The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1891-07-26
EErecTs oE THE M,kINI Fyt AVN

WASHINGTON, July pa copy Of the
English Board of Trade Journal, printed
in London for July. 1891, has been re-
ceived in this city. The July number con
tains a report from w: l.. Booker, the
British consul general at New York, con-
cernlng the effect of the Mckinley tariff
upon American industries. Mr.. Booker
says:
"Infuenced by the new and higher du-
ties afforded for the benefit of American
manufacturing interests new life has been
impaired to the cotton, worsted, woolen
and knit underwear industries. Every
where, especially in the southern states,
new textile mills have been going up with
surprising activity, and all the old corpor-
ations are being operated on full time.
There have been very few strikes among
mill operatives during the year, with one
or two exceptions, and those were not
caused by reduced rates of wages, or hours
of labor, but merely through discipline OF
the workers. As a rule, all the cotton
mills have had year Of unusual activity.
The production has been OF larger volume
than in any previous year, and the goods
have found a ready sale generally. but at
comparatively low prices, considering the
high prices which prevailed during the
first six months of the year for cotton.
Market prices, except in few cases, did
not vary with the price Of cotton. Open
ing generally at low rates, cotton goods
have been steady, the home and export
demand being sufficient to absorb the
supply of all standard and staple makes
of brown, bleached and coloreG goods, II
we except printing cloths and calicoes.
The request for both the latter has been
somewhat limited, and the mills at Fall
River engaged in the production of print
cloths will find it difficult to declare any
dividends this year unless they draw from
their sinking funds.
1.-The price of printing cloths was never
so low, viz: 81. 81 (l2s 2d) net for 64 picks
square, yards to the pound, and some
makes of 56 by 60 picks have been closed
out as low as 319c net, the lowest price
ever recorded. The depression in calicoes
is in a measure owing TO fashion changes,
the trade having turned largely to ging-
hams in Scotch styles, for which the de-
maud has been unprecedented, and at
fairly profitable figures. As whole, how
ever the outlook for the cotton industry Is
exceedingly favorable. There are no large
supplies of any make of goods in stock, and
prices generally are established on paying
basis. The worsted goods industry has
been marked by a fresh life, since the new
tariff has to great extent cut off the i'm
portation of the lowest grades of such
goods All the factories have started up,
and are making goods on safe orders, and
new mills are being erected by European
and British capitalists with a view to
manufacturing finer class of dress goods,
etc, than ever before has been produced
in this country The wooden goods in
dustry, apart from ladies' cloths, does not
show any perceptible signs of improve
ment, but keeps on a slow, steady gait,
apart from carpetings and woolen under
wear. Both of the latter industries have
been unusually busy during the last six
months at fairly profitable prices"