New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-07-24
The Price Of Wool.

We have lately received a good many letters OF
the same tenor Of tie following, dated Battle Creek
Mich. July IA:
L Would b good policy to hold until besSss
price, eseted NO offered h-rs 81 ~ oo cen ~
I Would you .ccep. Of 81 bushe for o, red ~hs'.
III Doe. the rise and iaii OF gold Cause n's'osns"s'
Nv When tbi, .ha t-vs ended. viii W. nave me.
i, termed nArd mesl so, what MI be tbs Us. OF W
We made foreign loans aud oa o.y Geo AZ ss~.
" Whe cap ur-d oJ Rebel pfFsce" sss
re!s.sed % .y,.s sosd IRE zoe, go ''a -s1'A0 'A'
| wi write tns to gao hiora.s,on. Will you p.es-e
inform Why vcoy dsest caase' the rss 81 tai ~
sms farmer and would like to be posted. and ~sa.s
Ike 90 hOne.s .n.Sef. which know sou Wal give"
! l. We have Intentionally saId nothios publicly
abou, WOOL beyond giving correct re- orts Of me
"a ar e. showing its regular decline, and alro ths
dee II. If sleep, from which the inference In ghs be
dawn that The cecliue Of WOOL was Dot mere
sptcals Two movement.
| larry in the Spring. we answered private let
ter Involving tho interest OF community oil f1cp's
in large lot OF wool, in which we advised the sac
at Is cents pound ct the farm, and at The sa~s
time stated tia, if Grant took Vck.bur. gold would
d cline, tba. if il fell below 10 per cent We believes
wo,l would ~ down to - q gu cents per p1aod. ad
| erha,s lower, and that IL would depend upon ibs
eveots Of he Summer whether ral.ied III Aaluns
above those isues. Previous tue war, tbs average
,ree OF wool .or years, ws think, did not exceed W
cents pou.d
| We Lave not the rsmotest interest direct in
direct, beyond tie price OF our wardrobe, which u
not extensive, in tie price u wool. Tut II Nc diS
owe q clip in Michigan, of good rsir medium wool,
such is usually Produced in thai S..;e, .nd were
offered 60 Cents y pound for it, We should s.y ~
tie 1uctonsers do: 1.-The gentleman will peass
leave deposit" We oe taoly should fear thai The
bidder would Ger news from the SoaIn," Wien
would induce hiIn Lot 10 return.
ii. and Ill. The price o: wLe't. which Is an OK.
portable commodity, 10 certainly Ill BY the rise
and fall in the price Of gold ani in 'aat M - per
cent it Appeals 70 us tnn, cue dollar bu.hei 'os
wheat in the Interior OF 81 clsen Ia ALI thai could
DO reasonably expected
". TIE cause OF "bard tines" when this
is ended, will not be Oh uni VI tbe National Dds
but ON account Of the hos f uneuifo, ed men.
Men who have been three year. In cam do nos
readily return TO the industrious pursuits OF civilized
life and there Is no cause OF hard times" in any
country SO potent rs thst OF unemployed uds. TIE
National debt will blow away amopg tie all that
national industry produces. In the Transition state
try 10 apt TO DO pssalyIed. II il 10 at the end Of
this war, the farmers, who have lately fels pros
per,y, will 10 apt to feel "bard nuies.' Whes
there Is no army " iced and when there are maby
lido neu, because We still import many things
that we should produce by American INDUSTRY.
farmers will realize that times not tho wo'A
times, if tbat war is waged for holy Cause.
v. TIE bonds given Tor the release OF vessels
lcaptured by pirates, will DO good and pesois-
be-" when Tie Rebel government OF JEFF. Davis 10
established all over the United States, aud not
beiore.
VI. Let Us answer this question, Yankee fashion.
Ii you bad gold to sell, which you held at 30 per
cent beloro tho battle OF Gettysburg, would yos
have been rather glad to sell at 40 per cent after.
ward Or nj " per after the fail Of V~ksonrgI
and 80 on down the scale as the Union pro~Isss
rises
\ In conclusion, be assured that the price OF gold
does regulate the price Of wool and wheat