Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1855-05-31

nortance and have vast influence upon 9th.
er branches of commerce.
We have said that the wool market is ina
hea thy condition, aud that the demand exhi-
bits steady increase; but we must not be
understood as meaning tina. the present pri-
ces can be maintained On the contrary,ws
would say that il is the prevailing impression
among those who Should be we'll informed
upon the subject that prices must decline,
nasmuch as for months past, the medium and
lower grades of wooen goods have met with
slow sale at rates which must net heavy
loss to the manufacturer-and the stock ia
now heavier than at this period for many
years past. A number Ofthe mills here and
at the east have recently ceased operations,
in consequence of the disparity of prices, and
these facts ,ndcite that it will not be long
be fore Q considerable decline is experienced
Another fact is well worthy of mention
and that is, that a large amount of the old
clip is still held in the west, and this coming
forward with the new, will undoubtedly have
a tendency to depress the market. II is not
likely that the speculative spiri. which hes
heretofore prevailed will occur this year, as
most Of those engaged in those occupations
duri ig the past two years, came out at the
smallest end Of the horn.
! AS far as we can ascertain, the supply of
wool this year will be much larger than du.
ring last season. 1t is true that large num-
Der Of the animals from which we derive the
article, have died of disease, and that the
wool growers of Ohio Western Pennsylva-
MIA, Virginia, and other States, have suffered
much loss in consequence, but it is certain
! that for this reason, far less number than
usual have been killed for their hide and tall
low. Besides, many of the wool growers are
| in necess;tous circumstances. Owing to
the scarcity and high prices of provisions,
they have been compelled to spend large
sums for the purchase of necessary food. and
will be induced to send their wool to market
earlier than usual TO repenish their funds.
The statistics of the Wooden interest form
an important item ir the Census of the Uni
ted States taken in 1850. According to the
census we learn that the quantity of Wool
raised in the Union, in 1850 was 52,789, ,l74
pounds. The principal producing States,
and the quantities raised in each, were as
follows:
New York, l0,07l,30l pounds.
Ohie, l0,l06371 d"
. Pennsylvania, 4,4Sl,370
f Vermont, 3,400,7l7
Virginia, 2,S60,795
! There wero ih the United States 1850
wooden fuctoree, with capital ssof S28,ll6,-
ESQ., In these were used 7O,S52 ,s29 lbs. of
Wool, parity imported, and 22,67S ma les,and
.6,574 females were employed. The manu-
factured products were worth $43 ,207 ,555.--
The value of woolen goods imported into
, the United States in 1853, exceed S2S,000,-
600.
A letter from a member of Parliament in.
forms us that the total quantity of sheep's
wool, Oncuding Lama md Alpaca wool,)
imported into the United Kingdom in 1854,
amounted to 06,l2l,9 1875 pounds, of which
35,335,A5O lbs. were imported from foregn
states, and 10 ,78j,545 lbs. from British pos
sessions Govt of Europe) The quantity re-
exported was 2l,50o,263 lbs, and the net
, quantity left for home consumption, sl6l2,-
1872 lbs. The quantity ot goats hair or wool
, imported in 1854 amounted to l,335,3l9 lbs.
of which only lO7, 100 lbs. were reexported.
, The declared value of British Wcolen man.
ufactures exported in the year 1854 amounted
, to 60, ,l20, ,759, and the value of woolen yarn
SO exported to { Gl,557,6l2, making together
sum total or Gl9,67S,57l.