho markets on the seaboard, but some twenty million pounds aro still probably held by farmers. The high prices that are likely to prevail for the next threo mouths will no doubt tempt farmers to send thoir wools along vfiry soon, and this will enable woolen producers to Bupply their pressing wauts until such time aa the new Australiau clip and oüier wools anïve. Combing wools are not in stock and pricea are somewhat: nominal. Canada iieeeo is held at 7 ó a80c per pound, curreucy, while the best English hog ñeece cannot be laid down hero below ti7a 70c per pound, gold. There is no market for Cashmere goat wool as yet in this country. All that is grown in California and othor interior States has to be shipped to England. It seom3 to us that bohío of the milis around Philadolplda ought to tako hold of this stagle :it once and tuin it into more profitable UBe. We know it can be spun hero as woll as in England, udA wo know it would gívc a bril! aucy and effect to alpacas and dress goods which have never before been attainod in üüs country. Pulled wools are in light supply, and are held with oonfldence at 55&62c for extra ; G0aC8c for super; OaüOc for Western ; 4()a50c for Southern, and 30a56o for California, as to quality - [ürriteu Economist. ii mfm il 1 - i ■ Tïio Milwaukeo and St. Paul Eailro-id, 111 operation for twenty yoars, killed its irít man tljc other da.y.

Article

Subjects
Old News
Michigan Argus