The Ohio union. [volume] (Ashland, Ohio) 1849-1854, 1854-05-24
Prospects Of the Wool Markets.

Prospects Of the Wool Markets,
S. B. Rockwell, Of Vermont, who hasN
been travelling oflaie years, extensively In
The west and elsewhere in The sheep inter.
est, gives his impressions Of wool and wool
in the Wool Growsr, from which
we make the following extracts: ~
"Last year they managed their game il
this wise. As early as February, iheI
a rise in American woods, ant
ere the farmer got wind oft, they stole th
march Of him, and bought up his woods a
a low fgure,-lhsn returned east, sat dow
and counted their spoils. This year th
scene must be changed, and different &C
tors introduced into the play. The stag
is broad, and the tragedy an ~evenlful one
and full of thrilling interest TO the parties
As this farce will occupy ZONE two month
II is high time 10 commences. Accordingly
the curtains are drawn, and Mr.. "Say So
appears as the principal actor in the frs
scene. Hell an experienced actor, and
already winning golden opinions from tho
OdSCt SlOWN dooCiDUiCu W WituCbo WV pay "A
He is assisted by his father, Mr.. "'rhey
Say So" and the rapidly with which
these Two mounlebanks make converts q
their juggleries, is quite pitiful, yet never
lheless amusing. The first scene W II con
tinue for some weeks, and will be succeed
ell by another, quite different. The %
scene will be one of silence; il will be shoi
a little longer however, Than the one men
TONED by The author Of the Apocalypse,
his rapturous visions. After this the 2
scene will open and a few actors appea
termed "feelers.' Their business will b
10 take SOundings, and ascertain how largo
a portion have been gulled by the delusiolis
of the Two first scenes. The 4lh scene
will consist Of a class Of actors who descen.
ded from the ancient stoics. They will
appear very inditfsrent-"Only have a
small order,"-"Can buy only a few thou
sand lbs.," and end Off by saying, that,
"Now is the only chance, as wool cannot
be much called for, and will scarcely sell
at any price!' BY this time the trap is
we'll sci, and The bait smells rank in the
n%os!rils Ofihe majority Of wool growers,
and naughi remains but to wait until the
farmer is some pushed for money, aud
half compelled 10 sell al any sacrifice, and
flhe curtains rise, ard a horde Of agents
now ACT the 5lh scene in the drama, VIZ Z.
take the wool from the producer al their
own prices ond leave them to become
dupes again. as soon as they have fairly
got able 10 run into another pitfall, a Twelve
month ~afierward.
In the January number Of the Wool
! Grower, we published an array Of sia,is-
lical facts which are ineOnIroyerlible, and
which argue thai wool canno, be worth
! any lessthiS, than last year. We would
not hold oul false c%olors, nor knowingly
= mislead any man on a question OF so much
J importance. BUiih the name, Of Justice
and reason we ask, why shonldnoi good
Merino wool bring from IS 10 60 cents
{ II will if the grower will hold il al these
figures and sIernly demand il. Wher
wheat is 'worth 80 per bushel, corn 81
oats SO cts.. and beef from 80 to 80 PEI
Q hundred, we candidly think that WOO
0 should bring the figures above named.
{ Let the grower remember. that our man
ufaciurers need II, 900, 900 lbs,, 10 suppl,
their machinery yearly, and that ihi
: amount fails to supply one-half Of III,
{ amount called for by our yearly consump
lion. Of this II ,000,0 900 lbs Of wool W,
only grow SO, 100000 lbs. Hence it j
~ seen that we grow only three fourlhs Q
u what we manufacture, and only one-ihir
v Of what we consume. The entire produt
j. ton Of all the wool producing region
ofthe globe, now amounts 10 a defcienc,
!" wilhou, a resort to cotton and old rags
V The higher prices now paid for labor,
. England, France, and Germany, in cOnst
- u quence of the emigration to Australia an
y America, has caused a rise in their woole
a. fabrics, and hence must tend 10 favor II
y price Of the raw material everywhere.
W snow generally ad~miuedtha, these na,iol
have not any old unexhausied stocks
goods, and but q slight surplus Of new.
We have nothing TO fear, but much
hope from that quarter. Our manuia ciur
:, have barely sufficient 10 last them uni
~ the new clip is ready for them.
!" Any depression that may have occurrt
y in the prices'of woods, during the fall al
winter months, was attributable the slrin
y ency Of the money market, rather than
~ . fall in the staple. Ia consequence
=, the fearful mania Of building thousands
railroads, upon paper credit, the more pr
dent bankers deemed |, bes, 10 restrict The
;. issues and call ia their loans. This W,
- followed by others, and the general cons
a qdenco was a scarcity Of money. Th
~ for a time affDol prices, bu, It was
!" wholesome and needed restraint, At
W should be so considered. The result W
prove, that when the wool clip is throw
/. upon The MARKET our banks being 10
sound and healthy condition, will DO reat
IL TO furnish ample means 10 gather up Il
large ilem-Ihe product Of American indy
'di Try alta cost Of some S55, 0OO, 900. III
we confidently predict will be. the case,
wool growers do not suffer themselves
ID. be duPsa BY these hOcus.pocus Oper
!. ,oran . .H f. .H FH