The Wool Market

Wool is still dull and all gradea are bard to aell except low medium, which is acaree, and will continue to sell freely and bring extreme prices until the market ia better aupplied. Manufacturers complam of difficulty in welling their goode. The ahutting down or restricted production of many prominent milis does not hold out any boom in wool this year. The loases on last year's production sustained by eastern housea, and the large amount of old, fine and fino medium wools atill on hand, bought at high figurea, have a tendeney to make buyers cantious, and with the exception of the low medium grades previously alluded to, there appears to be great reluctance on the part of the eaat to take the coming clip except it ahould be moved at lower figures than prevailed laat summer. WOOLS THAT ARK MUCH WANTED. Light, open, unwashed wools are in demand for gradea that are usually known as }L and % at 30 ets. for combing or clothing. These qualitieB come mostly f rom Virginia and Kentucky. They are temporarily acaree and many of the larger eastern milis, rather than pay 50 cta. for unwaahed medium, are buying Engliah and Irisa washed neeces iu Europe, which are nearly as clean as American tub washed. The fréight on theae woola ia lesa f rom England than Kentucky, and the duty is only 10 cta. per pound, making these waahed wools coat from 37 to '8 ets. laid down, duty paid. The only encou raging outlook for fine fleeces is in the faot that the euormous quantities of Montevideo and Australian on hand a year ago are about exhausted, and manufacturera must either import a aupply or uae American wool.