Orleans independent standard. [volume] (Irasburgh, Vt.) 1856-1871, 1863-02-20

In Verlhcati0n OF an opinion espresso
in former number, we are informed b
one of the largest and most successfu
wooden manufacturers in New England
that in his opinion the next clip vii
command eighty cents per pound
Further, we append a statement lron
the United States Economist Of recen
date. 1t is, properly, a report of thu
market, and we have no doubt is relia-
BILE.
In face of large offerings by public
auction, our market for wool has beer
exceedingly excited, and the transaction:
have been larger the past week than we
have been able to record in a long time
IF our readers will recolIect, we told
them that after the Inauguration of the
New Year they would see one Of the
most active weeks in wool that they
ever saw, and the past week proves
what we published Owing to the rise
in gold and exchange, and the probabil-
ity that Congress will authorize e
issue of $300,000,000, more legal tender
notes, the market has become very ex-
cited, and the feeling in the wool interest
the past week has supriseb even the
" Father" of the wool children. The
demand has been from manufacturers and
spectators, principally the latter, and
capitalists are now finding that wool is
one of the hes: and safest interests in
which to invest. Under the present ex-
element in everything, can any one tell
why wool should not advance? With
gold at 1873 and exchange l55, what is to
prevent It? Besides, even should there
be decline in either Of these, the re-
marks set forth in our editorial columns
last week in regard to the future Of wool
are sufficient to warrant a future en-
bancement Of lis value. Wool must
further advance, nud those who have
been trying 10 bear the market viii
please stand aside and give the Ele- |
plant" a chance. Pine street TO day /
was never SO excited the offices Of all /
the leading wool brokers were filed with
wool men, aud the conversation was
principally wool. Holders obtained pd-
ces this week that were refused la7t
week, and the buyers take hold with a
IS snap" that surprises the oldest broker
on the street. The Ball Is now up
and we look for an activity ia WOOL that
has been Unprecedented Many for the
sales reported are given without any
quotations, brokers refusing to give them
or fear of further enhancement We
lnow Of some 100 ba es Cordoga wool
which was sold ibis week, only day OF
wo ago upon which over s 800 was
made upon reselljng. Thus stands the
wool market to day. We have no doubt
cut the next fortnight will see the mark
It more excited than ever. 1t has beer
Usual, formerly, upon the occurrence Of
public sale, that dull market succeed
d, but this year and these times are diff
erent to what ever has been seen before,
nd we tell those of our manufacturers
hat even now is the time, and that it is
ot too late to take hold. We predic,
Or the auction sale to come a large
tendance, probably the largest that was
yer attracted to a wool sale, and in the
resent excited state of everything, pri- .
es must reach a higher figure than d
ven the holders of wool anticipated. L
food clothing and inferior descriptions =
{ foreign have been especially in re g
uest--the midd!ing grades Of foreign d
ave been only in moderate demand, !"
wing chiehy to the uncertainty of the a,
equirements of government for army "
nd navy purposes. Upon the whole, ~ -
owever, we have to report brisk trade d
ith an improving tendency in rates of m
l descriptions, The sales include 100, y
20 in California, in lots, at SO a 44c., a,
ostly taken by spectators 100000
IS Illinois Fleeces at Gle; 10000 New
ork do. 81 64c; some Tub washed BI
20 70; $4,000 pulled at 60 Csc,
I'd 10000 Fleeces at 60 a zoe.