New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-10-30
NO SIGNS PET or HIGHER PRICES.
MERCHANTS AT ALBANY EXPECT THAT DoMEs
TIC MANUFACTURES WILL BE
LOWER IN PRICE.

Albany. Oct 90 tspecaD-Leading dry goods mer.
chants here were consulted to-day relative to the
erect OF The Mckinley law Said John G. Myers:
There has been no advance in either foreign or
domestic goods. at either wholesale or retail prices
under the tariff. will there be for some time TO
come When that time does arrive only foreign
goods VIII demand an increase in price, such our
imported fine dress goods. Not only have tile prices
OF domestic goods shown no advance, but there are
ho INDICATIONS to confirm opinion that they will
be Increased In fact everything points to stationary
prices Competition will deter domestic manufacturers
rom raising prices on their goods, which, by the
way are OF surprisingly high order IN dress goods,
Tor instance, even Of the highest qualities the do
nestle manufactures inferior 10 the foreign only
In the matter Of dye and perfection Of nIsh and in
these respects they will soon be par with the
foreigners. as they in the production Of the ma
terfal The time has come when Americans can show
what they do I strongly favor protection,
p. W. oReilly, Of McMannus & OReiIy. said ::
Despite what has been published. the prices OF
foreign and domestic gods have not been advanced.
The spring importsons Of the highest class Of foreign
goods, as silks, laces, etc, which cannot be maui
featured In this country account Of dearth Of
hand-laborers, will probably he somewhat higher in
price; but all other goods that can be made with
machinery will sell at the usual price. at least and be-
fore long, lower because OF the competition among do
mestic manufacturers. All the middle and lower classes
Of goods are manufactured in this country Of q
quality before equallcd. In anticipation Of the
passage of the Tariff law each manufacturer has turned
out superior article In the attempt to Guido all COM
petors, and result the public get the best quality
OF goods ever put on the market at no advance In
price. This competition is bound to increase. and
while goods improved prices Will necessarily be
reduced. An agent OF the NEST famous Scotch manu-
acurcr Of light cotton fabrics was here this morning
and wanted to sell me his goods now at prices ad-
vanced proportionately ID the increased duty, but
actually at the same prices those Of last year.
William Whitney said THE domestic manufacturer
WILL Of course, get much for his gooAs as he can.
but competition will be sufficiently active, in my
opinion to prevent any material advance in prices ex
cept In few special articles. An increase in prices
for the mandfac will be desirable thing. inas
much his greater profits will enable him to advance
the wages Of wOrkmen to enlarge his mill and there
by increase the number OF hands employed think In
the main IL will be beneficial and will tend 10 stimu-
late trade in all it's branches. Too little Importance
Is attached to the fact that under the new tariff the
articles put the free list will more than compensate
for the Increase dutable goods since $50. 900
viii remain In the peoples pockets. which before the
extension Of the free list went into the Treasury