The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1884-05-02
CHICAGO As A WOOL MARKET.

The wool commission business of Chicago
is largely increasing each year. In no city
in the United States have the wool commits
sion merchants better opportunities, in every
respect, for doing large and successful bust
ness, than Chicago. They have large, well
lighted, modern built ware houses, with every
possible convenience for handling great
quantities of wool with the least possible ex-
pense, and they have ample capital and bank
ing facilities for doi4g their large and in
creasing business. 9ney employ experienced
wool graders who are experts in the bust
ness, and the wooden manufa cturer can OBJ
tain from these houses the grade of wool re.
quired to make the particular quality of goods
he manufactures, and is not obliged to buy
what he does not want and can not use to
advantage.
The Chicago wool commission merchants
can we'll afford to handle the woods from the
wool growers and wool shippers for much
less commission and charges than can the
merchants of the Eastern cities, for the ex-
pense Of doing large wool business here is
less than half as much as at the East.
Woods in Chicago are sold for cash, and the
great risks of credit avoided. In the Eastern
markets sales are generally made on from
sixty days to four months. The commission
charged on wool growers by Chicago wool
commission merchants is generally but about
one-half as much as charged by those in
Eastern cities. The wool growers and wool
shippers who have done their business with
Chicago during the past year have, az rule,
realized more money for their wool than when
shipped to the Eastern markets, or sold at
home. The more intelligent and careful wool
growers have learned, by experience. where
they can do the best, and the number who
ship their wool to Chicago is annually increas
ing largely. One wool commission house
here handled. principally from the wool grow
ers of the West, nearly four million pounds
of wool last season, and with very general
satisfaction to the growers, considering the
low prices prevailing for wool in all the wool
markets.
Our interests are with the farmers and wool
growers. and we want them TO obtain the best
prices possible for their product, and we
believe there is no way that they and the man.
ufacturer can meet with so small an amount
paid to middlemen az with the wool commits.
sion merchants his sales are made for the
wool grower direct to the manufacturer, and
but one small commission is paid.
In very many sections the wool grower is
entirely at the mercy Of the local wool buyer,
and taking advantage of his knowledge of
the markets and of his small competition, if
any, he pays often from one to FIVE cents per
pound less TO the wosl grower than the latter
would receive if he shipped to wool CON-
mission merchant.
Everything, we are sorry to be obliged to
admit, points TO the probability of low range
of prices the coming season, and The wool
grower should we'll consider his best interest
in finding market for his clip. He can
ship single sack of wool to wool commits
sion house here, and realize full prices the
same as if he had car load, if his wool is
desirable and we'll andled.-Prairie Farmer.