uality and quantity. This fact is
creditable to the sagacity of our agriculturists, for probably in
nothing else can an equal amount of profit be realized with the same
outlay.
Our market is not an important one for live stock, much of the greater
share of the receipts by rail being through freight. Our wholesale
market is mainly governed by that at the East, buyers for shipment are
always on the look-out, and whenever anything can be purchased that
affords even a moderate margin, it is promptly taken. Extra cattle are
always sought for by our butchers, and command full rates. A spirit of
emulation on the subject of fine stock is pervading the minds of our
farmers, and, as a consequence, its quality is rapidly improving. At
the last State Fair, the display of cattle was such as to elicit the
admiration of good judges from abroad. There are so many interests
claiming the attention of our agriculturists, that the idea of
becoming famous as to _quantity_, is perhaps precluded; if so, they
may well rest content in the attainment of high rank in point of
_quality_.
The raising of fine sheep is constantly attracting more and more
attention, and from the progress already made by our State, she bids
fair at no distant day to take a position in advance of all her sister
States.
The year 1859 opened with rather flattering prospects for
wool-growers. The last year's stock was nearly exhausted before the
new clip came into the market. Prices of woolen fabrics were
advancing, and bid fair to rule high. On the eve of the wool season
prices declined in the Eastern markets, although there was no
particular reason for this unfavorable turn. It was considered at the
time, that the fall in prices was occasioned by a regular combination
among buyers to break down the market. The news of the passage of the
Ticino by the Austrians, and the actual commencement of hostilities in
Italy, arrived in this country before the wool was brought into the
market, and this circumstance was seized on as a pretext for lowering
the price of the new clip. Buyers were very industrious in circulating
reports that a general European war was commencing, and, as it was
not known how affairs would terminate, it would be unsafe for American
buyers to make investments in the wool trade, except at prices that
would leave a large margin for profit. It was fortunate that farmers
did not take the same view of transatlantic complications, for they
refused to sell
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