The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1865-06-17

ciaeS VI stOcK required can be bought at
lower prices. In whatever light We look
are not the remotest signs Of any improve
ment taking place in prices-the tendency
70 al the other way, and the sooner this
fact 10 realized the better for the interests oil
stock growers and drovers. There were
aoout 6OO head of cattle In the yards this
evening unsold. The market closed quist
and dull at the decline, previously noted,
ping cattle, and of 25a5oc per 100 lbs On
thin steers and medium qualities. The
following are the sales at the various yard:
doas-There were in the various yards
on sale including the fresh receipts, about
1000 hogs. Shipments 1909 head. En-
tered sales at the various yards s. 17e head,
ut - 5Oas 90, chiefly at - 75a 80 p 100 MS.
The market has been literally supplied,
and. In regard to quality, the receipts were
comparatively good. The market opened
with good supply Of hogs on sale, and .
fair attendance of buyers, principally for
the eastern markets, the demand for other
points having somewhat declined during
the present week. To the general observer
there was no perceptibled ifference between
the tone and spirit of buyers this morning
aud last evening, and If We had taken our
impression of the market from any one
sale yard, we should undoubtedly have
formed q wrong idea OF the general feeling
which exists among the numerous opera
tors in this market, as at each ofthe yards
there was different estimate, and prices.
varied in corresponding degree -ona of
present system of having yards all around
the city as the mountains areround the an.
Gent Jewish metropolis.
The stagnation in the wool market still
continues, buyers and sellers seem to DO
wide apart in their views.
The dealers In WOO. last year nearly all
lost heavily. Spectators are now carry.
ing wool bought At tlal 10 last July, that
could not be sold now for over 60c. Under
such circumstances it is not to b expected
that they will take hold Of the new clip 1t
SOC. which is the figure named by con-
veeDion CT wool growers in Ohio that they
must have. SO
A Cincinnati paper says:
Wool-The advancing tendency Of hold
has given the market drmee tone. on the
part of holders, at least, but dealers aro
still ttmid, not having any confidence ia !
and It 10 dif6cult to buy below these rates.
We cannot hear Of any anxiety to buy
Small lots Of washed coming In bring. 500.
and unwashed 30a33c.
In Chicago there seems to be little doing.
The Times remarks:
There il little additional to say with reSe.
renee to the wool trade. The receipts o.
yet are tr;diug, and there can be little mis-.
take In asserting that the farmers have IL.
most en- nsasse determined upon holding on
for better prices. The same state Of facts
exists everywhere. The following II from
the Detroit Free Press Of the 18th:
"a little Of the new clip Il being bought
up throughout the State aud the price paid
seems to be uniformly SOC. The wool that
comes ia now IL small lots which tho hold
ers are anxious TO get out the way, or u sold
BY those whom circumstances compel to
take the low price offered. We are much
mistaken II any considerable quantity
comes to market At present rates. Buyers
seem ready to take all they can get at the
present figures, an indication that they
have con fidence In advance Of prices.
"Battle Creek-The following amounts
were taken ut this town on Saturday: b +
& Fl T Human 600 ms at SOC; v p vOllier
$50 lbs at SOC; c Buckley 1.5OO ns at Soc:
"Grass Lake-Lord & Fargo yesterday
took So Ms at Soc.
the Michigan Central that we could learn
OF aside from those reported by us on Sun.
day morning"
The New York Hercd has for some time
been urging proposition for paying OF
the National debt by voluntary subscrip-
ton. Tie Chicago Rep,s6lseo. says with
reference to it:
A tipancia, writer to . Boston paper
states that number Of plans for paying
the national debt are now being pressed
upon the attention Of the public, and ale
Jude. to the proposition recently pa. forth
tary subscription, which, heA terms, the
most absurd Of ali. In this we agrees with
Rim. The debt is about equal to one quar-.
ter Of the developed wealth Of the country,
and We have only to consider the possible
ity Of any given town or city raising by
subscription q sum equal TO twenty-five
five per cent. Of the whole value Of its real
and personal property, to see that this
proposition is not worthy Of serious atten-
ton. A
The debt, to considerable extent, repre-
sents the waste of war, and the bonds of
the government are the substitutes for the
capital which, in material or by the diver
sion Of labor from its usual channelss has
been absorbed, and the country, with faith
in the ultimate payment OF ailthe govern
ment Indebtedness, is now using these pa
per representatives of value in its business
tn place of the capital which the war has
Asa merchant whose capital has become
too small to carry on his business upon a
cash basis uses his credit by means of notes
or otherwise until the accumulation of his
profits enables him TO withdraw sutii-
Gent sum to pay his liabilities without dis
turbing his usual stock, SO the country,
which has expended more during the past
four wears than the accumulation OF ma.
tionai wealth during that period, must be
content to do business upon the credit OF
e;overnment as represented by its notes
until the time when the increase Of Our
means shall enable rs to pay the holders
ana retire these evidences OF credit. As
the ability to do this without disturbing
The business Of the country will Be slowly
acquired, tho debt WIN Be reduced by q.
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