The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1854-05-24
Prospects Of the wool Markef.

Prospects Of the Wool Market.
s. X. Rockwell, Of Vermont, who has been
travelling Of late years, extensively in the
west and elseWnere in the sheep interest,
gives his impressions Of wool and wool buy
ers in the last No. OF the Wool Grower,
from which we make the following extracts:
Last year they managed their game in
this wise AS early as February, 'Nsy fore.
saw a rise in American woods, and ere the
farmer got wind of it, they stole the march
Of him, and bought up his woods at a low
f5ure.--then returned east, sat down and
counted their spoils. This year the scene
must be changed, the different actors intro
duced into the play. The stage is b.oad,
and the tragedy an evenIful one; and full
Of thrilling interest to the parties. AS this
farce will occupy some two months, 1t Is
high time to commence. Accordingly the
curtains are drawn, and Mr.. "Say So" sp-
peaIs as the principal actor in the 6rst scene.
He is an experienced actor. and is already
winning golden opinions from the eager
crowd assembled te witness the play. He
is assisted by his father, Mr.. "They Say So"
and the rapidity with which these two
mountebanks make converts TO their juggler-
les. is quite pitilul, yet nevertheless amusing.
Tne FIRST scene will continue for some weeks
and will be succeeded By another quite diff
ferent. The FL scene will be on OF silence;
it will be short, little longer however,
than the one mentioned by the author of the
Apocalypse, in his rspturous visions. After
this the Cd scene will oper and few actors
appear termed "feeers." Their BUSINESS
will be to take soundings, and ascertain how
large portion have been gulled by the de-
lusions Of the two first scenes. The 4th
seen, will consist of class of actors who de-
scended from the ancient stoics They will
appear very ndiHferent--"Only have small
order, "---"Can buy only a few thousand
bs.," and end off By saying, that Now is
the only chance, rs wool cannos be much
called for. and will scarcely sell at any pric, !"
By this time the tap is wei! set. AMI the
bait smells rank in the nostrls Of the ma; y
ity of wool growers, and now naught re-
mains but to wait until the farmer is some
pushed for money, and half compelled to sell
at any sacrifice, and the curtains rise, and
horde of agents now act the 9Th scene in
in the drama, viz, take the wool from the
producer at their own prices, and leave them
to become dupes again. as soon IA they have
fairly got able to run into anot er pitIail a
twelve month afterwards.
In the January number of the Wool Grew
er, we published an array of statistical facts
which are incontrovertibic, and which argue
that wool cannot be worth any less this, than
last year. We would not hold out false col
ors, nor knowingly mislead any man on a
question ofso much Importance. But in the
name Of justice and reason we ask, why
should not good Meripo wool bring 55 TO 60
cents? 1t will if the grower will hold it at
these figures and sterny demand it. When
wheat is worth So p busbel, corn 81, oats
so cts, and beef from SO to SO f3 hundred
we candid!y think that wool should bring the
figures above named.
Let the grower remember. that our man
ufactures need II, ,00o,o lbs, to supply
their nachi Lery yearly, and that this a.
mount fails to supply one half of the amount
called for by our yearly consumption. Of
this 7 / 900, 900 lbs. tf wool we only grow
SO, 900, 900 TBS. Hence it is seen that we
grow only three fourths Of what we manu-.
tacture, and only one.third of what we con-
sumo. The entire production ofall the wool
producing ions OF the globe, now amounts
10 deficiency, without resort to cotton
and old rags. The higher prices now paid
for labor, in England, France and Germany
in consequence of the emigration to Austria
liza America, has caused rise III their WOOL
en- fabrics, and hence must tend to favor the
price OF the raw material everywhere. 1t
is now generally admitted that these nations
have not any old unexhausteu stocks of
goods, and but slight surplus new. We
have nothing to fear. but much to hope from
that quarter. Our manufacturers have
barely sufficient to last them until the new
clip is ready for them.
Any depression that may have occurred
in the prices of woods, during the fall and
winter months, was attributable to the strin
gency of the monay market, rather than to
"A fall in the staple. In consequence of the
fearful mania Of building thousands OF miles
OF railroad, upon paper credit, the more pru
dent bankers deemed it bes to restrict their
issues and call in their loans. This was
followed by others, and the general conse
Quenee was a scarcity of money. This for
a time affected prices, but it was wholesome
and needed restraint, and should be so con-
sidered. The result will prove, that when
the wool clip is thrown, upon the market,
our banks being in a sound and healthy
condition, will be ready to furnish ample
means to gather up this large item--the
product of American industry at a cost Of
some S25,OOO,O0O. This we confidently
predict will be the case, If wool growers do
not suffer themselves to be duped by these
hocus -pocus operators"
SALE OF LoUpEN County LASDs.--The
value of lands in Virginia is rapidly improv-
ing, and in Lcuaon county prices rule quite
high, DR.. Janney, Of this country lately
sold twenty-five acres to Mr.. Joshua Nichols,
for ~, 500, or nearly 1905 an acre. The
latter has sold his farm in the same county
to DR.. J. for $2l, 900, 1t contains about
$50 acres.
E1- Gen. Smith, ''the Hero Of Che epulte-
pee" has surrenderd to widow---so dill Jill
ius Casar, so did Belisarus, so did Marl-
borough, so did Washington. so did Napol-