The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1865-07-20

woeI-We publish the following communi.
cation from the New York Tribune, in references
to the demand tor and the probable price Of one
of tho great staples Of the country. We fear
the writer 10 littlo sanguine to the price oil
the present clip, and We shall not advice our
wool growers to hold on to their wool with the
depreciation of realizing 30 cts the present sea-
son. We have not forgotten that many lots Of
wool are still in the hands of growers. thai
would have brought lO5allo last summer
To the Editor of The N. Y. Tribune.
SIR: As the season of the new clip is at
hand the usual influences to depress prices are
being resorted to, and wool-growers viii require
extra nerve 70 contend with parties whose In.
terest it 10 TO buy cheap. Manuiac turers, deal.
ers and spectators are all croakers they are
invariably 60 at shearing time. We hope the
farmers will not be deceived by any falss reas-
oning. There are facts affecting the staple
which should steadily be borne in mind. Lesvs
ing out Of view the sudden and great changes
that have taken place in the markets during
the war. brought about by demand for srmy
purposes, fluctuations in currency, &c, and
years preceding, we find the average price Of
fine and medium fleece wool from 1927 to 1861,
81 yesrs. to be 46i cents per pound. AsA ~
During all that period foreign wools were ad-
mitted at very low datiss-some description ns
entirely fEeo.5 The consumption Of wool In
this country has at all times been largely ahead
| 5fpfodaction, and, hence imported woods have
generally contr oiled prices. faaai saa
ln'i864 the clip was estimated al 90, Doc, 900
pounda; there wac imported from abrosdf during
| The year 1000 900 pounds most oft prior to
July l-before the new tariff took effect. 4
Now, we find, on inquiry, that the stock of
| old fleece ia almost exhs usted. Ind that the sup
ply Of foreign is very much reduced. while i'm
ports have fallen off 76 per cent from last year
at corresponding periods ; the first four months
Of 1864 imports were 81 GAO bales against ls Sls
in 1865. Importing wool is now. ana has been
for several months, losing business the mar
K ct must improve or it VIII entirely cease.
= Nc, cease it cannot, will not, save for period
as manufacturers have been and are now ''coins
ing money, and must be supplied with raw m g.
terial, e@4s ~ 3'E.a u. ~
There seems to u no good reason for prices
being below at least Soc. per ID for the average
Of American Fleece wool. ri
For "a years we have shown the coin ptice
was -. - 49,. .45io
Add gold premium, say 40 per cent. --..... .lS4c
To equal average of years should be, 634c
at the present time, without reference to the
protection which the present tariff gives to the
wool grower, eY Hj #334{. 4 II
With view to fostering and encouraging the |
manufacture of wooden goods in the United
States, Congress laid duty on nearly ali
fabrics of wool imported from abroad Of 24c. |
per ID and 40 per cent ad valorem. The fol- |
lowing is the scale of duties on wool, viz;
0fthe value at the last port or place of ex. |
port of 10 per Id or less Sc. per Id. ~
OF the value at the last port or place of ex-
port exceeding 10 and not exceeding 24c., &C.
per h.. n p 49, - ~ -
Of the value at the last port or place of ex-
port-exceeding 24c, and not exceeding $780,,
loo. per 10 and 10 per cent ad vslorem..
OF the value at the last port or place of exs
port exceeding &c., 49, per ID and 10 per cent
ad Yalorem. II
Whom imported secured, three times the
amount of the above duties.
Very little of the Sc. duty wool is imported i
the great bulk costs abroad from I2a24c, and
pays &c. coin. The heaviest imports are from
the River Plata. Cape iGood Hope and Med.
iterranean. All the woods are imported unwash-
ed and waste two thirds, average in securing,
so that there is actual duty of lSc. per pound
coin on clean WOOL Add gold premium. and
it gives the American wo ol-grower protection |
OF 25c Fer pound on secured 4; or one third off, |
and bring it TO the condition Of fleece washed
on the sleeps back, and we have TIC. per pound |
as ageinst the foreign article rendered to equal
condition. at
= Thus leaving out of view the state of the mar-
ket for the last four years, which was irregular
excited and various with gold and exchange,
we should reason that with the existing and
natural cause, Wool ought to command
Average of34 years prior to 81. so
m Premium on gold at no. ....I82o
Equivalent Of Duty On Foreign. ~
t.o =. r ada. rs d l..s. .e... 1910
or say Solo, per 10.
!. With the great Southern marke cts now thrown
open an impetus is given to the manutact uring
business, and it will be strange indeed if prices
of Wool and Wooien goods do not still largely
advance ~ II
Neto York June &c 1865 |
ApPorfionment of School Money.-