Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1866-06-07

thirty cents making in all fifty-three cents,
besides exchange, storage, &c, and the
American wool grower will have his own
market at an average of some sixty cents
per pound. Even under the present de-
lusive tariff. it Is stated in the last report of
the Boston Board of Trade, by one of the
best informed wool dealers in that city, that
even at cost of twenty-four cents per
pound, the importation of Mestizo woods
the past season had not been remunerative;
and this while American wool is quoted at
fiity-tive cents. Ii this calculation is cor
rect, | think the American wool grower has
abundant reason to be satisfied with the
prospective condition of the wool market.
Another and more immediate cause af-
fecting the price of wOolin 1866, is the fact
that the Eastern wool houses are unusually
bare, not only of foreign, but of entire and
desirable lots Of domestic wool. The oper-
ations OF manufacturers within the last
few weeks have cleared the Eastern wool
houses to an extent below that of any 9TH
er time, at this season. within the last five
years. Meanwhile the machinery OF the
wooden mills has been increased fully fifty
per cent, requiring a supply of one-third
more than all the wool raised in the United
States, to keep 1t even in moderate opera
ton. .tH ,-f, tl
These two main facts-viz: the unproft-
ableness of impOrtatiOn, and the necessity
for domestic wool, fix the status of the mar
ket at its present opening.
The wool buyers are already in the field
with the expressed determination to take
the new clip at q range of from forty-fiye
to fifty cents. Formerly 1t was the custom,
just before the sending out of orders to
purchase wool in the spring, to get up
sham sale in Boston or New York, and send
out false report of prices; but rs this
practice can no longer deceive intelligent
men, the spectators have resOrted to a sys-
TEN of decrying the condition of our woods,
and for this purpose have held meetings in
Michigan and Ohio. adopting rules both iui7
practicable and unjust, and putting forth
declarations concerning the practices of
wool growers whose impudence is only
equaled by their faisehood.
But the farmers have wool to sell, aud
these men will come to buy it. Every farm
er must decide for himself how lie will dis
pose of his wool and the price at which he
will hold it. 1t is always most satisfactory
to the farmer to dispose of his stuff at home
for cash in hand, and when satisfactory
offer of this kind is made, | should say,
take it. But let no farmer be deceived by
speciOus arguments, as if the bottom was
about to fall out of the market. There can
be no prediction in trade at this time more
certain Of fultillment than that wool must
advance from present quotations, and al
though the published rates are from fortv-
five to fifty cents, ! know of considerable
purchases already made in Ohio at fitty-live
to sixty cents, and know of no good rea-
son why all the better class OF good cOndi-
toned Ohio wool should not command the
outside figure within the next two months.
Believing this, as do, from canvass of
the whole field OF production aud consump-
ton, send forth this statement to the pub
lie for the consideration of such wool grow
ers as are constantly inqpiring of me
What are the prospects of the wool trade
this season? S. ID. HARRIS.
Secretary Ohio Wool Growers Association,
and Agricultural Elitor Ohio Farmer.
Cleveland, June D. 1866.