The Pickens sentinel. [volume] (Pickens, S.C.) 1871-1903, 1890-11-06
PRICES GOING UP.
Pleasant Reading for Consumers from the
Trade Journals.

Trade Journals.
The trade journals, whose function it
is to chronicle the ups and downs of
prices for the information of the jobbing
and retail trade, are just now interest
ing reading for people with inelastic
incomes. The Mckinley tariff put
higher duties on foreign manufactures
to enable the home protected manufac-
turcrS to get higher prices, and the pub
lished price lists show that they are
working the new law for all it is worth.
The American Wool Reporter of the
10th instant makes this report Of the
present state Of mind of wooden manu-
lacturers: "Naturally all are looking
forward to u rcadjuStment of values.
ms IS Imperative, and, more than this,
is the direct purpose Of the new bill"
AS to plain goods the Reporter saws:
NO one can tell where the market will
go on these fabrics. At the present
time tifty-inch goods that have been
sold by JoDDcrS this season as low as SO
cents, and i'll few instances possibly
down to l1i3 cents, are held strong at
agents hands at 50 cents \ decided
advance must be obtained on these
fabrics, and it is held by some that
prices will touch 70 cents before the
spring season is over" Satinets, says
the same authority, are to command
higher prices, "cOnSeQuent upon the
change in tariff laws. These must come:
they are the inevitable result as well us
the designed purpose Of the Mckinley
bill. FlannelS, according to the Re
porter, are to enjoy "a Is to 90 per cent,
advance over the auction prices of last
spring.. The Central Falls Mills, says
the same journal, have announced that
on and after the 18th the price of their
"aIl wool rhibetS will be &l.S7lI, an adj
vance OF III: cents per yard, the goods
having been sold this season at $1.75."
On the subject of carpets the Reporter
had an interview with Mr. \. T.. LYMAN,
OF the Lowell Carpet Company, rs to the
effect of the new tariff on his business.
"All classes of woods entering into the
texture of carpets" says Mr.. Lyman,
are subject to higher duties \ large
amount of wool now coming to us will
have 10 pay 40 per cent. more duty than
1t would have had to pay if it had come
in last week. Right on the top of the
passage of the Mckinley bill, the Phla-
dclphia carpet manufacturers invited
the representatives Of the Eastern mills
to enter INTO an agreement to lock up
40 per cent. of all the looms for one
year, beginning November lSt." The
locking up proposition was not adopted
but II was agreed to "raisc prices" and
l'hlladelphia carpets have accordingly
been advanced ten cents u yard This
ac'on, however, was only preliminary
to a further advance. "In addition,
says Mr.. Lyman, lit was agreed that i
the Eastern mills advance, the Phila
delphla mills will immediately follow
SUIT with an advance upon that whicl
they have already made. New price
are generally given out about Decembe
|, but this year they will come mucl
earlier and will be much higher. An
olhcr conference of manufacturers is t,
be held in New York next week. r.,
sum up the situation: Consumers viii
soon have to pay higher prices, or else
they must buy inferior qualities of car
pet ut the old prices"
he testimony of the Dry Goods Econ.
nmlSt is the same. "Thc first effect of
he new tariff, says the Economist, has
been to harden values for all kinds of
dry goods and to advance prices for all
classes. Raw wool has advanced and
all manufactures are irmcr to higher.
flnr dress goods are 10 to Ii per cent.
drarcr, and flannel fabrics are tirmcr,
with IN upward tendency. Linens have
advanced 10 per cent, and the tendency
IS upward, particularly for handkcr-
chiefs. On all kinds Of table linens,
ShlrtingS, hollands, shcetings, burlaps,
toWclingS, and housekeeping linens
generally, advances Of 10 to l2h per
cent. are readily obtained, and trade is
quite brisk at that"