Daily Republican., 1880-03-18

w N. KENNARD a CO.,
W. M. KENNARD 4 Co,
W. Nj. KENNARD h co,
W. NJ. KENNARD d CO.,
%, GIL MARKET ST. OIL MARKET ST
o21 MARKET ST gu MARKET ST
I6Z1 MARKET ST. gu MARKET ST
!, e2l MARKET ST. 62l MARKET 81
T. We have frequently been asked by our Gus
toners why Carpets have been advanced, an,
v feel we can no better explain the reason thai
by quoting, as we did in February, from tn,
March number Of the "Carpet Trade" &
q monthly journal-a recognized authority or
!, the carpet trade Of the country:
? "Complete confidence rules In regard to
the stability Of the market. The general ad-
!, vance in prices last month was accepted by
the trade without question, and countermands
were very lew.
"A further general advance is iminent, as
the newly made prices are still held to be low
by manufacturers, as compared with cost and
material. 1t is maintained that the near fr-
ture will see still higher figures for nearly all
grades Of carpets, certainly 1t Is that carpet
woods are firm with an upward tendency at
prices which even now makes manufacturing
unremunerative at present prices"
CARPET WOODS AND ADVANCED
WAGES.
This brings US to the reasons Tor the present
tirmnesS Of the market and the probabilities
as to Its future course.
Carpet wool forms one Of the most i'm.
portant Of the various commercial co ad Itlons
which exert vital influence upon the carpet
trade. Our regular monthly report of the
state OF the market iorshadowed the scarcity
and higher price oil wool which now prevails,
and we have regularly noted its fluctuations.
In order to present the sabje,t more fully at
this time, we have consulted with several Of
the leading importers and consumers Of car.
pet wools and from their statements have,
compiled the following, which ialrly sum.
marizes their views: Il
The consumption of carpet wool In the
United States, when the factories are In full | :
operation, is estimated at from 10. 900, OCo to
10000 pounds OF wool per annum. This
great quantity OF raw material is known as
bird wool, and comes mainly from Rus =
ia South America, SYRIA, Persia, Greece -
smyrna, Mexico, Western Texas and the Pa
life Slope. The quantities derived from each
ource being In about the order in which the 40
Countries are named, Russia furnishing the
argos, supply. Y
The present scarcity OF wool Is chiefly at
ributabie to the remarkably great activity O]
hitch has PREVAILED among manufacturers Of 81
'oolea fabrics during the past five or six lei
lonthS, but there are other causes OF anter. =
or date. One cause Of the scarcity of wool is
ound In tie fac: that feeces have been so g
heap for several years past that farmers have
'und 1t more profitable to slaughter sheep to On
great extent, rather than to Keep them for II
hearing. va
"Another cause Of the present dearth is that W
'oel has been 10 cheap that 1t has been used
make qeds, ETC., in wool growing countries.
nd especially in Turkey and Greece.
- Gt
"rhe future condition Of the wool market =
Ill depend upon variety Of circumstances, -
he heavy stock hold In Europe and else. T
'hHe on January l, 1s7a-:ourtsen months
go-has bsen swept away BY the great de-
- INC
'and from manufacturers of all kinds or
oo,sr t.x.,,,. ond on,n...,x,o,u Cd,