Democratic Sentinel, Volume 17, Number 4, Rensselaer, Jasper County, 10 February 1893 — Wool Prices Advancing. [ARTICLE]

Wool Prices Advancing.

It will probably be years before native wools touch the unprecedentedly low prices recorded in November, 1892. Almost immediately after election prices, which had been declining for two, yes, for thirty years, began to round the turning point. In the first weeks of January, 1893, the wool market became decidedly firmer, and on Jan. 19 the Wool Reporter began to report advances in prices. Its Boston report said that “Fleeces have shown more strength, and havo advanced at least 1 cent a pound all along the line; for example, several sales of Michigan X have been made at from 27 to 27J cents; No 1 Ohio combing at 36 cents; No. 1 Ohio fleece, 33 to 34 cents, and various lots of discount wools in the same ratio above previous quotations. “There has been a good demand at firm prices for territory, pulled, and scoured wools; good wools especially are very firm, and the trade will be, doubtless, wise and judicious enough to bold the market at the present prices. ” Substantially these same reports come from New York, Philadelphia, Chicago, and other cities. This news will send cold chills up and down the backs of Judge Lawrence and the few other political wool growers, who still insist that what is needed to stop the decline in prices is higher duties, but it will be welcome news to the thousands of real wool growers, many of whom voted for free wool this year for the first time.

We read of burning brick in Asia in circular kilns, the last stages consisting of covering the kilns and arches with heavy felt kept very moist, really creating steam instead of flame. The process is said to give the brick great hardness. The British Islands now have 1,700 locomotives. The railroads of Great Britain are now valued at about $4,500,000,000, and employ nearly half a million of people. fcEBEBQS sometimes lost for 2CO years.