The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-07-14
Wool Trade.

The raising Of this valuable profitable and important
staple of the country is becoming more extensive and ex
tended every year. Those who have steadily directed
their capital and soil to this branch of agrcultu have
amid ali the fluctuations OF demand and the great and
sud len reductions in price, made 1t q sale and money
making business The finest quality oil full booded Sax
ony wool, that few years since commanded five and six
shngs pound, will only bring rom 80 to 40 cents
now and say they afford to sell at
that great falling of in price, and make ul as much per
pound above expense OF cultvating before. The
JUDGE that strongly existed among our agricultural
lists, against the raising OF the finest quality OF WOOL is
fast disappearing ana prejudice as strongly in favor
taking its place. The calculations necessary TO
all that still retain the slightest unavorable prejudice
leave to the many ably conducted agricultural papers
throughout the Union but we assure all the producers
If the raw material that the superior qualities pay
the greatest profJ and meet with the surest sales
The supplies Of wool from the extreme west, have been
larger this than before. The extensive prs
res ohat section OF the country are peculiarly adapted
the profitable cultivation OF the most superior qualities
OF WOOL account oil the abundance Of excellent pas
tursge The expense oil transporting pound o. WOOL
from Missouri TO the eastern part oil New England is
tr fling compared with what is any other article OF
produce. pound OF wool worth 81. cents in ST. Louis,
be sent to Boston, and sold Tor 40 cents, while
bushel OF wheat costing the cannot be sold at the
port fer less than six shilings bushel Inc ad
dionaI charges to increase the value, falls into the
pockss of the carrier while the producer is hardly
ceivng cost for hisproperty.
This article can be cultivated by the farmers Of the
westfar proftably than 1t can be by eastern
cuitvsors IN consequence oil the equality oil prices
portaton from end OF the Union TO the other There
is no agricultural product where the value is
net to small space the purest and finest quality Of
Saxony wool. We see, by the st Louis New Era, that
the steamboat Iatan, from the Missouri, brought down
twelve bales Of wool marked for Lowell, Mass lwa
baed at Boonve and the product Of Cooper county
At Rochester the sth inst. the transactions though
large have fallen considerably below the purchases Of
the two previous weeks The aggregate purchases OF
the present week amount to about 50 900 lbs Common
and medium wool remain at our former quotations. The
higher grades have advanced, and we have raised
quotations full two cents per h. Tor the best descriptions
Saxony heeeces in good condition. soto 80 cents.
Merino inii blood. ''''''.''' ao!o 20
ttot ........... ..... .Wto2o
Common tot i" .......... ..l6 to 20
The quantity shipped East during the LIST week in July
is 10, l2S pounds
The quantity cleared for this East from scottsvie the
first nine days in July was dS, S3S pounds.
The Boston market has not yet received supplies Of
the new clip any The manufacturers freely take
all that offered at quotations. which rule for domes-
TIC feeces, as follows:-