Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1863-08-18
rhe Dry Goods Trade-Cotton and
WOODEN Goods.
From the N. Y. Price Current

l
From the N. Y. Price Current.
The Fall trade has been very quiet for
the most part, but within the past two or
three DAYS much greater degree of activ-
lity has prevailed in almost every depart
ment. The sales of Cotton manufactures
continue light, and there is considerable
difference in the views OF buyers and sell
Hers. Those who have all along been look
ling for panic in the market as the
natural result of the reduction of the Con.
/ Tolerate stronghOlds on the Mississippi and
1.-The opening Of that stream to commerce
! and trade, are beginning to see their mis-
take, yet hold out strong for some reduc-
ton IN prices, arguing that, as the reoel-
lion is nearly gone under, prices must oil
necessity soon materially decline. But tine
holders, including the large SPECTATORS
see things in different light and according
ly instead of seeing signs of a collapse in
the immediate future, they find every IN
Educement to maintain firm hold OF their
Foods, and believe that they will soon De
in active demand at full prices. MOST
dealers anticipate a higher, rather tnah
i lower range of prices. Low priced woolsu
goods are taking the place of many klnos
Of cotton goods, and are selling quite tree
lly, No concessions are made IN any style
/ of either cotton or wooden goods, except
old styles or unreasonable fabrics: ms
| attention of the trade has been ABSORBED oy
the uncertainties connected with cotton
| and wool, and the unsettled condition OF
| the wool market since the returns OF this
seasons clip have become known. me
| extravaganza anticipations of the wool
| prowers-such as recently resolved IN
Ohio, that "Wool is worth one dollar per
pound" this season-do not promise to be
realized. In fact, there is no probability,
and scarcely possibility, that it will at
tain to anything like so exorbitaut price.
On the contrary, the recent large auction
sales which have been held in various sec
tons of the country, would seem to lnal-
cate that the market will settle down to
very much lower figure than even the least
sauguine of the producers have anuciPat-
ed. OF course the market price will be
controlled to large extent by the auction
sales, the last of which, held in this city
on Wednesday, may be found reported IN
full in another column.
There are quite a number OF buyers IN
the City from the West and Southwest,
who are looking about selecting goods,
and who evince disposition to purchase
treely-chiefiy of Wooden Goods. The
late Important Union successes in the
Southwest are destined to exert CONTROLS
Ing influence on the market, though not IN
the way that many people have supposed
That section of the country, as well as
all through the West, is bare of goods, and
there will in all probability be an active
demand for all kinds. which, owing to linn
tied stocks, q light manufacturing business
and the high price of cotton, IL Is quite
likely to result in enhancing the price of
manufactures generally. Such, at all
events, is the prevailing opinion among
the trade, and all kinds. of fabrics are ac-
cordingly held firm.
FINANCE AND GENERAL TRADE.
From the same.
Nothing of especial interest in connec-
ton With financial affairs has transpired
within the past three days, aud the week
closes as quiet as it commenced. The fa-
vorable news from Charleston Harbor, the
entire confidence of the Uuion forces in
the complete and speedy success of the
movement against the defences of the city,
as in the subsequent speedy capture or de-
structiou of the city itself, i1fuses q like
confidence in the public mind hereaway-
and in the absence of any unfavOrable adj
vices from abroad, or concerning war mat
tiers at home, the utmost buoyancy of feel
ing almost everywhere obtains. The Union
cause has never looked so bright since the
commencement of hostilities, and it seems
&c be taken for granted that few more of
such telling blows as the capture of Vicks-
burg aud Port Hudson would insure the
complete overthrow of the rebellion, and
eSentuate the restoration of the Union.
The existing state of affairs az the North
and at the South, affords the most iudis-
putable evidence of the superior ability of
the former to carry on war, aud this fact
alone is sufficient to confirm the belief that
the rebellion can never succeed. But
when taken 10 connection with the fact
ihaE BY the retaking of Port Hudson aud
| Vicks6urg, the confederacy was severed,
beyond the hope of again being united,
while there is every prospect that two of
les principal cities-Charleston and No
bile-Rill, in all probability, soon be under
Federal control, this belief becomes GER
tainty. Il is 40 wonder, therefore, that the
news from Charleston takes the precedence
of everything else, or that the ''latest adj
vicesn from that direction are so eagerly
sought after. Capitalists no longer COM
plain Of low rates of interest, but anxious
iy look for safe Investments at the current
rates.