The Wyandot pioneer. (Upper Sandusky, Ohio) 1853-1868, 1866-06-14
For the Pioneer.
The Ohio Wool Market.


now upon us, and with it comes the
question of what shall be the price of
wool. Having spent most of the past
month at public shearings and meet
ings of the wool growers, this ques-
ton has been constantly asked me, and
/ have made such answer as, according
to the best Of my information, would
subserve the truth. think no person
can say confidently just what wool will
be wofth month hence, or what price
farmers ought to insist upon, but so
far as have any opinion to express,
/ will give it, under the above gualifi-
cation ess aTe Gosr t8s aa4
In the first place, as to the causes
which will affect prices this season
The pending tariff agreed upon by the
Joint Committee of the National W ool
Growers and National Manufacturers
Associations, can operate only pros
pectively. The bill has not, at this
writing, been reported to Congress by
the Committee Of Ways and Means, so
that the nearest possible time Of its
passage is too far in the future to have
very direct influence in determining
the price which shall rule for our woods
in June or July. But the prospective
and collateral influence of this measure
will be considerable Letus calculate :
With an impost duty of ten cts. per
lb. and ten per cent. ad valorem on for
eign wools-of which foreign woods it
takes two pounds to be equal to one OF
American wool-to the American wool
grower twice ten cents per pound, and
twice ten per cent, say twenty three
cents add to this the cost of the for
eign wool, say, at fifteen cents pei
pound, equals thirty cents, making in
all fiftythree cents, besides exchange
storage, DC, and the American WOO
grower will have his own market at al
average of some sixty cents per pound
Even under the present delusiye tariff
it is stated in the last report Of the Bos
ton Board of Trade, BY one of the best
informed wool dealers in that city
that even at a cost Of twenty four cent;
per pound; the importation of Mestizc
W6ols the past season had not been re
munerative; and this while American
woolis quoted at fifty to fifty five cents
If this calculation is correct, l thinl
the American wool grower has abun
dant reason to be satisfied with th'
prospective condition of the wool mar
ket. s.. ..' -.'-
Another and more immediate caus,
affecting the price of wool in 1866, il
the fact that the eastern wool houses
ate Unusually bare, not only of foreign
but of entire and desirable lots of do
mestic wool. Interpretations of manu-
facturers within the last few week
ha*g cleared the eastern WOOL houses tt
an extent below that of any other time
at this season, within the last fv,
years. Meanwhile THE machinery o
the w00len ffiills has been increased
fully fifty per cent, requiring a suppl.
of one-t third more than all the WOO
raised Id the United States; to keep j
in even moderate operation. -ta e
These two main facts-viz: the un
proftableness of Importation, and tn
necessity for domestic wool; fix. tn
status of the market at It's presen
Opening. %-- Is u .'.'1 . 1gL 2-@a'
The wool buyers are already in tn
field with the expressed determinatlo
to take the new clip at range of fror
forty-fve to fifty cents. Formerly
was the custom, just before the sendin
out of orders to purchase wool in tn
spring, to getup sham sale in Bos
ton or New York, and send out a falls
report ofprices but as this practice ca
no longer deceive intelligent men, tn
spectators have resorted to a syste1
of decrying the condition of our woods
and for this purpose have held meet
ings in Michigan and Ohio, adoptin
rules both impracticable and unjust
and putting forth declarations concern
ing the practices of wool grower
whose impudence is only equaled b
their falsehood.
/ But the farmers have wool to sci
and these men will come to buy i
Every farmer must decide for himsel
how he will dispose of his wool an
the price at which he will hold it. ]
is always most satisfactory to the fan
mer to dispose of his stiff at home 70
cash Id hand, and when satisfactor
offer Of this kind is made, / shoul
say, take it. But let no farmer be dc
ceived by specious arguments; as !
the bottom was about to fall out of th
\ ooa - 80