The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1883-08-10
MARKETING WOOL.

The discussion of the question how Il
market wool so as to realize the hest price,
is not yet exhausted. A difference of three
four or five cents per pound, more or less
on clip of wool will make a notable differ
ence in the profits of the wool grower.
The pocket is one Of the tenderest insti
tutions of our social system, and anything
that affects Is seriously is sure to be felt tt
the very extremities, and will arouse tht
entire nature to action.
If the small wool grover can increase hi'
receipts thirty TO fifty dollars every year
enough to pay all his taxes, and the large
wool grower can increase his income hun
dreds of dollars by selling in better mar
ket, they are going to find out here tha
market is, and all about it, and are going tt
sell in it, The misrepresentation Of inter,
ested parties and the
GHOSTS OF GR0UNDLEss FEARS
that have haunted the wool grower fol-
years will vanish before the assurance thai
comes of knowledge and the shine of solid
dollars. produced this year 744 lbs. o.
wool, unwashed, exclusive of tags Let ui
figure the difference between The highest
and the price il uetted me sold in Chicago
744 lbs of wool, netted proceeds $3.50 SO
744 lbs of wool at Zoe $148 80
Difference in favor of Chicago market $32. 10
My wool, including Is lbs tags, sold in
Chicago for $l9205 and the net proceeds
including tags, was $l81.68-
The question has been asked NE more
than once if did not have the " inside row
in getting my wool sold at such high prices
answer emphatically, No" Messrs. W
A. Allen Co., were entire strangers to me
and | to them. / sent my wool to them
without any instructions. The market quo
tations will show that my wool was sold al
current prices. The gentlemen claimed, in
rendering account of sales, that they had
obtained full market prices, and the infer
ence was that, although prices were low
they had done the best that could be done
NOW LET US EXAMINE
into the makeup of the Kenosha county
market. The local buyers keep close watch
of the situation at home, are constantly
sounding the views of wool growers, and
are in constant correspondence with theil
principals, the eastern wool dealers They
are we'll acquainted with the necessities OF
the wool grower, and know just how much
wool must be marketed as soon as sheared
to pay his debts.
This year the eastern dealers sent ou
their instructions to the local buyere, " buy
all the good washed wool you can fol
thirty cents per pound. Don't pay more
than Is to 20 cents per pound for unwasheC
wool"
good share of the wool clip of ihii
county has already been bought at the fig
ures set by the eastern dealers, because Thu
wool grower did not know of any bette
market. and must have money on the spol
to meet his necessities. Remember
DON'T BLAME THE WOOL DEALER.
1t is an unchallenged maxim of commere
to buy as chap as you can. If | had thu
capital and brains To deal in wool [ would
do just as the wool dealers do They hav,
bought the wool clip of this county for iv,
CENTS a pound less than its real marke
value, and if the wool grower is willing tC
sell at such prices the dea'er has right Il
buy it, If the wool grower growls at tn,
low price, The local dealer tells him to d.
better if he eau. If the wool grower speak!
of sending his wool TO be sold on commission
the local buyer has stuffed ghost in hi:
buggy to shove out and scare him. Says
he. "a You'll get pretty sick of that los
several thousand dollars by consigning q lo
of wool to a commission house lost the
whole thing
The guileless granger turns pale, tells the
buyer he had rather submit TO having one
sixth Of his wool clip appropriated than
send his wool 10 Chicago and lose the
whole thing.
NOW THESE ARE FACTS.
The dealers Tor whom the local BUYERS act
as agents are often commission men
and run commission houses. And wooden
manufacturers use commission houses both
to buy and sell manufacturer buying in
this county would get some wool that he
could not use in his own mill and be con-
signs it without hesitation to some reliable
commission house to be sold.
Commission houses are very useful and
indispensable parts of the machinery of
commerce. To be successful, or even to ex-
ist, they must be run on business principles,
among the most essential of which are integ-
rity, honor and efficiency. Lacking either
of these essentials they go quickly to the