12 Conservative ,
MKMOUA.NnU.il ON WOOL A PROPH
ECY.
Wool is slack just now. Everything
else is slack at this time.
This is the sluggish season. Will
wool revive and rise ? The opening of
the market alone can tell that for a dead
certainty. We submit the following
facts from the field of production and
you may draw your own conclusions :
Our own flocks may not be further
decimated during the last twelve
months. They certainly have not sen
sibly increased. We will say that they
have about held their own. One fact ,
however , is patent in every refrigerator ,
viz. : The lambs now coming to mar
ket and those which have been coming
for some time , are , generally , mere
frames , in bad condition. This shows
that unfavorable conditions are back of
; v them. The sheep are , practically in no
N ? better shape. Well , poor sheep make
little wool. The flocks which are pro
ducing the forthcoming fleeces are likely
to produce a lesser amount of wool than
the same number of better t pastured
sheep did last year ,
That is one item for your judgment.
Here is another. The flocks of Europe
have not increased , so no increase of
wool can be expected from that quarter.
There have been fearful losses of
sheep in some of the great supply dis
tricts , especially in Australia and South
America , where the world's largest
sheep flocks are grown.
Since the last shearing the Australian
flocks have been decimated to the extent
of 15,000,000 or 20,000,000 head of sheep.
The prolonged drouth and scarcity of
food in the Antipodes caused this fright
ful less to the pastoralists down there.
The remaining sheep have , upon the
whole , had a struggle for existence.
This has impoverished their systems
The result will be a loss of both in the
quality and quantity of wool shorn for
this season's sales.
In South America , floods , foot rot and
other things , have killed fully 7,000,000
of the sheep of that country. This is an
item. Africa has been ravaged by war
and live stock pestilences which have
decreased the flocks in that quarter
especially those in the Orange Free
State and beyond the Vaal. We hav
pointed out the sources of the woo
supply and have indicated their presen
condition for fleece. Will wool revive
and go up again in the fall and winte
trading ? You can look over the above
and draw your own conclusions. The
data above will suggest the answer.
National Provisioner.
IJRYAN HIMSELF PARAMOUNT.
Really , it does not matter whether
imperialism or 1C to 1 is paramount , so
long as Mr. Bryan himself is paramount.
This is the view that seems to be taken
pretty generally by the more indepen
dent papers. The Boston Herald , the
THE AUDIT COMPANY
OF NEW YORK.
Queer ? J3tiil(1irt r , N. Y.
ATouYenIt City.
OFFICERS :
Acting President , Vice-President ,
AUGUST BELMONT. WILLIAM A. NASH.
Manager , Secretary and Treasurer ,
THOMAS L. GREENE. EDWARD T. FERINE.
The Audit Company begs to announce the opening of Western
Offices as above.
Hereafter , at both the New York and Chicago Offices contracts
may be made for audits of accounts , and financial and physical exam
inations of properties , with certificates , reports and appraisals.
The Western Board of Control of the Company and the Manager
of the Western Office will be as follows :
WESTERN BOARD OF CONTROL :
JOHN J. MITCHELL , Chairman , President Illinois Trust & Savings Bank ,
Chicago.
JOHN C. BLACK , President Continental National Bank , Chicago.
JAMES B. FORGAN , President First National Bank , Chicago.
JAMES H. ECKELS , President Commercial National Bank , Chicago.
EDWIN A. POTTER , President American Trust and Savings Bank , Ohicngo.
Counsel to Western Office : L. MAYER , Moran , Mayer & Meyer , Chicago.
Western Manager : A. W. DUNNING.
New York Evening Post , the New York
Times , Harper's Weekly , and Puck have
all declared themselves against Bryan.
The Evening Post has not said that it
would support McKinley , and it hopes
for a third ticket. But they all of them
agree that Bryan is quite out of the
question. There is no reason to doubt
that they represent the independent
vote of the country. Some few of the
gold democrats have announced their
intention of supporting Bryan , and he
may get the votes of a few of the more
rabid anti-imperialists. Bat to the aver
age man the fight this year is the fight
of 1896 over again. The lines were laid
down by Mr. Bryan , who compelled the
convention to reaffirm in terms the old
declaration on the money question and
to reaffirm the whole Chicago platform.
The challenge comes from Bryan. That
it will be accepted we do not for a mo
ment doubt. He at least is paramount.
And that is quite enough to know. In
dianapolis News ( Ind ) .
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