The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1858-06-30
MnniProsnccfs.

In this (I!arrrison) county there has been
bul little wool sold What little that has been
purchased averaged from 80 TO 10 cents; altho'
we understand Mr.. John Singer, Of Athens tp
sold his clip for 80 cents. Mr.. SIS. is among
The finest, if not the finest clip in the county,
The wool buyers have been all over the county,
aud have given each clip Of wool a careful in
spection, and have il set down In their Ettle
Lpks what they are willing to give, the condi-
tiOn of the wool, &c. The grower does not
seem willing to take the price offered. Hence
the prSepect for speedy sale Of all the wool
in the county at this time is dull; although we
believe that in few days the buyer and seller
will come closer together in terms We think
The buyer will advance his price and the seller
will reduce his. We do not believe there Is a
wool grower in the county but what is willing
TO take ten cents pound less for his wool this
year than what he received last year. The
price buyers will give depends on the orders
from head quarters, (Cleveland,l where all the
principal wool buyers in the Union are congre
gated.
asln Cadiz the following gentlemen have COM
missions and are purchasing all the wool they
can get at the present prices: Grimes S Nc
COrmick S. & II. McFadden, Stewart & Cole
man, George & Wilson, R. J. Bennett, w. q.
Finney, and we suppose all of our merchants
world purchase at the market price. But the
gsntemen named above are the principal buy
ers in this place.
We continue this week to give below all that
We can find in our exchanges that we have re-
ceiyed during the past week on the subject of
,oiite wool. After reading what follows, our
readers can draw their own inlerences.
Coates & Brown, 127, Market staeet, Phila
dephia. under date of June 15 sends us the fol-
lowing circular in relation to the wool trade in
that city
In June, 1857, we mentioned in our Circular
that the notification of the Tariff by opening
TO our Manufacturers, an extensive assortment
ofWools adapted to their purpose, would very
materially reduce the price Of Domestic Woods
a. soon as the prices should decline in Foreign
Markets. The conditions there alluded to now
exists. Woods are very low in all the great
rers can import free Of duty, in the unwashed
State Wools equal in quality to the best grown
in this country. If this continues, and we see
no reason why it may not, and Manufacturers
prosper, we think it will not any degree dinin-
ish the average price of American Wool, but
only serve to keep it more uniform in prices
which would certainly be most for the interest
Of all concerned. We therefore think that for
the future we Shall see less speculation in Wools
(Which seldom inureS to the benefit ofthe grow
er,) but that business will become more regular
in its course and much less hazardous for those
dealers who are satisfied with safe business,
and sure though small profits.
There are other reasons why we think Wool
will be likely to maintain more even range
of prices the coming season; viz: 1st-The pre-
vailing disposition in all not to speculate I'd
That the Fall trade will probably be lght-the
entire west and north west being very destitute
OF money, and cannot therefore buy many goods
and as consequence, Woolen Goods will not
improve in prices as Manufacturers have hoped
they would. Again, the men now running the
Factories are much more independent and able
than those who were in The same position pre-
vious to the panic, many of whom were then
obliged to purchase Wool. Whatever the price
in order to keep their Mills in operation. The
present class Will only make IO0dS so long as
they are remunerated and will not pay higher
for Wool than the manufactured article will
justify. Summing up all these considerations
we arrive at the conclusion that prices will OF
necessity remain very much as they are, or per-
haps decline a little. Us they are now some
what elevated by the great scarcity Undesirable
Wools which has characterized the markets for
the past few weeks. Another natural conse
quence Of these conditions we think will be,
that buyers will use more discrimination in ma
king their selections, giving encouraging pri-
ces to those who put up their Wool well, and
only buying badly handled Clips, at an allow
ance in proportion to their condition, thus pro-
momng the true interests ofal.
We consider our facilities for selling Wool
much greater than ever before and are prepared
to receive consignments from those who wish
TO ship to this city, which is now the leading
Domestic Wool Market in the Country. We
quote the following as what will probably be
the Ruling prices in our Market for the next few
months
foUmon To Rlond 90 10 Of oo,t.