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The Wool Market

The Wool Market image
Parent Issue
Day
23
Month
June
Year
1881
Copyright
Public Domain
OCR Text

Wool has an upward tendency. and sevcral small lot of exlra fiue quality have lirought ',iij and 37 cents witbin the lust few dayg. The New York ial Bulletin Bays: The feeling on domesie wool is soincwlint unsettled, bul as a u!e the tendency is to accord the advanigeofthe position to the geiler on uil rndes. The California and Texas crops Lus far have goue out steadily after roper assortineut, and show quite a gain in values since the commeucement of the season, with the tone still stront, and mne of the trade think a further advance likely. Western wools also have received enough attention to bring the accumulation into liniited and botter controlled position with owners naturally looking for talier rates, and all grades harduning in value. In the country, matters continue strong and buoyant, and from all points the advices indícate advancing bifls and pretty strong competition over the best lots. This holds for this state. Ohio, Wisconsin and Michigan, with prises langing from 35c upward, aiid local buyers constautly standing ready tu name a figure in excess of eastern represen tati ves. The attendance of buyers here during the week bas been quite full, and some auxiety shown, with a fair business accompiished, but opurations retiirded by the small and broken assortment aud the indifferent display of samples. In fact, while there is a partially succussful effort to preserve a conservative tone, a steamy feeling commences to erop out, and there is more general inclination to admit the upward turu on all desirable qualities. There have been les made this week of which no report is given, espccially of foreign, but the amounts named foot up fair and include 20.0C0 lbs. X Ohio at 39 to 40c; 29,000 Ibs. do. 40c.

Article

Subjects
Old News
Ann Arbor Democrat