The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1890-09-10
FAILING WOODEN MILLS.
MANY OF THEM IDLE AND SOME
FOR SALE.


Bursiea to the Manufacturers without
Bringing Prosperity to the Wool Crow
ers-The Present Price of Wool.
Our woolen industry is by 10. means
in prosperous condition, and The higl.
wool duties of the Mckinley bin hold
out a stiIl gloomier prospect for the
manufacturers
The following items from the late num-
bers of The New Yerk Dry Goods Econ
oanist will show what state of depres-
sion prevails in this important industry:
The Brown Manufacturing company,
OF Dover, Me-. woolen manufacturers.
are running ON haff time"
''The Standard Woolen company, of
Beacon Falls, Conn, has decided to run
out this seasons goods. and if business
prospects are no brighter viii close mp its
business in few weeks,
Owing to the unsatisfactory condi-
ton of the woolen business the Faulk-
ner Colony Manufacturing company, of
Keene, n. H.. and the Cheshire Mills
company. of Harrisville. viii stop their
machinery for the present"
''Owing to the shut down of Rhodes =
Brothers mills at Ashton, n. J., tlis
town of Llewellyn. which had popcia-
ton of 1900 at the time of the shut
down two months ago, has lost about
one-haf of its inhabitants"
The woolen mill of ]. s. Collins, at
Gilsum, N. H.. Is running ON short time,
four days week. The poor condition
OF the market has necessitated curtailing
production"
The Angora mill of Sellers Hoffman,
Angorl. West Philadelphia, Pa, which
GhTrt dnVxyfa Nov ~ -
with no prospect of an agreement being
made between the strikers and their em-
ployer. This throws ont about seventy
FIVE hands. Cotton shirtings, dress goods
and cottonades are made in this plant.
1t Is said that the weayers We're formerly
paid one cent per yard, and Were cut
down seven-eighths of cent"
''Manayunl, Pa.-The five-story stone
mill known as the Enterprise Worsted
mill, with machinery, has been sold at
auction for the assigned estate of Hutch
inson. Ogden & Co., and was bought for
S11 100. subject to MORTGAGES of SI7. 900.
by Frederick Brown"
''Phf1adelpAia, Pa.-TlA -aill and ma
chinery of the Aimy Manufacturing com
pany were recently put mp at auction.
About $50 manufacturers from all parts
OF the country attended the sale. The
plant was first offered. but was with
drawn ON bid of $50, 900, as the pur-
chase price would not satisfy the mort
gage held by Powers Sc Weightmau.
which is for CSC,
These facts tell their own story and
explain the growing sentiment among
the manufacturers in favor of free wool,
Some of the high tariff politicians have
begun to takenote of that growing senti
ment. Senator Aldrieh, of Rhode Island
Is reported to have said recently that II
he did not vote for lower duties ON wool.
or For fraa -ssrs.ai- -l.is-et~ss swouid senul
someone to the senate who would.
The effect of free wool, both upon
manufacturing and upon wool growing.
Is thus set forth by The Dry Goods
Economist:
with free wool America would ente,
as buyer IN the wool markets of the
world on the same basis as any other ma
tlon, and her demands for woods would
advance the prices to other purchasers SO
as to maintain the value of domestic
woods Mt greater evenness than has ever
been known, and at very little, If any.
below the average of prices that wool
growers have received for several wears.
This is the manufacturers view of the
operation of free wool upon domestic
woods. 1t is not that they desire cheap
wool that they ask for free wool. but be-
cause on such a basis they can enter the
markets of the world and secure oual
ities that will enable them to diversity
their output and supply the market with
goods that are now imported in large
quantities. The demand would be quick
ened, every set of woolen machinery in
the country would be set in motion. and
the demand for American woods be in ex
cess of the lnrgest clip that has ever been
produced"
The opposition of the noisy little band
of Ohio political wool growers to the
removal of the wool duty Is the ONLY
thing which stands in the way of wise
action ir the matter. This little band of
political shepherds, with Delano. Law
renee and Hsrpster at its head. is the
moving spirit of the National Wool
Growers association This association,
recently met in convention at Galveston
Tex, and adopted resolution depre-
eating the defamation of eve focks west
OF the Mississippi by killing them for
market instead of holding them for
breeders. That is, after bleeding the
wool manufacturers till they have left |
little purchasing power these worthiss
scolo tne farmer for making the most |
profitable disposition Of his wool uro- |
ducing animals. Even with the present |
high duties ON wool, and the prospect of |
still higher protection held ont TO them
by Mckinley, the wool growers find Il |
more profitable to kin their ewes for
mutton rather thaa to keep them for
producing weol and enIargine their
focks- That Is certainly situation for |
the political shepherds to "view with |
alarm" and is a dismal result after
twenty-three years Of high protection ON |
wool.
Moreover, the duty on wool has not |
succeeded IN keeping prices up to the |
figure at which they stood in 1857. when |
the present era Of high wool tariffs be-
gan. In 1857 the prices of the cheaper |
woods in New York ranged from 25 TO |
81 cents pound. in 1858 from "a 10 81.
But the prices, according to the latest
reports from New York and Philadel- |
phia, are now much lower than those
figures, wool in the grease bringing only
II to % cents q pound.
The medicine which the wool growers
have been taking Ia such copious doses
has failed TO work a cure, and they stil /
cry aloud for 1ar,0ar and Iax,><.,. 5,.,-.,r