Rensselaer Republican, Volume 16, Number 10, Rensselaer, Jasper County, 15 November 1883 — Wool. [ARTICLE]

Wool.

London has long been the great wool market of the world, but indications now are that its precedence will ultimately be lost, and that may be the case within a few years. Australia alone has been furnishing that market over 200,000,1)00 pounds of wool per aniinm, equal to two-thirds of the home clip of the United States. But Australian wool-growers and dealers are now considering the feasibility of dealing directly with their customers, instead of leaving a large annual commission in the hands of the capitalists of the great metropolis. So it is likely that the day will come when the wool sale of London will not control the wool markets of the world to the extent they have heretofore.