Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1863-05-30
New York wool nrnrLat.
tFrOm the Tribune of THURSDAY. Nav 2stI

yH Il
The market has been rather quiet this
week, pending an auction sale of s9l bales
Cape WoOls advertised to be sold to-day in
Boston, blythe Messrs. Harris's, auctioneers,
the particulars of which have lust come tn
hand by telegraph, aud will surprise all
our readers. The sale, it appears, has
proved great success, the entire Offering
being sold at from 10000, and one lot
brought as high as 424c; terms mos, or
u cent off for cash. This appears very
singular after the large offerings of this
class of woods the past two months in
Boston and here. Besides Cape Woods
could be bought in this market the past two
weeks by private sale at 35937c. for good
to hne, although $50 bales very fne were
disposed of in lots the past week at 378A
4Oc., these rates were considered above
the market value until the result of the
above sale established the fact that Cape
| WOODS are worth more money. Although
the telegraph says the sale was not nu-
merously attended, yet it appears those
! present were satisfied that the wool was
worth more money than owners were re.
Gently obtaining through Brokers at pri-
Vate sale. Wool has been declining the
past month materially, but We could not
| discover the cause, other than a decreasing
stock on the market and in the hands Of
manufacturers. These causes we would
consider good reason for wool to advance.
We have been laboriug under the impress
sion, too, that the decline in gold aud ex-
chhnge would be instrumental in causing
reduction in the price of wool, but some
OF the best informed in the trade ASSURE us
that such Is not the fact, although gold has
failed Al, being decline of 749 cent iu.
ring the week. But the fact of the rnatteris.
the wool men are seldom guided by the laws
OF trade, and the reason they pretend to give
now for decline in wool is, that mauufac.
turers cannot sell their goods at remuner-
ating prices. Well, if such were real
TACT 1t would be only serving them right,
because three-fourths otthe goods made by
manufacturers the past two years are dis
grace TO our producers, and in other seas.
ons they dare not place them ON the mark
ct IN competition with other goods to sell
them advantageously to the interest of the
producers. For a verifcation of this fact.
tits only necessary for any one who knows
sattPet from piece of cashmere to enter
the market and take glance at the goods
therein. The majority are all nearly the
same poor style and coloring throughout
But the fact of the matter is that wooden
producers have made more money the past
| Two years than during the same period in
many years before, and we only trust they
| may make much the next two years, but
they will not be apt to if the farmers will
| not part With their woods short of 75c, S5c
or 81 u tb., as some of them now ask,
while woolen producers assert they will not
pay over 50@55c q h., aud dealers say the
market will open at 65970c. We see
nothing to chaugeour own opinion on this
head. We know right well the manufac-
turers are prepared to pay fully the prices
that dealers say the market will open at,
but they will not obtain choice Ohio and
Pennsylvsnia heeces short of 758s0c., but
| anything above these rates would be en-.
Eirely too high, aud WOOL growers will be
we'll paid for their labor if they can dis.
pose of the incoming clip at 609soc for
lone-quarter to full blood AIsrino and choice
Saxouy. With these remarks, We leave the
trade TO operate just as they please, the
uext six weeks, trusting that they will ex.
eEcise more caution in purchasing than
hey appear to have done at the Boston
sale to day. The sbesring season has ale
ready commenced though very few washed
sheep have yet been shorn, but farmers are
noW about washing their hocks, aud We
look for considerable activity the next two
weeks. The accounts from the growing
districts are very conflicting, bat by the end
of next week, or perhaps sooner, we may
be enabled TO give our readers more accu-
rate Information. Thepractice'of our pro.
ducers, however, in turning new wool into
cloth Immediately of the sheep's back is a
bad one, and hence We are not at all sur
prised they cannot giveSSthat dnish to their
fabrics which European producers can With
stale wools. Immediately subsequent TO
our last an active inquiry set in, and sales
of some 300, 900 tb native heeces were made
ati66@85c., mostly at 7597se., also &c.,
600 10 Valparaiso, 46 bafes MesEiZa, and
I 100 bales GordoTa, on private terms.