The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1867-08-20
WOOL Make Ts.
NEW YORK.

NEW YORK.
The Commercial says there is de-
cided improvement in this department
A great many western holders have
COME to the rescue and taken theil
| wool out of the market; Others have re-
stricted their commission houses so that
few have now orders to sell OH arrival
but their orders are to sell at certain
figures. There are very few indeed who
can understand why Il few days age
prices sold down to such low figures
Because, however closely pressed either
commission houses or dealers might be
for money, wool WAS good value at the
prices for which il sold, to hold as an
investment. Some dealers have seen
this, aud have relieved some of the
weak holders from their burdens, and
now offers are refused which would
have been gladly accepted ten days ago
Wooden goods are selling low, partic-
ularly last fall and winters productions,
but new goods ara selling at fair mar
gin with wool as it is; but manntac-
turers have been trying to buy WOOL ut
the basis Of what old goods are selling
for. for at the low price which they are
selling, had they been manufactured
from wool at the present prices, they
would have made no loss. The great
1nestion has been, for the past few
DAYS. whether wool was to be sold on
the basis of what new goods were sell
ing for, or on what the old ones were
selling at. The question is now solved.
Tbs wool market il governed by the
prices at which the present production
of goods are worth, and not at what the
old stock is selling for. During the past
ten days grave questions have been dis
cuSscd among manufacturers, wool
dealers and merchants. Among the
number, We note first, whether the
amount of goods produced are not larg-
er than the consumption The next,
whether the amount of wool produced
in the country is not larger than the
amount cOnsumcdH
OF course these questions are sup
posed to be shrewdly discussed with
reference to tho price of wool, for if
there are too many goods produced in
the country, then part of the present
amount of machinery must cease run
ming. and if there is more wool pro-
duced than consumed, then the supply
is larger than the demand, and prices
cannot be sustained. We do not know
that we are partial to lies, but if they
are to he told. and so long as human
nature is what it is, they will be told;
but when we arc listening, and some
times we are forced to hear things to
which we are not Mt all partial, then we
say if lies are to be told when we are
compelled to listen, we beg that they
may be told with some degree of plaus
Utility, for we have noticed that those
lies which nearest resemble truth are
the most readily believed. The same
remarks would apply to reasoning. II
it is false let us have some degree OF
ability connected with it, so that if We
cannot endorse the conclusion We may
admit the ingenuity by which it is
reached.
Now we are disposed to inucuIe those
WIS., shreC3a ";uoh who would have us
believe that there are more WOODEN
goods produced in the country than
consumed. Let any person stand ut any
point on Broadway and count, if they
can, the number of persons who pass in
an hour wearing broadcloth coats, and
remember that there is not more than
two establishments manufacturing
EN- Company, and Washington Mills,
Then again, let them consider that we
imported last year about 10000 pounds
of wool to supply our wants, then our
manufacturing establishments did not
run more than / timei At the time
that the wool buyers are so shrewdly
discussing these points, the farmer il
contemplating the destruction of his
sheep, because wool growing is so IN
productive. Would these shrewd buyers
go to the farmer and tell him that there
are too many sheep in the country, and
too much wool, he had better make his
sheep into mutton.
Our advice TO the farmer would be To
hold on TO your sheep, save Your lambs,
fat the aged, keep up Your focks; all
the wool conld be consumed in the
country before its wants would be sup.
piled if the production was doubted.
There is large amount of goods pro-
duced from wool and consumed in this
country, the manufacture Of which has
not yet been attempted here; and the
farmer must remember that wheat will
not always be two dollars bushel, nor
corn one dollar; that before another
year rolls round the farmer will want
his sheep 10 eat his corn; he will find it
profitable to convert his corn into wool.
He must also remember that the gloom
and depression that has hung so long
over the wooden rrade is passing away.
and better times are fast approaching
But do not be foolish. A great many
foolish things are said and done at the
present time. Among the greatest of
these is the strike of the employees in
the wooden mills Mt Waterford, Mass.
These turned ont on Monday morning
for higher wages. What a difficult
thing ii is sometimes for persons to see
where their interests are. We do not
think they are in strikes, unless the fact
of their reducing consumption NAV as
slst trade to some extent We believe
the best way is to take things as they
are, not to overrate or over state. but
deal with them just as they are. We do
not believe that the wool trade or
WOODEN manufacturing is entirely lost !;
we think there is future for both,
brighter than any they have vet seen.
The sales of the week include 25O, 900
lbs. fleece ranging from 40a62t, including
$500 lbs. Michigan on private terms;
5000 lbs. unwashed 80; $500 lbs. tub
wool, part so; 1000 lbs. XXaXXX ga;
$1,000 lbs. State fleece a.; 5000 lbs. fine
Wisconsin al; 1880 lbs. Illinois 40;