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Boston As A Wool Market

Boston As A Wool Market image
Parent Issue
Day
23
Month
January
Year
1874
Copyright
Public Domain
OCR Text

The BoBton tílobe says : " Boston still maintains its position as a leading wool rnarket in spite of ure and panic. At the beginning of the new year the quantity of wool on hand was : of domestic, 7,882, 690 pounds, and of foreign, 7,207,650 pounds. It is stated that upwards of one-half of the present stock of fleece ír in the hands of two houses, with mnall stocks at other pointa on the seaboard, and a coinparatively light supply to come forward from the interior. It is also stated that about one-half of the entire clip of California wool has been sold in tliis rnarket. The advance of prices in the staple ia based upon the 8raall supply of domestic in the country, the prospectivo light receipts of foreign, and the firmuess of inarket abroad. The total receipts of domestic wool at this port in 1873, 221,159 bales, is an incraaae of 93,418 bales over 1842." Gov. Bagley has appointed Dr. John M. Swift, of Wayne ; Hon. Hampton Rich, of Ionia, and Hon. Charles T, Hills, ot Muskegon, a commission to select a site and procure plans, estimates, &c, for a State House of Correction, under Act No. 170 of tbe laws of 187a.

Article

Subjects
Old News
Michigan Argus