Orleans independent standard. [volume] (Irasburgh, Vt.) 1856-1871, 1870-06-28
House, Farm and Garden.
/. ID. X. COLLINS, Editor.
Wool Prospects.

The following is from the New York
Economist, in regard to the prospective
prices of wool this season. The Economist
is in the special interest of the manufac-
turer:
"The general expectation now is that
wool will be bought at low figures, and at
low figures it should be bought WELL A
few facts should be kept in view at the
present time which may be of some SER
vice in the future. 1t was currently re-
ported in the fall that the west had been
| cleaned out of wool. This was assigned as
reason why dealers should hold on to
their wool and, beside, the amount of pull
led wool would be much smaller in 1869
than it was in 1868, because so many sheep
had been slaughtered, and hence, that
wool would be very scarce. Now, what
are the facts in the case? Notwithstand-
ing the tremendous slaughter of sheep in
1868, there was no scarcity of wool in 1869
that the quantity of wool which has been
received east since the 1st of January has
been larger-much larger-than during
the same months of 1869; that the amount
of pulled wool put upon the market has
been, if anything. larger than 1868. The
prices of goods have been lower than last
year; everything which could be said and
done to keep up prices, but all of no avail /;
facts have been too stubborn the wool con
tinues to come. In the middle of Februa-
ry trade dropped, and we had few weeks
of the dullest of trade known for long
time, but wool continued to pour into the
eastern market. Trade continued dull in
March, but still the wool came in. Thro'
April the same dizziness prevailed; yet
wool continued to come, and on the lst of
May there was more wool in the eastern
market than on the 1st of February. The
amount of fleece wool, no doubt, was less.
but the accumulation of pulled was large,
and yet many of the flannel mills running
short time, or but small amount of their
machinery
The Michigan Farmer of the 2Sth of
May, paper that looks after the interests
of the wool grower, comments on the above
as follows
Now we do not see what grounds there
is for general expectation that wool will
be bought at low prices, except in the de-
sires of the wool dealers and their organs.
who are doing their level best to manu-.
tacture such expectations, on the contrary.
with wool maintaining itself and even adj
yancing during the past season, in the face
of very heavy decline in -four and wheat,
and in the face of remarkably severe fall
ling off in trade throughout hewhole west
| during the last six months. there is gen
eral expectation that wool will not decline
IN prices. There is also a general feeling
throughout the country that the clip of
this year will not meet the wants of con-
sumption for the coming months, and that
1t will be the policy of manufacturers to
stock up their mills from first hands while
the clip is offered. Should it go into the
hands of wool dealers at low prices during
the next two months it is evident the man.
ufacturers would have good time paying
high prices for the next ten! We think.
therefore, if the wool growers are not too
anxious to push their wool into market all
at once, there will be a pretty firm market
at fair rates
We nete that some purchases of wool
have been already made at forty and forty
one cents, which is a very good beginning.
The eastern market is quite firm, and prjc-
es are well maintained. The Boston Bull
letin reports sales of million of pounds of
wool last week, at prices ranging from for
ty-three to ffty-one cents.
In New York the sales were about 200
600 pounds of various grades, the western
bringing good rates. Double extra Ohio
is quoted at forty-eight and a half to fifty
cents. Michigan wool sold at forty-fve
cents, not graded Combing or long wool
is quoted at fifty-four to sixty cents"