The Cadiz Democratic sentinel. [volume] (Cadiz, Ohio) 1854-1864, 1860-06-13
what Shall we Get for our Wool,


This is a question in which many farmers in
Ohio and Michign are at present especially in
terested. We answer, about the same price as
last year. few small clips have been sold in
the country towns for from two to four cents
under last years prices, and buyers we know
do not intend to pay more than this. Why
then is any necessity for this reduction we can
not see We have before us the June circular
Of q Woolhouse in Philadelphia. 1t states that
the principal portion Of the wool last year was
purchased by agents, who looked more after
commissions than the interest of their principals
and that the manufacturers will this year pur
chase of houses where they can see what they
are getting. 1t adds: "The losses incurred
last year by spectators and many country
storekeepers who in some localities got up
ruinous competition among themselves, and thu
ran up wool to extravagant prices where there
was nothing to justify twill probably have
the effect to induce more caution and prudence
this year. In reply to those now asking for
information as to the probable prices Tor wool
the coming season, or what storekeepers would
be safe in paying for it, should say, on an av
erage, about fue cents less than last years prices
In some sections, however, where wool was
prudently bought last year, the difference will
not be so much; while in others, the desire TO
monopolize trade was such that mony storkeep.
ers paid ut least ten cents per pound more than
~ l.. L.
ruling in Philadelphia, for common fleece, is
32to 35c; for one fourth blood fleece, 81 to 40c
for one half blood fleece, 40 to 45c; for three
fourths blood fleece, 46 to 43c; for full blood
fleece, 80 to 53c; for Saxony, So to &c.,
There may be a slight reduction from these
prices after the new wool begins to come in,
but any material change is not anticipated.
Letters from all parts of the country inform
US that there is an unusual number ofbuyers in
the leading wool growing districts, all eager TO
purchase, and we would advise our readers to
take not one cent less than they received lat
year. In Michigan, the Farmer says: Tho ac.
tual orders to agents in this State at the pres
ent time, II filled to dag, wolld take every
pound Of wool out of the State in twenty four
hours. We believe that commissions to the
amount of over three million pounds are in the
hands Of agents One man alone has orders to
the extent Of almost a million. We do not see
therefore how wool growers can do otherwise
than get good, lair prices, unless they give away
their wool to the first conner who asks them to
sell At his prices. We therefore say, be eau
tious, and not in too great hurry to be the
FIRST in the market. Another suggestion of the
Miehigsn Farmer, which will apply as well to
Ohio we copy another point our wool grow
srs should bear IL mimi, is the fact that all the
wool is purchased by eastern men. These
parties send on eastern, currency to make their
purchases; any maa who offers western cur
rency for wool is making you the medium o.
circulating notes worth two per cert less than
their face. Refuse them, aud ask TO-. specie,
Michigan or eastern currency In exchange ioT
your wool There will be at least million
and quarter Of dollars in eastern finds sent
into this State, for the purchase OF wool; let ua
have the benefit Of il and refuse point blank all
western notes. There are no buyers of our
produce from Illinois or Wisconsin; we ought
not, thersiore, to be harrassed and cheated
with the currency Of those States, which u
worth only 95c. on she dollar IL the brokers'
Or bankers counters. And We need not be
thus taxed, ifths sellers win steadily refuse .
currency that d thrust forward solely for the
purpose ofsecuring . per centage when in is
maid ]. far redemption. - Ohio Rargter.